Jump to content

Trend line trailing stop


Recommended Posts

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.

  • General Statistics

    • Total Topics
      19,989
    • Total Posts
      87,951
    • Total Members
      69,142
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    Bobminor
    Joined 25/09/22 20:58
  • Posts

    • Hey @pravid17 I hope you're well.  In the leveraged trading industry there are brokers who don't hedge client's exposure and brokers (like ourselves) who do hedge client's exposure.  In a perfect world the exposure of short clients would net off the trades of long clients however this is not always the case. Our hedging model allows us to take an exposure in the underlying market for the remaining exposure which doesn't offset - This way we don't need to hedge every trade, worry about profits of our clients and results in lower costs for hedging in the underlying market (commissions, interest etc.). So say 60% of IG customer exposure in the ASX was long and 40% of exposure on the ASX was short. The 40% would net each other off but there's a remaining 20% of customers who need to be hedged to cover their positions. We go into the market and hedge this.  We make our money primarily through our spreads and overnight funding  with other fees making up a small proportion of our revenue. I would like to remind also that IG is regulated by several bodies globally, including top-tier regulators like the UK's FCA, Germany's BaFIN, Australia's ASIC - This should be quite reassuring from a dealing execution and transparency perspective.  I hope this helps, let me know if you have any other question 
    • A survey from Reviews.org, which featured 1000 Americans, found that as many as 1 in 4 US subscribers may quit the service in the next year.    Jeremy Naylor | Writer, London | Publication date: Friday 23 September 2022  There was an interesting breakdown, but the main reason was affordability. Only 18% said they would move to a cheaper competitor. IGTV’s Jeremy Naylor looks at the numbers. Netflix subscription woes Netflix Inc (All Sessions) could be in for a rough time ahead over the next 12 months if a new survey is anything to go by, which was conducted in the US. Out of the 1,000 adults that took part in this survey undertaken by Reviews.org, around 25% of those that were covered said that they would be cancelling their Netflix subscription within the next 12 months. Now, it says with that 25% of US subscribers to Netflix considering leaving, not to join a competitor, but mostly because of pressures on household bills. This is how it is split: rising cost of subscriptions - 40% inflation - 20% a lack of content - 22% spending more time on the services of others - 18% So you can see, a minority said they were going to other services, such as those provided by Disney Plus or Amazon Prime. The cost of Netflix has risen dramatically this year as its basic plan increased by 11% in January and its other plans by 20% to 25%. Now these were the first price increases for three years, so that itself is relatively new for a lot of subscribers. Netflix share price Let's take a look at the Netflix share price. You can see on the far left hand side of this chart the COVID lows at $290.39. We saw a whacking great increase there of 141% to the top and the record high in Netflix shares back in November 2021. And that was when subscriptions were rising, people were paying more for their services, and it was all humming beautifully. And then all of a sudden people started questioning the numbers of streaming services they were undertaking with some deciding to withdraw from Netflix. All of a sudden the big drops started coming through with profit warnings and sales warnings. We've recently hit a new low of $162.50. Since then there has been a little bit of an increase. We're currently trading at $232.75, but we are down by a margin of 1.75% in today's session, which reflects this news that we could well see a relatively large drop in subscribers for Netflix in the US within the next 12 months.
    • Market data to trade the week of 26 September: Nasdaq; NXT From the economic calendar next week IG technical analyst, Axel Rudolph, picks up on a short trade on the Nasdaq around US inflation data. Meanwhile, despite another light week of corporate data, Axel picks out the chart of Next plc (NXT) as an interesting trade to think about.          
×
×
  • Create New...