Fully automated futures trading

Discussion in 'Journals' started by globalarbtrader, Feb 11, 2015.

  1. Build 10.23.2a, but I don't think that it is Gateway that's causing this. I think it is taking place on the servers' side, making Gateway lose its connection. The reason why I think so is because each case happens at the exact same time, down to the second. My client software is not doing anything at that time, Gateway is at idle at that moment.
     
    #4241     Aug 8, 2024
    Kernfusion and blink18 like this.
  2. Spacious

    Spacious

    You could try configuring https://github.com/IbcAlpha/IBC which will relaunch the gateway when this type of problem occur. This what Im using and I dont have issue like this anymore.
     
    #4242     Aug 8, 2024
  3. Kernfusion

    Kernfusion

    actually yes, last couple of days my Gateway crashed in the middle of the night. I'm using version 10.19.2m, maybe I'll try to update it..
     
    #4243     Aug 8, 2024
  4. I did not mention it, but I *am* using IBC. However, when Gateway decides to shut down it will automatically take IBC with it. IBC can not "protect" Gateway in a situation like this.
     
    #4244     Aug 8, 2024
  5. blink18

    blink18

    @HobbyTrading what is the added value of using IBC nowadays, when 2FA is compulsory and you have to login at least once per week?
     
    #4245     Aug 9, 2024
  6. Indeed, I have been wondering that myself also. However, as I was already using it, combined with the "power of habit", I continue using it.
     
    #4246     Aug 9, 2024
  7. Spacious

    Spacious

    IBC is sending the 2FA to my phone and if im missing it will resend it 5 minutes later.
    And when IB gateway crash for some reason, my IBC task restart it.
     
    #4247     Aug 10, 2024
    Kernfusion likes this.
  8. Spacious

    Spacious

    Hi Newbunch,

    I'm also looking to cut down on the cost of my real-time quote subscriptions with IB, so I'm considering switching to the IB Adaptive Algo, like you mentioned.

    Out of curiosity, if you don't mind sharing—do you still maintain any real-time quote subscriptions with IB for an EOD trading system like Rob's? I’m thinking about unsubscribing from everything and relying on delayed market data for spread monitoring and hourly data collection. Thanks!
     
    #4248     Aug 14, 2024
  9. newbunch

    newbunch

    I still subscribe to the cheaper real-time quotes. The ones I pay for:
    CDE / Montreal = 7 CAD (for CORRA, CGF/CGB, and SXF)
    Korea Stock Exchange - $2.00
    Osaka - 200 Yen (~$2.00)
    Singapore - SGD 2.00

    IB also has "US Securities Snapshot and Futures Value Bundle" for $10 but is free if your commissions are over $30/month and "European Equities and Derivatives Display Value Bundle" for 12.50EUR but free with commissions of $35/month.

    I monitor the cost of my executions and, no surprise, I pay less when I have real-time quotes since I have a better idea of what spread I'll be paying. So each month, I estimate how much having real-time quotes is worth to me and decide whether to remove one of the above subscriptions or to add one I'm not currently subscribed to.

    What you should do depends on what you're trading and when you're trading. If you're only trading the most liquid instruments during so-called regular trading hours, you probably don't need real-time quotes. But paying a little for real-time quotes will help if you trade in overnight sessions and/or less liquid instruments.

    Sadly, many of the less liquid instruments that would benefit the most from RT quotes, like OJ for instance, are very expensive and not worth it unless you have a fair amount of AUM. As a result, my system knows that costs on instruments with delayed quotes will be relatively higher and accounts for that when deciding what to trade.
     
    #4249     Aug 14, 2024
    Kernfusion and Spacious like this.
  10. i have a question regarding standard deviation calculations. According to spreadsheet for strategy three in the book "advanced futures trading strategies" the standard deviation is 19%, but when using the mixed_vol_calc function from pysystemtrade i get 46%. I of course use the same data
     
    #4250     Aug 29, 2024