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Trailing stop that follows a trend line

I’d love to have a n order type that follows a trend line, ideally with an offset. In other words, follow the price level that is even with the trend line (plus an optional offset in ticks).

The UI would work something like:

  1. draw a trend line

  2. right click on trend line, select “create order”

  3. specify order detail, buy/sell, offset, etc

3 comments

This request was merged into another request

Comments3

  • peter7191991@yahoo.com

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    Sep 6, 2024

    yes i would like this too, this feature is available on Ninja Trader and is very usefull to hold positions on for longer

  • The_Way_Out

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    Aug 1, 2024

    Do you know of any other platform that has this type of feature? It does sound interesting and I would surely partake in using it. But is it even possible to create? Maybe so, im not a coder so I wouldn’t know.

    But if it is possible than this would be a great beneficial way to enter and exit trades.

    • peter7191991@yahoo.com

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      Sep 6, 2024

      ninja trader allows you to add trailing stop with offset ticks to an indicator