ROUTE=LIMIT Price=Bid-0.05 Share=Pos TIF=DAY+ HANDINST=ANY SSHARE=0 SELL=Send CXL ALLSYMB ROUTE=LIMIT Price=Ask+0.05 Share=BP*0.25 TIF=DAY+ HANDINST=ANY SSHARE=0 BUY=Send ROUTE=STOP StopType=Market StopPrice=last*0.99 Share=BP*0.25 TIF=DAY+ HANDINST=ANY SELL=SENDĬXL ALLSYMB ROUTE=STOP StopType=Market StopPrice=AvgCost Share=Pos TIF=DAY+ HANDINST=ANY SELL=SendĬXL ALLSYMB ROUTE=LIMIT Price=Bid-0.05 Share=Pos*0.5 TIF=DAY+ HANDINST=ANY SSHARE=0 SELL=Send ROUTE=STOP StopType=Market StopPrice=AvgCost Share=Pos*0.5 TIF=DAY+ HANDINST=ANY SELL=SEND Same but opposite positions for the Short commands Sell Half: Assuming you would do this to cash some profit (i.e you are on the profit side), it cancels any pending order, sells half the position, and then places a stop market for half the position at original purchase price.Ĭlose: Sells all and cancels all pending orders So what I did is send two separate orders with one command, both with 1/4 buying power, one buy limit and one stop marketīreakeven: It first cancels any pending orders (i.e the existing stop that went with original order) and then places a stop order at average purchase price Note, the method suggested by Andrew at the very top didn't work for me and I found out that you couldn't attach a stop loss order with qty = position and price= av.cost as at the time of running the command there is no position to start with. My buttons consist of 4 for buy and 4 for sell:īUY: places a limit order with 1/4 buying power and attaches a stop loss at 99% of last price at time of order. Traders can develop these shortcuts by assigning any keystroke or combination of keystrokes to. ROUTE=LIMIT Price=Bid-0.05 Share=BP*0.25 TIF=DAY+ HANDINST=ANY SSHARE=0 SELL=Send ROUTE=STOP StopType=Market StopPrice=last*1.01 Share=BP*0.25 TIF=DAY+ HANDINST=ANY BUY=SENDĪutohotkey is great, but in my opinion, if MT manages hotkeys internally, it will be more reliable, faster and flexible for growth.Here is my setup which I hope you find useful. Hotkeys are extremely useful for rapidly executing orders. ROUTE=LIMIT Price=Ask-0.5 Share=100 ACCOUNT=ACCTNUMBER TIF=DAY+ BUY=Send Sample hotkey scripts for Buy Limit Order:
There is DAS trader Pro that caters to day traders and have simple order execution script language that traders love. Creating and moving Trailing/stop limit orders.Īs mentioned above, TWS allows saving preconfigured orders as hotkeys/hot buttons, which is great except TWS itself. Hot keys for trading are major time saver, most beneficial for day trading, but I see myself using to manage basket orders, multiple bracket orders and sending executions for multiple broker accounts quickly. Here's a feature request I posted some time ago, see if this can be incorporated For example if I'm focused on a level 2 window with AMD displayed, hitting ALT+Q will cancel any open AMD orders. Same letters used with SHIFT+, but the orders will be to the short side.ĪLT+Q - Cancels any open orders that match the symbol of the focused window. Sell Order (Sell position 2 cents below the BID, used to bailout of a position)ĬTRL+1,2,3,n to get into a position depending on the size I want Sell Order (Half Position Size, 2 cents below the ASK) - Position sizes are 100%, 50%, 25%.īuy Order (Buy 1,000 shares 2 cents above the ASK) Really excited to see this feature around the corner! My experience with hot keys and buttons has been with Lightspeed there are two components (1) saved orders and (2) mapping the saved orders to hot keys and/or buttons. The first place winner will be awarded the Gold Honor status with a Red Carpet Access ticket for a Day at the Nasdaq, to shadow a top Nasdaq Director at the Times Square location, watch a live bell ringing, and a keepsake photo on the Nasdaq’s Times Square Tower as well as the following prizes from our sponsors.