Throne
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Ok try adding what you suggested. You mention if you want to add more you just do it again, does that mean you are literally clicking in another stop lost and basically having 2 or more stop losses on the chart or how is your script handling the stops? I scale in and out of my positions most time to help with either losses or taking profits to early. So I do what I called "starters" which could be like 25% or 50% of my total size for the trade and add or subtract as the trade goes on. But the biggest thing is i never want my initial stop to change or go away until i manually clear it I just want it to update with total shares.
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Okay so how do i fix the scripts to update my original stop with the initial order?
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Guys I cant for the life of me figure out how to scale in and out with these scripts and make my original stop update with adds or sells correctly. I will post my scripts and hopefully someone can tell me what Im missing. 50% short StopPrice=Price+0.01;DefShare=BP*0.97;Share=DefShare*0.25*Price*0.025;Price=Price-Bid+0.01;SShare=Share/Price;Share=DefShare-SShare;DefShare=DefShare+SShare;SShare=Share;Sshare=DefShare-SShare;Share=0.5*SShare;TogSShare;ROUTE=LIMIT;Price=bid-0.03;TIF=DAY+;SELL=Send;DefShare=400;TriggerOrder=RT:STOP STOPTYPE:MARKET PX:StopPrice+0.3 ACT:BUY STOPPRICE:StopPrice QTY:Pos TIF:DAY+; 50% Long StopPrice=Price-0.01;DefShare=BP*0.97;Share=DefShare*0.25*Price*0.025;Price=Ask-Price+0.01;SShare=Share/Price;Share=DefShare-SShare;DefShare=DefShare+SShare;SShare=Share;Sshare=DefShare-SShare;Share=0.5*SShare;TogSShare;ROUTE=LIMIT;Price= Ask+0.03;TIF=DAY+;BUY=Send;DefShare=400;TriggerOrder=RT:STOP STOPTYPE:MARKET PX:StopPrice-0.3 ACT:SELL STOPPRICE:StopPrice QTY:Pos TIF:DAY+; 25% Add CXL ALLSYMB;DefShare=BP*0.97;Share=Pos;SShare=Share *0.25;Share=DefShare-SShare;DefShare=DefShare+SShare;SShare=Share;Sshare=DefShare-SShare;Share=0.5*SShare;TogSShare;ROUTE=LIMIT;Price=bid-0.05;TIF=DAY+; SELL=Send;DefShare=400; 25% Cover CXL ALLSYMB;Route=LIMIT;Share=Pos*0.25;Price=Ask+0.03;TIF=DAY+;BUY=Send 25% Sell CXL ALLSYMB;Route=LIMIT;Share=Pos*0.25;Price=Bid-0.03;TIF=DAY+;SELL=Send Once again all Im needing is to have the original stop update the shares correctly as I scale in and out of the position.
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How do i fix it because that is what shows in the sheet for my hotkeys.
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Can someone tell me why my stop looks like this: I mean it works but why are there two. Here is my my hotbutton config: StopPrice=Price+0.01;DefShare=BP*0.97;Share=DefShare*0.25*Price*0.00749999999999999;Price=Price-Bid+0.01;SShare=Share/Price;Share=DefShare-SShare;DefShare=DefShare+SShare;SShare=Share;Sshare=DefShare-SShare;Share=0.5*SShare;TogSShare;ROUTE=LIMIT;Price=bid-0.05;TIF=DAY;SELL=Send;DefShare=400;TriggerOrder=RT:STOP STOPTYPE:LIMIT PX:StopPrice+0.3 ACT:BUY STOPPRICE:StopPrice QTY:Pos TIF:DAY+; Also what do I need to do to make my stop update based on scaling in and out? Here is my scale in and out configs: Short DefShare=BP*0.97;Share=Pos;SShare=Share *0.25;Share=DefShare-SShare;DefShare=DefShare+SShare;SShare=Share;Sshare=DefShare-SShare;Share=0.5*SShare;TogSShare;ROUTE=LIMIT;Price=bid-0.05;TIF=DAY; SELL=Send;DefShare=400;
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@peterB Thanks for responding so quickly. Let me play in demo a few days and report back.
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Can anyone explain how to properly use the scale in and scale out scripts. I like to scale it and out of my positions but Im not quite sure how to effectively do it using the scripts.
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FYI Justin this is the script I was trying to use out of the spreadsheet, Im with CMEG. Scale- In POS % 50% Long: DefShare=BP*0.97;Share=Pos;SShare=Share *0.5;Share=DefShare-SShare;DefShare=DefShare+SShare;SShare=Share;Sshare=DefShare-SShare;Share=0.5*SShare;TogSShare;ROUTE=LIMIT;Price= Ask+0.05;TIF=DAY; BUY=Send;DefShare=400; Scale-Out POS % 50% SHort: Route=LIMIT;Share=Pos*0.5;Price=Ask+0.05;TIF=DAY;BUY=Send
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THanks Justin I try these and see if I can get them working.
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Thanks for responding Justin, do you know know the scaling hotkeys should work with the stops? Im tracking on what you said with the flipped positions, thanks. I just would like to scale in and out if without taking the stop out if i can.
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Guys the hotkeys are working flawless for me, but I got a silly question when Im using the scaling in and out hotkeys do I need to cancel the the stop lost in order for them to take? I cant get the scale out hotkey specifically to work properly.