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pedrobraiti

mcp-ibkr-agent

by pedrobraiti

trailing_stop

Automatically adjust a stop order to follow price movements and lock in profits. Specify trail amount or percentage.

Instructions

Place a TRAILING stop — a stop that follows the price (locks in gains as it moves).

The trigger trails the market by trail_amount (US$) or trail_percent (%). side is "BUY" or "SELL" (a trailing stop-loss on a long position is a SELL). Sized by quantity (shares).

Input Schema

TableJSON Schema
NameRequiredDescriptionDefault
sideYes
symbolYes
quantityYes
trail_amountNo
trail_percentNo
Behavior2/5

Does the description disclose side effects, auth requirements, rate limits, or destructive behavior?

No annotations provided, so the description must disclose all behavioral traits. It explains the two trail methods and side logic, but does not disclose whether the order becomes a market order when triggered, what happens if both trail_amount and trail_percent are set, order duration, or cancellation behavior.

Agents need to know what a tool does to the world before calling it. Descriptions should go beyond structured annotations to explain consequences.

Conciseness4/5

Is the description appropriately sized, front-loaded, and free of redundancy?

The description is concise (4 sentences) and well-structured, using line breaks and bullet-point style. It conveys key information without extra words.

Shorter descriptions cost fewer tokens and are easier for agents to parse. Every sentence should earn its place.

Completeness3/5

Given the tool's complexity, does the description cover enough for an agent to succeed on first attempt?

Given no output schema and no annotations, the description covers the core functionality but lacks details on execution behavior, potential errors, and order lifecycle. It is adequate for a simple trailing stop order but not fully comprehensive for all edge cases.

Complex tools with many parameters or behaviors need more documentation. Simple tools need less. This dimension scales expectations accordingly.

Parameters4/5

Does the description clarify parameter syntax, constraints, interactions, or defaults beyond what the schema provides?

Schema coverage is 0%, so description carries full burden. It explains trail_amount and trail_percent as alternatives (though not explicit about mutual exclusivity), clarifies side with an example, and mentions quantity. Symbol is self-explanatory but not described. This adds significant value beyond the schema.

Input schemas describe structure but not intent. Descriptions should explain non-obvious parameter relationships and valid value ranges.

Purpose4/5

Does the description clearly state what the tool does and how it differs from similar tools?

The description clearly states it places a trailing stop and explains what a trailing stop does ('follows the price, locks in gains'). It distinguishes from a regular stop (sibling stop_order) by using 'trailing' and describing the trail mechanism, but does not explicitly name the alternative.

Agents choose between tools based on descriptions. A clear purpose with a specific verb and resource helps agents select the right tool.

Usage Guidelines3/5

Does the description explain when to use this tool, when not to, or what alternatives exist?

The description gives guidance on side ('trailing stop-loss on a long position is a SELL') and explains the two trail methods, but does not specify when to use a trailing stop versus a regular stop order or other order types. No when-not-to-use or alternative names are given.

Agents often have multiple tools that could apply. Explicit usage guidance like "use X instead of Y when Z" prevents misuse.

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