Has anyone used this type of order at OEC? It seems rather crude compared to IB's trailing stop from my experience. I talked to OEC support about it but they don't seem to think there is any problem. I wanted to see if anyone else has an opinion. My problem with OEC's trailing stop is that it continues to reduce your stop whether or not a new high or low is met. In other words, if the market is going sideways, each time it goes in your favor they reduce the stop so you end up getting filled despite the fact that the market has not made new ground in your favor. It would seem very hard to me to make money with this type of criteria and you would get taken out of the position prematurely. IB's trailing stop seems to be more intelligent in that it waits until a previous high/low is taken out in your favor before moving the stop. I'd be interested if anyone has used either or both and what your thoughts are. Thanks.