Doing a STP sell order with length of time consideration

External question — Personal Finance Stack Exchange Author: Jimmy Chu Original post: https://money.stackexchange.com/questions/162719 License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/ Adaptation: HTML converted to plain text; contact email addresses removed. I am trading stocks in Interactive Broker and crypto in Binance. One way to manage my risk is setting stop loss orders in my long positions. But there are times (particularly in crypto) when a ticker can drop down 5 - 8% in about an hour and rises back up. Is there any way or using any tool/platform so I can issue a stop loss order (or a market order at that moment) only when a ticker drop below X price for Y amount of time ? Thank you.

External answer — Personal Finance Stack Exchange Author: InvoAngelus Original post: https://money.stackexchange.com/a/162836 License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/ Adaptation: HTML converted to plain text; contact email addresses removed. Learning to code to write 1 script is quite an undertaking. Unless you plan to delve into algorithmic trading and writing your own bot, paying someone to create this should make more sense considering the simplicity of your requested function. You can pretty easily find someone familiar with your platform to write that script on freelancer platforms like Fiverr or Upwork.