I am trying to daytrade single name stocks with IBKR as my broker and was wondering if anyone had good recommendations on software to use for L2 trading as well as T&S. I have noticed they don't integrate well on market depth and the basic Time & Sales is laggy if not outright broken.
AFAIU, the L2 feed that IB provides through their API is very much different (and a lot less) than what they provide in TWS. If the third-party software uses the API to get the L2 feed from IB, the quality of the L2 feed would be bad. That said, depending on the software, you may be able to get the L2 (and L1) feed from a source other than IB, while trading in the software through IB.
I have used Dastrader extensively and a little bit of Medved Trader. Dastrader is excellent, Medved seems decent but I never traded with it, just tested it