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* To connect MultiCharts to Interactive Brokers (IB) data feed, it is necessary to have IB software installed and launched on the computer.* <br>When the connection is set up correctly, MultiCharts brings up IB software automatically when data is requested. IB has 2 applications that can be used for connection MultiCharts to IB:
* <br>Though there is choice between web-based and standalone version, standalone version is recommended to use. * <br>To download IB Trader Workstation and IB Gateway, follow this link: http://individuals.interactivebrokers.com/en/control/systemstandalone.php?os=win&ib_entity=llc
* Enable Active X and Socket Clients box should be checked in IB TWS settings:
* '''IB API''' should be selected when one logins to IB Gateway.
* <br>To add an instrument manually or from data source, see [[Data_Sources_Overview#Adding_Symbol.28s.29_to_Symbol_List|Adding Symbol(s) to Symbol List]].
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# IB Trader Workstation. (requires 1 logout per 24 hours)
# IB Gateway.
==To set up connection in Interactive Brokers Trader WorkStation:==
# Click on '''Configure''' in main TWS window.
# Click on '''API''' section. Select '''Settings'''.
# It is recommended to add '''127.0.0.1''' to '''Trusted IP Addresses'''.
==To set up connection in Interactive Brokers Gateway:==
# Click on '''Configure''' in main TWS window.
# Click on '''API''' section. Select '''Settings'''.
::* '''Generate a new tick if total volume changes'''.<br>Turn on this function if you need total volume for the session. By default it is turned off. When turn on, the Trade Tick Volume = current TotalVolume – previous TotalVolume. This option also helps to avoid spikes coming from IB API in real-time feed.
:* Click the '''Reset''' button to restore default settings.
[[Category:Built-in Data Sources]]
