Problem with IB fx execution  [SOLVED]

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vahalla
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Problem with IB fx execution

Postby vahalla » 10 Dec 2014

Hi all,

I'm currently using TS data for fx strategy calculation and trying to get IB for trade execution. However, I keep getting "The price does not conform to the minimum variation for this contract" even though I'm pretty sure I edit all the necessary input for the quote manager. I suspect since all my orders are explicit numeric (eg. 1.13133), IB rejects it because its min movement is 0.00005.

So how do I resolve this issue? Twitch some settings in MC or have to round up/down my orders to the nearest 0.00005?

Any help would be appreciated.

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Henry MultiСharts
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Re: Problem with IB fx execution

Postby Henry MultiСharts » 11 Dec 2014


vahalla
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Re: Problem with IB fx execution

Postby vahalla » 11 Dec 2014

Hi Henry,

I have tried step by step and I'm still getting the "Price does not conform to the min price variation for this contract."

1. I have removed all the previous symbol mapping and reapply the new symbol mappings.
2. Reapply new charts and strategy.

My settings for IB

Price Scale: 1/100000
Daily Limit : 1
Min Movement: 5
Big Point Value : 1

My setting for TS

Price Scale: 1/100000
Daily Limit : 1
Min. Movement: 1
Big Point Value: 1

Please let me know if there's anything I've missed out. Thanks.

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Henry MultiСharts
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Re: Problem with IB fx execution

Postby Henry MultiСharts » 11 Dec 2014

TS instruments should be configured the same way IB instruments are configured.
I.e. Min. Movement for this TS instrument should be set to 5.
After that is done you need to re-do the mapping.

vahalla
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Re: Problem with IB fx execution

Postby vahalla » 12 Dec 2014

Hi Henry,

It's working fine now. Thanks so much.

Just a quick question. Will this affect the TS inputs for strategy calculation or just the output only?

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Henry MultiСharts
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Re: Problem with IB fx execution  [SOLVED]

Postby Henry MultiСharts » 12 Dec 2014

vahalla, this affects the strategy output only.

vahalla
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Re: Problem with IB fx execution

Postby vahalla » 12 Dec 2014

All right thanks so much.


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