Hi traders,
I was trying to automate simple ideas in ib accumulate/distribute algo setting.
I liked the easiness of defining The conditions of execution in plain English rather programming, but couldn't do what I whant due to lack of conditions, for example
If position = 0 is not available, less greater than are available.
This is my condition.
If positions that i have =0, every minute Buy one contract of NQ
If loss more than 60$ reverse by shorting 2contracts at market.
Now I have one short contract, again if loss is 60$ then buy 2long.
It will keep doing it until a trend is found.
Then other conditions could be added.
I couldn't implement this with ib,because lack of conditions.
The question is , are there other utilities, software that will allow to formulate a strategy in plain English, and execute in ib?
Thanks.
I was trying to automate simple ideas in ib accumulate/distribute algo setting.
I liked the easiness of defining The conditions of execution in plain English rather programming, but couldn't do what I whant due to lack of conditions, for example
If position = 0 is not available, less greater than are available.
This is my condition.
If positions that i have =0, every minute Buy one contract of NQ
If loss more than 60$ reverse by shorting 2contracts at market.
Now I have one short contract, again if loss is 60$ then buy 2long.
It will keep doing it until a trend is found.
Then other conditions could be added.
I couldn't implement this with ib,because lack of conditions.
The question is , are there other utilities, software that will allow to formulate a strategy in plain English, and execute in ib?
Thanks.