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It sounds like you're better off then using TradeStation or
CyberTraderPro from Schwab for fast-paced real-time daytrading.
Personally, I use eSignal for real-time charting with IB to enter my
trades. I have 5 19" LCD monitors and I never get confused because
I just trade the ER2 futures.
BTW, I don't think you're wasting your money getting Amibroker
though. There's nothing out there that comes close to matching its
backtesting capabilities at that price point. IMHO, it is the
ultimate stock/futures research tool.
Good luck.
--- In amibroker@xxxxxxxxxxxxxxx, "Charles J. Dudek" <trader@xxx>
wrote:
>
> I don't know how you work, but when I am trading I like to watch
> charts. If I have to switch back and forth between TWS or some
other
> order entry package and my charting package, I will lose valuable
> seconds and make mistakes (like manually entering GG when I meant
to
> enter GGB, for example). Scottrade Elite, Fidelity, TD
Ameritrade, E-
> Trade, TradeStation and as far as I know just about every other
> broker has an integrated charting and order entry interface. IB
> offers trading options and advantages I can't get elsewhere, but
> their charting is terrible. QuoteTracker is too limited and
> alternatives like eSignal are too expensive. I just know
switching
> back and forth is going to be a lot less efficient than keeping
one
> screen open and clicking on a chart to execute a trade. I think
> AmiBroker is great in every other respect. I just wish I could
get
> this manual entry screen to work. I'm so busy I don't want to
spend
> any of my spare time to try to figure out how to get it to work,
but
> I guess that's my only option if I want to trade through IB. I
might
> just buy it and play with it, but that's a couple hundred bucks
down
> the drain if I can't get it to work right. What I'm really
worried
> about though is screwing it up and accidentally cleaning out my
> trading account. That would be a real drag.
>
> Chuck
>
> --- In amibroker@xxxxxxxxxxxxxxx, "scourt2000" <stevehite@> wrote:
> >
> >
> > What do you have to substantially gain by manually entering
trades
> > to IB through Amibroker? Why would you discount its use in
trading
> > just because of this? Do you realize that its capabilities to
help
> > you backtest trading ideas far exceeds the trivial kind of
> > restriction you're placing on its use?
> >
> > I cannot name another piece of software that even comes close to
> > what Amibroker can do for what you pay.
> >
> > There is a SIMPLE answer to your problem. I'm assuming that you
> > abhor the TWS interface to placing trades manually, including
the
> > use of BookTrader. If that's the case, then just use a free IB
> > front-end like TSIM+:
> >
> > http://www.tradingsimulation.com/index.html
> >
> > IMHO, the problem is not with Amibroker. It's that you have not
> > sufficiently researched your options. There are plenty of front-
> > ends to trading with IB. Some are free, some want a one-time
> > donation and others have a monthly fee. I think that the one
> above
> > is the best no-strings-attached interface which is completely
free.
> >
> > If this is still not acceptable, then get TradeStation and, if
you
> > meet their minimum monthly trading requirements, their platform
is
> > free. Of course, you'll have to place all trades through their
> > brokerage firm but trading is completely integrated into their
> > charting package. TradeStation has an excellent intraday
database
> > going back years. However, their porfolio backtesting is
> > dramatically inferior in speed and options to what Amibroker
offers.
> >
>
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