Jump to content
Medved Trader Forums
  • 0
Sign in to follow this  
Jason

Using IB's algorithms in a trade ticket.

Question

Jerry, I know you responded to this already with a negative but I wanted to post this in the proper forum for feature requests since it would be much harder to find buried in the support forum in case you're ever willing to reconsider.

Ideally I would be able to select IBALGO Adaptive as the Default Route under Order Settings and there would a drop down menu selection box for either "Patient", "Normal", or "Urgent". Then in the order ticket window IBALGO would be selectable from the drop down list including SMART, et. al. For IB at least straight MKT orders can produce terrible fills. Often when I am trading I can be dealing with a considerable spread in a market where the price action isn't moving too quickly. The adaptive algorithm spends slightly more time trying to execute the order at a better price point within the spread whereas with the straight MKT order IB can send the order to execute right on the bid for a short or right on the ask for the long. Even if I make, say, $600 on the trade $50 or $100 lost in slippage is brutal.

Thanks for your responsiveness with all the issues/questions I've had.

Share this post


Link to post
Share on other sites

0 answers to this question

Recommended Posts

There have been no answers to this question yet

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Answer this question...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

×
×
  • Create New...