Is using a Limit Order with NextSessionOpen backtesting correctly in this situation? It seems when I run this strategy with a Limit Order, it is buying at the open price rather than buying at 1% above the day's open price. It doesn't look like using a Stop Buy has the same issue.
Rename
A Limit order gives you the limit price or better.
If you want to wait until the price reaches 1% above the Open, then you should use a Buy At Stop order.
If you want to wait until the price reaches 1% above the Open, then you should use a Buy At Stop order.
Gotcha. Thanks
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