applying auto stop based on time

[bullybearFFh]

Is there a way (or anything already out here) that can be used to "trail stop" my position based on the time frame? for example, if I am scalping long on a trade, set a new stop that would follow the price and set a new stop (n) ticks below the last completed 5 minute candle and have it intergrated with my I.B. account so that it is executed automatically.