Hotkey for horizontal line at 2R, 3R, etc.

[mahamuni 5]

Hi,

In Das, can a hot key be setup so that it puts a horizontal line at 2R, 3R etc?  If not does anyone know how to script for it?

 

Thanks

Munish

[Justin 264]

Unfortunately we can't script prices into horizontal lines.... Wouldn't that be nice 😛

There is a workaround with the Fibonacci Line tool.

To set it up:

- Set a hotkey to place a Fib line (script = FibonacciLine)

- Press the hotkey and draw a line anywhere on your chart.

- Right click on the vertical line and select Config.

- Chang the line settings to match this:

- Now, when you enter a position and have a stop loss. You simply hit the Fib hotkey, and click and drag down from your entry to your stop.

- You will then have nice price targets on your chart that will look like this:

As you can see, I'm embarrassingly partialed in my trade too soon! 🤣

Edited June 29, 2020 by Justin

[hailchaser2 185]

On 6/29/2020 at 5:07 PM, Justin said:

Unfortunately we can't script prices into horizontal lines.... Wouldn't that be nice 😛

There is a workaround with the Fibonacci Line tool.

To set it up:

- Set a hotkey to place a Fib line (script = FibonacciLine)

- Press the hotkey and draw a line anywhere on your chart.

- Right click on the vertical line and select Config.

- Chang the line settings to match this:

- Now, when you enter a position and have a stop loss. You simply hit the Fib hotkey, and click and drag down from your entry to your stop.

- You will then have nice price targets on your chart that will look like this:

As you can see, I'm embarrassingly partialed in my trade too soon! 🤣

I'm going to give this a shot, I partial too soon sometimes, this will give me a visual target for my first partial at 1:1

[Christopher 129]

9 minutes ago, hailchaser2 said:

I'm going to give this a shot, I partial too soon sometimes, this will give me a visual target for my first partial at 1:1

Only nerds partial at 1:1

<.< ... >.> 0.0

*drops mic* 

Edited July 7, 2020 by Christopher Patterson