Execution Platform for Algo Trading Options on Interactive Brokers

MarketCoding

MarketCoding

I'm trying to develop an algorithm to do day trading of options in Interactive Brokers. I have yet to find a good execution platform for scripting trades for that platform and seeing the performance on the chart.

Please advise if possible.
 
When you DT options, make sure you count your orders. If you enter more than 390 orders per day on average over any month, your will lose customer priority, switch to pro-customer and have higher fees.
 
None with Interactive Brokers (IB),
I have used Thinkorswim (TOS) and am now testing Tradestation (TS). I am learning that the Easy Language (EL) in TS does not uses classes which is restrictive down the road. Also, IB is cheaper for options by about 30% over that of TS.

I've considered Sierra Charts but there are no videos or even screenshots and they recommend spreadsheets for doing the automation. This seems antiquated to me but I might still try it.
 
Robert, thank you.

Your's looks like a possibility but is even more expensive than TS if you consider the minimum per trade commissions.
 
MarketCoding said:
C# but might give R a try. I think it's going to depend on which platform is used the most to do execution with IB.
More...


Get thee to IB's webinar page, hit the API tab, and have a look around. There is also a new, IB sanctioned Python wrap of C++ (POSIX) on which there is a webinar and Youtube vids, in case it's not obvious. As well, there is an R wrapper (Java?) and a popular IBPy (Java) wrappers out there.
 
You must log in or register to reply here.
Back
Top