Buy shares with stop hotkey

[DrJonoG 1]

Hi all

I'm looking to create a simple hotkey that works as follows;

I double click on the chart which defines my stop, I think hit my hotkey and buy as many shares as I can such that I lose no more than a total of $200 should my stop be reached. As the trade is sent a stop loss is triggered too at the place I clicked on the chart.

Any help would be much appreciated

Kind regards

Jonathon

[DrJonoG 1]

This is what I have so far

ROUTE=SMRTL;StopPrice=Price;Price=Ask+0.03;Share=200.0/(Price-StopPrice);TIF=DAY+;BUY=Send;TriggerOrder=RT:STOP STOPTYPE:MARKET STOPPRICE:StopPrice ACT:SELL QTY:POS TIF:DAY+

Which seems to work apart from 

Share=200.0/(Price-StopPrice) 

Any suggestions?

I was also wondering if it was possible to not execute the trade if the average risk per share was greater than (for example) $0.40?

[Tommy 55]

you can find the info you want in this topic.

 

[DrJonoG 1]

On 3/2/2022 at 11:18 AM, Tommy said:

you can find the info you want in this topic.

 

Thank you