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IBC Alpha to avoid TWS daily shutdown


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IBC Alpha to avoid TWS daily shutdown

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  #1 (permalink)
Montreal, Qc, Canada
 
Experience: Advanced
Platform: NinjaTrader 7
Broker: Interactive Brokers
Trading: ETF
 
Virtuose1's Avatar
 
Posts: 53 since Jun 2011
Thanks: 138 given, 35 received

I am looking at a way to avoid to resart TWS everyday (i.e.: connected to NinjaTrader for autotrading) and just come across IBC Alpha, an tool available on GitHub.
Anyone has experience using it ? Is it safe and reliable ? Thanks

https://github.com/ibcalpha/ibc

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  #2 (permalink)
Hartford CT, USA
 
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Virtuose1 View Post
I am looking at a way to avoid to resart TWS everyday (i.e.: connected to NinjaTrader for autotrading) and just come across IBC Alpha, an tool available on GitHub.
Anyone has experience using it ? Is it safe and reliable ? Thanks

https://github.com/ibcalpha/ibc

I cannot say if it is safe or reliable, but I did take a look at it. It appears to be frequently maintained, relative to the "typical" github project. There seems to be a modest-sized community that is using it. The repo owner also originally wrote IBController, and forked that project to begin this one.

In combining this with Ninjatrader, you may potentially run into a problem having two programs (IBC and Ninja) that need to control TWS but require (now or in the future) different or conflicting TWS versions.

For more info you might want to peruse all of the open and closed issues and related discussion on github. You might also check the TWS API forum at groups.io. It's likely that most people using this program are doing strictly server-based algorithmic trading. But you may find other NT (or similar desktop trading platform) users who are having success with either IBC or the previous package. Also might be good to search the NT forums.

If you get a good vibe from the above I'd then suggest trying to get it running with your setup strictly using an IB Simulation/Paper Trading account. Or cut to the chase and do that first

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February 15, 2019


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