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IBridgePy Solves the Issue of IB Daily Restart or Daily Shutdown by Automatically Reconnecting

IBridgePy Solves the Issue of IB Daily Restart or Daily Shutdown by Automatically Reconnecting

Posted May 31, 2024 at 11:09 am
Dr. Hui Liu
IBridgePy

IBridgePy will automatically reconnect to IB TWS or IB Gateway after a daily restart and shutdown. Therefore, users won’t need to worry about their trading robots in IBridgePy.

The contents are:

1. Show real time price of Forex EUR USD every second

2. Manually shutdown IB Gateway to simulate daily restart

3. IBridgePy got reconnected automatically.

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Disclosure: API Examples Discussed

Throughout the lesson, please keep in mind that the examples discussed are purely for technical demonstration purposes, and do not constitute trading advice. Also, it is important to remember that placing trades in a paper account is recommended before any live trading.

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.

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Any stock, options or futures symbols displayed are for illustrative purposes only and are not intended to portray recommendations.

Disclosure: Forex

There is a substantial risk of loss in foreign exchange trading. The settlement date of foreign exchange trades can vary due to time zone differences and bank holidays. When trading across foreign exchange markets, this may necessitate borrowing funds to settle foreign exchange trades. The interest rate on borrowed funds must be considered when computing the cost of trades across multiple markets.

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