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Open Feature request MC-2474

Adaptive Algo Orders - Interactive Brokers

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Description

Add support for Adaptive Algo order via Interactive Brokers. Interactive Brokers API supports these orders. You just need to add a few lines of code that we can send those via MultiCharts.

Adaptive Algo Market and Limit orders safe money comparing to typical market orders. NinjaTrader or other similar software have not yet added this quite new order type of IB. This will give you nice advantage against Ninja and looks good in marketing material.

Comments (3)
#1
user-offline.png  orad (orad)
Feb 20, 2019 - 03:02

Yes, please add this.

The Adaptive algo order type combines IB's Smart Routing capabilities with user-defined priority settings in an effort to achieve further cost efficiency at the point of execution. Using the Adaptive algo leads to better execution prices on average than for regular limit or market orders.

Adaptive Algo more info

Adaptive Algo API docs

#2
user-offline.png  Jones (jones)
icon_reply.pngOct 03, 03:21, in reply to comment #1

It has been now 1 year. Can we please have this order type added.

#3
user-offline.png  Jones (jones)
icon_reply.pngJun 15, 00:23, in reply to comment #2

It has been now 2 years. Can we please have this order type added.

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