I found this very helpful article which describes how to handle limit orders in the backtester.
https://www.amibroker.com/kb/2014/11/26/handling-limit-orders-in-the-backtester/
Here is the sample backtest code;
BuySignal = Cross( Close, MA(Close, 100 ) );
// buy on the next bar
Buy = Ref( BuySignal, -1);
BuyLimitPrice = ValueWhen(BuySignal, Close) * 0.99;
// now we check if limit was hit
Buy = Hold( Buy, 3 ) AND L < BuyLimitPrice;
// if Open price is below the limit, then we use Open for entry
BuyPrice = Min( Open, BuyLimitPrice )
The code works fine. I encountered an obstacle to create a conditional buy limit order. What I want is something like this;
Buy = IIf(BuyLimitCondition==False, BuySignal, BuyLimitConditionSignal );
BuyPrice = IIf(BuyLimitCondition==False, BuyLimitPrice, BuyLimitConditionPrice);
So, the problem is how to generate BuyLimitConditionSignal and BuyLimitConditionPrice.
Any hints on how to get started?