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  1. DAS TRADER PRO ADVANCED HOTKEYS – A PRIMER [2024-04-15: Production v.5.7.9.3] − Speed and efficiency are paramount in the fast-paced world of stock trading, particularly day trading. As traders, we are constantly seeking tools to gain an edge in the market. One such tool that has gained popularity among day traders is DAS Trader Pro, renowned for its robust platform and advanced hotkey scripting capabilities. − As I share insights about DAS’s Advanced Hotkeys, I want to underscore that most of the knowledge I’ve acquired about this craft—like many others in the trading community—was generously shared. I must acknowledge that I have no official affiliation with DAS Trader Pro software and that my present information is based solely on personal experience. − This presentation serves as my way of giving back—a small contribution to the community that has provided me with so much. Everything discussed here is intended for educational purposes only. It's crucial always to conduct your due diligence and independently verify any details, as this responsibility ultimately lies with you. The concept − The purpose of this exercise was to create a set of hotkeys for my trading. My hotkeys came from various good Samaritans willing to share; not all are equally effective. Understanding the complexity of the script itself was challenging at first. It's essential to test your hotkeys before trading, as you may realize they are not working as intended or don't meet your specific needs. − I set out to create a single hotkey script to fulfill most of my trading requirements, from buying options calls and puts to trading shares of stocks, long or short, while managing risk. The accompanying Excel spreadsheet allows you to input your specific settings. Want to trade stocks, long or short? Options, buying Calls, or Puts? Adjust risk levels? It’s all there. You create a script that aligns precisely with your trading style by customizing these parameters. Script Flow In this section, I will summarize the key steps in the script, from initializing variables to setting up the trigger order based on the defined trading strategy. 1. Initialize trading variables using the accompanying Excel spreadsheet (risk per trade, position size, price offsets, etc.). 2. Check trade bias: a. If LONG: Calculate the buy price and set up a SELL stop-loss order. b. If SHORT: Calculate the selling price and set up a BUY stop-loss order. 3. Compute position sizing: a. Account-based sizing uses percent position size, buying power, and risk percentage. b. Risk-based sizing using fixed dollar risk or percentage risk. 1. Dollar Risk : 2. Percent Risk 4. Adjust position sizing for options/stocks trading and ensure sufficient funds. 5. Determine minimum position size based on the lesser of account-based or risk-based sizing. 6. Prepare order details (price, route, time in force). 7. Execute or load the appropriate BUY or SELL order based on trade bias and order status. 8. Set up trigger order with stop type, price, action, and quantity. How to use the Script (please see prerequisite section) Using the script is straightforward if the script is linked to a hotkey: Double-click on your chart at your desired stop-loss price. Fire the hotkey linked to the script Conclusion In the exhilarating world of stock trading, where split-second decisions can either make or break fortunes, speed and efficiency serve as our trusted allies. Time saved is not merely a commodity but the defining factor between seizing an opportunity and watching it disappear. Cross-verifying information remains wise, just as one inspects a parachute before taking the plunge. This presentation humbly supports the trading community by fostering growth through education. Connect with me on X (@ItoThetrader), where I will do my best to address some of your questions/bugs and suggestions and try to improve. Happy trading! Despite my best efforts, there may be some errors in this document. I apologize if you come across any. After all, making mistakes is human, and I am only a mortal armed with a keyboard and a spellchecker. Download the accompanying Excel file Ito DAS Advanced HotKeys Primer v0.16.6.pdf
  2. If you have a problem with DAS not keeping the montage window in focus, resulting in hotkeys not working until you get the window back in focus, create the following hotkey to get focus to the montage window. Use this hotkey before hitting an execution hotkey.
  3. https://dastrader.com/docs/how-do-i-use-hotkeys/ ------------------------------------------ BUY $25000 CXL ALLSYMB; ROUTE=LIMIT;TIF=DAY+;Price=ASK+0.10; Share=25000/Price;BUY=Send SHORT $25000 CXL ALLSYMB; ROUTE=LIMIT;TIF=DAY+;Price=Bid-0.10; Share=25000/Price;SELL=Send Above scripts contain the rule to limit the price to no more than 10 cents above the ASK. (Ask+0.10) or 10 cents below the BID (Bid-0.10). Adjust this as necessary. ----------------------------------------------- SELL 100% CXL ALLSYMB; ROUTE=LIMIT;Price=Bid-0.10; Share=Pos;TIF=DAY+;SELL=Send; COVER 100% CXL ALLSYMB;ROUTE=LIMIT;Price=Ask+0.10; Share=Pos;TIF=DAY+;BUY=Send; SELL 50% CXL ALLSYMB; ROUTE=LIMIT; Price=Bid-0.10; Share=Pos*.5;TIF=DAY+;SELL=Send; COVER 50% CXL ALLSYMB;ROUTE=LIMIT;Price=Ask+0.10; Share=Pos*.5;TIF=DAY+;BUY=Send; Above scripts contain the rule to limit the price to no more than 10 cents above the ASK. (Ask+0.10) or 10 cents below the BID (Bid-0.10). Adjust this as necessary. ----------------------------------------- BUY a position based on 30% of your available BUYING POWER. So if your current available BP is $100,000, 30% is $30,000. ROUTE=SMRTL;Price=Ask+0.05;Price=Round2;Share=BP*0.3;TIF=DAY+;BUY=Send BUY a position based on 10% of your BUYING POWER: ROUTE=SMRTL;Price=Ask+0.05;Price=Round2;Share=BP*0.1;TIF=DAY+;BUY=Send Above scripts contain the rule to limit the price to no more than 5 cents above the ASK. (Ask+0.05). Adjust this as necessary. https://dastrader.com/docs/how-do-i-check-the-required-bp-buying-power-for-an-order/ ----------------------------- EQUALIZED RISK HOTKEYS For Long Entries and a $10 risk, stop order attached, and Target order of 1:1 CXL ALLSYMB;StopPrice=Price-0;DefShare=BP*0.925;Price=Ask-Price+0.00;SShare=10/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*1+Ask;TriggerOrder=RT:STOP STOPTYPE:RANGE LowPrice:StopPrice HighPrice:Price ACT:SELL QTY:POS TIF:DAY+ For Short Entries and a $10 risk, stop order attached, and Target order of 1:1 CXL ALLSYMB;StopPrice=Price+0;DefShare=BP*0.925;Price=Price-Bid+0.00;SShare=10/Price;Share=DefShare-SShare;DefShare=DefShare+SShare;SShare=Share;Sshare=DefShare-SShare;Share=0.5*SShare;TogSShare;ROUTE=SMRTL;Price=Bid-0.05;TIF=DAY+;SELL=Send;DefShare=200;Price=StopPrice-Bid*1;Price=Bid-Price;TriggerOrder=RT:STOP STOPTYPE:RANGE LowPrice:Price HighPrice:StopPrice ACT:BUY QTY:POS TIF:DAY+
  4. Hey fellow BBTers! For background: I'm back for a second time with BBT after a year off. I'm recently a member of the 'restructure' club after my employer has gone through some downsizing activities. I've been paper trading for 3 years with decent success and had been planning to 'retire' in July...so the downsizing doesn't hurt my feeling considering a decent severance was included. I'm taking this opportunity to turn my retirement into career #2...day trader...so I will be going live in the next week or so. I've been paper trading in TOS through TD/Schwab for 3 years. I've been considering making a switch to IBKR and using DAS. I know this is a DAS/IBKR heavy community, so I wanted to get thoughts from folks who have used both TOS and DAS in the last couple of years. I'll be trading primarily Stocks, ETFs and Futures (beginning to study Options soon also, but haven't paper traded yet). Does making the switch make sense? Or should I stick to what I'm familiar with. Any watchouts with either choice? Any other thoughts? Sincere Thanks to all! I hope to get to know y'all very soon! TraderChris
  5. Updated: 8/8/2019 @ 12:44pm (PST) Finally out of the alpha stage and releasing this to the community, I've been using it with success. Because I had to do some musical chairs with memory I made a configuration utility as the script itself is very ugly. This is more of a BETA release for this, so if anyone wants to try this out in SIM and let me know if you have any issues with the configuration sheet or the hotkeys themselves. It's based on the work started by @fjmocke here: https://forums.bearbulltraders.com/topic/469-das-calculate-shares-based-on-account-risk/ . What it is: It's a hotkey command script that can be used to dynamically alter the share total based on: Available Buying Power (capital) Stop Location (Risk) % Account Risk OR Fixed Dollar Amount The script includes purchase power protection and won't send an order that you can not afford, it does this by calculating two factors: A - Shares You Can Afford B - Shares at Risk Parameter (e.g. $25,000 account equity, 1% risk = $250 risk, $250 * a stop distance of .10 = 2500 shares) min{A,B} = 0.5(A + B - | A - B | ) But, why male models? I just told you. /Zoolander reference You'd use this to calculate your share total based on what you're willing to risk. So instead of blindly throwing 500 shares at every setup, you can dynamically alter risked amount based on the per-trade setup. I use it on my StreamDeck (will also release the icon packs soon) with modifiers of 100%, 75%, 50%, and 25%. 100% is the A-Plus setups I see, those I have HIGH confidence in. Alternatively, if a stock has a large spread or is low-float, I may only use the 25% modifier key for those. Instructions for Configuration: Go to this link: V2.1: DOWNLOAD ^^ Recommend latest DAS version of 5.4.3.0. Requires DAS version 5.2.0.34 or above (current BETA branch as of 11/19/2018) for the physical stop portion to work. If you don't use the physical stop, you don't have to worry about it. NOTE: Thoroughly test in SIM to make sure it's doing what you expect it to do. Choose: Download the ZIP file and unzip to where you want. On "Setup & Instructions" configure your settings. Account Leverage (default for DAS is 4), this is the margin your broker gives you. Some off-shores give 6. It needs to match what is configured in DAS for proper calculations. Max Account Risk %. This is the maximum percent of equity you're willing to risk on every trade (default is 1%). You can always risk lower (more on that later). % of Total Buying Power. If you don't want to calculate based on the total buying power of 100%, you can set this to a lower percentage (example: 100,000 buying power with 60% here equals $60,000 maximum position size) Route. LIMIT, MARKET, SMRTL. Default is LIMIT. Order Bid/Ask Offset. This is the offset you use when you send the price for order, e.g. "Ask + 0.05" (meaning fill me up to 5 cents above ask) Time in Force. Default: Day+ Default Shares. This is the amount of shares you want to set as the DEFAULT SHARES for all trades (e.g. when you click a Symbol and it loads, this is the share total). You can see why this is here in the technical breakdown section below. Minimum Stop Buffer. This is an offset to the stop distance. If you set this to 0.05, it'll add 5 cents to the stop distance calculation (so if your stop distance is 0.05, it'll be calculated on 0.10). Switch to the "Hotkeys" tab. Choose your preferred style. % Risk of Equity (Dynamic) or Fixed Price (e.g. $150 risk). %Equity Risk: Use the drop down to select what you want the value to be % equity. NOTE: This is a modifier AFTER your account risk maximum %. So if you have 1% account risk, and set this to 50%, your effective account risk is 0.005 --> 0.5%. $ Fixed: Use the drop down to select what you want the value to be for dollar risk. Select "long" or "short" to flip the script's direction. Click the cell that contains the start of the command (E column) and Ctrl + C (copy). Paste it into DAS. It should look like a sample command below. Instructions for Usage: First, you must have "Double Click to Trade" turned on in Chart, Right-Click --> Configure --> Settings --> Double-click to trade. Double click the chart where you want to set a mental stop (it does not place a stop order, you can always put one in after). Hit your configured hotkey. Sample Scripts: LONG: DefShare=BP*0.98; Share=DefShare*0.25* Price * 0.01; Price = Ask - Price + 0.02;SShare = Share / Price; 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 = 500; SHORT: DefShare=BP*0.98; Share=DefShare*0.25* Price * 0.01; Price = Price - Bid + 0.02;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 = 500; Technical Breakdown: DAS has basic scripting. Montage commands have access to very few read/write variables, basic operations, and only operators of addition, subtraction, division, and multiplication. To do this calculation we need additional operators (min function, and absolute function) and more memory for storage of variables. This command gets around these limitations by using user-writeable areas of memory in the program. Since DAS is written in the C++ language (from what I can tell), it's strict on what can be done in these existing memory locations. The hotkey uses the following items (plus the usual Price -- FLOAT): (Assumptions on Datatypes) DefShare -- INT (Used as a temporary variable for storage) SShare -- Unsigned INT (Behaves like an Unsigned INT in certain situations. Used as a temporary variable for storage) Share -- INT (Used as a temporary variable for storage) With the 3 INT variables, objects are moved around in memory so that we can calculate and compare with our variable limitation (be much easier if we could assign our own). To facilitate the ABS() function, we use a trick --> When a negative value is placed into an Unsigned INT it loses it's sign (thus, it becomes a POSITIVE value in memory). A more detailed technical breakdown (step by step) is located in the Configuration spreadsheet up above. Future Enhancements: If need be, I can make a step-by-step video of this entire process. I have a version that uses an AutoHotKey macro to drop a line at the stop location, I can upload that as well if people want it. ^^ Update, I discontinued this as it was too cumbersome. You had to have two sets of hotkeys for each command. I may someday revisit it if I can build out a configuration tool for it. TLDR: It does the math for you so you can risk a known amount (% or $) based on your per-trade risk position (stop distance). And yes, I'm a bit of a tech nerd. Also, longest post .. ever. Would not read again, 0/5 stars. --- KNOWN ISSUES: %Account Risk gets smaller and smaller when subsequent open positions Reason: No Equity variable, we reverse calculate equity using Buying Power. On subsequent positions, the % (e.g. 1%) calculation will be based on the available buying power and NOT the account equity. Workaround: Precalculate the %risk and use it for the $risk versions. So 1% of $25,000 equity equals $250. SSR rejection on LONG position when scaling out; rejection message (e.g. "Short marketable limit order disable due to SSR!") if using the automatic STOP trigger. Reason: DAS calculates that the position will drop below the open stop order position and reject as this can cause the position to "flip" if it was triggered. Workaround: Have a hotkey to clear the open orders (CXL ALLSYMB), clear it, scale the position (e.g. 25%). Either replace the stop or switch to a mental stop. Alternatively, you can add "CXL ALLSYMB;" to the front of the scale-out hotkeys. You just have to be cognizant to replace the stop order. Equated position size if very small (e.g. 4 or 5 shares when expected is hundreds). Reason: Wrong side was used for the order. E.g. a long hotkey is used when trying to go short. -or- Stop Distance was calculated to be a negative value (clicked too close to current price). Workaround: Be cognizant of the hotkeys used and the stop distance clicked. Clicking too close (a really tight stop) can be very dangerous if you do it inadvertently. TriggerOrder for automatic STOP placement not being sent (no stop order placed). Reason: Montage is not set to a style that doesn't allow TriggerOrder input. Styles not compatible are: Default [DAS's, if you changed it], Basic, OCO, Option, Full Fix: Use a style that is compatible, they are: Stop Order, Detail, Trigger -- I recommended using the "Stop Order" montage style. To change this, right click the montage area around where you'd enter a price and select Style --> Your Choice. --- UPDATES: 10/17/2018 - Added v.1.1 link, you'd need to use the new version to change anything. - General cleanup of the script. Added instructions for the IB issue (discussed in this thread) - NEW FEATURE: Added a new section to the Hotkeys sheet, it will now create a set up for Dynamic Scale-In hotkey commands. You'd use these by setting a scale value (say you want an additional 50% of your current position size). The hotkey will calculate the maximum share you can afford (how much you can afford at the moment) and the scale value, choosing to take the least amount. So if your current position is 1500 shares (@ $50.00) and you want to scale in at 50% your current position, it'd check if you can afford an additional 750 shares, if you can't, it'll buy the maximum you can afford. For this example, you can't afford it (if Buying Power is 100k), so it'd buy roughly $25k worth (500 shares). - CLEANUP: Cleaned up the $Dollar Risk version and removed unnecessary steps. Don't really need to replace yours if they exist, but worth noting. 10/30/2018 - Added @Michael P's suggested fixes for Excel. Configuration tool should now work in both Sheets and Excel. - NOTICE: This was a configuration tool change, no changes were made to the hotkey scripts, so no need to change any existing hotkeys. 11/19/2018 - Shortened some of the commands so we don't hit any hotkey character limit, makes them less readable, but shorter. Couldn't get them low enough to fit the montage buttons though (although removing the portions for the buying power rejection protection would likely do it). - Added a section for SELL/COVER buttons for people who just need to create those. E.g. "Sell 25% position" or "Sell 33% position". - Added @Robert H's stop suggestion. New fields on the setup page for enabling physical stops. If enabled, it'll place a MARKET or LIMIT (settings included) trigger order to go into the market once the initial order is fulfilled, these are placed at the location you double-clicked on the chart. 11/20/2018 - Added a stop-order setting to set an additional buffer for the stop price (for those that want to include or exclude the double-clicked price). - Added conditional formatting to subdue the stop settings that aren't required if you disable sending a physical stop into the market. 12/10/2018 - Added a known issues section to this post and the spreadsheet (for when a new version goes up). 12/12/2018 - Updated known issues section to include the "Montage Style" issue for TriggerOrders. 12/13/2018 - Updated to new version 1.46. Fixed a bug in the Trigger Order script which could cause it to not be interpreted by DAS's command parser on certain user settings. - Added "modifier" extra hotkeys. See instructions next to these on how to use them. - - - Set Stop to Breakeven - Long or Short - Stop Limit or Stop Market (cancels any pending orders for SYMB) - - - Set Stop to Breakeven - Bidirectional - Stop Market (cancels any pending orders for SYMB) - - - Stop - Update Price - Long or Short - Stop Limit or Stop Market (cancels pending orders, double click chart where you want stop before firing hotkey) - - - Stop - Update Price - Bidirectional - Stop Market (cancels pending orders, double click chart where you want stop before firing hotkey) - - - Stop - Update Position - Long or Short - Stop Limit or Stop Market - Replace (requires you double-click the original stop in the Orders window) - - - Stop - Update Position - Bidirectional - Stop Market Orders Only - Replace (requires you double-click the original stop in the Orders window). 8/8/2019 - New version 2.0, download the .zip file and unzip it. - Fixed an issue with some hotkey configurations that may have caused them to be inaccurate in vary rare situations. Recommend recreating your hotkeys in this new version, just to be sure. - Added Profit Target hotkeys. - Added % Scale-In Hotkeys - Added $ Risk Scale-In Hotkeys - Added Short-SSR to Long/Short dropdown for SSR hotkeys (DAS Simulator) - Added Range Order hotkeys - Added Y-Margin Scale Increase hotkey, Y-Margin Decrease, and Y-Margin Reset - Added new sheet "Example - Equity%" and "Example - $Risk" to give a more workflow outlook on what is happening. - Included a ScaleOut worksheet to manually simulate what different scale percentages / scenarios look like (instructions will be in the video). ALSO: Video is done and rendering, I think it comes in at 45minutes with 3.4gigs (4k), so it'll need to be optimized before I upload it to YouTube. Will try to do it today and will update this when done. 9/10/2019 - New version 2.1 released. Just general clean up (UI) and bug fixes. - FIXED: Issue with the Scale-In $Risk hotkeys. - FIXED: Issue with the Stop Update Price long and short hotkeys> ^^ If you use either of those, please regenerate them and replace in your DAS to avoid issues. UPDATES: The majority of this side project is completed and besides a few requests I have in with DAS developers to optimize a few things, out of any major bugs or improved scripting features, I'd say this is about done. I'll provide any edge-case support as need, but I want to move on to other BBT-community projects. So what do I have cookin' for you guys, gals, and cat? You'll see a glimpse in the video of an early prototype (buggy! I programmed that in a few hours, so bugs are expected) of a DAS calculator side program. The newer version (need to finish the UI) will incorporate a lot more in ways of tools for you, including automatically calculating changes without a hotkey intervention. It also allows you to mass-process trade log .csv files you may have exported and compile it into Excel or .CSV for import into other programs. Configuration is drag/drop friendly, so rearranging your columns is as easy as click and holding. I'm also going to shift my attention to finishing my ORB-strategy research. Right now, my datapool encompasses 15000 news article, gaplists for 2011-2019, and 1second data for stocks in that range. It's a data store of roughly 80 gigs. The idea is to test for hidden signals we may not see that can indicate a potential direction of an ORB strategy (if no rare outside influence occurs, like a terrorist attack) by leveraging a consortium of machine learning algorithms to give us a higher probability of success for each day. Depending how the research works out, the end product would likely be a probability predictor for each day. I'll share the research results with the community and may incorporate some other tests as well. VIDEO: Ok, so I may have gone down an editing rabbit hole and that took longer than expected. The videos are up, came in quite long so I chunked it down. Sorry it's a tad scattered and not one-linear cohesive unit, but I tried to mark it up as best as possible. Part 1 - Config / Math - https://youtu.be/YrRrydwGyRY Part 2 - Setup, Quick Examples, Tips - https://youtu.be/pXLlWF7T6hw Part 3 - Sim Trade Example - https://youtu.be/SO9UhJh4dTc Bonus 1 - Scale/Price Excel Calc - https://youtu.be/KTr_iJ2p0TU Bonus Tips - https://youtu.be/sNHXFMoia7A
  6. Few users asked about this in chat, posting here so everyone can see how I do my ATR chart. 1) Create a new "Daily" chart 2) Download the linked .zip file and unpack it. --> https://drive.google.com/file/d/12JJGdg_SOeQVM-avM7_N-pNbDRQfN2wz/view?usp=sharing 3) Right-click the chart you created in DAS and select "Import Settings" --> Select the "ATR-chart-setup.cst" file you unpacked in #2. 4) You may need to select the chart and zoom all the way in for the effect to work. 5) Move the chart and place it where you want it. As a side tip, you can right-click the border and choose to hide the title-bar (making it smaller). I do it like this to fix a few issues .. DAS's ATR study doesn't allow you to hide the line on a chart and a chart must have either a volume or price study. If the chart is small, it'll make all of these lines behind the study info, making it hard to read .. if you make the line color white, it'll make the study color white. So I use the Volume Study with the same color as the background placed above the ATR studies to "hide" the lines. You then just need to zoom all the way in (should stay), and you'll end up with just the Study Info in the upper corner. Screenshot:
  7. I made the switch from DAS back to thinkorswim (tos) - here are some observations that might be of help to traders who are comparing DAS to thinkorswim SIMULATOR DAS simulator is probably the best realtime sim out there. The SIM is just an account like a live account - You just switch the account to the one you want to trade in. Between SIM and live - it will feel exactly the same experience. TOS Papermoney (simulator) - the fills are really bad - it is counter intuitive - you would think that the fills would be super fast because it is a sim - but not. so I quickly switched from TOS sim to TOS live and started trading with a very small number shares - early on in my learning process. To switch from Live to Papermoney you will have to restart TOS. HOT KEYS TOS does not have elaborate hot keys like das - I made the switch - I use active trader on TOS like most TOS traders do - check out this video for the limited hotkey setup for TOS https://www.youtube.com/watch?v=WKDoAFafN78 CAMARILLA DAS has built in CAMARILLA pivots You can script CAMARILLA pivots on TOS https://usethinkscript.com/threads/camarilla-pivot-points-day-trading-system-for-thinkorswim.12988/ i have compared DAS vs TOS cams (based on the script linked above) and they match very closely for stocks - (for futures they may not - read the explanation here https://usethinkscript.com/threads/camarilla-pivot-points-day-trading-system-for-thinkorswim.12988/ ) i use tos - i have separate charts plotting cams with/without premarket data and choose the one like @thor explains in this video https://youtu.be/1O5G4rhIJRA?si=fMhtqFD2hqhc6Hdx The gist is that - look at cams w/wo premarket data before the market opens and based on alignment choose the one that fits better. LEVEL 2 DAS has really good level 2 - you can pay more and expand it to ARCA and IEX TOS level 2 is a joke compared to DAS TIME AND SALES DAS has really good T&S TOS T&S is decent - I have compared with DAS and found that DAS order flow is smoother - but TOS T&S works OK. COST DAS $150 per month min platform fee + the charges from your broker for transactions TOS FREE platform + FREE transaction fees for stocks - if you have a Schwab account - you can create a Schwab account with with very little money options cost $0.65 per contract per transaction FILLS DAS fills are considered superior than tos. TOS fills are decent from my experience - there are studies that show that TOS fills are fast. to me the fills are super fast sometimes and decent most of the time. WORKS ON A MAC DAS windows primarily - can make it work on a Mac with parallels TOS works on Mac, Windows, Linux out of the box CPU, RAM REQUIREMENTS DAS is light on cpu and ram resources - so any off the shelf windows laptop with 16G of ram will be plenty. However, if you want to connect multiple monitors or broadcast like the moderators, then you need a dedicated graphics card and more RAM. TOS is a beast when it comes to CPU and RAM usage. Get the latest CPU and as much RAM as you can afford. A MAC with a M3 chip and 24 or 36G RAM is what I would use as my TOS machine, if I were to buy one today. CHARTS & TOOLS DAS look and feel of DAS is dated - like a 20 year old windows 95 application - configuring the charts with multiple windows is a struggle and unexpected craziness can happen with your layout. But essential chart studies are available on DAS. Options trading on DAS is available but not as good as the TOS interface. DAS has limited stock scanning capability. TOS excels with charts, layout, chart studies (countless). I was able to replicate all the studies that I had on my DAS charts on TOS - most of them included with the TOS platform - others with a little bit of scripting. Link to Camarilla pivots script above. TOS also has extensive analysis tools, news and fundamentals info. also CNBC TV (with about 40 sec lag) TOS has a very sophisticated stock/options scanning interface with the ability to convert your scans into watchlists that update automatically. Overall, TOS wins.
  8. comments from BBT community: Alfredo 3/9/2023 @ 12:48 pm @Paras. It´s possible to have 2 different brokerage accounts in DAS? (IB + TDameritrade). My other question is if you know COBRA trading. Thanks trader0 3/9/2023 @ 12:50 pm @Alfredo Separate DAS apps for TDA, IB $150/mo for each Bandit 1/24/2023 12:21 pm @Paras thanks for inspiring me to move to DAS-TD and taking my coms away!! I trade the open and actually feel like I get better fills than IB, plus I've had shorts on several occasions where IB has not. So thank you:) MomoTrader 3/1/2023 3:13 pm @StephenMeowkmus @Hans I moved from DAS-IB to DAS-TD and am very happy and wish I had done it earlier. At the open, I do find a milli-second delay with DAS-TD, but not significant enough..I am a momentum trader and do quite a bit of scalping at the open..no big complaints. he zero commissions makes it really worth it. NVDA 3/1/2023 @ 3:22 pm @Hans late to this discussion but there are several studies out that show you et better fills with TD than IB. MomoTrader 3/1/2023 @ 3:33 pm @MasterChief https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4189239 MomoTrader 3/1/2023 @ 3:34 pm @Hans not arrguing against your experience..I myself felt a milli-second delay in fills with DAS-TD (vs IB), but seems the fill price seems to be better with TD per those studies.. MomoTrader 3/1/2023 @ 3:36 pm @Peter_laptop ...just to clarify, DAS is not DIRECT ACCESS Trading with IB & TD..Only Direct routing. They are Direct access with market only with native brokerrs using their API Hans Contributor 3/1/2023 @ 3:36 pm @Peter they were just showing that studies have shown that TD is better fills than IB. nobody was pushing one or the other, I have both Shelley 3/1/2023 @ 3:37 pm TD customer service is excellent. I was not impressed with IB's customer service. David76 3/2/2023 @ 11:27 am I don't think I understand how DAS is calculating trades. At the start of the morning I will position into 4 stock, but will has between 6 and 8 tickets. MomoTrader 3/2/2023 @ 11:30 am @David76 every transaction is counted as a ticket ..like if you short 500 shares and broker breaks it to two 250 share lots, thats two tickets... MomoTrader 3/2/2023 @ 11:31 am @David76 IB was notorious for such splits..and charged commission for every ticket..not seeing that too much with TD Lori S 3/3/2023 @ 3:18 pm DAS is $120 and then the data for TDA was going to be another $150 - I thought trader0 3/3/2023 @ 3:19 pm @Lori S No I have DAS-TDA - switched from DAS-IB - same cost for both trader0 3/3/2023 @ 3:18 pm @Lori S makes sense - DAS is $150 /mo for DAS-TDA and DAS-IB with TotalView, ARCA Lori S 3/3/2023 @ 3:19 pm ok so I would have the same cost, just less commissions... trader0 3/3/2023 @ 3:19 pm @Lori S yes DarkMoon 3/17/2023 @ 11:45 am I paid for both DAS-TD and DAS-IBKR for a month and ran some stats...after comms, TDA won out. Hans Contributor 3/17/2023 @ 11:39 am I strongly suggest using TD w/Das instead of IB. the fills are good now and the comm's savings is a life saver while you learn Hans Contributor 3/17/2023 @ 11:47 am @John I've had both and there is sometimes a slight delay getting filled on TD with das. There are independent tests that show better fills on TD but I don't think they are taking the delay into consideration. Your strategy many times requires very fast fills. Maybe TD isn't the best fit for you. But why not spend $150.00 on a month of Das with TD and see for yourself. If I had started with Das TD, I would have saved thousands in comms Hans Contributor 3/17/2023 @ 11:53 am @John_H a couple traders here in chat were insistent that I was wrong about TD Das because independent tests have shown best market order fills with TD. I traded them side by side and sometimes Das Td is delayed, its that simple bv 3/17/2023 @ 11:41 am TD ameritrade is not available to Canadians but TD investing is trader0 4/27/2023 @ 1:52 pm @Jamie @Korey DAS-TD - in my case it took 1 day to get marked as PDT (with number of trades that exceeded the limit) and 2 days to get the 4x margin on day and 2x on overnight - automatically trader0 4/27/2023 @ 2:02 pm https://dastrader.com/docs/supported-functions-by-das-ib-and-td-ameritrade/ here it says - ^TD acknowledgement is above a microsecond delay and so some hotkey orders may get rejected. The microsecond delay is not a problem for me even when trading ORBs
  9. Can we put this issue to bed with actual data? The general opinion is that when it comes to speed, DAS Trader Pro bests IB TWS (besides other usability issues) . Has anyone ever tested this to any level? What you need to know is that DAS with IB uses the same order pipeline as IB TWS, or so I am told by the DAS support. So speed gains, I speculate, would come from faster market data in DAS. In other words, you would see the price faster in DAS. But a real life test of IB TWS vs another platform (I dont have DAS) showed definitely an estimated 0.25 s lag of prices updating but I am not sure if that is enough for a competitive advantage/ make any difference in manual trading.
  10. So I have seen a lot of hotkey setups on here which are very cool. I plan on using one that you can set your risk and it sets 3 range orders, but it requires entering the trade via hotkey and then triggers the range orders. I was wondering how to create a hotkey that creates 4 range orders with the stop of all set as the area i click on the chart and gets loaded into price. I've tried 2 different ways but every time only one order gets sent.. I'll post both ways and if someone could help that would be great. Thanks PS. These are to cover short. Attempt 1: ROUTE=STOP;StopType=Range;LowPrice=AvgCost-0.25 ;HighPrice=price ;Share=Pos*0.25 ;TIF=DAY+;BUY=Send; ROUTE=STOP;StopType=Range;LowPrice=AvgCost-0.45 ;HighPrice=price ;Share=Pos*0.25 ;TIF=DAY+;BUY=Send ROUTE=STOP;StopType=Range;LowPrice=AvgCost-0.65 ;HighPrice=price ;Share=Pos*0.25 ;TIF=DAY+;BUY=Send ROUTE=STOP;StopType=Range;LowPrice=AvgCost-0.75 ;HighPrice=price ;Share=Pos*0.25 ;TIF=DAY+;BUY=Send Attempt 2: ROUTE=STOP;StopType=Range;LowPrice=AvgCost-0.25 ;HighPrice=price ;Share=Pos*0.25 ;TIF=DAY+;BUY=Send; TriggerOrder=RT:STOP STOPTYPE:RANGE LowPrice:AvgCost-0.45 HighPrice:Price ACT:BUY QTY:POS*0.25 TIF:DAY+; TriggerOrder=RT:STOP STOPTYPE:RANGE LowPrice:AvgCost-0.65 HighPrice:Price ACT:BUY QTY:POS*0.25 TIF:DAY+; TriggerOrder=RT:STOP STOPTYPE:RANGE LowPrice:AvgCost-0.75 HighPrice:Price ACT:BUY QTY:POS*0.25 TIF:DAY+;
  11. I just started using the DAS CMD API last week and am having some difficulties with it. The sample project that they sent doesn't even seem to work correctly. Specifically, I am trying to subscribe to the level 1 information for a given symbol and it never fires the callback handler. Right after I call socket.eventPool.Subscribe(...) I get a message in the output window stating "The event pool does not contain an entry for Lv1". After that, any calls to socket.SubscribeLevelOne(...) result in nothing happening. Personally, I think it's ridiculous that they want to charge for API access and can't even provide customers with a working sample.
  12. @KyleK29 Hi all, I have an issue regarding range orders in DAS because I noticed that when it touches your target, it automatically cancels your range order (with your stop and target) and creates a limit order for your target. Today, for the 1st time, my target was touched to the penny so the range order was cancelled and my limit order was not filled. Then the stock tanked against me and I could have lost much more than intended if I did not come back to watch my screen. Did anybody experience that before ? Is there a way to cope with that if I have to leave my computer for a while and set range orders ? Thanks a lot for your answers. PS : @KyleK29, I tagged you after asking in the chat ; and Bryan W told me you would be the person to ask that question !
  13. Summary: To remove all trend lines, you may delete the GlobalTrendline.dat file from the DASTrader Pro folder I recently ran into an issue with DAS Trader Pro where anytime I went to insert a Global Trend Line an error message popped up stating that I had "exceeded" the number of Global Trend Lines allowed. After attempting to remove the lines myself without success, I contacted DAS Support for further advice. The result, all Global Trend Lines can be deleted by opening up your computer's DASTrader Pro folder (downloaded onto the computer from the initial download) and deleting the GlobalTrendline.dat file. Then, simply relaunch DAS and you'll be able to place new trend lines! Hope this helps someone else! Joe
  14. User @Misjo asked in chat this morning how to do this. So here's a quick video, posting here to add to the shared knowledge base. Question was: How to set an order so that if the price of a stock broke above an upper range limit that it'd go long and if it broke below a lower range limit it'd go short. Added that if one triggers, it cancels the other. Set Upper Range as: - Stop Order, Price is the "Up to" portion of the order (e.g. fill me up to this amount. Can also be a StopType: Market to not worry about this). - Trigger Price: The price at which you want this order to fire. - Hit "Long" button. Set Lower Range as: - Stop Order, Price the "Down to" portion of the order (e.g. fill me down to this amount, can also use a Stop Type: Market) - Trigger Price: The price at which you want this order to fire. - Hit "Short" button. Once range is set, open Open Orders window (Trades > Open Orders) and right-click one of the pending orders, select "Trigger Order" and then when the Triggers window pops up, hit the tab "Cancel Order." On the that tab, select the corresponding order you want to cancel (if we are doing the LONG portion, we'd have the option to select the SHORT portion). Do the same for the other Open Order. VIDEO: As always, enjoy my lovely "has this guy hit puberty yet" sounding voice below. Any questions, just post here.
  15. Saw a question on this in chat this morning, figured I'd whip together a quick guide to help new users switching from Mac OS to Windows 10. There's a ton of methods to backup the DAS Trader Pro folder, but I'll highlight two real quick. MANUAL METHOD: Backup: Find the DAS Trader Pro install (default: C:\DAS Trader Pro\ ) Right-click the DAS Trader Pro folder --> Send-to --> Compressed Zip (Windows may complain about permissions and wish to place it on the Desktop, choose OK). The zip will either bin in C:\ root or on your desktop. Rename and move the .zip to where you want it to be (I use the date and version for mine, like DAS_20201030_5.5.2.3.zip) Restore: Rename your current DAS Trader Pro (if it's there) to something like DAS Trader Pro-bak. Create a new DAS Trader Pro folder (Right-click "New Folder"). Unzip the backed up copy into the this folder. Alternatively, you can just unzip directly into an existing DAS Trader Pro folder and choose to allow overwriting when Windows prompts you. Run DAS. AUTOMATED METHOD: ** Note: This guide was made on the Windows 10 October 2020 update, so menus may differ slightly from your version. Start Menu --> Type in: "Settings" --> Click Settings. In Settings Search Box --> Type: "Backup" --> Select Backup Settings. On Backup Settings page --> Select "+ Add Drive" and select the location where you want to store these backups. For this example, we'll just choose my drive. Windows 10 will sometimes not refresh the Backup Settings page after selecting a drive, navigate away, and then back to Backup Settings and you should see "Automatically back up my files" are selected. Click "More Options" On the Backup Options screen, adjust how often to backup with "Back up my files [dropdown]" (top red circle), "Keep My Backups [dropdown]" (middle red circle) Select the "Add a Folder" button (Bottom red circle) In the Select Folder dialog window, browse to the DAS Trader Pro folder and hit "Choose this folder" button. Done .. Windows will now backup changes to your files automatically on the configured timeframe.
  16. @KyleK29 Thanks for this awesome hotkeys. Do you know where I can find Thor;s Free Roll hotkey. Thanks!
  17. Hi all, I just joined the Bear Bull Trader's community. Question on the L2 montage: I am trying to configure the L2 montage to show single book levels based on price. (without ECNs) However, I realized that while this can be done in the "Inet" book, I am not able to do so on the "montage" book which includes also Arcabook, IEX, etc. Is there a way around this? I am finding it difficult to read the multiple levels of L2 and and trying to save some space on my screen.
  18. I'm using BBT sim account and got "route disable" error this morning. Anyone have had similar issue?
  19. Hi, I'm brand new to using DAS, but have spent a lot of time using TradingView. One thing I have setup on my TradingView chart is auto drawing of lines on the high and low of the first 1 min candle (it also shows profit targets based off the opening range, but this feature isn't really necessary). I really like seeing the 1 min opening range on my chart as it helps me clearly identify 1 min ORBs. In the screen shot you can see what it looks like on my TradingView chart. The first candle on the left is the first minute. Is it possible to set this up in DAS? Thanks!
  20. Many of you might have already heard of the fantastic DAS Dynamic Hotkey (aka Kyle's Hotkeys), which allows you to place trades setting by fixed dollar amount or percentage you want to risk on each trade. These dynamic scripts take a lot of work of your hands and allow the DAS Trader Pro platform to do all the thinking and calculating for you. Saving you time and allowing you to focus on the actual trade, which is far more critical. Kyle is kind enough to host a Success Webinar for us on Wednesday, March 4th at 8:00 pm. The webinar will structure in two parts, the first session will breakdown the latest dynamic hotkeys, how they work, and the expected action. Part two will be a Q&A in regards to these hotkeys. To better prepare, we asked that you post questions you might already have about these hotkeys below so that Kyle can review before his webinar. Thanks! PS: If you are not yet aware of Kyle's hotkeys, below is the post link. https://forums.bearbulltraders.com/topic/716-das-dynamically-calculate-shares-on-risk-or-risk-hot-key-configuration-updated-91019-v21/
  21. Does anyone know how to enable Order Line Movement so that I drag the price line on chart to change the order price?
  22. Have you guys noticed that the #ES and #NQ data feed is now delayed by 10 mins in DAS? This means that this data is now completely useless for day trading. Has anyone else complained to DAS about this?
  23. As many of you know, DAS Trader has released a very important learning tool, especially for those who cannot trade in real time during market hours. The new tool "replays" the price action of any stock, so traders can now practice their chart reading skills anytime that’s convenient. Like in real time, you can use your hotkeys, levels, and other indicators to improve your trading performance. If you would like to know more, watch these videos on our YouTube channel here. How much does it cost? This add-on feature costs $15 per month, but is included free of charge to all BBT traders who purchase their DEMO simulator from the BBT website ($300 for a three month simulator account). This is another great benefit of membership with BBT: the simulator is now $100 per month with the three month package versus the regular $165 per month ($150+$15). If you are already a BBT sim user you can download latest DAS Sim (production) with market Replay or beta version 5.4.6.0 here. If you have questions about this feature please read this forum post. For traders who already have a live account, this feature is only available to customers of Interactive Brokers (IBCO) and, as explained above, costs $15 per month. If you are already using DAS for your IB account, please go to the DAS Trader website and select the Add-on Fundamental Data/Market Replay Level 1 package for it here. Unfortunately, this feature is not currently available for other broker dealers (such as CMEG, CenterPoint, Speedtrader, etc.). Also, Level 2 replay is not yet ready, but we have requested this additional feature from DAS Trader. We hope they implement this feature as soon as possible, since we know reading Level 2 can provide great trading and scalping opportunities for active traders. If you try the new replay tool and enjoy it, please feel welcome to send DAS Trader a thank-you note or give them a shout out on social media. They have been a great technology provider for active traders for decades, and we look forward to using their future innovations to further benefit our trading performance.
  24. So I wrote to DAS Trader support asking if they know how to use the Replay feature or DataStream mode. They told me it won't work for Interactive Broker users ? Im confused as Andrew and moderators said in the chatroom we have the feature? Or am I mixing things up. Does somebody know? Here is the conversation screen shot:
  25. If you encounter a situation where when you try to add a new hotkey, DAS does not save any more new hotkeys, here is what you need to do. I learned this by contacting DAS help chat. The option 1) solved the issue in my case.
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