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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.
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: