GSB Forums

TS to Interactive brokers link

admin - 8-11-2021 at 01:01 AM

Ive considered releasing IBLink for years, due to high demand but have decided againist it due to too much support required. It was released to one test user who did a lot of documentation, but im not intending to sell any more copies.

As for alternatives, users are welcome to put there experiences in this thread.

admin - 8-11-2021 at 01:01 AM

Here is one experienced traders comments.



I used
https://trade-commander.com/en/produkt/tradestation-and-inte...

It can trade multiple TS strategies on the same symbol at the same time. It does however require TS code to be adjusted. Everything you want to do with TWS is a DLL call in TS, like sending the order, adjusting the price, checking the status, cancelling it. Added latency is about 2ms.

The developer is located in Berlin and was very responsive when I needed him.

BlackBox - 8-11-2021 at 05:29 PM

I use NinjaTrader 8.0.22.2 and IBGateway 973.2h both as bridge to IB
These are the latest versions with which you don't need to login every day again. (as far I know)

admin - 8-11-2021 at 05:33 PM

Quote: Originally posted by BlackBox  
I use NinjaTrader 8.0.22.2 and IBGateway 973.2h both as bridge to IB
These are the latest versions with which you don't need to login every day again. (as far I know)

Did it work reliably?
Assuming it does, I still dont expect it to cope with simultaneous long and short order.

BlackBox - 8-11-2021 at 05:58 PM

Quote: Originally posted by admin  
Quote: Originally posted by BlackBox  
I use NinjaTrader 8.0.22.2 and IBGateway 973.2h both as bridge to IB
These are the latest versions with which you don't need to login every day again. (as far I know)

Did it work reliably?
Assuming it does, I still dont expect it to cope with simultaneous long and short order.


Yes, it works reliable, btw I run IBGateway separate from NT as a High priority task and has a affinity to 2 separate CPU cores.
I experienced in the past when NT had a problem IBGateway also stopped.

Indeed, it doesn't cope with long and short order on the same symbol. It can't run multiple strategies on the same symbol. That's why I still need TradeStation too.

Daniel UK1 - 9-11-2021 at 07:19 PM

After doing extensive research about the crossing order issue with IB i have come to the conclusion that only way to solve it, is to use one long account and one short, and run same strategy in two versions, long and short. This way all this is resolved.

MC to IB and tools in-between requires 10k plus for MC api to be acquired for them to open it up, could be worth to pay for that, but still missing any alternative to IB link. Trd commander is not really a alternative in that sense.

admin - 9-11-2021 at 07:28 PM

@Daniel, thats a crude but effective idea. Agreed its likely the best solution unless your willing to make some very complex alternatives.

Daniel UK1 - 11-11-2021 at 06:47 PM

I have since about 6 month started to execute execute large equity portfolio strategies, that is not possible to handle in MC or TS, as in trading thousands of symbols intraday with multiple strategies combined, in a platform called tickblaze.com
its a large step above MC and TS but still not fully institutional though so yet affordable, and can handle large portfolios of strategies in combination, and would be able to solve most of the quirks that MC and most likely TS have.
C# or Python scripts

Just a tip for people looking for better and much more reliable execution.
And features such as keeping track of your existing positions and orders and syncing them up perfectly to each strategy when restarting server..

However, still need MC for GSB strategies though .. until GSB can output generic C# :)

admin - 11-11-2021 at 06:54 PM

thanks for the comments. It will be a long time till more languages are supported, but it will happen. Many years more work to be done on GSB still

COSTS

Yishke - 2-1-2022 at 11:35 AM

Quote: Originally posted by admin  
Ive considered releasing IBLink for years, due to high demand but have decided againist it due to too much support required. It was released to one test user who did a lot of documentation, but im not intending to sell any more copies.

As for alternatives, users are welcome to put there experiences in this thread.


Hi,
How much it should be cost?

admin - 2-1-2022 at 05:54 PM

I will not sell IBlink, regardless of cost. You need to look at alternatives. IE Multicharts, Ninja trader etc, TS international etc. or trade with Tradestation.
I have a product under testing which replaces the TS execution engine in TS, but still trades at TS. My product is more powerful and more reliable that TS automation.

Yishke - 3-1-2022 at 02:36 AM

Quote: Originally posted by admin  
I will not sell IBlink, regardless of cost. You need to look at alternatives. IE Multicharts, Ninja trader etc, TS international etc. or trade with Tradestation.
I have a product under testing which replaces the TS execution engine in TS, but still trades at TS. My product is more powerful and more reliable that TS automation.


TS can't work on global exchanges, so a tool that connect TS to IB is needed

jasonp - 11-1-2022 at 10:34 AM

Just to put my experiences here. I have been autotrading for over 10 years.

I now use Multicharts to Interactive Brokers using Tradestation as my data feed. I connect to IB using IB Gateway. I start IB Gateway using IBCAlpha as a task in task scheduler. If the gateway closes unexpectedly task scheduler starts a new instance. The gateway is also forced to shut down every night by IB and the restart option is unreliable so scheduling a task to restart gets around this problem.

I run multiple accounts using multiple instances of IBGateway with no problems.

I use Multicharts portfolio trader. Its great for modelling a portfolio of systems and running those systems. Find it stable. The Money Management signal is great to decide which system to trade at portfolio level and how many contracts to trade per system.

I also trade a few systems on my tradestation account to avoid paying their platform fees.

Cost wise I have had to buy a Multicharts license and my server is larger than I would need if I was just running Tradestation but IB commission are lower than Tradestation anyway.

I am always interested in new options and Peters TS automation sounds really interesting.

admin - 12-1-2022 at 10:36 PM

I have done the first draft of the TS automation combined with alertmon documentation.
I will setup a demo copy of TS on a sim account for people to have a play.

documentation is here
https://trademaid.info/gsbhelp/TrademaidAutomationforTS.html

admin - 12-4-2022 at 10:30 PM

Tradestation Automation has had lots of updates, including
ability to track your slippage for every system and entry / exit mode used
Documentation updated. Shows you how to get the Session end time, regardless if the chart is in local or exchange time.
Numerous small refinements
Exit at your eod of day close + x ticks (to improve limit fill) changed to market order of not filled after y seconds.
https://trademaid.info/gsbhelp/TrademaidAutomationforTS.html