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Line Width based on window, placing stop orders quickly
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Created: by purepriceaction Attachments:1

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Line Width based on window, placing stop orders quickly

  #1 (permalink)
Trading Apprentice
Trading Experience: None
Platform: NT
Favorite Futures: /ES
Posts: 2 since Nov 2018
Thanks: 0 given, 1 received

Line Width based on window, placing stop orders quickly

Hey everyone, first post here!

I'm papertrading the ES on a 2000 tick chart (to identify setups/trades) and the 512 tick chart (to determine precise entry/exit points, including areas to possibly scale in on winning positions). With that said, I have two questions:

1) I use Mack's PAT videos (not affiliated) for feedback. When he identifies larger trends, he often changes the line width. I'm trying to do the same, but it takes away crucial time during trading. Is it possible to have the line width changed based on the window? Example: A channel/line drawn on the 2000t chart will have line width as 2, whereas a channel/line drawn on a 512t chart will have line width as 1.

2) I find that trying to enter trades quickly is hard without using MKT orders or limit orders on the DOM, which isn't practical. I know I can enter stop orders on the DOM or by right clicking the chart, but I was hoping there was an easier way to place stops for entries. Example: I (left) click at a certain area on the chart and a stop order is placed at that spot.


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  #2 (permalink)
Trading Apprentice
Trading Experience: None
Platform: NT
Favorite Futures: /ES
Posts: 2 since Nov 2018
Thanks: 0 given, 1 received


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  #3 (permalink)
Saint Louis, Mo., USA
Trading Experience: Advanced
Platform: NinjaTrader, Tradestation
Broker/Data: Amp/CQG, Velocity/TT, Kinetick, TS
Favorite Futures: Anything That Moves..
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Posts: 137 since Aug 2010
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purepriceaction View Post


Attached is Sample Script demonstrating a crude example of how you might accomplish your 1st question..

Although your second question is quite doable.. It gets a bit more complex when working with mouse events and orders..

You might want to take a look at NinjaTrader's Help Guide example, on placing 2 buttons (Buy and Sell) on chart, and starting from there..


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