DAS Trader Advanced Hotkeys part 38
The single hotkey for LONG SHORT ADD STOP TARGET and sub dollar stocks.
One key to rule them all
The less I need to do, the less mistakes I make. That was the driver for this hotkey. Also, if you use Stream deck or even a standard keyboard, it makes it so much easier to use always only one key press for all the entries.
The hotkey uses the newest syntax using objects so that it works also with the new buttons around the chart (and other) windows. I hope you will like it.
The hotkey functions
it opens a position with a desired risk
it sets automatic stop loss and profit taking target orders
it detects the price and rounds sub-dollar stocks to 4 decimals
it adds to position while keeping the risk the same (in case a position is already opened)
it checks for errors not to breach the desired risk
it is easily tunable for your needs
It is great for momentum plays or even for calm trading with opening a single position in fire and forget mode.
It is also great for novice traders as instead of multiple hotkeys, this is a single hotkey solution.
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