IB's accumulate/distribute
Posted: Mon Apr 27, 2009 10:35 am
IB added a couple new(to me) tools in the last update.
I used the accumulate/distribute for a futures and options order today, an impressive function.
lots of variables available, my favorite on the options side being an implied volatility condition.
for a simple futures order in a thin market, you can set it to buy 2 lots every few minutes(or seconds or hours) 5 ticks above the current bid, or if large size comes up you can set it to be filled right away. great stuff.
its listed under trading tools.
I used the accumulate/distribute for a futures and options order today, an impressive function.
lots of variables available, my favorite on the options side being an implied volatility condition.
for a simple futures order in a thin market, you can set it to buy 2 lots every few minutes(or seconds or hours) 5 ticks above the current bid, or if large size comes up you can set it to be filled right away. great stuff.
its listed under trading tools.