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DAS Trader advanced hotkeys part 15
DASTrader Hotkeys

DAS Trader advanced hotkeys part 15

Trail to anything stop orders with color indication

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Peter Benci
Aug 23, 2024
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DAS Trader advanced hotkeys part 15
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This is the enhanced and cleaned up version of what I did in the part 8 post. These stops work anytime as they are calling a regular limit order from your trading platform rather than submitting a stop order to your broker.

The goal is to have a trailing stop attached or trailed to an indicator or a value or any calculation. The color should help with determining the type of trail being enabled, in case you use more trailing stop types.

In the video above, you can see I have enabled 3 types of stops

  1. the clicked stop

    click to the chart to define the stop and enable it with the trigger button on the montage - blue button

  2. PSAR trailing stop

    follows the Parabolic SAR indicator, which is showing as the small yellow squares on the chart. It triggers with the yellow montage button

  3. Previous candle body low trailing stop

    follows the previous candle body low (or high for shorts) as a trailing stop

At this time I already assume you are pretty familiar with the chart update scripts and naming the indicators to get the values populated into the custom variables as indicated in the other posts.

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