Hotkey to partial a position (either direction), move stop to brekaeven

[Samma 1]

Hi everyone,

 

I'm stuck on this one. It has to do with how the hotkey calculates shares to update stop position share size. I'm trying to create two hotkey scripts:

1. If long, add to an open position (e.g. +50%) and move stop to breakeven. If short, partial from an open position (e.g. -50%) and move stop to breakeven. Basically a buy % of position hotkey that works for both directions with a new breakeven stop.
2. If long, reduce an open position (e.g. -50%) and move stop to breakeven. If short, add to an open position (e.g. +50%) and move stop to breakeven. Basically a sell % of position hotkey that works for both directions with a new breakeven stop.

I'm hung up on the stop in the hotkey script. I think it has to do with the stop direction and share size (selling during a short position adds shares short as opposed to reduces position share size).

 

Anyone have such a script? I've pored over Kyle's scripts but they are so complex, I'm a bit lost.

Edited March 26, 2024 by Samma

[peterB 325]

https://open.substack.com/pub/traderpeter/p/das-trader-advanced-hotkeys-part?r=1wujo4&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true

[Samma 1]

Thanks Peter, looks to be a wealth of knowledge on there but exactly what I wanted. I'd like to learn how to code my own hotkeys.