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Does Multicharts support multiple IB accounts?
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Does Multicharts support multiple IB accounts?

  #1 (permalink)
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Does Multicharts support multiple IB accounts?

I've been scrabbling around the MC web site but can't find if one instance if Multi charts can connect to multiple Interactive Broker accounts so my automated trading strategy will initiate trades at the same time with each IB account.

I assume that I need one TWS instance per account. I use IQFeed as the data source so MC would also need to connect to this, rather than use the IB datafeed.

Is this possible?
Thanks

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  #3 (permalink)
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Sorry I don't know the answer, but you can send a PM to @MultiCharts and Stan will answer, or you could email support <at> multicharts <dot> com.

If you find out please come back and share

I do know that with MC7 you can trade multiple brokers simultaneously, like IB+ZenFire, but it is not clear if you can do two IB's at once.

Mike

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You might try changing the socket port to a different number for the second account in TWS under Edit, Global Configuration, API and also in Multicharts. I'm thinkin maybe that's how it knows which instance it's connecting to.

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Yes, it's possible (File -> Broker Profiles -> Manage Broker Profiles): just create another profile for IB, with another machine, and another tcp port if needed.

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edit: this is for MultiCharts 7 pre-Alpha version, and not for the 6.5 !!!

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Last edited by sam028; December 19th, 2010 at 02:17 PM.
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Thanks, guys.

I still haven't got my hands on MC 7 pre alpha yet.

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David View Post
Thanks, guys.

I still haven't got my hands on MC 7 pre alpha yet.

Check your PM.

Mike

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  #8 (permalink)
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I have problems with 2 IB accounts with MDT

I have two accounts at IB - one is a retirement account but I am not using financial advisor account hierarchies or anything strange. Although these accounts are functionally the same, I do notice that IB TWS seems to default to one. In fact, although IB TWS can show a combined portfolio from both accounts, when I bring up Multicharts and connect to IB, TWS is only able to show one account - the default one. If I select the other, TWS forces the view back to the other.

If I connect Multicharts with one broker profile, I see both accounts in the order entry areas but the order and position tracker view shows only one. Similarly, the orders from both accounts are shown on the charts through the chart trader view but positions are shown for only one account, the one TWS defaults to for orders.

I have also tried setting up two broker profiles, one for each IB account and they both default to and show only the account that TWS defaults to.

I've spent some time with Multicharts support on live chat and although they say they've never tested Multicharts with mutiple accounts (except financial advisor account hierarchies) they are sure that this is an IB bug and they want me to try to get IB to reorganize my accounts in some other way. This seems like a disappointing response. It seems clear to me that Multicharts can handle multiple account from the same broker/connection in several places but not in others. That said, there may be TWS configuration problems/software bugs involved here somewhere. Basically, I have to put off my planned migration to Multicharts until these new features get worked out or change brokers.

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