Jump to content

Trend line trailing stop


Guest Infromthecold

Recommended Posts

Guest Infromthecold

I'd really like the ability to have a stop track a trendline / trail based on time rather than distance.

I generally use a trendline for my exits and to be able to 'fire and forget' would be great!

Link to comment

Hi ,

 

Welcome to the IG community!

 

Thanks for your feedback. We really enjoy such comments as it is these very ideas that we have acted on to help better improve many elements of out trading platform as well as the service we offer. 

 

The point you have made I can see the value in and so I will be sure to pass this on to the relevant team as this could be useful to many strategies!

 

You may be interested in the ProRealTime platform that we also offer, as this has many advanced trading tools, such as being able to set market orders according to a trendline that you may find use of. Below is a link that will tell you more about the platform and you can access this from the 'Tools' section in the IG platform.

 

https://www.prorealtime.com/en/video-tutorials

 

I hope that helps!

Link to comment
  • 3 weeks later...
  • 4 months later...

I would also like to use trend lines as stop losses but as far as I am aware this is not possible on PRT as you suggest, unless you are trading intra day?

 

I was informed by one of your staff that oblique parallel trend line Limit Orders were only good while you are logged onto the charts and as soon as you log off all orders of this type are cancelled.

 

TimP could you clarify these orders for us please, because like most people I take trades lasting at least a few days and this is something I would absolutely love to use.

 

Thank you

Link to comment

Hi 

 

The oblique orders are refered also as Pending soft orders in the platform and are stored on the wokstation only. With that in mind closing the platform will remove these orders.

 

I would very much agree with you about being able to have these active for longer periods and so the only way I could think that would be done would be if the trades would be saved on ProRealTimes order server, for which I will contact them to find out if this is something that is firstly possible and secondly if they have any plans in the future for it.

 

I hope that helps!

Link to comment

Archived

This topic is now archived and is closed to further replies.

  • image.png

  • Posts

    • This content is based on my personal opinion and not a financial advise for readers hence ensure you DYOR before investing. Resources: https://www.odaily.news/en/newsflash/380143 No doubt memecoin has seen tremendous adoption over the last 6 with more capital inflowing into the memecoin sector. The artificial intelligence sector and RWA sector is another sector that looks promising but the crazy gains recorded from memecoin in the first quarter of the year might have been the reason for investors to shift their focus to memecoin.  With BTC only managing 48% gain since the beginning of 2024, tokens like WIF, PEPE and floki surged by 1300%, 815% and 392% respectively. Among the top 10 tokens, BGB the native token of Bitget was the only exchange token to find it's way up returning 100% to investors in 6 months. While the second half of the year hold a lot of promise due to anticipation of BTC post halving bullrun, a lot of investors are looking to invest in a tokens with decent ROI potential and memecoin looks the best option to many. Not disputing the crazy gains that might comes with investing in memecoin, the risk of losing it all is also higher especially investing in new memecoins. Considering the continuous growth, expansion and ecosystem development of Bitget, BGB holds a great potential with minimal risk compared to memecoin. Additionally, the entry point is still very great for both new and old investors. What sectors do you think will lead in the bullrun proper? Will memecoin still lead the year or will AI, Gaming, RWA pull a surprise. Share your thoughts.
    • Yeah! I think I would have to agree with you on this as I have benefited a lot from the event this recent times & I have plans of leveraging the event for a long time.
    • Join the BYDFi Demo Trade Profit Posting and grab your chance to share in a 10,000 USDT prize pool!  Show off your trading skills, post your profits, and let's see who comes out on top! Don't miss out on this chance to win big! 🎉
×
×
  • Create New...
us