This example build a TICK index with a custom symbol list. The advantage of having a custom tick index is it can be updated as fast as 1 second instead of exchange broadcast $TICK which update every 10 seconds, also with custom tick index calculation value will be based on your own symbol list instead of all exchnage traded symbols.
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This is a series of articles on how to use NeoTicker® with Interactive Brokers to receive data and place orders.
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NT Order Server for IB is a program that acts as a bridge between NeoTicker and Interactive Brokers’ TWS. It is both a data server (real-time and historical data service) and an order server (order placement and position management).
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The native symbology of Interactive Brokers (IB) is cumbersome and confusing. For this reason, NeoTicker® introduces a simplified symbology when you use IB as data feed.
Basically, a NeoTicker® IB symbol consists of the symbol itself, optional exchange and optional currency. When exchange and currency information is not present, NeoTicker® will fill in the information using settings in NeoTicker® Order Server. In another words, you will need to specify the exchange and currency for a symbol if it is different from the default.
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One of the strength of NeoTicker is it works really well with multiple monitors. As a trader, sooner or later you will wish you have more screen real estate. In fact, we have never meet anyone who switches back to using single monitor once they have tried multiple monitors.
NeoTicker® no longer requires you to install TWS API. This article is for reference only.
Once you have TWS installed, you should installed TWS API so NeoTicker® can receive data from TWS and place orders to it.
Note: It is extremely important that you use the correct version of TWS API. TWS API tends not to be backward compatible. In NeoTicker® download area, we specify the version of TWS API that matches that particular version of NeoTicker®. If you are not sure which TWS API to use, contact TickQuest Support.
Below are steps to download and install TWS API.
Once TWS API is installed, you can configure TWS to accept connection from NeoTicker®. Go to Enabling TWS to Accept Connections.
This article talks about how to configure NeoTicker® such that when you place an order, it is sent to IB for execution.
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This article tells you how to installed Interactive Brokers’ Trader Workstation Software (TWS) on your computer. NeoTicker® can use TWS both as a data feed, and can place orders to IB through TWS.
By default, TWS does not accept connections from outside programs. This article tells you how to enable TWS to accept connection from NeoTicker®.
Java Runtime Environment (JRE) is required to run certain software, such as Interactive Brokers’ TWS. Interactive Brokers website is not very clear on how to get this done. So this article talks about how to get JRE installed.