TWSLink - universal plugin to trade an InteractiveBrokers account

Hello,
TWSLink version 1.1.0.4

http://www.trade-commander.com/twslink/twslink.htm

is available for download

http://www.trade-commander.com/download/download.htm

release notes

http://www.trade-commander.com/twslink/relnotes.htm

samples

http://www.trade-commander.com/twslink/twslinksamples.htm

forum
http://tech.groups.yahoo.com/group/twslink/

a MetaTrader EA is contained as well

 

What is it good for?

 

it is thought to trade IB from

Excel
TradeStation
eSignalEFS
AmiBroker
WealthLab
MetaTrader
MultiCharts
Perl
Python
etc...
or what ever can use DLL or COM.

 

Does TWS have to be running for TWSLink to work?

 

yes.
TWSLink -> TWS -> IB -> Destionation

since TWS runs on the same machine there is no nameable
lag of time.

TWSLink uses prop. API
TWS uses FIX or something simliar

 

Why does one need TWSLink to trade an IB account if TWS is already running?

 

Because a lot of people like to use other platforms instead of TWS. A lot of people use automated/semiautomated strategies and just feed it to TWS to trade.

 

if TWS has all features you need for your trading,
there is no reason to use TWSLink (of course)

but assume, you like using Excel, TradeStation, AmiBroker,eSignal
or any other favor application or script or programming language. can you place trades from those platforms to InteractiveBrokers,
or getting account information or market data ?
normally not.

TWSLink links your favor application with an IB account
and this without to much coding efforts thus keeps
your strategy code transparent.

if you decide to change your favor chart or autotrade
application, you can still use TWSLink to place your orders
with nearly no change of your code (except syntax of new env.),
as long your new application can use DLL or COM.

TWSlink implements all features of API 9.3 and much more.
not just placing simple LMT or MKT order.

short:
if you have a trade robot on one side and an IB account on the
other side and no bridge between (with all features you need), then
TWSLink is a solution

 

What do you mean by "if you have a trade robot on one side"? If one has a trade robot then he has already a program that sends trades to IB, hasn't he?

 

a very good question.

ok, well, depends on defintion. replace trade-robot by signal server, this may answers your question ?