Introduction
IBCharts is a real-time charting application that uses Interactive Brokers
Trading Workstation (TWS) to receive market data. You can use stocks, options,
futures, futures options, indexes and currencies as data sources. The charts are
highly customizable, supporting various types of charts and technical
indicators. The ability to use separate workspaces allows you to better organize
your charts.
Requirements
- an account with Interactive Brokers including market data subscription
- Interactive Brokers Trading Workstation installed and running
Startup
To allow IBCharts to receive market data, check "Configure->API->Enable
ActiveX and Socket Clients" menu item from TWS. Ensure that IBCharts uses the
same socket port as TWS, found in "Configure->API->Socket Port ...". You can set
this port for IBCharts in "IB->Connection setup" menu. Also, if you use multiple
clients for TWS, ensure that everyone uses a unique Client ID. By default, at
startup IBCharts automatically connects to Trader Workstation. You will be
prompted by Trader Workstation with a popup dialog "Accept incoming connection
attempt?”. Click “Yes” to accept the connection.
You need to add to the "Securities List" all the securities for which you
want to see the charts.
Trading hours
You can set the trading hours for a security in "Security list", or for a
chart in “Chart properties”. The time period set in "Security list" is the
period during which the application is storing the data history. The trading
hours for a chart is the period for which the chart is working. For example, you
can store history just from 9:30 to 16:00 but still see after hour charts.
If you do not set the trading hours for the chart in "Chart properties", then the
chart will take the trading hours of "Window security" from "Security list".
In the sample configuration file that came in the installation kit, the trading
hours are Monday to Friday, 24 hours a day, because users from different
time zones receive market data at different hours. To avoid storing unnecessary
after-hours data, it is recommended to set the trading hours for every security
according to the Exchange operating hours. For example, if you live in Western Europe
and you want to trade a NASDAQ security, you should set the trading hours from 15:30 to
22:00.
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