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mmoura

Hotkeys to partial and close positions

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I have 6 hotkeys to partial or close my positions at 25%BP; 50%BP and 100%BP. Three hotkeys for covering and 3 for selling.

I use variations of the 2 scripts below.

ROUTE=SMRTL;Share=Pos*0.5;Price=Bid-.10;TIF=DAY+;SELL=Send

ROUTE=SMRTL;Share=Pos*0.5;Price=Ask+0.10;TIF=DAY+;BUY=Send

Because I made a couple of bad mistakes, pushed the wrong hotkeys, I am considering the script below which works both short and long sides. The issue is that it works only for Market orders. Is that a bad trade off to give up the limited  (Price +/- Ask/Bid) for Market orders? is this a high cost in practice?

Route=Market;Share=POS*.25;Send=Reverse

 

Thank you

 

 

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