What is the best solution to:

[mustang8888]

Quote from gg69:

Hello,

I would like to know what is the best solution:

-To scan 250 american stocks in real time, have an alert when there is a signal and send orders
- The Time frame is 5min and 1 min
-The trading system has to be in a server and not in my broker
-Send orders to interactive broker
-big community for the language of programming
-If it is possible : the cheapest


Thanks in advance

I would suggest you take a look at Amibroker. It is a fantastic modeling tool for system trading and has an auto-trading interface for IB. Unfortunately it does only IB for now. If it could auto-trade with other vendors including forex it would be the best.
For what you want to do, check this out:
"# Automatic trading via programming interface (currently Interactive Brokers only)"
http://www.amibroker.com/features.html

mustang8888

 

[fullautotrading]

Quote from gg69:

Hello,

I would like to know what is the best solution:

-To scan 250 american stocks in real time, have an alert when there is a signal and send orders
- The Time frame is 5min and 1 min
-The trading system has to be in a server and not in my broker
-Send orders to interactive broker
-big community for the language of programming
-If it is possible : the cheapest


Thanks in advance

That's a common setup which has probably been replicated by users some million times.

Can do it yourself with IB api and any programming language (eg download c# or vb express, or use java if you like it).

Need multiple TWS running, as each one has a (more or less depending on capital) limit of 100 data feeds, I think.

(Each individual can have 2 accts)

That would be the cheapest. It costs 0 ... in money ) eheh.


Tom