IB API for bracket orders

Discussion in 'Order Execution' started by pismo10, Sep 22, 2008.

  1. pismo10


    Looking for an API for IB's stand alone TWS that can automatically place a limit and stop order as soon as I place/fill a trade.

    Any suggestions?

  2. pismo10


    Bracket trader won't do it, ironically. BT wont allow BE stops when target touched, just when filled (which by then i dont need a stop any longer...)
  3. rickty


    I pretty sure NinjaTrader can do this without much problem.
  4. pismo10


    Got Ninja, love it, thanks..
  5. pismo10


    Very flexible, can do almost anything. Nice DOM with lots of buttons. Pricey tho....
  6. sevensa


    Really? You think $50 a month is pricey? That is 1 ES point on one contract a month to cover that. If you trade 5 contracts, you cover that in one tick.
  7. pkts


    Perhaps Ninja has improved but when I looked into presending of all orders immediately they didn't allow for it. That was in Feb. I use Button Trader. It's the only front end I could find with the ability. Love it!
  8. pismo10


    Yes, I find it pricey to do something this simple (place an OCA bracket order correctly). TWS alone should be able to do it.