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::* '''Use MarkPrice for Trades'''.<br> This option affects the realtime data for Stocks and CFDs and matches the price values with the TWS.
To connect MultiCharts to Interactive Brokers (IB) data feed, it is necessary to have IB software installed and running on the computer.
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When the connection is configured correctly, MultiCharts launches IB software automatically when data is requested. IB has 2 applications that can be used for connection to connect MultiCharts to IB:
# IB Trader Workstation (requires 1 logout per 24 hours).
# IB Gateway.
<div style="background-color: #E3FBE5;">'''Note''': Java version 7 is strongly recommended for IB software to work correctly.</div>
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Though there is a choice between web-based and standalone version, standalone version is recommended to use.
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To download IB Trader Workstation and IB Gateway, follow this link: https://www.interactivebrokers.com/en/index.php?f=14099#tws-software
# Set the Port (Socket port) number to the same value both in IB Gateway and IB Broker Profile in MultiCharts. <div style="background-color: #E3FBE5;">'''Note''': By default in IB Gateway '''Socket port''' number is '''4001'''. In IB data source in QuoteManager default '''Port''' ('''Socket port''') number is '''7497'''.</div>
# Add '''127.0.0.1''' to '''Trusted IP Addresses''' or check the '''"Allow connections from localhost only"''' box (only if Gateway is running on the same PC). If Gateway is running on a remote PC - you should specify its IP address.
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<div style="background-color: #E3FBE5;">'''Note''': If TWS/Gateway current language is set to any language except English, it is required to enable the option that means “Send API messages in English” in API settings.</div>
==To set up Interactive Brokers data feed connection:==
# In the '''QuoteManager''' main menu select '''Tools''', then click '''Data Sources''' and click on '''Interactive Brokers'''.
# In the popped up window choose whether you have a '''standalone''' version installed on your PC version of IB TWS / IB Gateway or a '''web-based one'''. ''Standalone version is recommended to use''.
# Click '''Ok'''.
# Once you clicked Ok, the Interactive Brokers Data Feed Configuration window is opened. It is recommended to use default settings.
:* '''Connectivity''' section.<br>Make sure the '''Server IP Address''' and '''Port''' numbers are correct.<br>IB TWS can be launched automatically by MultiCharts on attempt to add a symbol from IB data source; once a chart, DOM, Market Scanner window with IB instrument is open. To enable this option check '''Launch Trader Workstation at start''' box.
:* '''Notifications''' section.<br>
:::* '''Show Error pop-up Alert'''. Enable Check this option box to display error pop-up messages related to the data feed connection.:::* '''Show Pacing Violation pop-up Alert'''. Check this box to receive notifications about hitting Pacing violation (see [[Interactive_Brokers_Pacing_Violation|Interactive Brokers Pacing Violation]]).:::* '''Show Delayed Data Alert'''. Check this box to receive pop-up messages about delayed data on the chart.
:* '''Historical data''' section.<br>There is no need to reconfigure settings in this section. It is set up by default. Advanced users can check/uncheck the following options.
::* '''Download historical data.'''
:::* '''Regular Trading Hours'''. Check the box to have standard trading session for daily-based charts.
:::* '''Do not Don’t request ticks Tick data for the intervals that has with no minute Minute data'''.<br>If the box is checked, MultiCharts assumes that the interval that has no minute data from server also doesn’t have tick data.
:::* '''Filter bars with zero volume box'''.
:::* '''Filter bars with zero price box'''.
::* '''Build Minute-based Bars Using:''' either '''1 Minute''' or '''15 Minutes''' data from IB servers.
:* '''Real-Time Data''' section.<br>'''There is no need to reconfigure it. It is set up by default.'''
::* '''Use server timestamps'''.<br>Time of Include "Unreportable Last" Trades is taken from IB servers. Does not apply to Ask and Bid data for Forex symbols. It is not recommended to check this function to avoid potential problems with session settings and missing bars on chart.::* '''Generate a new tick if total volume changes'''.<br>Turn on Check this function if you need total volume option for the session. By default it is turned on. When turned on, the Trade Tick Volume = current TotalVolume – previous TotalVolume. This option also helps small size transactions (less than 1 lot) to avoid spikes coming from IB API in real-time feedbe included.
::* ''' Generate a new Tick with Zero Volume upon DailyHigh (DailyLow) update'''.<br>This option is enabled by default. If the discrepancy between DailyHigh (DailyLow) and IB real time data is detected, this option allows for the generation of a new tick with the required price and zero volume to eliminate the discrepancy. When this option is disabled, the discrepancy between DailyHigh (DailyLow) and IB real time data is possible.
:* Click the '''Reset''' button to restore default settings.
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