Introducing the new Bracket Trader, still the simplest, easiest and fastest way to manage your IB trades.
Bracket Trader is a powerful API (application programming interface) frontend to control IB's Trader Workstation (TWS). Exit orders are automatically sent the moment a trade entry is filled. The exit is sent as a pair of OCA (one cancels all) orders, with one on the profit side, and one on the stoploss side. That's why it's called the Bracket Trader. The program just duplicates what you do manually to manage your trades but does it faster and error-free. BracketTrader eliminates human "mechanical" errors in your trading.
"...You can't know this but my regard for Bracket Trader is so high that I can't understand why every trader doesn't use it as part of their arsenal. You support your product so incredibly well that it takes me back to when people cared about quality, truth, honor and such. You and BT are special, my friend. I'm thankful for both of you."
Bob P. (Aug 10, 2010)