Trade Tickets

[Lomiax]

Hi,

I'm Trading BTC @ Binance. Is it possible to place a buy or sell order by using the amount of Dollar instead of Quantity? Most of the time it's hard to play around with these Bitcoin digits if you place your Trades visually. If the BTC price goes up the buy Order reaches the Portfolio limit and the order can Not be placed. Do you know what i mean?

Is there any workaround?

greez

Mario

 

[Jerry Medved]

not directly. However, the new Saved Orders/Hotkeys functionality can certainly handle that. And if you don't want to define the saved order for specific dollar amount, you could do one for some amount that would be easy to do a multiple of. Like $1,000. Then after loading the saved order, just do x2 or 1/2 button to adjust. 

That functionality is not yet released. If you want to play with it, email support and we will enable for your account

[Lomiax]

OK thanks. I will wait until it is available.

Edited January 30, 2021 by Lomiax

[3acor]

On 1/24/2021 at 5:04 PM, Jerry Medved said:

not directly. However, the new Saved Orders/Hotkeys functionality can certainly handle that. And if you don't want to define the saved order for specific dollar amount, you could do one for some amount that would be easy to do a multiple of. Like $1,000. Then after loading the saved order, just do x2 or 1/2 button to adjust. 

That functionality is not yet released. If you want to play with it, email support and we will enable for your account

How would you go about putting Dollar amount in Quantity?

[Jerry Medved]

you can define a hotkey that sets the quantity based on whatever computation you want. 1/2 Buying power for example of $10,000 (just set QTY to 10,000/Price)

[3acor]

2 hours ago, Jerry Medved said:

you can define a hotkey that sets the quantity based on whatever computation you want. 1/2 Buying power for example of $10,000 (just set QTY to 10,000/Price)

Thanks!

Edited December 10, 2021 by 3acor

[Mike Medved]

Would be better to use the round function. To the number of digits you want.

[3acor]

32 minutes ago, Mike Medved said:

Would be better to use the round function. To the number of digits you want.

So you mean in QTY I input: Round(10000/Price)?

Edited December 10, 2021 by 3acor

[Jerry Medved]

10 hours ago, 3acor said:

So you mean in QTY I input: Round(10000/Price)?

correct. Price if you want to use the LAST quote price or 
round(Pos/TicketLimitPrice) if you want to use the entered limit price.

[3acor]

41 minutes ago, Jerry Medved said:

correct. Price if you want to use the LAST quote price or 
round(Pos/TicketLimitPrice) if you want to use the entered limit price.

I am putting Round(10000/Price), however it is buying in QTY not in Dollar. Am I putting anything wrong?

[Jerry Medved]

1) you can test it without sending the order. you can define the hotkey to be DROP = true, SEND = false. That way when you execute the hotkey on the trade ticket, the quantity on the trade ticket should get set.

2) MT always sends the quantity with the order when sending it to the server. The hotkey we refer to is for computing the quantity based on dollar amount, and in the example, rounded to whole numbers. If doing crypto, you would of course want to round to x digits instead of whole numbers

[3acor]

I see thanks.. I think for Options I have to do round (10000/(price*100))