Can execution paramenters for IB be determined by another data feed using MW Pro?

9hours

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Mar 15, 2021
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Hi everyone.

I am looking to set contingent orders with IB using an alternative data feed. Currently I use IB for execution and Rithmic for data feed.
So given that I use MW Pro, can I set the conditions in the Rithmic connection and then have IB act on those conditions and execute the orders?
In other words could WM Pro can be used as a surrogate between the data feed provider (Rithmic) and the broker (IB)?
Rithmic Data Feed Execution by IB using MW as a Surrogate.png
 

ScottyA

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Aug 1, 2019
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Hey @9hours Welcome to MW. Nice chart and very well thought out. I am on the Ultimate Edition, so I cannot speak to MW Pro. But I can at least tell you that it is possible.

R-click on a chart using Rithmic, and select: Edit Instrument. Under the "Connections" tab, select Add, and configure the IB setup. See here:

675

Be sure that however you execute trades (DOM, chart, Trade Panel, etc.) has the proper IB account selected.

I hope you're able to get this configured. IB data is awful for Futures!
 
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