maliburx

Thanks Peter, appreciate your reply regardless!

hi guys, trying to get an idea if what i'm thinking of is doable: i primarily trade fib retracements at the open calculated based off high/low. For instance, High of Day = 405, Low of Day = 400. I enter limit order short at 50% retracement ie 402.5 with SL at 405+2c. Currently I'm using the 2 part hotkeys which works wonderfully (1st part to set SL at 405+2c, 2nd part to set limit order at 402.5). Just wondering if I can word the hotkey using High and Low of day as reference? i.e for Short Part 1 for Stoploss and calculating of shares = High of Day + 2c Part 2 = Limit Short at Level : [High of Day - (High of Day - Low of Day)*0.5] Any help will be much appreciated!

understand that, no worries, thanks very much Peter. this is for swing trade part of my portfolio actually, so i was thinking if i can get targets in place it is more hands off.

thanks Peter! that's the 2 part script that i'm using, this is the second part that i have been referencing, just unsure of how to add in the 1:1 target part DefShare=BP*0.97;Price=Price-StopPrice;SShare=50/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=GTC;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:GTC;

apologies, currently to use the formula " 3 dollar risk LONG position with stop loss and 3R target OCO range order" first i would double click the SL level, then when i click the hotkey assigned to the formula, it will go long at the current market price. what i would like to change it to would be the following: 1. double click for SL level (no change) 2. double click for entry level (Stop limit). Order will trigger upon reaching the level. That's how i have been using the formula below, but i am unsure how to add 1:1 target to it, so i was thinking of modifying the formula that you provided to a Stop Limit order. DefShare=BP*0.97;Price=Price-StopPrice;SShare=50/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=GTC;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:GTC; hope this is clearer

hi PeterB, have scoured around but not sure how to change the above " 3 dollar risk LONG position with stop loss and 3R target OCO range order" to a stop limit order for entry instead of market, is it possible to include parameter to change? this is the current one that i'm using but i would like to add a 1:1 TP for my trade. based on $50 risk, and after double clicking on stop level i will enter the following stop limit order: DefShare=BP*0.97;Price=Price-StopPrice;SShare=50/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=GTC;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:GTC; thank you for your help