tylerschoettle10 0 Posted October 1, 2021 Hey guys, I use fixed risk hot buttons and have a question. Say I am building into a $10 position and I want to use two separate $5 risk entries to get in. Say the first entry gets me 10 shares so the stop order would be 10 shares. For the second entry I use the same $5 risk hot button but the stop is 20 shares (the whole position). How can I make it so that the first entry stop is 10 shares and the 2nd entries stop is 10 shares as well, almost like they are 2 completely different positions? Here is my long and short script for long and short. Long StopPrice=Price-0;DefShare=BP*0.925;Price=Ask-Price+0.00;SShare=5/Price;Share=DefShare-SShare;DefShare=DefShare+SShare;SShare=Share;Sshare=DefShare-SShare;Share=0.5*SShare;TogSShare;ROUTE=SMRTL;Price= Ask+0.05;TIF=DAY+;BUY=Send;DefShare=200;TriggerOrder=RT:STOP STOPTYPE:MARKET PX:StopPrice-0.05 ACT:SELL STOPPRICE:StopPrice QTY:Pos TIF:DAY+; Short StopPrice=Price+0;DefShare=BP*0.925;Price=Price-Bid+0.00;SShare=5/Price;Share=DefShare-SShare;DefShare=DefShare+SShare;SShare=Share;Sshare=DefShare-SShare;Share=0.5*SShare;TogSShare;ROUTE=MARKET;Price=Bid-0.01;TIF=DAY;SELL=Send;DefShare=50;TriggerOrder=RT:STOP STOPTYPE:MARKET PX:StopPrice+0.05 ACT:BUY STOPPRICE:StopPrice QTY:Pos TIF:DAY+; Share this post Link to post Share on other sites
zulkafil 38 Posted October 1, 2021 1 hour ago, tylerschoettle10 said: Hey guys, I use fixed risk hot buttons and have a question. Say I am building into a $10 position and I want to use two separate $5 risk entries to get in. Say the first entry gets me 10 shares so the stop order would be 10 shares. For the second entry I use the same $5 risk hot button but the stop is 20 shares (the whole position). How can I make it so that the first entry stop is 10 shares and the 2nd entries stop is 10 shares as well, almost like they are 2 completely different positions? Here is my long and short script for long and short. I never thought of this situation that each trade to consider individual trade even though it's same stock. I just updated and tried in SIM, It's working for me.. Long StopPrice=Price-0;DefShare=BP*0.925;Price=Ask-Price+0.00;SShare=5/Price;Share=DefShare-SShare;DefShare=DefShare+SShare;SShare=Share;Sshare=DefShare-SShare;Share=0.5*SShare;TogSShare;ROUTE=SMRTL;Price= Ask+0.05;TIF=DAY+;BUY=Send;DefShare=200;TriggerOrder=RT:STOP STOPTYPE:MARKET PX:StopPrice-0.05 ACT:SELL STOPPRICE:StopPrice QTY:Share TIF:DAY+ Short StopPrice=Price+0;DefShare=BP*0.925;Price=Price-Bid+0.00;SShare=5/Price;Share=DefShare-SShare;DefShare=DefShare+SShare;SShare=Share;Sshare=DefShare-SShare;Share=0.5*SShare;TogSShare;ROUTE=MARKET;Price=Bid-0.01;TIF=DAY;SELL=Send;DefShare=50;TriggerOrder=RT:STOP STOPTYPE:MARKET PX:StopPrice+0.05 ACT:BUY STOPPRICE:StopPrice QTY:Share TIF:DAY+ For safety always try in SIM first. Best of luck.... 1 Share this post Link to post Share on other sites
tylerschoettle10 0 Posted October 1, 2021 9 minutes ago, zulkafil said: I never thought of this situation that each trade to consider individual trade even though it's same stock. I just updated and tried in SIM, It's working for me.. Long StopPrice=Price-0;DefShare=BP*0.925;Price=Ask-Price+0.00;SShare=5/Price;Share=DefShare-SShare;DefShare=DefShare+SShare;SShare=Share;Sshare=DefShare-SShare;Share=0.5*SShare;TogSShare;ROUTE=SMRTL;Price= Ask+0.05;TIF=DAY+;BUY=Send;DefShare=200;TriggerOrder=RT:STOP STOPTYPE:MARKET PX:StopPrice-0.05 ACT:SELL STOPPRICE:StopPrice QTY:Share TIF:DAY+ Short StopPrice=Price+0;DefShare=BP*0.925;Price=Price-Bid+0.00;SShare=5/Price;Share=DefShare-SShare;DefShare=DefShare+SShare;SShare=Share;Sshare=DefShare-SShare;Share=0.5*SShare;TogSShare;ROUTE=MARKET;Price=Bid-0.01;TIF=DAY;SELL=Send;DefShare=50;TriggerOrder=RT:STOP STOPTYPE:MARKET PX:StopPrice+0.05 ACT:BUY STOPPRICE:StopPrice QTY:Share TIF:DAY+ For safety always try in SIM first. Best of luck.... It works! Thank you! Share this post Link to post Share on other sites
zulkafil 38 Posted October 1, 2021 5 minutes ago, tylerschoettle10 said: It works! Thank you! Glad to hear it! You are welcome!! Share this post Link to post Share on other sites