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InteractiveBrokers. How to activate a trail order from a certain level


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InteractiveBrokers. How to activate a trail order from a certain level

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  #1 (permalink)
 eryo 
Babia, Spain
 
Experience: Intermediate
Platform: ninja trader
Broker: zen fire
Trading: gold
Posts: 48 since Apr 2010
Thanks Given: 22
Thanks Received: 8

Hello. At InteractiveBrokers, does anyone know how to place a trail stop order but which is activated after the price has traveled 20 ticks in favor? Thank you.

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  #2 (permalink)
 jmcli 
France
 
Experience: Intermediate
Platform: SierraChart / Denali Feed
Broker: Interactive Brokers
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Hello,
Maybe you can modify a TRAIL order by setting a condition on price of the undelying contract : 20 ticks higher here
Have a look at : https://www.interactivebrokers.com/en/index.php?f=584
I suggest you try it first on your IB simulated account.

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  #3 (permalink)
 Sant 
United States + World
 
Experience: Advanced
Platform: IB TWS
Broker: IB
Trading: Bonds, Stocks, Futures, Options
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eryo View Post
Hello. At InteractiveBrokers, does anyone know how to place a trail stop order but which is activated after the price has traveled 20 ticks in favor? Thank you.

Hi Eryo...

This Video by IB explains how you can set up the ALERTS panel with a conditional order that will put in a stop order or stop limit order if your Symbol/Mkt hits a specific profit price value of your choice above your entry price.

You would learn how to do this Conditional Alert Action Setup and then save YOUR Conditional Alert Action text to the Alerts archive folder or save the Conditional Alert Text to a Text file on your PC to copy paste back into the conditional alert area and modify for different stocks.

Here is a video example of this...
YouTube IB -- Technical Analytics - Setting Alerts in IBís TWS

In a nutshell... Your TWS Alert would perform an ACTION event in TWS (place an order) as well as optionally alert you to that action event being executed.

Hope This Helps...

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  #4 (permalink)
 salander 
orlando+florida/unitedstates
 
Experience: Intermediate
Platform: TS, TOS
Broker: TS, TDA, TW
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eryo View Post
Hello. At InteractiveBrokers, does anyone know how to place a trail stop order but which is activated after the price has traveled 20 ticks in favor? Thank you.

Hi Eryo - Curious if you were able to do this as Iím also looking for the same functionality, thx!

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  #5 (permalink)
 eryo 
Babia, Spain
 
Experience: Intermediate
Platform: ninja trader
Broker: zen fire
Trading: gold
Posts: 48 since Apr 2010
Thanks Given: 22
Thanks Received: 8

I have not been able

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Last Updated on January 1, 2022


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