API for Interactive Brokers to permit a MultiStep Trade.

I trade with Interactive Brokers and Amibroker.

I want to perform a Multistep Trade, I think it requires using the API and cannot be done inside TWS.

It requires Creation of 2 trades:

1. Standard open + profit taker then

2. If the drawdown on the trade reaches a predefined level, say 2%, then a Backup Bracket Trade is opened which also deletes the first profit taker.

The exact trading steps are:

1. Standard Open + Profit Taker Order

Entry1 Limit, Xnum Shares GTC lasts 2 days

- Profit taker: at 3% from Actual Entry

If this Profit Taker engages Nothing further is done.

2. If 2% Drawdown: Place Entry2: Backup Bracket Order

Entry2 Limit 2% Outside Entry1, Same Xnum Shares GTC lasts 2 days

- If Entry2 Engages

- The position is now 2x Xnum Shares.

- Cancel Entry1 Profit taker.

- Place Entry2 Profit taker for 2x Xnum ( = all positions) at Entry2 at 2% profit from Entry2 Entry.

- Place Entry2 STOP for 2x Xnum (= all positions) at Entry2 at 2% loss from Entry2 Entry.

3. Final Closure- Desirable but not critical

On Day 2 since Entry1 order was placed:

- If Any position is still active with an hour to go in the 2nd day

- Convert to MOC order

Open to suggestions on how to implement this.

Beceriler: PHP, Yazılım Mimarisi, JavaScript, C# Programlama, Amibroker Formula Language

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( 2 değerlendirme ) Kurraba Point, Australia

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Hello, I am ready to do few tasks and show you basic demo before awarding job. And once you see that and happy then you can award me job. My Latest project link is below, I can give you login detail once you message Daha Fazla

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Good day prospective client. I am a senior software developer who is majorly focused on creating trading software/bot, some of which include: - MetaTrader 4,5 Expert Advisors and Indicators - Tradingview Pine script St Daha Fazla

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