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Automatically Scalp Profit Targets in DAS Trader Pro



The script(s) featured in this episode are provided below for educational and reference purposes. Trading stocks, options, futures, and other financial instruments involves substantial risk of loss and is not suitable for all investors. You may lose some or all of your invested capital. Always review and thoroughly test any code in a simulator before using it in a live trading environment.

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OBJECT_INIT_TRADE
This script is from a previous episode. Changes have been marked in the file so you can follow what was adjusted in this episode.

//OBJECT_INIT_TRADE
if (GetVar("$TRADE")==0) $TRADE=0;
if (!IsObj($TRADE)) $TRADE = newUserObj();
$TRADE.DAILYEMA200 = 0;
$TRADE.DAILYEMA200_LAST = 0;
$TRADE.DAILYSMA200 = 0;
$TRADE.DAILYSMA200_LAST = 0;
$TRADE.TIME_ON_TICKER = 0;
$TRADE.CHART_LAST_SYMB = "";
$TRADE.LAST_PL = 1234;
$TRADE.LAST_SHARES = 0;
$TRADE.LAST_GAIN_LOSS = 0;
$TRADE.LAST_AVERAGE = 0;
$TRADE.LAST_PER_SHARE = 0;
$TRADE.BUY_AT_TARGET = 0;
$TRADE.BUY_SPREAD = 0.10;
$TRADE.ALLOW_AVERAGE_DOWN = 0;
$TRADE.MAX_LOSS_PER_TICKER = -50;
$TRADE.TIMER_RUNNNING = 1;
$TRADE.TRAILING_PROFIT_PRICE = 0;
$TRADE.TRAILING_PROFIT_SPREAD = 0.10;
$TRADE.TRAILING_AUTO_AMOUNT = 0.10;
$TRADE.TRAILING_AUTO_ON_OFF = 0;


$TRADE.ALLOWED_SPREAD = 0.20;

$TRADE.OVERRIDE_REPLAY = 0;//BUG
$TRADE.OVERRIDE_REGHOURS = 0;//BUG

$TRADE.PILLARS_PRICE_MIN = 2;
$TRADE.PILLARS_PRICE_MAX = 20;
$TRADE.PILLARS_RVOL_MIN = 5;
$TRADE.PILLARS_UP_DAILY_PERCENT_MIN = 30;
$TRADE.PILLARS_FLOAT_MAX = 5000000;
$TRADE.RATING_VALUE = 0;
$TRADE.RATING_TEXT_DESC = "F";

//---SUB OBJECT - CALCS
$TRADE.CALCS = newUserObj();
$TRADE.CALCS.TOTAL15MIN = 0;
$TRADE.CALCS.TOTAL30 = 0;
$TRADE.CALCS.TOTAL50 = 0;
$TRADE.CALCS.TOTAL50_AVG = 0;
$TRADE.CALCS.BAR_60_BARNUM = 0;
$TRADE.CALCS.TOTAL60 = 0;
$TRADE.CALCS.BAR_60_THIS_DATE = "";
$TRADE.CALCS.TOTAL60MIN = 0;
$TRADE.CALCS.VOLUME_FETCH = 0;
$TRADE.CALCS.BAR_60_EXIT = 0;
$TRADE.CALCS.BAR_60_DAILYBAR = 0;
$TRADE.CALCS.BAR_60_START_DATE = "";
$TRADE.CALCS.TOTAL90 = 0;
$TRADE.CALCS.RVOLBAR = -91;
$TRADE.CALCS.MINUTES_BARNUM = -61;


$TRADE.BLOCK_THIS_STOCK = 0;
$TRADE.TODAY_VOLUME = 0;
$TRADE.TODAY_VOLUME_SHOW = 0;

$TRADE.PL_TODAY_MAX = 0;
$TRADE.PL_TODAY_MAX_TRIGGER = 20;
$TRADE.PL_TODAY_MAX_STOP_GIVE_BACK_PERCENT = 25;

$TRADE.SCALP_ON_OFF = 0;//+ ADDED THIS LINE
$TRADE.SCALP_AMOUNT = 0.10;//+ ADDED THIS LINE
$TRADE.SCALP_TRIGGERED = 0;//+ ADDED THIS LINE

$TRADE.RVOL_50DAY = 0;//+ ADDED THIS LINE TO FIX DAS ERRORLOG ON START

ExecHotkey("OBJECT_INIT_TRACKING");
ExecHotkey("OBJECT_INIT_STOP");

BUTTON_SCALP_ON_OFF
(NEW)
(This script was introduced in this episode)

//BUTTON_SCALP_ON_OFF
if (IsObj($DASHBOARD.getCustButObj("scalp_onoff"))){
    $DASHBOARD.getCustButObj("scalp_onoff").Text = "SCALP:";
    if ($TRADE.SCALP_ON_OFF == 0){
        $TRADE.SCALP_ON_OFF = 1;
        $DASHBOARD.getCustButObj("scalp_onoff").BkColor = Color("Green");
    } else {
        $TRADE.SCALP_ON_OFF = 0;
        $DASHBOARD.getCustButObj("scalp_onoff").BkColor = Color("Gray");
    }
}

CHART_TIMER_DRAW_SCALP
(NEW)
(This script was introduced in this episode)

//CHART_TIMER_DRAW_SCALP

if (IsObj($chart_1m.GetTrendline("ChartTimerScalp"))){
    $chart_1m.GetTrendline("ChartTimerScalp").Delete();
}
if (IsObj($chart_1m.GetTrendline("ChartTimerScalpText"))){
    $chart_1m.GetTrendline("ChartTimerScalpText").Delete();
}

if ($TRADE.SCALP_AMOUNT > 0 && $TRADE.SCALP_ON_OFF  != 0){
    if ($montage_window.POS > 0){
        $TRADE.SCALP_AMOUNT_PRICE = $montage_window.AVGCost + $TRADE.SCALP_AMOUNT;
    } else {
        if ($montage_window.ASK == 0){
            $TRADE.SCALP_AMOUNT_PRICE = $montage_window.PCL + $TRADE.SCALP_AMOUNT;
        } else {
            $TRADE.SCALP_AMOUNT_PRICE = $montage_window.ASK + $TRADE.SCALP_AMOUNT;
        }
    }

    $chart_1m.CreateTrendline("HorizLine, Price=" + $TRADE.SCALP_AMOUNT_PRICE + ", Name=ChartTimerScalp, LineStyle=DotLine, LineWidth=2, Color=#32A852, LabelTextColor=#000000, LabelBGColor=#32A852");

    $chart_1m.ConfigTrendLine Text DashLine:0,0,0:1:50,168,82:0,0,0;
    $chart_1m.CreateTrendline("Text, Price=" + $TRADE.SCALP_AMOUNT_PRICE + ", Price1=" + $TRADE.SCALP_AMOUNT_PRICE + ", Time=" + $TIME.DATETIME_BAR2 + ",  Time1=" + $TIME.DATETIME_BAR8 + ", Transparency=-162, Fill=1, Name=ChartTimerScalpText, LineStyle=2, LineColor=#32A852, LineWidth=1, Text=SCALP " + $TRADE.SCALP_AMOUNT);


} else {
    $TRADE.SCALP_AMOUNT_PRICE = 0;
}

if (IsObj($DASHBOARD.getCustButObj("scalp_onoff"))){
    if ($TRADE.SCALP_ON_OFF == 1){
        $DASHBOARD.getCustButObj("scalp_onoff").BkColor = Color("Green");
    } else {
        $DASHBOARD.getCustButObj("scalp_onoff").BkColor = Color("Gray");
    }
}

if (IsObj($DASHBOARD.getCustButObj("ScalpAmount"))){
    $DASHBOARD.getCustButObj("ScalpAmount").Text = $TRADE.SCALP_AMOUNT;
    if ($TRADE.SCALP_ON_OFF == 1){
        $DASHBOARD.getCustButObj("ScalpAmount").BkColor = Color("Green");
    } else {
        $DASHBOARD.getCustButObj("ScalpAmount").BkColor = Color("Gray");
    }
}

SELL_ASK
(NEW)
(This script was introduced in this episode)

//SELL_ASK
if ($montage_window.POS > 0){
    $montage_window.CXL ALLSYMB SELL;
    $shares_to_sell = $montage_window.POS;
    $montage_window.Route="Limit";
    $montage_window.Share=$shares_to_sell;
    $montage_window.Price=$montage_window.ASK;
    $montage_window.ACCOUNT=$ACCOUNT_NUMBER;
    $montage_window.TIF=DAY+;
    $montage_window.SELL=SEND;
    PlaySound("sell_bid_cash-register-141427.mp3", $MISC.SOUND_DEVICE, "SHARE STOP");
}

TIMER_SELL_SCALP
(NEW)
(This script was introduced in this episode)

//TIMER_SELL_SCALP
if ($montage_window.POS > 0){
    if ($TRADE.SCALP_ON_OFF  != 0){
        if ($TRADE.SCALP_AMOUNT > 0){
            $TRADE.SCALP_AMOUNT_PRICE = Round(($montage_window.AVGCost + $TRADE.SCALP_AMOUNT),2);
            if ($TRADE.SCALP_TRIGGERED == 0){
                if ($TRADE.SCALP_AMOUNT_PRICE <= $montage_window.ASK){
                    ExecHotkey("SELL_ASK");
                    $TRADE.SCALP_TRIGGERED = 1;
                }
            }
        }
    } else {
        //turning scalp on/off using button will reset
        $TRADE.SCALP_TRIGGERED = 0;//+ ADDED THIS LINE AFTER VIDEO
    }
} else {
    $TRADE.SCALP_TRIGGERED = 0;
}

BUTTON_SCALP_ADD
(NEW)
(This script was introduced in this episode)

//BUTTON_SCALP_ADD

$TRADE.SCALP_AMOUNT = $TRADE.SCALP_AMOUNT + 0.01;
$DASHBOARD.getCustButObj("ScalpAmount").Text = $TRADE.SCALP_AMOUNT;

BUTTON_SCALP_SUBTRACT
(NEW)
(This script was introduced in this episode)

//BUTTON_SCALP_SUBTRACT

$TRADE.SCALP_AMOUNT = $TRADE.SCALP_AMOUNT - 0.01;
if ($TRADE.SCALP_AMOUNT < 0){
    $TRADE.SCALP_AMOUNT = 0;
}
$DASHBOARD.getCustButObj("ScalpAmount").Text = $TRADE.SCALP_AMOUNT;

TIMER
This script is from a previous episode. Changes have been marked in the file so you can follow what was adjusted in this episode.

//TIMER
ExecHotkey("OBJECT_LOAD_TIME");
if ($TRADE.TIME_ON_TICKER > 2 && $TRADE.DAILYEMA200 == 0){
    //EMA200 comes from daily chart
    ExecHotkey("EMA200");
}

if (GetVar("$LAST_DATETIME_BAR0")==0) $LAST_DATETIME_BAR0="";
if ($LAST_DATETIME_BAR0 != $TIME.DATETIME_BAR0){
    ExecHotkey("STOCK_RESET");
}
ExecHotkey("OBJECT_LOAD_TICKER");

ExecHotkey("ANALYZE_MACD");
ExecHotkey("DASHBOARD");
ExecHotkey("TIMER_PL_UPDATE");
ExecHotkey("TIMER_BUY_TARGET");
ExecHotkey("TIMER_SELL_SCALP");//+ ADDED THIS LINE
ExecHotkey("TIMER_TRAILING_STOP_AUTO");
ExecHotkey("CHART_TIMER_DRAW_BUY_TARGET");
ExecHotkey("CHART_TIMER_DRAW_AUTO_TRAILING");
ExecHotkey("CHART_TIMER_DRAW_SCALP");//+ ADDED THIS LINE
ExecHotkey("TIMER_HEARTBEAT");
ExecHotkey("SPEAK_TEXT");

SELL_BID
This script is from a previous episode. Changes have been marked in the file so you can follow what was adjusted in this episode.

//SELL_BID
if ($montage_window.POS > 0){
    $montage_window.CXL ALLSYMB SELL;//+ ADDED THIS LINE
    $shares_to_sell = $montage_window.POS;//+ ADJUSTED THIS LINE
    $montage_window.Route="Limit";
    $montage_window.Share=$shares_to_sell;
    $montage_window.Price=$montage_window.BID;
    $montage_window.ACCOUNT=$ACCOUNT_NUMBER;
    $montage_window.TIF=DAY+;
    $montage_window.SELL=SEND;
}

SELL_BID_HALF
This script is from a previous episode. Changes have been marked in the file so you can follow what was adjusted in this episode.

//SELL_BID_HALF
if ($montage_window.POS > 0){
    $montage_window.CXL ALLSYMB SELL;//+ ADDED THIS LINE
    $shares_to_sell = Round(($montage_window.POS / 2), 0);//+ ADJUSTED THIS LINE
    $montage_window.Route="Limit";
    $montage_window.Share=$shares_to_sell;
    $montage_window.Price=$montage_window.BID;
    $montage_window.ACCOUNT=$ACCOUNT_NUMBER;
    $montage_window.TIF=DAY+;
    $montage_window.SELL=SEND;
}

TIMER_TRAILING_STOP_AUTO
This script is from a previous episode. Changes have been marked in the file so you can follow what was adjusted in this episode.

//TIMER_TRAILING_STOP_AUTO

//make sure dashboard shows current settings
if (IsObj($DASHBOARD.getCustButObj("auto_trail_amount"))){
    $DASHBOARD.getCustButObj("auto_trail_amount").Text = $TRADE.TRAILING_AUTO_AMOUNT;

    if (IsObj($DASHBOARD.getCustButObj("auto_trail_onoff"))){
        if ($TRADE.TRAILING_AUTO_ON_OFF == 1){
            $DASHBOARD.getCustButObj("auto_trail_onoff").BkColor = Color("Green");
        } else {
            $DASHBOARD.getCustButObj("auto_trail_onoff").BkColor = Color("Gray");
        }
    }
}

//check if in position and need to set auto stop
if ($TRADE.TRAILING_AUTO_ON_OFF == 1 && $TRADE.TRAILING_AUTO_AMOUNT > 0){
    if ($montage_window.POS > 0){
        if ($montage_window.ASK > ($montage_window.AVGCost + $TRADE.TRAILING_AUTO_AMOUNT)){
            $shares_to_sell = $montage_window.POS;//+ ADJUSTED THIS LINE
            $price_to_sell = $montage_window.ASK - $TRADE.TRAILING_AUTO_AMOUNT;
            $price_to_sell = Round($price_to_sell, 2);

            $MISC.SOUND_FILE = "trail-universfield-level-up-06-370051.mp3";
            ExecHotkey("SELL_TRAILING_EXECUTE");
        }
    }
}

SELL_TRAILING_MIDDLE
This script is from a previous episode. Changes have been marked in the file so you can follow what was adjusted in this episode.

//SELL_TRAILING_MIDDLE

$shares_to_sell = $montage_window.POS;//+ ADJUSTED THIS LINE
$price_to_sell = $montage_window.AVGCost + (($montage_window.ASK - $montage_window.AVGCost) * 0.5);
$price_to_sell = Round($price_to_sell, 2);

$MISC.SOUND_FILE = "scalp-trail-key-level-up-02-199574.mp3";
ExecHotkey("SELL_TRAILING_EXECUTE");

SELL_TRAILING_TOP
This script is from a previous episode. Changes have been marked in the file so you can follow what was adjusted in this episode.

//SELL_TRAILING_TOP

$shares_to_sell = $montage_window.POS;//+ ADJUSTED THIS LINE
$price_to_sell = $montage_window.AVGCost + (($montage_window.ASK - $montage_window.AVGCost) * 0.75);
$price_to_sell = Round($price_to_sell, 2);

$MISC.SOUND_FILE = "scalp-trail-key-level-up-02-199574.mp3";
ExecHotkey("SELL_TRAILING_EXECUTE");


Disclaimer: This is an independent project and is not affiliated with or endorsed by DASTrader.com.

The tool is currently under development and intended for educational and experimental purposes only, including improving the experience of working with DAS hotkey scripting (e.g., code validation, highlighting, and structure).

It does not execute trades, provide trading signals, or offer financial advice. Any scripts created or used with DAS Trader remain the sole responsibility of the user.

Trading involves significant risk. You are fully responsible for verifying all scripts, commands, and behavior before using them in a live trading environment.

This tool is provided “as-is” with no guarantees of accuracy, completeness, or reliability. Use at your own risk. Always test thoroughly in a simulator before live trading.



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DISCLAIMER

Episode: Automatically Scalp Profit Targets in DAS Trader Pro

The DAS Trader Pro scripts, code examples, tools, and information provided on this website are offered solely for educational and informational purposes. Nothing on this website constitutes financial, investment, legal, tax, or trading advice.

Trading stocks, options, futures, and other financial instruments involves substantial risk of loss and is not suitable for all investors. You may lose some or all of your invested capital.

No representation or warranty is made regarding the accuracy, completeness, reliability, profitability, or suitability of any script, strategy, indicator, automation, workflow, or method presented on this website.

Execution behavior may vary based on broker, routing, market data, platform configuration, DAS Trader Pro version, account settings, market conditions, and other factors beyond the control of DayTradeCoder.

Past performance, examples, demonstrations, screenshots, or historical results are not indicative of future results and should not be relied upon as a guarantee of performance.

You are solely responsible for reviewing, understanding, testing, validating, and monitoring all code before use. All scripts should be thoroughly tested in a simulator or paper-trading environment prior to any live trading activity.

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