Function twsapi::examples::order_samples::market_if_touched

pub fn market_if_touched(action: &str, quantity: f64, price: f64) -> Order

A Market if Touched (MIT) is an order to buy (or sell) a contract below (or above) the market. Its purpose is to take advantage of sudden or unexpected changes in share or other prices and provides investors with a trigger price to set an order in motion. Investors may be waiting for excessive strength (or weakness) to cease, which might be represented by a specific price point. MIT orders can be used to determine whether or not to enter the market once a specific price level has been achieved. This order is held in the system until the trigger price is touched, and is then submitted as a market order. An MIT order is similar to a stop order, except that an MIT sell order is placed above the current market price, and a stop sell order is placed below Products: BOND, CFD, CASH, FUT, FOP, OPT, STK, WAR