Settings to make IB data behave like TS
Settings to make IB data behave like TS
I am transitioning from using TS to using IB. When I add IB as a Data Source there are all sorts of settings that weren't available for TS, ie "Ignore bars with zero volume". My backtesting and forward-testing is all based on TS data. What settings should I use for the IB Data Source to ensure that it behaves as close as possible to TS data?
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Re: Settings to make IB data behave like TS
Hello ZaphodB,
The settings which are used as default in Interactive Brokers data feed configuration are the optimal ones. However, one should keep in mind that Interactive Brokers and TS are different data feeds and therefore, there might be differences in data. Also, historical data can sometimes be different from real-time for this data vendor.
For more precise historical data we recommend enabling the option Build Tick-based bars Using 1 Tick as shown on the screenshot. It will take a bit longer for the ticks to be received, although it allows more precision.
The settings which are used as default in Interactive Brokers data feed configuration are the optimal ones. However, one should keep in mind that Interactive Brokers and TS are different data feeds and therefore, there might be differences in data. Also, historical data can sometimes be different from real-time for this data vendor.
For more precise historical data we recommend enabling the option Build Tick-based bars Using 1 Tick as shown on the screenshot. It will take a bit longer for the ticks to be received, although it allows more precision.
Re: Settings to make IB data behave like TS
Great, thank you very muchHello ZaphodB,
The settings which are used as default in Interactive Brokers data feed configuration are the optimal ones. However, one should keep in mind that Interactive Brokers and TS are different data feeds and therefore, there might be differences in data. Also, historical data can sometimes be different from real-time for this data vendor.
For more precise historical data we recommend enabling the option Build Tick-based bars Using 1 Tick as shown on the screenshot. It will take a bit longer for the ticks to be received, although it allows more precision.