hai Lathron
I just found this toppic saw your idea.
about a year ago a thought about something the same!
This is a (rather poor) drawing of it...
Don't pay attention to proportions.
It's a hollow bamboo shaft.
The arrow fits in. There's 3 slides sawn in for the feathers.
The green pin by it self tends to get out of the shaft due to the green leaver.
The red cord arroud the stick(just under the feathers of course) is held in place by the blue pins and hops over the one on the right. This cord is attached to the pin and when pulled down with your index finger while going underthrough the yellow "sort-of bridge", pulls the green pin in to the shaft to hold the arrow.
The dart/arrow has a carved-out ring or hole at the end that fits the pin.
When you swing the stick you can release the dart by pointing your finger...
or so was the idea.
I never tested it.
it just came up some day, but seamed too complex compared to a atlatl wich I started to make first.
If this idea might help you further, your free to use it...
I'm curious how it will turn out to be!
Good luck,
Sander