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Deaner21

Hotkey Help - Predefined profit % at R multiple - Das Pro w/ Interactive Brokers

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Deaner21

Can someone using Das with IB post the hotkey code for setting and automatic % limit order (profit)  at a defined R multiple? The one I pulled from Kyle's Hotkeys keeps firing off weird range orders with my stop and I can't find the original I was using with my Sim a few months back. 

 

Thanks in Advance! 

Dean

Edited by Deaner21

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Matt S

I have been using the stop loss with 20$risk hotkey.  I am very new to trading and have been in SIM for only 3 weeks.  I have a hard time calculating the R multiples and keep taking partials early.

Are there hotkeys that will set the stop loss with 20$ risk and a limit order to take off 25% of the position at 2R for short and long?

Any help would be much appreciated.

Thanks 

Matt

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Deaner21

Thanks guys! 

May have figured it out, order type wasn't reverting to default after the order was sent, was staying on STOP after the fixed risk stop was set, which seemed to jam up the Limit order.  Changed the order entry settings to revert to default (SMARTL) after order is sent. Seemed to fix the issue! 

 

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KyleK29
On 5/9/2021 at 6:30 PM, Deaner21 said:

Thanks guys! 

May have figured it out, order type wasn't reverting to default after the order was sent, was staying on STOP after the fixed risk stop was set, which seemed to jam up the Limit order.  Changed the order entry settings to revert to default (SMARTL) after order is sent. Seemed to fix the issue! 

 

This happens if you use a route that doesn't exist. IBCO users should have SMRTL or SMRTM, all others should use LIMIT or MARKET.  


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Profile / Project Pages (Dynamic Hotkeys, StreamDeck Files, and other contributions are located here)

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Deaner21

Damn Routes! I accidently typed in a few SMARTL when first moving over and took me awhile to notice the extra A in them, but not the problem this time. 

Turns out my profit order calculation only works with my "click to set stop" orders, the stop attached to the fixed risk key, although both being a SMRTM stop, doesn't seem to get picked up properly for the 2/3R profit target formula. Easy enough fix to just  reset the stop manually before using the set profit targets. Only two clicks and a hotkey! 

 

Thanks again everyone

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