IB Suggestions & Improvements
- Thread starter Babak
- Start date
I was aware of the existance of bracket orders, but have always just set them up myself manually. As for what I'm really asking for, are you saying that if I attach a bracket order at the time of my original order entry, that the software will automatically detect how much of my original order was filled, and set my bracket orders for that same quantity, instead of just using the quantity that I specified for my entry order?
Greetings Def:
Don't know if this has been asked before, please excuse me if it has. I will like to know why IB can't list OI for options or futures.
Is there a good reason ?
Thanks !!
Don't know if this has been asked before, please excuse me if it has. I will like to know why IB can't list OI for options or futures.
Is there a good reason ?
Thanks !!
Did the bracket order this morning. Still doesnt do what I am asking. To best illustrate, here's another example using say, PNRA and random prices to illustrate my meaning.
I get a signal to buy PNRA.
I enter limit order to buy 1000 @ 70
(with auto stop attached)
When buy is filled, I want to buy another
1000 PNRA if it rises to 72, so I enter
stop-limit buy 1000 PNRA 72 stop, limit 72.20
(with bracket order attached)
The bracket order only covers the second purchase, and the software will not let me alter the amounts of the bracket limit or stop.
As it currently stands, if I do end up adding to a position, I also end up with two stops and two profit limits, each covering 1/2 the position.
Thats why I was asking for a quantity setting that just equates to "ALL" rather than a numerical share amount, so that I can enter the bracket order
and set it to liquidate whatever the number of shares I have accumulated when either side of the bracket is activated
Brought to mind again by the extra zero thing this morning, it would be nice to be able to get a display of only the significant digits of the item being traded, and be able to enter orders that way as well.
This could be done by allowing one to configure, in TWS, a custom multiplier, offset, number of decimals, and rounding method for quotes and/or order prices and/or positions and/or execution reports.
Examples of some things you could do with this:
8445 instead of 0.008445 for JPY/USD: Multiplier = 1000000, offset = 0, decimals = 0, round = truncate.
1920 instead of 1.1920 for EUR/USD: Multiplier = 10000, offset = 10000, decimals = 0, round = truncate.
8425 instead of 1284.25 for ES: Multiplier = 100, offset = 120000, decimals = 0, round = truncate.
842 instead of 1284.25 for ES: Multiplier = 10, offset = 12000, decimals = 0, round = nearest valid price.
84.2 instead of 1284.25 for ES: Multiplier = 1, offset = 1200, decimals = 1, round = nearest valid price.
84.25 instead of 1284.25 for ES: Multiplier = 1, offset = 1200, decimals = 2, round = truncate.
5790 instead of 57.9000 for CVX: Multiplier = 100, offset = 0, decimals = 0, round = truncate.
Getting rid of decimal points when dealing with fixed numeric values has long been known to improve speed and accuracy in both cognition and data entry.
This could be done by allowing one to configure, in TWS, a custom multiplier, offset, number of decimals, and rounding method for quotes and/or order prices and/or positions and/or execution reports.
Examples of some things you could do with this:
8445 instead of 0.008445 for JPY/USD: Multiplier = 1000000, offset = 0, decimals = 0, round = truncate.
1920 instead of 1.1920 for EUR/USD: Multiplier = 10000, offset = 10000, decimals = 0, round = truncate.
8425 instead of 1284.25 for ES: Multiplier = 100, offset = 120000, decimals = 0, round = truncate.
842 instead of 1284.25 for ES: Multiplier = 10, offset = 12000, decimals = 0, round = nearest valid price.
84.2 instead of 1284.25 for ES: Multiplier = 1, offset = 1200, decimals = 1, round = nearest valid price.
84.25 instead of 1284.25 for ES: Multiplier = 1, offset = 1200, decimals = 2, round = truncate.
5790 instead of 57.9000 for CVX: Multiplier = 100, offset = 0, decimals = 0, round = truncate.
Getting rid of decimal points when dealing with fixed numeric values has long been known to improve speed and accuracy in both cognition and data entry.
IBsoft, IB Salvatore, in unbundled pricing, how much commissions rate does IB's system deduct before calculating how much shares of XYZ can one purchase with a BUY LIMIT stock order sending through SMART router? Similarly, again in unbundled pricing, how much commissions rate does IB's system deduct before calculating how much shares can be bought with a BUY LIMIT stock order sending through ISLAND directly? Does TWS still always consider $0.005/per share commissions rate to calculate maximum shares to be bought ?
For instance, suppose one has $100000.50 cash or buying power in his account. If he has unbundled pricing schedule, will TWS let him submit a BUY LIMIT order of 1000 shares of XYZ stock at a limit price of $100 using either SMART or ISLAND?
For instance, suppose one has $100000.50 cash or buying power in his account. If he has unbundled pricing schedule, will TWS let him submit a BUY LIMIT order of 1000 shares of XYZ stock at a limit price of $100 using either SMART or ISLAND?