Automatic Trading

This is a discussion on Automatic Trading within the Techies Corner forums, part of the Trading Tools category; Originally Posted by bashatrader IB API reads excel files. If you output that way you can use IB and it ...

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Old Dec 5, 2010, 6:10am   #9
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IB API reads excel files. If you output that way you can use IB and it will cost you much less.
Hello Bashatrader,

Thanks, I'll keep that in mind. Sounds like the way to go.

Do you know if you can set up a paper trading account for testing prior to funding an account.

Marek.
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Old Dec 5, 2010, 10:54am   #10
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Hi Charlton,

this looks like its exactly what I need. Have you used it yourself?

Could be a nice little project for The Christmas holidays!

Thanks,

Marek.
I have an account with IB but I do not use the API. Instead I use Tradestation and its own language Easylanguage. The new version 9.0 is an Object Oriented Language based on C#. However I know that many people use the API to IB. For example some people do not use Tradestation 9 but use a standalone version called Tradestation 2000i and interface to/from IB.

In your situation I don't think Tradestation would be the appropriate tool because you have already developed your system in C# and just need a broker with which you can interface. TS is more appropriate for those who want to code in Easylanguage and also the platform fees are $200 per month if you do not trade in sufficient volume.

IB will probably work out cheaper for you. By the way you might also like to consider using their datafeed instead of Telechart. There's lots of info and manuals on their site if you look around and they also have a London office.
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Old May 4, 2011, 6:07am   #11
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Is there anyone here that can create an Ea with my trading techniques. Stop loss and take profit must not be visible to the broker. It should include risk management, trade management and security. If you can kindly email me and lets discuss.
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Old May 4, 2011, 6:07am   #12
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Here it is llncforex at gmail dot com
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