Can the bridge feed MetaTrader charts with IB data

Discuss, post questions here about MTIBBridge the MetaTrader-Interactive Brokers trade-copier

Users who just registered, please write an email to
forum@trade-commander.de
with your username mentioned.
So we can distinguish you from bots.
Thank you
Post Reply
BerndBrot
Posts: 2
Joined: Mon Apr 24, 2017 3:44 pm

Can the bridge feed MetaTrader charts with IB data

Post by BerndBrot » Mon Apr 24, 2017 4:33 pm

Hello,
can the bridge feed MetaTrader charts with IB data ?
Thank ya :?:

board_admin
Site Admin
Posts: 169
Joined: Mon Apr 24, 2017 3:24 pm

Re: Can the bridge feed MetaTrader charts with IB data

Post by board_admin » Wed Apr 26, 2017 7:42 pm

No and no software can do this.
The MetaQuotes business model is to generate commissions by artificial spread.
So they need to have control about data. Consequently there is no client side data API,
a datainterface in MetaTrader.

However, this is not really a problem: Except artificial spread, quotes are pretty close to those at
IB. For market orders, you can expect better fills at IB. Limit orders can't be placed so close to market
at with IB or define a limit price offset in pips per contract in the bridge.

Generally, if you have doubts the bridge is a benefit for you, we provide a stresstest along with the bridge.
This stresstest places many orders during a short time and compares the total Equity drawdown on both sides.
This equity drawndown includes ALL costs.

You can change parameters or code of the stresstest to adjust it to your situation.
Demo video here:
https://www.youtube.com/watch?v=3Inl7bn ... e=youtu.be

Post Reply