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IB and trade mangement


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  #1 (permalink)
eloso
Spain
 
Posts: 6 since Nov 2009
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Any hint (software ¿?) as how to improve trade management wih IB.

I mean a software that takes care of placing brackets and several target objectives with IB (not keeping the orders in the Pc but in the broker) and changing them as predefined.


Thanks in advance.


ElOso


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  #2 (permalink)
 
Bookworm's Avatar
 Bookworm 
Long Island, NY
 
Experience: Advanced
Platform: TOS
Broker: Charles Schwab
Trading: Equities, index options and futures options
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Bracket Trader


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  #3 (permalink)
 aviat72 
San Francisco Bay Area
 
Experience: Intermediate
Platform: NT,TOS,IB
Trading: ES,CL,TF
Posts: 281 since Jun 2010
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buttontrader.com
Not free but worth every Euro. You can have Ninja Like ATM, multiple entries,exits etc.

I looked at Bracket Trader but it does not pre-attach closing orders to opening orders.


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  #4 (permalink)
 
sam028's Avatar
 sam028 
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Posts: 3,758 since Jun 2009
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@eloso, why not NT, as in your profile, it looks like you already use it ?
With an ATM strategy, and IB, the orders are not staying on your machine, there are on the IB servers, and the targets/stops, if they are updated, are updated on IB servers too.
I've tested the other software, buttontrader and bracketrader, and found NT was better for this.


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Last Updated on July 10, 2010


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