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[amibroker] conditional order of this type possible via ibc?



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Hi Folks,

In intraday live trading, using eSignal data and trading thru IB, is there a way to specify a conditional order via ibc of the following type?:

Place BuyLimit at Open * 1.05% IF price decreases. 

So, what I'm trying to do is place the order to execute per the condition on their servers, instead of on mine, in order to avoid the lag time of me having to constantly query CurrentPrice to determine whether or not that price decreased.  The query lag is just too great for me to successfully place my limit.

Really like this group, as well as "amibroker-at", so thanks in advance for whatever you can advise. 

Kind of hoping I don't have to go to either FIX or one of the IB APIs in C++ or Java to get this job done!

Very truly & with best wishes to all here,
timekeeper (aka Richard)



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