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mexpolk

Stop Limit Order with Trigger Price Hotkey (with Double Click)

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mexpolk

Hi,

I was wondering if it possible to set up a hot-key that uses the double-click feature to set the trigger price and load a stop-limit with 5¢ above the ask, I tried the following but it didn't work (it says invalid trigger price):

TradeWndStyle=Stop;Route=STOP;StopType=Limit;TriggerPrice=Price;Price=Ask+0.05;Share=1000;TIF=GTC;BUY=Load;

The goal is that I want to leave an order ready so that, right when breaks resistance, it triggers my order with a limit of 5¢ above the ask. Is that possible?

Additionally, it would be really awesome if I could combine this with stop-loss and profit target stops (but I can handle those with additional hotkeys if not possible).

Thanks!

Edited by mexpolk

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Trinity

Hi, Here is my suggestion if you want to test it. 

You would double click on chart at your desired stop price (trigger). Then hit the hotkey. 

Script: Price=Price;ROUTE=STOP;StopType=Limit;StopPrice=Price;Price=Price+.05;TIF=DAY+;FOCUS PRICE

I didn't use the ask+.05 because when you set the order up, the 'ask' might still be far from the entry price you actually want. I could be wrong as I am still learning this stuff -- but hope this helps. 

 

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