IB trading platform is frozen again this morning

Quote from zdreg:

IB allows u to revert to earlier versions of their product.. I don't agree with your implication that improvement to IB's trading program are a waste of time. for me it is a win win situation as they do improve performance.

IB allows u to revert to earlier versions of their product..

It's so nice of them. Thank you IB.


as they do improve performance.


What RELEASE NOTES are you referring to?
 
Quote from J.P.:

I concur (but I'm, at times, equally annoyed at some of IB's programming issues). I just started using IB's Accumulate/Distribute algo. It can accomplish a lot more than it appears to at first glance and you can run multiple instances on the same and/or multiple symbols with a variety of conditions. So it was complex enough to replace my automatic trading system. That relieves me of most connectivity and outside program issues as it runs on the server side. For me, that was a big deal.
Well, it seems I spoke too soon. Apparently the A/D algo stops when your Internet connection is down or you close TWS. I had assumed it was operating like the other TWS orders; i.e., once the orders are placed or a Conditional order is set, your connection can go down or you can close TWS and they will continue. But for inexplicable reasons IB's A/D algo does not appear to be operating from the IB server even though it is part of TWS, and that's very disappointing. If anyone has any additional insight into this it would be appreciated.
 
Quote from Catoosa:

OldTrader,
Thank you for your reply and suggestions. I have used Ensign and Sierra charts and I really did not find them up to the RealTick charts I used for many years. I tried Quotetracker and liked it better than the RealTick and quit using RealTick even though RealTick was free for me. QuoteTracker is free with my TDA account. I use Quotetracker for stocks; However, I do not think Quotetracker futures charts with IB data are adequate. Apparently it is the lack of immediate back-fill data for the futures tick charts that is lacking with Quotetracker when a new futures symbol is loaded. It seems that adequate IB tick back-fill is available for futures within TWS charts but not for futures charts using Quotetracker For futures charts I like TWS except the Java seems to use way too much of the processor resources. Ninja Trader may be a good solution for me but I have not tried it. I have also been considering ATrader but there again I would be depending of IB data and back-fill for futures.

You can get backfill on both Ensign and Sierra. So the comparison is between them and IB, not between them and RealTick. Youaren't using RealTick.

That said, I've been using Ensign now for several years, and am very satisfied. I chart both stocks and futures.

OldTrader
 
Quote from zdreg:

IB allows u to revert to earlier versions of their product.. I don't agree with your implication that improvement to IB's trading program are a waste of time. for me it is a win win situation as they do improve performance.

Not really, If only I can still use 2005 version, which is much faster than today's. Yep, they want you to upgrade computers for sure.
 
Quote from number22:

Not really, If only I can still use 2005 version, which is much faster than today's. Yep, they want you to upgrade computers for sure.


You probably don't believe that "they want you to upgrade computers for sure." Its just creep. Everything moves along within the limits of your "reasonably priced computer" and sooner or later the old clunker isn't good for much.

Same with IB. And you can use the old version until they finally have to change something at both TWS and server to deliver something that people "need." And then we get moved along.
 
You are right, A/D orders are unique in that they are managed by TWS and are deactivated when TWS closes, but we are currently working on moving the functionality to the back-end like all other algos.

Quote from J.P.:

Well, it seems I spoke too soon. Apparently the A/D algo stops when your Internet connection is down or you close TWS. I had assumed it was operating like the other TWS orders; i.e., once the orders are placed or a Conditional order is set, your connection can go down or you can close TWS and they will continue. But for inexplicable reasons IB's A/D algo does not appear to be operating from the IB server even though it is part of TWS, and that's very disappointing. If anyone has any additional insight into this it would be appreciated.
 
Quote from jeb9999:

IB's futures commissions are too high. Here is some cost perspective.

IB's unbundled commissions start at $4.70 RT and drop at specified volume breaks.

futuresbroker.com charges $3.80 RT with a choice of 4 free platforms (NinjaTrader, Strategy Runner, QST, or CQG Trader).

Transact Futures charges $3.76 RT with a minimum of 274 RTs a month.

Lightspeed Trading charges $3.30 RT with no volume minimum and $65.00 a month futures data feed charge.

If you do volume then search for the threads about Advantage Futures for very low rates after 2,000 sides.

If you will be doing low futures volume or will have inactive months, then IB is a better choice than brokers with specified volume/fee minimums.


Thanks for this very informative post !

+1

How good is Lightspeed for daytrading and what account minimums, daytrading margins ?
 
Quote from OldTrader:

You can get backfill on both Ensign and Sierra. So the comparison is between them and IB, not between them and RealTick. Youaren't using RealTick.

That said, I've been using Ensign now for several years, and am very satisfied. I chart both stocks and futures.

OldTrader

Thanks OldTrader.
It has been years now since I used Ensign or Sierra and I am sure their charting software has improved several fold. I will sure consider going back to one of them but last night I worked some more with QuoteTracker and IB backfill settings and I am very pleased with the results. I am now getting far better futures charts than I was getting with TWS charting. Closing the TWS charts and running the same symbols in QuoteTracker reduced the percentage of CPU use to 1/5 th. Java works great for the TWS order entry and trading platform but is a CPU hog for the charting.

Catoosa
 
I was going to comment that QT futures backfill with IB works fine and always has. You seem to have figured that out.

I believe its at 1 minute granularity but thats good enough 99% of the time.
 
New user of TWS in the last two weeks only trading index ETFS

1) May I ask what is "backfill" in relation to some add on working with TWS?

2) What do I do or add on to this TWS so that I can compete in the battle of trading when using this TWS? >>I go through the misery of bringing up an order form from the tabs above and then must type a symbol and then tell it that its a stock and not an option on SPY that I want to trade and then when I hit transmit must click another UNREMOVABLE window that is unhappy because I'm not using any data. Then if the order is executed its tough to get another order blank ready to get the stop loss in place. IT IS NICE HOW easily one can keep changing the stop loss price without going through all the above. Maybe I should be getting both order blanks ready before ever transmitting the buy order?
3) Man the price of execution is cheap enough c/w etrade and terranova to make it worth the misery though
 
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