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Hi All I'm having some issues with my DAS scripts. I have two scripts which given a current position and stop loss, sells/covers 50% of my position and sets a new stop loss. However there are times when the script will sell//]cover my position, but sometimes fail to set a new stop loss. This doesn't happen during replay mode, but will occasionally happen when I trade live using the simulated account. Can someone tell me how to prevent this from happening? The scripts are detailed below. Thanks Sell Percentage and move to Break Even CXL ALLSYMB;ROUTE=LIMIT;Price=BID-0.05;Price=Round2;Share=Pos*.5;TIF=DAY+;SELL=Send;ROUTE=STOP;StopType=Market;StopPrice=AvgCost;Share=Pos;TIF=GTC;SELL=SEND Cover Percentage and move to Break Even CXL ALLSYMB;ROUTE=LIMIT;Price=ASK+0.05;Price=Round2;Share=Pos*.5;TIF=DAY+;BUY=Send;ROUTE=STOP;StopType=Market;StopPrice=AvgCost;Share=Pos;TIF=GTC;BUY=SEND
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Interactive Broker TWS setups, hotkeys and subscriptions
Paul aka Aurbano posted a topic in Bear Bull Traders - Members Only!
Hi guys, I've been working on a nice dark setup that works for me on InteractiveBrokers TWS platform including : 3 monitors for active trading ( screenshot and XML attached below ) 1 monitor for watchlist + spy + scanner + portfolio Tons of Hotkeys ! And I 've been working heavily to setup hotkeys using Andrews' methodology : Buy long at the Ask + 0.03 Sell short at the Bid - 0.03 I implemented this on IB TWS using a similar approach but using : Buy long at the Ask with limit buy + 0.03 Sell short at the Bid with limit sell - 0.03 (check the screenshots below ) Here are the main hotkeys : (screenshot and XML attached below) New orders generators : Ctrl + [ 1 .... 0 ] : LMT buy at ask limit + 0.03 >> from 100 shares to 1.000 shares Shift + [ 1 .... 0 ] : LMT sell at bid limit - 0.03 >> from 100 shares to 1.000 shares Orders general management : Ctrl + Q : cancel all orders and close full position at market price but you can exit position using the opposite order ( Buy for Shorting and Sell for Longing ) Ctrl + C : cancel all active or pending orders for active chart Ctrl + U : partial placement every X cents with Y exits Ctrl + Enter : submit / transmit / update changes Tab : Select next order (inside chart) Order price changes : Ctrl + Home : move 0.02 up the limit price of the selected order Ctrl + End :move 0.02 down the limit price of the selected order Order size changes : Ctrl + RePag : add 100 shares to the current selected order size Shift + RePag : add 20 shares to the current selected order size Ctrl + AvPag : substract 100 shares to current selected order size Shift + AvPag : substract 20 shares to current selected order size If you have NO position opened yet Right clic on chart + Buy : enter long with $11.000 (default position) at the price selected on the chart after second clic (LMT order) Right clic on chart + Sell : enter short with $11.000 (default position) at the price selected on the chart after second clic (LMT order) Ctrl + S : Stop sell with $11.000 position for a short position at the selected price below current price (if placed above current price will sell inmediately) Ctrl + B : Stop buy with $11.000 position for a long position at the selected price above current price (if placed below current price will sell inmediately) If you have a position already opened Right clic on chart + Buy : close short position with LMT order at the selected price on chart Right clic on chart + Sell : close long position with LMT order at the selected price on chart Ctrl + S : Stop Loss to close a long position at the selected price on chart (whole position) Shift + S : Stop Loss Limit ($0.10 range) to close a long position at the selected price on chart during premarket (whole position) Ctrl + B : Stop Loss to close a short position at the selected price on chart (whole position) Shift + B : Stop Loss Limit ($0.10 range) to close a short position at the selected price on chart during premarket (whole position) New AutoHotKeys Script : ** F4 : Histogram / Volume by price indicator F5 : Refresh chart information F6 : Draw an horizontal line F7 : Remove all the drawings and personal annotation from the chart F8 : Draw fibonacci lines F9 : (De)activate Chart Trader F10 : (De)activate Chart Trader on smaller charts (yes menús are different) F11 : (Un)show completed trades marks F12 : Show window name Youtube video (7m) with fast explanation and examples (spanish with subtitles) : https://youtu.be/1gflAufNMxI Youtube video (1h20m) for the spanish community in BBT (with subtitles) : https://youtu.be/DOSHys3WoRk To access chart hotkey setup : File menu > Global configuration > Charts > ChartTrader > Hotkeys To download this hotkeys and layout : Download the text file attached : tws.txt Change the extension to XML File menu > Layout / Settings Recovery > Custom > Select file Do not forget to save your current setup before for roll back if needed ** AutoHotKey is a Windows Software that provide a simple macro script language to write down any kind of macro process that can be done over and over again. This software is 100% free and independent from TWS, however I managed a way to use a script that will only activate the above function keys on TWS windows. The function will be launched in the window which is inmediately under the mouse pointer, so be sure that the mouse is where it should be if you don't want any other function on TWS to be launched. This Script is very straight foreward and it has some comments inside to let you know what can be done with the keys and menu functions. I personally hated using the context menu or the main manu of the chart and click 3 times just to draw a simple horizontal line, but TWS has no support to many many basic commonly used tasks AND I DECIDED TO WRITE MY OWN 😉 To add on top of it the new AutoHotKey Script : Download and install AutoHotKey 1.33 software from : https://www.autohotkey.com/ Download the Custom Script file for TWS at the end of this post : TWS-AutoHotKeys.txt Open it with some text editor like WordPad, Notepad or SublimeText and check line 30 to add you own TWS Account Number Change the extension to AHK After launching TWS on your Windows PC, double click on the Script icon (which I personally store in the desktop). Last updates : Oct, 25th 2024 - Added two YouTube videos with examples (in Spanish with subtitles) Aug, 29th 2020 - Fixed AutoHotKey macro script to avoid using the macros outside TWS Aug, 28th 2020 - Added base subscriptions screenshot for L1 or SIM Aug, 27th 2020 - Added new Setup file with hotkeys fix If you wanna add option chanin information activate this options detailed here : tws_2020ago.txt TWS-AutoHotKeyScript.txt -
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
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DAS Hotkey to get the montage window in focus
onlyjava posted a topic in DAS Trader Pro Tips and Tricks
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. -
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+
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Defined Risk Hotkeys for multiple range orders
Day-Meister posted a topic in DAS Trader Pro Tips and Tricks
I have been working today on 2 hotkeys for myself. The script(s) uses the defined R/R script from previous Kyles hotkeys. It performs the following: Cancels any previous orders for the symbol Enters the trade, ensuring total shares bought is equally divisible by 4 (rounded down); this prevents having extra shares hanging around after the range trades complete or stop out. Creates a range order at your stop level for 1/4 of your initial shares bought with a profit level of 2R Creates a range order at your stop level for 1/4 of your initial shares bought with a profit level of 3R Creates a range order at your stop level for 1/4 of your initial shares bought with a profit level of 4R Creates a single order at your stop for the remaining 1/4 shares; This allows you to ride the last 1/4 to whatever level you want before exiting As with Kyles hot key scripts, you double click your chart at the level you want to place your stop then press your button or hot key The Script for the long entry CXL ALLSYMB; StopPrice=Price-0.01;DefShare=BP*0.5;Share=DefShare*0.333*Price*0.01;Price=Ask-Price+0.01;SShare=Share/Price;Share=DefShare-SShare;DefShare=DefShare+SShare;SShare=Share;Sshare=DefShare-SShare;Share=0.5*SShare;Share=Share/4;Share=Share*4;TogSShare;ROUTE=SMRTL;Price= Ask+0.05;TIF=DAY+;BUY=Send;DefShare=1000;Price=Ask-StopPrice*2+Ask;TriggerOrder=RT:STOP STOPTYPE:RANGE LowPrice:StopPrice HighPrice:Price ACT:SELL QTY:POS*.25 TIF:DAY+;Price=Ask-StopPrice*3+Ask;TriggerOrder=RT:STOP STOPTYPE:RANGE LowPrice:StopPrice HighPrice:Price ACT:SELL QTY:POS*.25 TIF:DAY+;Price=Ask-StopPrice*4+Ask;TriggerOrder=RT:STOP STOPTYPE:RANGE LowPrice:StopPrice HighPrice:Price ACT:SELL QTY:POS*.25 TIF:DAY+;TriggerOrder=RT:STOP STOPTYPE:MARKET PX:StopPrice-0.3 ACT:SELL STOPPRICE:StopPrice QTY:Pos*.25 TIF:DAY+; and the Short CXL ALLSYMB; StopPrice=Price+0.01;DefShare=BP*0.5;Share=DefShare*0.333*Price*0.01;Price=Price-Bid+0.01;SShare=Share/Price;Share=DefShare-SShare;DefShare=DefShare+SShare;SShare=Share;Sshare=DefShare-SShare;Share=0.5*SShare;Share=Share/4;Share=Share*4;TogSShare;ROUTE=SMRTL;Price= bid-0.05;TIF=DAY+;SELL=Send;DefShare=1000;Price=StopPrice-Bid*2;Price=Bid-Price;TriggerOrder=RT:STOP STOPTYPE:RANGE LowPrice:Price HighPrice:StopPrice ACT:BUY QTY:POS*.25 TIF:DAY+;Price=StopPrice-Bid*3;Price=Bid-Price;TriggerOrder=RT:STOP STOPTYPE:RANGE LowPrice:Price HighPrice:StopPrice ACT:BUY QTY:POS*.25 TIF:DAY+;Price=StopPrice-Bid*4;Price=Bid-Price;TriggerOrder=RT:STOP STOPTYPE:RANGE LowPrice:Price HighPrice:StopPrice ACT:BUY QTY:POS*.25 TIF:DAY+;TriggerOrder=RT:STOP STOPTYPE:MARKET PX:StopPrice+0.3 ACT:BUY STOPPRICE:StopPrice QTY:Pos*.25 TIF:DAY+; Long $50 Risk CXL ALLSYMB; StopPrice=Price-0.01;DefShare=BP*0.5;Price=Ask-Price+0.01;SShare=50/Price;Share=DefShare-SShare;DefShare=DefShare+SShare;SShare=Share;Sshare=DefShare-SShare;Share=0.5*SShare;Share=Share/4;Share=Share*4;TogSShare;ROUTE=SMRTL;Price= Ask+0.05;TIF=DAY+;BUY=Send;DefShare=1000;Price=Ask-StopPrice*2+Ask;TriggerOrder=RT:STOP STOPTYPE:RANGE LowPrice:StopPrice HighPrice:Price ACT:SELL QTY:POS*.25 TIF:DAY+;Price=Ask-StopPrice*3+Ask;TriggerOrder=RT:STOP STOPTYPE:RANGE LowPrice:StopPrice HighPrice:Price ACT:SELL QTY:POS*.25 TIF:DAY+;Price=Ask-StopPrice*4+Ask;TriggerOrder=RT:STOP STOPTYPE:RANGE LowPrice:StopPrice HighPrice:Price ACT:SELL QTY:POS*.25 TIF:DAY+;TriggerOrder=RT:STOP STOPTYPE:MARKET PX:StopPrice-0.3 ACT:SELL STOPPRICE:StopPrice QTY:Pos*.25 TIF:DAY+; Short $50 Risk CXL ALLSYMB; StopPrice=Price+0.01;DefShare=BP*0.5;Price=Price-Bid+0.01;SShare=50/Price;Share=DefShare-SShare;DefShare=DefShare+SShare;SShare=Share;Sshare=DefShare-SShare;Share=0.5*SShare;Share=Share/4;Share=Share*4;TogSShare;ROUTE=SMRTL;Price= bid-0.05;TIF=DAY+;SELL=Send;DefShare=1000;Price=StopPrice-Bid*2;Price=Bid-Price;TriggerOrder=RT:STOP STOPTYPE:RANGE LowPrice:Price HighPrice:StopPrice ACT:BUY QTY:POS*.25 TIF:DAY+;Price=StopPrice-Bid*3;Price=Bid-Price;TriggerOrder=RT:STOP STOPTYPE:RANGE LowPrice:Price HighPrice:StopPrice ACT:BUY QTY:POS*.25 TIF:DAY+;Price=StopPrice-Bid*4;Price=Bid-Price;TriggerOrder=RT:STOP STOPTYPE:RANGE LowPrice:Price HighPrice:StopPrice ACT:BUY QTY:POS*.25 TIF:DAY+;TriggerOrder=RT:STOP STOPTYPE:MARKET PX:StopPrice+0.3 ACT:BUY STOPPRICE:StopPrice QTY:Pos*.25 TIF:DAY+; Everything prior to defshare=1000 in each script is completely from the original Risk/Reward Hotkeys except the bit of code that ensures the number of shares is equally divisible by 4. Feel free to give them a try and let me know if there are any issues.- 47 replies
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- range orders
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Hotkey - fixed number of shares - automatic stop loss
WearyBear posted a topic in DAS Trader Pro Tips and Tricks
Hi everyone, I've been searching the forum for a while today, and am a bit overwhelmed by how much content there is, regarding hotkeys. I'm not sure if I have used the best search terms, but so far I have not been able to find what I was hoping to find. Here's what I'd like to be able to do: Double click on the chart in DAS, to select the appropriate stop loss level Press a hotkey to enter (long or short) with a fixed number of shares The hotkey will place the long / short order and the stop loss order I believe this (in theory) is pretty similar to hotkeys I've used before, where I specify a stop loss level to lock in a fixed technical risk, and adjust my position size accordingly, except I want this to use a fixed number of shares and a user specified stop loss level. Does such a script already exist? -
Buy and Stoploss hotkeys for Options trading in DAS
Kalyanjianand posted a topic in Bear Bull Traders - Members Only!
Hi, I am trading options in DAS Trader pro. Could anyone please share me the hotkey script to place stoploss for option buying? -
Hello, I have been trying to use the hotkeys from the BBT spreadsheet but I am not getting expected results. Example with the following hotkey for 100$ risk StopPrice=Price-0.01;DefShare=BP*0.97;Price=Ask-Price+0.01;SShare=100/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=100;TriggerOrder=RT:STOP STOPTYPE:MARKET PX:StopPrice-0.3 ACT:SELL STOPPRICE:StopPrice QTY:Pos TIF:DAY; When trying to execute the above the stop type box comes with "Limit" instead of MARKET. Does it mean the stop is set with Limit at value display in Trigger Price instead to stop at market price?
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I can't find anyone complaining about this issue, but I certainly am (to CMEG). According to the Das user manual, TIF Day is for market hours only while DAY+ covers market plus extended trading hours (i.e., premarket and after hours). That is both logical and how every broker I've ever used applied TIF. But CMEG applies Das TIF as such: Day for premarket and market, Day+ for after hours. That is illogical and wrong. It means needing a duplicate set of hotkeys depending on when you're trading. (What's more, I don't even think CMEG's description of how their TIF works is correct; I use Day+ during regular market hours all the time...and am almost certain I've had to switch to Day to close out a trade AH...it's almost as if they've got the TIFs backwards). Anyway, I'm trying to get CMEG to contact Das and fix this problem. Just wanted to let anyone else know who's as frustrated as I.
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Hey guys, been trying to wrap my head around this for ages. Essentially trying to fine-tune Kyle's equalized risk hotkeys to my own strategy/behaviour. Kyle's hotkeys are market orders, I am trying to change this to work as a limit order for going short/long. 1. Trying to basically sit on the bid (-0.05) so I can drag the order below if the market continues its downtrend. 2. Once order is executed, it will be of say 100$ risk, the share size will be determined by the stop which is 20 cents below the order entry. Reverse for going short ^ Hope someone has an idea on how to create this! Would be greatly appreciated.
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Hot keys for defining capital(BP), Stop loss and target profit
tradingmama posted a topic in Day Trading Hardware, Software and Tools
Hi, I'm a new memeber here. I'm trying to start small and not complicate with partials and share size. I'm comfortable trading by defining how much capital i want to use per trade, stop loss and profit target. I'm planning to start with a small capital and I don't want to spend time calculating how many shares I could buy. I tried the current risk based hotkeys. I understand It's a great tool but I feel like i'm still not at that point in my trading journey. Does anyone have/know hot keys where I can say ok use 3000 USD to buy me this share and set the stop loss at x.yz and take profit when it hits y.xz. I really liked the hot key where you could double click for your stop loss and it calculates how many shares you could buy. Only problem I have is I want to define my capital/BP. Even in simulator, I don't want to use all I have, I want to see what happens when I use only 10k because that's all I will be able to use when I go live. Thanks in advance. -
Question: Is there a Hotkey script that automatically sets a stoploss at the VWAP or another moving average? Even better if it continues to track it?
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Hotkey for maximising share size while controlling avg cost?
Elliot C posted a topic in Day Trading Hardware, Software and Tools
Hello, I recently found the equalised risk hotkeys on YouTube and they've been really helpful with maximising opportunities while managing risk. I was wondering if anyone had a script for adding to positions while managing avg share cost in a similar way? Put simply, I need a hotkey that tells DAS to buy as many shares as possible without bringing the avg share cost past my desired price. If anyone could help I'd be very grateful, equalising risk has already been a game-changer 🙂 -
Hey All! I am struggling to decide what hotkeys to use. Based on the info provided in the education center, I am assuming most people use Kyle's hotkey scripts. I would love to find out if this is accurate or if there are some who use other hotkey scripts. So let me know what you're using! Thanks! Elisabeth Price
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Hi guys, i'm new to the stock market and just wanna ask something regarding the hotkeys, i've went through the hotkeys file that kyle made and know there is a hotkey that is 1 to 2 risk reward be it long or short. But is there a way to modify the command such that i just want it to auto calculate the amount of shares i can buy based on the pre set amount, let's say $20, also on the stop loss i've made and my buying capital. As sometimes different stocks cost differently, the amount of shares is different and also sometimes when the preset shares is based on $20 but my buying power could not afford so many shares. So it'll be great if there is a hotkey that could set based on, stoploss, buying capital and also the preset amount. And also I do not want to set the take profit part as i dont want to clear all my shares in 1 go because sometimes the stocks could go way further than 1: 2. Thanks in advance!!
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Below is my hotkey script that does two things: 1. Executes a long buy order for 100 shares using a marketable limit order 2. Once above order executes, triggers a stop loss to be created at a distance of $0.10 below the average price CXL ALLSYMB;ROUTE=SMRTL;Share=100;Price=Ask+0.03;TIF=DAY+;Buy=Send; TriggerOrder=RT:STOP STOPTYPE:MARKET STOPPRICE:AvgCost2-0.10 PX:AvgCost2-0.10 ACT:SELL QTY:POS TIF:DAY+ This works totally fine for stocks that don't jump around much and have a smaller bid-ask spread (1-2 cents). The $0.10 stop loss distance is good enough This does not work for low priced stocks - $0.10 stop distance is too large This does not work for high priced stocks (e.g. TSLA. NVDA) that jump around quite a lot and have a larger bid-ask spread. The $0.10 stop distance is way too tight and i get stopped out right after the buy order is placed. How do you scale the stop distance automatically in the script based on the stock price, ATR and bid-ask spread instead of hard-coding a fixed value? Do you use a % of the stock price to set the stop distance? What has worked for you all? New to DAS and thanks in advance for the support!
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Hey guys, new here and hoping to get some advice I can't seem to find on the feed. Does anyone use a PS4 controller for hotkeys? Do you recommend a stream deck? Thanks!!
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I am looking for a TriggerOrder, i want this to be first order doubles my position and i got that to work now the follow up: TriggerOrder=RT:STOP STOPTYPE:LIMIT PX:StopPrice-0.12 ACT:SELL STOPPRICE:AvgCost-25/Pos QTY:Pos TIF:DAY+; I suspect i can't do AvgCost -25/Pos all in one math equation? I'm not proficient enough with the writing of TriggerOrders to reverse engineer my solution. Do I have to set a variable for my $25/Pos to then set another variable as average cost to then get to STOPPRICE: varible A - varible B? Ultimately my goal is double my position and then set a new stoploss at a dollar risk below average cost, but also would like to know a little more of how the triggerorder scripts work/ written.
- 11 replies
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- risk management
- hotkey
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Cover and Selling Hotkeys not working!
bibekpillai posted a topic in Bear Bull Traders - Members Only!
I recently came across an issue with covering and selling hotkeys. When I try to sell or buy a position during intraday trading, the order does not go through most of the time. I am a beginner (on DAS Simulator) and am trying to figure out why this may be a problem. I have posted my hotkey formulas below for you to check out. Let me know if there is an issue with them or if it is possible it could be another problem. Thank you. SELL 25% - ROUTE=LIMIT;Share=Pos*0.25;TIF=DAY+;Price=Ask+0.05;SELL=Send; SELL 100% - ROUTE=LIMIT;Share=Pos;TIF=DAY+;Price=Ask+0.05;SELL=Send; COVER 25% - ROUTE=LIMIT;Price=Bid-0.05;Share=Pos*0.25;TIF=DAY+;BUY=Send; COVER 100% - ROUTE=LIMIT;Price=Bid-0.05;Share=Pos;TIF=DAY+;BUY=Send; -
Hello all, I've reviewed all of the relevant comments and replies regarding the SSR hot key and I'm not certain what is or is not the correct answer. I do know that the SSR Hotkey in the Beta_V2.1.xlsx as follows does not work. DefShare=BP*0.97;Price=Price-Bid+0.01;SShare=40/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; This is the error popup in DAS. Does anyone see the issue in the above script? My desired script would include a stop. Thanks all, Tony
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Hello BBT members. Starting today the hotkey i create on my desktop stopped working. In fact, i do not know what it does anymore. I copied and pasted the hotkey by william ( The hotkey ) It goes long and short but it does not send the stop-loss order. I am on simulator. I would appreciate if someone can help me with this. Thank you, hamid
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Click Chart Price Limit Order Hotkey
Phil posted a topic in Day Trading Hardware, Software and Tools
Hi All, I'm making this post seeking assistance with a specific hotkey script that I'm having trouble making. It's a rather simple concept, but despite having it clearly defined in my mind, I am having a hard time finding the resources to execute it. So, here goes... The simple function that I am looking for (in a single hotkey) is this - I would like to: 1.) Be able to select a limit order price by clicking on the chart (and would like it to be ask + 0.05 for long positions, or bid -0.05 for short positions). 2.) Execute the order at a specific share size defined by the quantity related hotkey that is pressed after purchase price is selected by clicking. 3.) Automatically set a stop loss at -$150 for any quantity share size chosen. If anyone is able to help with this, or share their similar hotkey script, I would be extremely grateful! Thanks! - Phil -
Hello, Can someone help me out with this Hotkey issue? I'm trying to setup hotkeys, but for some reason nothing pops up on the screen. I've tried uninstalling/reinstalling the program, but still the same issue. Have anyone encountered the same problem in the past?
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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/
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