Stops on Order

[mlsignups]

I'm using the saved orders to add buttons to my screen to enter orders when pressed.

My entry sizes the position based on the concept that the Low of Day is my stop

So I use Low of Day variable to calculate position size.

I would like to add a stop automatically through Interactive Brokers once the order is filled.

I tried adding a second leg to the order with a stop at low of day but it doesn't seem to hold or take in interactive brokers.    

Is that the right way to add a stop after placing an order through the system ?

If not, is there another /better way?

Thanks

[Jerry Medved]

not sure what "doesn't seem to hold" mean. you get some error?

I think what you want is an OTA order (One Triggers Another), so you would enter a BUY order and the OTA for the SELL order.  2 legs within the hotkey

[mlsignups]

From memory because I tried this about a month ago - When  I say "doesn't seem to hold" - for one reason or the other the stop order didn't get executed in interactive brokers.    But let me try what you are suggesting and see what happens.