Advanced Multi-Level Trailing Stop Orders

Request for conditional trailing stops that move to predetermined profit levels only when specific price thresholds are reached, rather than continuously trailing the market.

Example functionality:

  • Set initial target: 500 ticks

  • When price reaches 200 ticks, automatically move trailing stop to 100 ticks (securing profit)

  • When price reaches 300 ticks, move trailing stop to 175 ticks

  • Continue with customizable levels until final target is reached

Key features needed:

  • Multiple conditional stop levels (not just one trailing increment)

  • Tick-based settings (not just dollar amounts) for cross-instrument compatibility

  • User-defined trigger points and corresponding stop adjustments

  • Works with DOM order entry

This would provide more sophisticated risk management similar to advanced platforms while maintaining TopstepX's user-friendly approach.

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Upvoters
Status

Added to Backlog

Board

πŸ’‘ Feature Request

Tags

Risk Tools

Date

3 months ago

Author

tessaenjoyslife

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