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Showing content with the highest reputation on 02/03/2021 in all areas

  1. 1 point
    @Justin, this hotkey would be perfect for how I'm trading right now. Even though it isn't rubber-stamped yet, are you able to share?
  2. 1 point
    Yes, I think he's saying have this hotkey instead of the range. Like manually selling at 2R. This will sell 50% of your position at whatever the current price is. It will cancel your current stop, and move it to break even with the remaining shares (so you can't lose any more than you've gained), CXL ALLSYMB;Route=SMRTL;Share=Pos*0.5;Price=Bid-0.05;TIF=DAY+;SELL=Send;ROUTE=STOP;StopType=Market;StopPrice=AvgCost;Share=Pos-share;TIF=GTC;SELL=SEND
  3. 1 point
    @James00trades You can definitely do a 2:1 range order in the same "part-2" hotkey, but it would be a full exit at the stop loss and 2R. There is an alternative... But it's not great. In a 3rd hotkey (after you've entered a position), you can have it recalculate your position and place multiple range orders down at different price levels. Have a look below - one hotkey takes your full position (118 shares) and splits it between 5 range orders at 1R-5R. It's hard to see (as they are stacked on each other) but all 118 shares should stop out at the same price of 123.48. Now I said "should"; here is the real problem with the script (also the main reason it's not released). Because your stop is actually 5 separate orders, in more volatile stocks you can have some bad slippage. It also can increase your commissions a bit (mainly on smaller positions). I know Kyle has been working with DAS, I've been working with DAS.... If they simple can provide us with a few more variables, this stuff would be easy.
  4. 1 point
    Yeah you got it @miked! Yeah, it's not really possible as stop orders will not execute during extended hours I haven't but it's probably possible. You'd like it so the bottom portion of the range is where your stop should be, and the top part of the range is exiting at say... 2R?
  5. 1 point
    Hey @miked and @James00trades it might help if you attach some screenshots, but here is what is supposed to happen: This is an example of when you are trying to go long On QCOM I want my stop to be 164.13. So I double click on the chart at that price and hit the first hotkey: StopPrice=Price You will not see anything on the chart at this point. The price is currently at 164.25 and I want my entry to be from 164.29. So I double click on the chart at that price and hit the second hotkey: DefShare=BP*0.97;Price=Price-StopPrice;SShare=30/Price;Share=DefShare-SShare;DefShare=DefShare+SShare;SShare=Share;Sshare=DefShare-SShare;Share=0.5*SShare; SShare=Share;Share=Price*100; Price=StopPrice; DefShare=Price*100; Price=Share/100; Price=Price+StopPrice; StopPrice=Price; Share=SShare; TogSShare; Price=Price+.05;TIF=DAY+;Route=Stop;StopType=Limit; Buy=Send; Share=DefShare;Price=Share/100; StopPrice=Price; DefShare=400;TriggerOrder=RT:STOP STOPTYPE:MARKET PX:StopPrice-0 ACT:SELL STOPPRICE:StopPrice QTY:Pos TIF:DAY+; This will show on the chart (below) as a range order, as the hotkey is set to do a 5 cent range (Price=Price+.05) - you can change this to whatever you're comfortable with. You will not see the stop loss on your chart until the price comes up and this range order is triggered. As you can now see (below), the price has come up and entered me at 164.30 (as that price was in the 5 cent range of 164.29 - 164.34). You will also see that the stop loss has triggered upon entering the position at the original price I clicked on the chart - 164.13. Does this explanation help a bit? I think it might be seeing the range order that is confusing.
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