Bracket Order with Trailing Stop?

[pray4bass]

I have some saved Bracket Orders with preset profit target and stop loss amounts (in ticks). Wondering if it's possible to also create a Bracket Order with a Trailing Stop? It's very easy to do this in Ninjatrader, but I can't seem to make sense of it in MotiveWave. Thx.

 

[Vlad]

Yes it is possible. Here is an example, using the "DOM preferences" menu. Let me know if this is not what you're looking for:

 

[Kdogg450]

What’s missing for me is the ability to set a stop that doesn’t move until a certain amount in profit - then it jumps and trails by a certain amount. I’ve just been adding a trail stop on the fly by clicking the price axis. Be cool if they upgraded the Bracket orders to be simpler and more like Ninja / Sierra etc….

 

[Vlad]

They do have an automated strategy that does that. It’s a little clunky though for my style of trading, but you can always modify if you can code.
You can setup hotkeys to place brackets/trails. I have a mini-keypad with 6 keys for trade management

 

[Kdogg450]

They do have an automated strategy that does that. It’s a little clunky though for my style of trading, but you can always modify if you can code.
You can setup hotkeys to place brackets/trails. I have a mini-keypad with 6 keys for trade management

Oh interesting - where can I find this?

 

[Vlad]

Hotkeys: Preferences/General/Keyboard - Trading category
Strategy: Strategy/General/Trade Manager
Java source code is in this forum in SDK section

 

[Kdogg450]

Ok great, I’ll look into these things. Thanks!