Inexpensive front-end Trade Manager for IB TWS

A

andysmith99

I use IB TWS and want to automatically exit a position when its intraday moving average is violated (basically this is a trailing stop).

Is there a way to do this without spending thousands of dollars on custom software? (I have already programmed this into thinkorswim).
 
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You can actualle have a trailing stop in TWS. What makes your idea specific so that ity does not work in TWS?
 
Hi Gldr, in TWS the stop can trail by a fixed percentage or a dollar amount. I want the trailing stop to be a moving average. Is there a way to do that?
 
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andysmith99 said:
I use IB TWS and want to automatically exit a position when its intraday moving average is violated (basically this is a trailing stop).

Is there a way to do this without spending thousands of dollars on custom software? (I have already programmed this into thinkorswim).
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Have you considered contacting ninjatrader or multicharts and asking them directly? They are the two main retail solutions.
 
Hi GoldenMember, no I haven't but will do so. I was under the impression that Sierra Chart and Amibroker were the two main retail solutions for IB frontends.
 
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