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Date/Time: Sun, 05 May 2024 10:40:42 +0000

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Post From: Nasdaq total view with IB chart trading

[2022-02-08 19:51:44]
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If you have an Interactive Brokers (IB) account, you can subscribe to data in the IB system, and chart & trade IB symbols, like AAPL-STK-SMART-USD, directly in SC. However, SC does not recommend using IB's data for reasons I've listed below that come from SC's docs on IB here: Interactive Brokers Trading Service: Interactive Brokers Market Data Problems


There are a wide array of issues you will and can potentially have with Interactive Brokers market data. They are as follows:

Missing historical data (moderately common)
Slow historical data downloading (common)
Real-time data not updating (uncommon)
Incomplete price and volume data ( Completely normal and routine. Happens all the time.)
Confusing and complex symbology which can change from time to time (moderately common)
No real-time data (Moderately common and depends upon symbol. In particular CFD symbols.)
Inaccurate Bid Volume and Ask Volume which will affect studies which depend upon these which includes the Cumulative Delta Bars studies (100% occurrence all the time).

SC provides their own stock data feeds, like the new NASDAQ feed, and for those who want to use SC's data feeds, they have the problem that SC's symbol conventions do not match IB's. According to the OP, if you chart an SC Nasdaq feed symbol, like AAPL-NQTV, and you leave the default chart settings, then SC will tell IB that the user wants to trade AAPL-NQTV, which IB won't understand. Thus, you have to change the chart setting's "Trading And Current Quote Symbol" so you can chart SC's AAPL-NQTV but trade IB's AAPL-STK-SMART-USD: Chart Settings: Trade and Current Quote Symbol (text box) (Chart >> Chart Settings >> Symbol >> Symbol menu)

As for what the custom studies do, everytime the OP charted a different SC symbol, such as AMZN-NQTV or GE-NQTV or MSFT-NQTV, they would have to manually go into the chart settings and type the a new Trade And Current Quote Symbol to match the SC symbol, so type in AMZN-STK-SMART-USD in the first example. The studies will automatically insert the right Trade symbol as you switch between charts.