Slow Execution using IB.

[Scooter1]

Hi,

Today I started using NinjaTrader linked with IB to trade live.

I usually execute my intraday trades on the 2 min chart so I do need to get in and out quickly.

When executing today I noticed a lag of a couple of seconds from when I clicked to excute till the actual execution. There was enough lag that a message says 'Pending Order'.

What do you believe might be the problem? Could it be that IB is not suitable for intraday short time frame trading? Or is it the fact that I am using NinjaTrader as a link between my order instructions and execution at IB which has created an extra step that is slowing things down?

I also have an account with MB Trading. Would MB coupled with NT be better and faster for intraday small timeframe trading?

What are your thoughts about this issue?

Thanks for your help.

Claude

[NinjaTrader_Jason]

Hello Claude,

Can you please check if your PC meets the requirements listed at the link below.

http://www.ninjatrader.com/webnew/support_installationguide.htm

The pending status indicates NinjaTrader submitted the order, but it did not receive a signal back from your broker if the order is accepted.

Does the issue persist on a consistent base so far?

Ensure you have NinjaTrader 6.5.1000.9 and TWS version 892.7 installed. You can check this under Help-->About (TradersWorkStation).

I am not sure if the MBTrading account will act different than your IB account; there are many other aspects involved as well. I suggest to test this on your end if possible.

[Scooter1]

Hi NinjaTrader_Jason,

Thanks for your reply. Below please find answers Re your questions:

The pc I use exceeds the requirements by a wide margin and is solely used for trading (no internet browsing).

NinjaTrader Build is 6.5.1000.7

TWS Build is 893.9

I also checked the cable internet connection I use and downloads and upload speeds are adequate.

Yesterday I traded the whole day and it seemed that order execution was a bit better than the day before.

In your experience do you know if NT using IB as the broker to trade Forex is being used by other traders to trade short time frame intraday trading were quick execution is important?

Thanks again for your help.
Claude

[NinjaTrader_Jason]

Hello Claude,

Please install the versions listed in post #2; TWS 892.7 and NinjaTrader 6.5.1000.9. You can download and install TWS 892.7 at the IB connection guide below.

http://www.ninjatrader.com/webnew/support_interactivebrokers.htm

We have many other users that trade forex with IB.

[Scooter1]

Hi Jason,

Thanks. I just downloaded everything as you told me and I will give it a try tomorrow.

Thanks and good day.
Claude