Hi Guys, Actually, I did it by myself and it works pretty well after a 3 month test (in sim and live). You just have to tweak it based upon your fixed risk amount. I hope it will help you and let me know if you have any questions about it. To add 10$ risk LONG : CXL ALLSYMB;StopPrice = Price;Share=Price*100*Pos;Price=AvgCost;SShare=Price*100*Pos;Share=Share-SShare+1000; Price=Share/100;Share=Price;Price=Ask-StopPrice;SShare=Share / Price;DefShare=BP*0.97;Share=DefShare-SShare;DefShare=DefShare+SShare;SShare=Share;SShare=DefShare-SShare;Share=0.5*SShare;Price=Ask+0.02;TogSShare;TIF=DAY+;ROUTE=LIMIT;BUY=SEND;DefShare=10; TriggerOrder=RT:STOP STOPTYPE:MARKET PX:StopPrice ACT:SELL STOPPRICE:StopPrice QTY:Pos TIF:DAY+; To ass 10$ risk SHORT : CXL ALLSYMB;StopPrice = Price;Share=-Price*100*Pos;Price=AvgCost;SShare=-Price*100*Pos;Share=Sshare-Share+1000; Price=Share/100;Share=Price;Price= StopPrice-Bid;SShare=Share / Price;DefShare=BP*0.97;Share=DefShare-SShare;DefShare=DefShare+SShare;SShare=Share;SShare=DefShare-SShare;Share=0.5*SShare;Price=Bid-0.02;TogSShare;TIF=DAY+;ROUTE=LIMIT;SELL=SEND;DefShare=10; TriggerOrder=RT:STOP STOPTYPE:MARKET PX:StopPrice ACT:BUY STOPPRICE:StopPrice QTY:Pos TIF:DAY+; As usual, you have to change the route from LIMIT to SMRTL if you trade with IB, and the risk amount is multiplied by 100 in the hotkey script, so you just have to change the underlined and bold 10. Just one additional important point, it only works when your new stop loss and your new entry are in the direction of your trade, which anyway corresponds to your add strategy. However, if you select a wider stop for your add (which is theoretically impossible if you want to keep the same R amount), it still calculates a nb of shares (because one of the field used in the script automatically transforms negative values in positive ones) I hope it helps.

Re: Chartlog: The Chartlog application already does this in their system. I don't think it automatically pulls stops/etc. .. and those inputs are a paid feature last time I used it. Re: TradeIdeas: I don't currently have a copy of TI, but that'd be possible if TI allows you to trigger a command or script call on an alert. We can possibly do that in a class. It's not as intuitive as you'd hope. I will say, in the Excel file there is a step by step breakdown on one of the sheets. A few of those I'm going to help Carlos about how to help automate some of his workflow. The BBT Scanners program was completed with setup guide a long time back, it's just not been setup on the VM running the display. You can bug Peter on that 🙂 .. since he has access to it and I don't. For 99% of things, Cat6 will be more than enough. It really doesn't matter much, I like routers that allow you to flash open source firmware. But anything from Asus / TP-Link / Ubiquiti are usually good. We can go over creating that next Monday if we haven't already. The DAS API is locked behind an expensive paywall. You have a very limited command to communicate out of the program and that's it, but nothing can come back in via traditional means. That means you're limited in what variables and math you can do unless you get creative with in-memory editing or abuse some Windows API's. If there's enough interest in the topic, I can go over it a tad more in one of the classes .. but it's usually very technical orientated, so it'll probably make the majority of the audience get lost. 1. I'll try to remember to do that when I'm at my desk and can test things. 2. To be honest, I don't have much experience with the Basket Order system. There's not much documentation either (that I've seen). It's kinda made for a different type of trader. See my reply to Gator above.

I will post my two winning trades for the day as they are more interesting than my losing one. First is ABCD on AMC with a gain of about 2R (difficult to know exactly because my fixed risk keys dont work with SSR's. And next was APHA for another ABCD for 2.5R's. This one would have been a nice one to be watching through until almost midday if I didn't have to work:

Great job getting out early on the first trade!!! I need to improve that skill. On BB, you did a great job taking that partial and getting out at break even. A 25% partial is not bad at all!!

I have a prototype that I haven't completed. It's in a batch of hotkeys I have to create videos and instructions for that I plan to release next month. That particular hotkey will be called "Scale-In w/ Refactored Risk".