Feature Request: Conditional Trailing Stop Loss (Profit-Triggered Stop Loss)

We would like to request an enhancement to Freedom24’s trading order types by introducing a Conditional Trailing Stop Loss (or Profit-Triggered Stop Loss). This functionality would allow investors to set a Stop-Loss order that remains inactive upon placement and only activates once the underlying asset reaches a specified profit threshold (e.g., +10%).

Problem StatementCurrently, placing a standard Stop Loss or Trailing Stop immediately upon opening a position exposes the order to market noise and short-term volatility, which can lead to premature stop-outs before an asset achieves its target momentum.

Investors who wish to implement a strategy where a Stop Loss is only introduced to protect gains after a stock reaches a certain upside performance (e.g., securing a break-even or trailing profit once up 10%) must currently monitor prices manually and update orders by hand.

Proposed Solution & Functional RequirementsWe propose adding a conditional parameter to the order execution window:

1. Activation Trigger (Profit Target):
   Allow users to set a trigger condition based on percentage gain or target price (e.g., "Activate Stop-Loss only when price increases by X%").
   
2. Order Execution post-Trigger:
   Once the trigger price is hit, the system automatically deploys either:
   A Fixed Stop Loss (set at break-even or a user-defined profit level).A Trailing Stop Loss (which follows the price upward from the activation point).
3. User Interface (UI) Integration:
   Add an option within the existing Stop Loss / Take Profit dialog box:
   [ ] Activate SL only after target profit is reached (+X%)

Key Benefits

• Improved Risk Management: Enables traders and long-term investors to lock in gains automatically without staying glued to the screen.
• Reduced Premature Stop-Outs: Protects positions from early volatility while maintaining robust downside protection once the trade moves into profit.
• Competitive Advantage: Provides Freedom24 users with advanced order types typically reserved for high-end professional trading platforms.

Thank you for considering this enhancement to your platform. We look forward to seeing Freedom24 continue to innovate its trading features.