Pair Trading Strategy Journal

Quote from total_keops:

¸
Walt, for the take profit you dont need to write code or any macro. Some simple formulas in Excel could do it. if you use the IB Excel API sample.
....And, youu need the TWS openned all day on the computer, therefore, you can't access the account from somewhere else.
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I'll check the IB Excel API sample. Thanks.
TWS is open through the trading hours as it is, so that's not a problem.
Walt B
 
Quote from waltbx:

I've read here before that the IB Combo Order will work with stocks, and I've tried it w/o success. I've also read the TWS helps and I can't enter stocks into a Combo Order. Options only. If you can make it work, would you give me a brief tutorial? Can it be set to activate an order when a ratio hits a mark?

Walt B
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I have tried to manually get the 'generic combo' to work with stocks. I can create the combo, but rarely get any worthwhile bid/offer prices on the instrument. Sometimes I have set limit orders on these combos, seen prices fall outside the trigger price, and yet not get the order filled. Very Unreliable. Stick the the stocks themselves, and code that way.

Adrian
 
Quote from waltbx:

I've read here before that the IB Combo Order will work with stocks, and I've tried it w/o success. I've also read the TWS helps and I can't enter stocks into a Combo Order. Options only. If you can make it work, would you give me a brief tutorial? Can it be set to activate an order when a ratio hits a mark?

Walt B
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I use the combo order everyday with good success.

Best way to create a combo is to drag each stock from the main screen to the combo window.

You can create ratio orders although you must use whole numbers. You cannot say buy 1.5 of stock A and sell 1 of stock B. You must say buy 3 stock A and 2 stock B.

And you can create limit orders which will execute when your predefined price is reached. You can even set alarms on a combo order, but there is a TWS bug that causes you to re-enter the alarms every time TWS is started.

In fast moving markets, like at the open, the combo order can be slow in executing even if your price has been reached. At most other times it works pretty well. BTW, I have submitted conventional Market orders at the open that have taken minutes to execute so the problem is not exclusive to Combos.

Don
 
make look at:

-GIS
+PEP

1:1

probably pass because not know where is ratio, if it far away from mean.

finviz and gummy say GIS go far away from PEP, but maybe not too much
 
Quote from waltbx:

Hmmmm. Must not be, as I directly OWN the software sold to me (and it has made me thousands!) A ponzi works differently. My continuing profit does not rely on the need to find new investors.
You might instead dog medicare and social security in the USA, however. Those are government backed ponzis that are worth mentioning.

Walt B
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So whats the link to your site then ?
 
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