What happens if a market order gets partially executed using ORDER_FILLING_RETURN?
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Hi all.
What happens if a market order gets partially executed using ORDER_FILLING_RETURN?
Suposing my buy market order had 10 volume and the first level of ask price has only 5 volume. Does the market order will buy 5 in first ask price and the rest on following available ask prices until complete my order? Or will buy only 5, and in this case what happens?
The documentation (https://www.mql5.com/en/docs/constants/tradingconstants/orderproperties) says:
ORDER_FILLING_RETURN
This policy is used only for market orders (ORDER_TYPE_BUY and ORDER_TYPE_SELL), limit and stop limit orders (ORDER_TYPE_BUY_LIMIT, ORDER_TYPE_SELL_LIMIT, ORDER_TYPE_BUY_STOP_LIMIT and ORDER_TYPE_SELL_STOP_LIMIT ) and only for the symbols with Market or Exchange execution. In case of partial filling a market or limit order with remaining volume is not canceled but processed further.
For the activation of the ORDER_TYPE_BUY_STOP_LIMIT and ORDER_TYPE_SELL_STOP_LIMIT orders, a corresponding limit order ORDER_TYPE_BUY_LIMIT/ORDER_TYPE_SELL_LIMIT with the ORDER_FILLING_RETURN execution type is created.
It says remaining volume will be processed further, but this is not clear. What does this "processed further" mean?