IB Front End?

December 17th, 2020, 02:49 PM

Hello all, when day-trading with IB/TWS, I sorely miss the multi-stage profit targets and ability to bring stop to break even.

I looked at Ninja's ATM and it does do all that, but I don't like the fact that I have to create a new ATM template for every stock that I trade - and I trade multiple during the day.

Is there another front-end that allows me to quickly set up visual bracket orders, like in IB, but with additional targets and allowing breakeven? Or am I missing a feature of IB?

Thanks in advance.

December 21st, 2020, 01:09 AM

Why do you think you have to have a separate ATM template for each stock? You can use the same template, but you might have to adjust the distance of the stops and targets, because it trades at a different price and volatility level, but you would have that problem with any instrument, not just stocks.

BTW, I use both NT and IB/TWS

December 21st, 2020, 12:41 PM

shodson

Why do you think you have to have a separate ATM template for each stock? You can use the same template, but you might have to adjust the distance of the stops and targets, because it trades at a different price and volatility level, but you would have that problem with any instrument, not just stocks.

BTW, I use both NT and IB/TWS

Thanks Shodson. With IB, I click buy and it springs a bracket order which I can quickly adjust, for any arbitrary instrument.

In Ninja, it seems like I have to go through multiple screens in ATM if I need to trade an arbitrary instrument, otherwise set up a whole bunch of ATM templates?

Thanks

IB Front End?

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IB Front End?