Mechanical System program

cdnPATRIOT

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I'm looking for a program for Interactive Brokers that will submit a market buy order if a certain volume is achieved prior to 11:30 am on a particular stock. Other conditions at the time of the volume parameter is met include positive MACD, stochastics over 75, up from previous close and must not have gapped up over 5%. An immediate stop loss of 2% must be placed and a sell order should volume not exceed a certain amount by the end of the day.

Any recomendations?
 
Probably Ninja trader is the best option if you are using IB.

Certainly, it'd be a pain in the ass to use Tradestation to execute on IB but Tradestation would be a good platform to test this out.
 
I think you can program this with their API. Check their custom solution/vendor section and you will find all companies that offer add-ons and programming services.
 
I'm looking for a program for Interactive Brokers that will submit a market buy order if a certain volume is achieved prior to 11:30 am on a particular stock. Other conditions at the time of the volume parameter is met include positive MACD, stochastics over 75, up from previous close and must not have gapped up over 5%. An immediate stop loss of 2% must be placed and a sell order should volume not exceed a certain amount by the end of the day.

Any recomendations?

You might want to look at Amibroker. This is a relatively cheap option with a one-off price in the low hundreds. It has an API with Interactive Brokers.

However you will need to learn their high level language to code in your requirements.

Charlton
 
hey cdnPATRIOT,

Do you know how to program? IB offers an interface in Java, C++, and a couple others. The documentation on it is good on some areas and crappy on others. If you're interested in programming using their interface let me know, I can probably help.

Also, if you program in some higher level language like Python or Perl, then there are still ways of using their api from those languages.

Nelson
 
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