IB / TWS Algo Question

[sf631]

I'm interested in using NT for autotrading in my IB account. The catch is I rely heavily on the IB algos (accumulate/distribute mostly). I like them because (1) they work, and (2) they let me break up orders into smaller blocks (below the minimum size for best commission rate) and qualify for the favorable >200 share rate).

Question: does NT support placing algo orders with IB? If not, what are the options for accumulate / distribute or iceberg orders?

Thanks

[NinjaTrader_Bertrand]

sf631, unfortunately those order types and IB algorithms are not available directly when executing from NT, but if you could code such behaviors as needed for example into a NinjaScript strategy (if you're trading an automated system).

To hide your orders from the market, you could also look into the Simulated Stop orders feature we have, where orders resting locally until triggered by the market -

http://www.ninjatrader.com/support/helpGuides/nt7/simulated_stop_orders.htm

[elliot5]

has anyone

developed ninjascript code to break up order size? regards

[NinjaTrader_Brandon]

Hello everington_f,

Thanks for your post.

Each account would need to be traded separately within NinjaTrader.