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Miah

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Posts posted by Miah

  7. Posted · Edited by Miah

    UPDATE: I got the stops!

    So I got a way to easily move your stops to break even while keeping your profit targets. This is something you would likely want to do when you are up 1r. 

    One weird thing about it is that you need to double-click on the chart where your ORIGINAL stops are before hitting the hotkey (or where your stops were originally should you have removed them first). This is how it knows your profit targets.

    You can of course do this at any time at any place on the chart should you so desire.

    So I'm now just using Kyle's hotkeys that simply gives a stop where you clicked on the chart, and then if I intend to hold it longer, I just convert it to the range with b/e stops using the hotkeys below. I think it's the best of both worlds for short holds vs. long holds. 

    Long: 

    CXL ALLSYMB;Price=AvgCost2-Price;Route=Stop;StopType=Range;LowPrice=AvgCost2;HighPrice=AvgCost2+Price+Price;Share=POS*.25;Sell=Send;Route=Stop;StopType=Range;LowPrice=AvgCost2;HighPrice=AvgCost2+Price+Price+Price;Share=POS*.25;Sell=Send;Route=Stop;StopType=Range;LowPrice=AvgCost2;HighPrice=AvgCost2+Price+Price+Price+Price;Share=POS*.25;Sell=Send;Route=Stop;StopType=Market;StopPrice=AvgCost2;Share=POS*.25;Sell=Send

    Short: 

    CXL ALLSYMB;Price=Price-AvgCost2;Route=Stop;StopType=Range;LowPrice=AvgCost2-Price-Price;HighPrice=AvgCost2;Share=POS*.25;Buy=Send;Route=Stop;StopType=Range;LowPrice=AvgCost2-Price-Price-Price;HighPrice=AvgCost2;Share=POS*.25;Buy=Send;Route=Stop;StopType=Range;LowPrice=AvgCost2-Price-Price-Price-Price;HighPrice=AvgCost2;Share=POS*.25;Buy=Send;Route=Stop;StopType=Market;StopPrice=AvgCost2;Share=POS*.25;Buy=Send

     

    Enjoy!

  9. Posted · Edited by Miah

    Just wanted to share my hotkeys with the BBT fam. These hotkeys are made for speed and built with a range order to take profit of your choosing at an R/R of your choosing. 

    So the examples below are of a long and short with a $100 risk, a 10c stop, and sell 20% at 2:1. I'll break them down so you can edit for different amounts to your needs.

    1. The Share=100/.10; is your risk in dollar amount, so $100 in this example with a 10c stop. Change the 100 to 50 for $50 risk (or whatever you want). If you change the stop change the .1 accordingly (eg. .2 for 20c). 
    2. The AvgCost2-.10 and AvgCost-.10 are your 10c stop. So if you change these to -.20 (20c stop) then also change Share=100/.2; as noted above.
    3. The :AvgCost2+.20 is the (in this case) 2:1 profit target, so 20c reward. If you make one with a 20c stop then this one could be .40 for a 40c reward.
    4. The QTY:POS*.20 and QTY:POS*.80 determines how much it sells at the profit target. In this case we are selling 20%. You could make both numbers .5 if you wanted to sell half at the profit target.

    79Tj9AG.png

    Long $100 risk with 10c stop :  

    Share=100/.10;ROUTE=LIMIT;Price=ask+.05 ;BUY=send;TriggerOrder=RT:STOP STOPTYPE:RANGE LowPrice:AvgCost2-.10 HighPrice:AvgCost2+.20ACT:SELL QTY:POS*.20 TIF:DAY+;TriggerOrder=RT:STOP STOPTYPE:MARKET STOPPRICE:AvgCost-.10 ACT:SELL QTY:POS*.80 TIF:DAY+

    Short $100 risk with 10c stop :  

    Share=100/.10;ROUTE=LIMIT;Price=BID-.05 ;SELL=send;TriggerOrder=RT:STOP STOPTYPE:RANGE HighPrice:AvgCost2+.10 LowPrice:AvgCost2-.20ACT:BUY QTY:POS*.20 TIF:DAY+;TriggerOrder=RT:STOP STOPTYPE:MARKET STOPPRICE:AvgCost+.10 ACT:BUY QTY:POS*.80 TIF:DAY+

     

    Enjoy

     

    P.S. If you're just looking to double-click on the chart and have a fixed risk entry with a stop and a target, look for the 1:2 Risk:Reward Hot Key Scripts found here: Most frequently used hotkeys - DAS Trader Pro Tips and Tricks - Bear Bull Traders Forums

  13. Posted · Edited by MiahX

    Is there a way to do this with trailing stops instead? 

    Even better, is there just a script to double-click on the chart to place a future order with a set trailing stop?

    EDIT: Figured it out, this will allow you to double-click on the chart and press the hotkey for the below command to set a buy/long price at the share amount shown in the montage, and when triggered sets a 10c trailing stop.  

    ROUTE=STOP;StopType=LIMIT;StopPrice=Price;TIF=DAY+;BUY=SEND;TriggerOrder=RT:STOP STOPTYPE:TRAILING STOPPRICE:0.10 ACT:SELL QTY:POS TIF:DAY+;

     

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