Start building trading algos in Python with IBKR API resources.
Next, practice writing Python functions for order types. Let’s review this code for sample European contract specifications from the IBKR API GitHub Guide.
@staticmethod def Index(): #! [indcontract] contract = Contract() contract.symbol = "DAX" contract.secType = "IND" contract.currency = "EUR" contract.exchange = "DTB" #! [indcontract] return contract
@staticmethod def EuropeanStock(): contract = Contract() contract.symbol = "SIE" contract.secType = "STK" contract.currency = "EUR" contract.exchange = "SMART" return contract
For additional order type function arguments, review the sample syntax for Market, Limit, Stop and Stop Loss orders as instructed in the GitHub OrderSamples.py file. Remember that the Python samples get installed in the samples/Python/Testbed directory. For more API articles, see our news section.
This Python code is subject to the terms and conditions of the IBKR API Non-Commercial License or the IBKR API Commercial License, as applicable.
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Disclosure: Displaying Symbols on Video
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Disclosure: Order Types / TWS
The order types available through Interactive Brokers LLC’s Trader Workstation are designed to help you limit your loss and/or lock in a profit. Market conditions and other factors may affect execution. In general, orders guarantee a fill or guarantee a price, but not both. In extreme market conditions, an order may either be executed at a different price than anticipated or may not be filled in the marketplace.