Possible to set up a more advanced stop for IB?

[ggreggerh]

Does anyone know of a way to setup a more advanced stop than IBs current trailing stop? For example I would like to attach a Parabolic SAR or Chandelier stop to my long GBPUSD position based on my 15 minute chart.

Of course I know this is not possible using IBs current interface/charting, the only way is through a 3rd party vendor using IBs API.

Thanks for any suggestions you guys might have.

 

[tradelink]

tradelink works with IB and many other brokers, has a simulated trailing stop that you can plug any indicator into.... eg:

public class SmarterStop : ResponseTemplate
{
  TrailTracker _tt = new TrailTracker();
  override void GotTick(Tick k)
  {
      // get distance to set stop from your custom indicator
      double traildist = CustomModule.CustomIndicator(k);
      // set updated distance for symbol
      _tt[k.symbol] = new OffsetInfo(0,traildist);
       // enforce trailing stop if needed
       _tt.newTick(k);
       
  }
  public SmarterStop()
  {
      _tt.SendOrder+=new OrderDelegate(sendorder);
  }
  override void GotFill(Trade fill) { _tt.Adjust(fill); }
  override void GotPosition(Position p) { _tt.Adjust(p); }
}

http://tradelink.googlecode.com