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Equalized risk+ a profit target / range hotkey
Elie replied to Elie's topic in Day Trading Hardware, Software and Tools
great, thanks peter -
Equalized risk+ a profit target / range hotkey
Elie replied to Elie's topic in Day Trading Hardware, Software and Tools
@Pete B Hey Peter, yes your right, I do get errors, I think I understand what you mean now, this specific hotkey script has an old syntax, and I should use yours instead: CXL ALLSYMB; $buyprice=Ask; $risk=20; $mystop=price; $pricetostop=$buyprice-$mystop; $target=3*$pricetostop+Ask; $amount=$risk/$pricetostop; SShare=$amount; Share=$amount; TogSShare; ROUTE=”SMRTL”; Price=$buyprice; Price=ROUND2; TIF=DAY+; BUY=Send; TriggerOrder=RT:STOP STOPTYPE:RANGEMKT LowPrice:$mystop HighPrice:$target ACT:SELL QTY:POS TIF:DAY+; am I right ? -
Equalized risk+ a profit target / range hotkey
Elie replied to Elie's topic in Day Trading Hardware, Software and Tools
@Pete B, Hey Peter, it's enabled in my setting, that's what you mean ? -
Equalized risk+ a profit target / range hotkey
Elie replied to Elie's topic in Day Trading Hardware, Software and Tools
@Pete B Hi Peter, Thanks for the resond, I don't know what you mean, the hotkey advanced script is enabled, the hotkey works perfectly only with 1R, when I change the R in the script to 2 or 3 ( StopPrice*3+Ask) it does not work any more in temrm of showing the stop loss and the profit target on the chart and on the orders -
Hi Guys, I'm trying to use the hotkey that sets an Equalized risk+ a profit target / range based on R, : CXL ALLSYMB;StopPrice=Price-0;DefShare=BP*0.925;Price=Ask-Price+0.00;SShare=40/Price;Share=DefShare-SShare;DefShare=DefShare+SShare;SShare=Share;Sshare=DefShare-SShare;Share=0.5*SShare;TogSShare;ROUTE=SMRTL;Price= Ask+0.05;TIF=DAY+;BUY=Send;DefShare=200;Price=Ask-StopPrice*3+Ask;TriggerOrder=RT:STOP STOPTYPE:RANGE LowPrice:StopPrice HighPrice:Price ACT:SELL QTY:POS TIF:DAY+ when I change the R from 1 to 3 : StopPrice*3+Ask; it some how don't show the stop loss and the target on the chart and on the orders as well, any idea why is that ?
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Hi Guys, I'm trying to use the hotkey that sets an Equalized risk+ a target of R, : CXL ALLSYMB;StopPrice=Price-0;DefShare=BP*0.925;Price=Ask-Price+0.00;SShare=40/Price;Share=DefShare-SShare;DefShare=DefShare+SShare;SShare=Share;Sshare=DefShare-SShare;Share=0.5*SShare;TogSShare;ROUTE=SMRTL;Price= Ask+0.05;TIF=DAY+;BUY=Send;DefShare=200;Price=Ask-StopPrice*3+Ask;TriggerOrder=RT:STOP STOPTYPE:RANGE LowPrice:StopPrice HighPrice:Price ACT:SELL QTY:POS TIF:DAY+ when I change the R from 1 to 3 : StopPrice*3+Ask; it some how don't show the stop loss and the target on the chart and on the orders as well, any idea why is that ?
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Equalized Risk Per Trade Equalized Risk Per Trade Script
Elie replied to Elie's topic in Welcome: Bear Bull Traders Forums
That's exactly what happend Thank you -
Equalized Risk Per Trade Equalized Risk Per Trade Script
Elie replied to Elie's topic in Welcome: Bear Bull Traders Forums
I think that was a high bid ask spread maybe THanks Peter, Appreciated -
Equalized Risk Per Trade Equalized Risk Per Trade Script
Elie replied to Elie's topic in Welcome: Bear Bull Traders Forums
@Pete B Hey Peter, Yes I know that's why it was alittle strange when the stop loss was triggered and it showed $74, but thanks any way -
Equalized Risk Per Trade Equalized Risk Per Trade Script
Elie replied to Elie's topic in Welcome: Bear Bull Traders Forums
@peterB Hi Peter, thank you yes I noticed, I'm using the Equalized Risk Long 40 script and it works perfectly, it's just that it uses buying power and I want to use only cash(0.2R of 20K acount) I noticed that Sometimes when the stop loss are triggered I lose more than $40, shouldn't it be only $40 loss ? -
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Hi everyone, in the Equalized Risk Per Trade Equalized Risk Per Trade Script, the stop loss is not dynamically calculated based on a specific technical level on the chart. Instead, it uses a fixed calculation and it triggers (StopPrice-0.05) which means it will trigger a market sell order 0.05 units (e.g., dollars) below the entry price. what I want is basicaly is: Manually set my stop loss on the chart at a technical level and When I press the hot key, the script calculates: The risk per share (StopPrice). The number of shares to buy based on my predefined risk amount (which is 0.2% of my 20K account in this example). Order Placement: Places a buy order at Ask+0.05. Stop Loss Order: Sets a stop market order to sell if the price hits the defined stop loss on the chart. So I modified the script to : StopPrice=Price-StopPrice; Share=40/StopPrice; DefShare=Share; Price=Ask+0.05; TIF=DAY+; Buy=Send; TriggerOrder=RT:STOP STOPTYPE:MARKET PX:StopPrice ACT:SELL STOPPRICE:StopPrice QTY:Pos TIF:DAY+ Can anyone please let me know if the script is correct and can work? Also How do I place my stop loss manually on the chart? at Pre market DAS doesn't allow stop loss on the chart ? Thanks in advance