Welcome to the Traders Laboratory Forums.
Beginners Forum Interested in trading but don't know where to start? Post any questions you may have here.

Reply
Old 09-26-2007, 05:20 PM   #1

Join Date: Feb 2007
Location: Indianapolis
Posts: 39
Ignore this user

Thanks: 6
Thanked 5 Times in 3 Posts

IB TWS Time and Sales

I just downloaded the IB TWS demo and was playing around with it trying to set it up. I was having trouble with the T&S and wondered if anyone could give me some help.

Basically 2 things:

1. It seems that you can't change T&S to be either ascending or descending. The data populates the bottom of the window meaning i have to scroll down to see the latest prints.

2. Also, this data does not stream. You have to refresh it to get the new data.

Anyone here use IB TWS, and am I missing some configuration settings or something?
jim2000 is offline  
Reply With Quote
Old 09-26-2007, 05:38 PM   #2
ant

ant's Avatar

Join Date: Sep 2006
Location: USA
Posts: 421
Ignore this user

Thanks: 22
Thanked 314 Times in 81 Posts

Re: IB TWS Time and Sales

Jim, I don't use IB TWS, but I will say that IB T&S is not accurate as they aggregate orders together to save bandwidth. For example, there may be two orders with bid size 10 and bid size 23, that could show up in T&S as one entry with bid size 33. So I wouldn't use it for trading since it is misleading. Perhaps others can chime in here if I am incorrect.
ant is offline  
Reply With Quote
Old 09-26-2007, 08:47 PM   #3

stanlyd's Avatar

Join Date: May 2007
Location: Los Angeles
Posts: 90
Ignore this user

Thanks: 40
Thanked 21 Times in 15 Posts

Re: IB TWS Time and Sales

you will need to use a third party to correctly use the T&S. Ib just doesnt offer a good version of that feeature with TWS. I am not sure what you can use but I think their is a link on the IB website about third party software. Might want to look at that.
stanlyd is offline  
Reply With Quote
Old 09-27-2007, 10:22 PM   #4

Join Date: May 2007
Posts: 1
Ignore this user

Thanks: 0
Thanked 0 Times in 0 Posts

Re: IB TWS Time and Sales

Never used that program. All i do is use the scottrade account that I have and the free scottrader set up that you can log into with a scottrade account.

In scottrader the time and sales window is great, it shows every order and scrolls. As the book "swing trading for maximum profit" says, "all some people need to do is watch the time and sales widow and the level 2 data to make profitable trades." How right he is.
Hot_Wings is offline  
Reply With Quote
Old 09-29-2007, 09:33 PM   #5

Join Date: Sep 2007
Location: Vancouver
Posts: 14
Ignore this user

Thanks: 0
Thanked 0 Times in 0 Posts

Re: IB TWS Time and Sales

If you use IB and want streaming time & sales use quotetracker http://quotetracker.com/index_nn.asp it has streaming time& sale and great charts and it if free and uses IB data.

Cheers
ptop is offline  
Reply With Quote
Old 09-29-2007, 09:59 PM   #6
OAC

OAC's Avatar

Join Date: Apr 2007
Location: manila
Posts: 524
Ignore this user

Thanks: 25
Thanked 63 Times in 52 Posts

Re: IB TWS Time and Sales

If you following several markets, you can have QuoteTracker run them as a ticker tape scrolling at the bottom of your screen just like you see on CNBC.
OAC is offline  
Reply With Quote
Old 10-05-2007, 11:11 AM   #7

Join Date: Jan 2007
Location: Bris
Posts: 11
Ignore this user

Thanks: 1
Thanked 0 Times in 0 Posts

Re: IB TWS Time and Sales

re: IB T&S. quite i see a double up of figures. i assume this is not how its shown on a proper data feed?




Also, are the volume readings with IB the same as a proper data feed? Afterall, i'm assuming IB gives 0.2 sec snapshots.
wiseguy is offline  
Reply With Quote
Old 10-06-2007, 03:21 AM   #8

Soultrader's Avatar

Status: Super Moderator
Join Date: Aug 2006
Location: Tokyo
Posts: 3,623
Ignore this user

Thanks: 545
Thanked 1,370 Times in 491 Posts
Blog Entries: 4

Re: IB TWS Time and Sales

A snapshot will just plot the time of sale again. Which is why you are seeing a double print. This is not seperate transaction but the same one. I a similar problem when trying to view time of sale on excel through Reuters because all it does it takes a 1.0 sec snapshot.

Time of sale seems to be a lacking element in many data and platform vendors. tradestation offered great time of sale but I do not have it anymore. I am looking into esignal data and charting to see if their TAS can be modified to filter out big lots like tradestation.
__________________

Soultrader is offline  
Reply With Quote

Reply

Thread Tools
Display Modes Help Others By Rating This Thread
Help Others By Rating This Thread:


Similar Threads
Thread Thread Starter Forum Replies Last Post
Learning Tape Reading & Time of Sales ant Technical Analysis 7 01-19-2010 09:52 AM
Long time reader first time poster ajhunter Introduce Yourself 4 09-19-2007 12:23 AM
Time & Sales vale46 Beginners Forum 11 06-04-2007 03:46 PM
Question for TradeStation Time & Sales Users wrines Market Analysis 0 11-13-2006 09:15 PM

All times are GMT -4. The time now is 03:28 PM.
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
CS to VB integration by DeskLancer
©2006-2011 Traders Laboratory, All Rights Reserved.