Travis Weirich 4 Posted June 17, 2020 (edited) Good morning Team, How would I modify the Kyle hotkey to set a limit entry order at a set price as well as set a stop loss price and have the algorithm calculate the number of shares like it does now. For example, current price is at $49.97 and I want to enter a position at $50.07 and a stop loss at $49.53. Right now the Kyle hot key would set the stop loss at $50.07 but enter the position at a marketable limit, however, I want to set that exact limit trigger entry price to enter the position as well as set the exact stop loss price then let the hot key calculate the shares exactly as it does now. I would appreciate anyone's feedback if you have accomplished this or Kyle would consider developing it if there is enough interest. Sincerely, Travis Weirich Edited June 17, 2020 by Travis Weirich error 2 Share this post Link to post Share on other sites
Justin 262 Posted June 17, 2020 Hey @Travis Weirich, in order to do it with Kyle's hotkey we would need to split the hotkey in two. One hotkey to record where you want the stop loss, and then one key to record where you want your entry. In order for the math to calculate how many shares you need based on your margin/risk profile, we need those two points. In the current hotkey we only need to click once, because the second point is automatically given to use by being the current price. I have some interest myself in this... I'll have a crack and get back to you! 1 Share this post Link to post Share on other sites
Travis Weirich 4 Posted June 17, 2020 (edited) Justin, Thank you, I really appreciate it. Yes, you are correct it needs two inputs: 1. the limit entry price and 2. the stop loss making it a bit more complicated than the current hotkey. I look forward to your feedback. Travis Weirich Edited June 17, 2020 by Travis Weirich grammar error 1 Share this post Link to post Share on other sites
JenniferL 27 Posted June 18, 2020 Thanks for posting this. I have had the same question myself. I look forward to hearing if there is a solution. Share this post Link to post Share on other sites
WindssKat 2 Posted July 1, 2020 I too look forward for this. It will be a very useful. Thanks team Share this post Link to post Share on other sites
Ryan Wilson 2 Posted July 7, 2020 I tried something similar... I wanted to put in a STOP LIMIT order like you mentioned (click on Price --> Hotkey --> Place STOP LIMIT at Price) with a certain percentage of my buying power (10% maybe 25%). That part is easy... the trick was to create a TRIGGER ORDER that would be placed with the STOP LIMIT order is filled. I wanted to TRIGGER ORDER to be a STOP LOSS at my AVGCOST - ($ Risk / POS). I can't get that to work either as my variables don't seem to carry through into the TRIGGER ORDER... Share this post Link to post Share on other sites
Justin 262 Posted July 8, 2020 @Ryan Wilson @WindssKat @JenniferL @Travis Weirich Might have an unexpected surprise related to this one... Stay tuned! 1 Share this post Link to post Share on other sites
Ryan Wilson 2 Posted July 8, 2020 @Justin - Awesome!! Share this post Link to post Share on other sites
Travis Weirich 4 Posted July 8, 2020 I eagerly await Justin! Thank you. Share this post Link to post Share on other sites
ericfelg 0 Posted August 15, 2020 hey everyone, how do you guys set up a STOP range based on a percentage of the AvgCost or price? DAS seems to expect only a price + cents but doesn't allow price * 0.98 this sounds weird to me we can't do this kind of things to generalize a stop order hotkey... thank you for your help! Share this post Link to post Share on other sites
