Who is your broker, and do you have the most current version of DAS?
You can use this to place a stop... You can enter the number in the price box, or just double click where you want the price stop as you do with Kyle's keys: StopPrice=Price;Route=Stop;StopType=Market;Share=Pos;Send=Reverse;
This hotkey functions by calculating your stop loss based off of:
-Your Risk per trade
-Your average cost
I wrote this because I got confused navigating Kyle's hotkeys.
Everyone else figured it out ok though lol! Idk
I don't know if he wrote anything that does this, but I figured I would just refactor how the shares were originally calculated to derive the stop loss.
The only thing you need to edit is the number in this portion > StopPrice=50/Share;
I am pretty sure everything else is OK to stay the same.
Here is the LONG script:
ROUTE=STOP;Share=Pos;StopType=Limit;StopPrice=50/Share;Price=AvgCost-StopPrice-StopPrice; StopPrice=AvgCost-StopPrice;StopPrice=Round2;Price=Round2;Share=Pos;SSHARE=0;TIF=DAY+;SELL=Send
Here is the SHORT script:
ROUTE=STOP;Share=Pos;StopType=Limit;StopPrice=50/Share;Price=AvgCost+StopPrice+StopPrice; StopPrice=AvgCost+StopPrice;Price=Round2;StopPrice=Round2;Share=Pos;SSHARE=0;TIF=DAY+;BUY=Send
This is the layout of my hotbuttons:
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Also can you like my post because I'm trying to rack up reputation points for literally no reason!
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