Dear QC Community,

Limit orders with TimeInForce set to “Day” never get executed when daily data is used, no matter what the limit price is.

I guess this is expected to some but was a surprise to me. Is there a way around this without increasing the bar resolution (*)? Technically it should be possible to consider limit orders with just daily OHLC bars.

(*) When using large universes on inter-day strategies, increasing the resolution will result in significantly increased backtest latency without the algorithm actually using the additional data.

Best Regards.