Here is a Hotkey Script that will buy a Fixed Number of Shares at Market (for a LONG position) when the price gets to a certain price above the current price. You must double-click the price where you want to place this STOP order. (NOTE: you must also have your MONTAGE WINDOW STYLE set to "Stop Order". )
Here is the version of the script for entering a SHORT position.
If I bet on a price increase beyond that range for ABC stock and places a buy stop order at $10.20 (if the current price of ABC is $10.0). Once the stock hits that price, the order becomes a market order and the trading system purchases stock at the next available price.
However, I cannot do the Stop Buy Order in the Das Trader Pro because of the error message "The price is invalid". Did anyone know what the problem is?
For Long side: Share=Pos;StopPrice=50/Share;Price=AvgCost-StopPrice;StopPrice=Price;Route=Stop;StopType=Market;Sell=Send;TIF=Day+;
For Short side: Share=Pos;StopPrice=50/Share;Price=AvgCost+StopPrice;StopPrice=Price;Route=Stop;StopType=Market;Buy=Send;TIF=Day+;
Thank you so much, @Angela Kuzeva and @Martin D. I've been using Aiman's Parabolic Reversal strategy (and have added many of my own rules to the playbook). Your feedback are very helpful, I'm grateful that you've taken the time to help me with this.