Hi, I did some paper trading in Tradingview.com and I loved the bracket order panel that gave you estimates of the USD value and % values of the Stop Loss and Profit taking orders. I like that. Is there a way to do that in IB TWS? Now I have to calculate it manually and placing an order takes too long (slow brain) or I make mistakes.
Not "TWS out of the box" that I am aware of. IB-TWS tends to give you just the basic tools, partially integrated with other tools. I think they leave the more second level stuff, like you describe, to people using the API. In the API it would be straightforward. Of course you can always submit a feature request. They might be more attentive to the retail traders these days. At some point, they will probably give all the old tools a BUFF, but of course they will break a lot of stuff since it is a lot of legacy code, so it will take a bit more time to develop and stabilize. Lastly, you could probably do something in Excel that hooks into TWS and does the calculations for you, on the fly, MAYBE.
Lol, I not on the development team, but you give me 4 days with the bug database, the proposed feature with Dev estimates and I could tell you. Usually a good rule of thumb is Time to code x 2 or in the case of badly embedded legacy code x 3 to never. It really depends upon the code base, and the team.
Just set the percentage figure once at the beginning of the day and stick with it. The difference won't produce a big variance in your returns unless you are grossly undercapitalized or trading way too much size.