Take a look at a program called "Bracket trader"
Works with IB and the price is right.
Allows you to set targets, stops and move stop to breakeven. easier than IB's DOM to manage trades.
It's reviewed here on ET. Worth a look.
Why not just a trend line?
Depending on your timeframe throw a 50 ma, or whatever suits you, on a 5 minute chart.
Only take Long if you're above and short if you're below.
Who is your broker?
The reason I ask is if it's IB you can download a program called bracket trader that will set your stops, target and move stop to breakeven when it hits a certain level. Nice easy interface.