Hi, I have heard there maybe some compatibility issues between IG and IB scripts, can you elaborate, sorry if you’ve already answered this question, I don’t find this forum very easy to find things in
@Morpheous,
I will give you a perhaps unexpected twist on compatibility issues :
If you’d do all you can for covering broker outages (so to speak) then you’d see that you have say 40 issues covered for IG and 40 for IB. This is all about do’s and don’ts and what to expect from high volatility hours and PRT’s communication with the brokers and vise versa. Sadly, those 40+40 issues have a common denominator of only 5 or so. This means that when you’d have all running with IG, you can start all over for IB and cover for 35 new issues there.
New in the mix is the influence of ProRealTime herself, who bluntly applies new rules so your bloodily designed systems – especially to cover for issues, were all in vain.
Currently this is in order for PRT-IB, over which ProRealTime has more power than PRT-IG.
It is interesting to notice that – and it is only one example – AutoTrading with Forex is not allowed any more for PRT-IB. Ah, you did not notice ? … that is what I mean … that is interesting. It probably means that nobody is using it for real but it also means that nobody tells you.
Is that a compatibility issue with PRT-IG perhaps ? I thought it is !
It is full with these kind of issues. But they are in a very different realm than you expected. If you don’t run into them (like not using Fx for Autotrading) then all is fine. But how can you tell in advance if the rules are changed behind your back ?
I’ve received some conflicting information, does the IB integration support forex ? I’m currently in the process of opening an IB account
A long list of new instruments available with automatic trading:
Anything for APAC players Nicolas?
IB integration support forex
Do you mean by integration … anything different than PRT used with broker IB.
If No, then @PeterSt states / is convinced that Forex trading with PRT has been withdrawn / stopped by IB.
If you ask IB then let us know what they say.
JSParticipant
Senior
I know what they (IB) will say: you can trade forex with our FX -futures…
JSParticipant
Senior
@PeterSt
Here is my “inside” information:
What instrument can be traded automatically with ProOrder with Interactive Broker?
- All Forex pairs: Maximum 200k / Spot Gold & Silver: Maximum 80k
Margin ~€1500-2000
Cost min $2/order
UPDATE: 27/03/2024
We have just authorized the following futures (Forex pairs) for auto trading at IB:
- AUDUSDXXXX
- GBPUSDXXXX
- CHFUSDXXXX
- CADUSDXXXX
- NZDUSDXXXX
Are you sure you understood correctly that these were Futures contracts that you can now trade in automatic trading via ProOrder at IB? 🙂
Hi!
Here you have the list (updated 11-06-24)
Is that all? no USDJPY for example?
Hi, how is your trailing stop sent to IB? In my backtest I have a stop loss and a trailling stop activated, still trying to figure out how it is backtesting this combo. is that posible in live trading? I backtested with tick resolution I trade MNQ how realistic is the backtesting? thanks
The SET STOP TRAILING instruction is not yet compatible with IB account through ProOrder, even if that works in ProBacktest. In order to use a trailing stop in your strategy, use one of the soft coded solution you can find in forums.
Thank you Nicolas, so you are sure the backtesting is accurate? Because your trailing stop is like magic powder. In backtesting please explain what happens when my Stop Loss is at 20 points and my Trailing stop loss at 6 points. Because adding the S.L. made my % trades much higher and I have my doubts. Thanks
