A moving/sliding Bracket Order/Trendline
I just wanted to suggest an order type that would be HUGELY beneficial to traders. A moving/sliding Bracket Order. In other words, if I want to get short with a Bracket Order stop below a moving trendline...lets day it comes in at 5550, and I want to get short 10 tics below at 5540, and risk 10 tics back above at 5560, and I want my target to be 60 tics below wherever the trendline comes in. This all works great if the Trendline does not move. But what if it moves upward 3 tics per/hour? Then the following hour the trendline comes in at 5553, the sell stop below is now 13 tics below, not 10, and the risk stop is now 7 tics above, not 10.
The inability to do this, prevents me from making a number of trades, because I don't want to have to deal with going back and forth and changing things every hour, especially if this is an order that might be filled at 2:00am or something. But if you could add this functionality, This would be a HUGE selling point for the CQG platform functionality, and would increase order flow through the platform. I am ramping up my client base, and would love to push the CQG platform with this funcationality in it. Additionally, it will save traders a LOT of time. I can put my orders in, know they are adjusting to the market for entry, loss stop and profit target, and be able to breathe easier.
Please let me know your thoughts and if you want any clarification. Thank you! Love CQG!