Chart Trading multiple IB accounts simultaneously

March 19th, 2013, 08:15 PM

Hey guys,

I need your help with finding a chart trading platform.

You see I am trading/managing 6 different Interactive Brokers accounts (different, not a Master + sub-accounts relationship) simultaneously and I need to find a platform, that would allow me to:

1) Initiate a position via CHART TRADER, which would replicate the entry orders and initial STOPs across all my Interactive Broker accounts (TWS)

2) Manage all my positions via single window CHART TRADER simultaneously (move STOP orders, move LMTs) meaning any ORDER MODIFICATIONs/CANCELLATIONs are replicated across all my IB accounts

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I am currently using Ninja Trader to achieve point 1) but cannot do both 1) and 2), have to manually move the STOPs in each separate IB TWS which is a bit tedious especially when I use some of the very fast intraday momentum strategies.

Do you guys know of any technical solution or platform that would help me achieve both points?

March 19th, 2013, 08:19 PM

Just use something like this:

vvMiniTradePanel

This is an experimental indicator that can enter and exit live positions. Use entirely at your own risk and with extreme caution! You have been warned, so don't blame me! I will not accept liability for anything!

By now most of you probably have …

But add a few more lines of code to submit orders across multiple accounts simultaneously.

Other option is to switch to a different broker that supports this natively on the broker side.

Mike

March 20th, 2013, 09:04 AM

thanks Mike for your suggestions, I will look at that if I decide to go Elite

still I would prefer a front-end platform to support it natively and will seek this soultion first, if available

eSignal has a nice chart trader but it wont send orders to multiple different IB accounts at the same time.

Dont know about Multicharts for example, it has a Chart Trader but dont know much about its capabilities.

Chart Trading multiple IB accounts simultaneously

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Chart Trading multiple IB accounts simultaneously