Does anyone offer off-the-shelf stock trading algos that can be used with IB API? E.g., TWAP, VWAP, and other more creative algos with customizable parameters. I already use IB's own algos, but there are only 5 of them, and they are not very customizable.
There are many software programs that are designed to work with the IB API. See their marketplace: http://www.interactivebrokers.com/e...ultants.php?accept_disclaimer=T&ib_entity=llc
Not looking to build my own systems, but rather get a pre-built suite of execution algorithms. Nothing listed there looks promising.
Likely, you may already know this, but there are some excellent firms who provide diy type"templates" that help you build/customize your own algo's. I suppose it depends upon the individual proficiency levels of prospective users and how committed they might be in doing the ongoing maintenance to ensure they stay optimized.