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This allows traders to determine the size of buy and sold orders at different prices. To eliminate any bad executions, set it to zero. To limit the possibility of a worse price on market or stop type orders, enable the maximum slippage option.
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This is especially important when automated strategies testing takes place. You can create any chart, including Renko, Kagi, or Line break with fully customizable settings. The history of the best BID/ASK price movements. You can choose from 8 asset classes and have access to over 500 trading instruments. For traders who require more advanced tools, Classic TWS is always accessible. The order row is displayed directly below the Market Data row. Classic TWS allows for quick order entry from bid or ask prices. The Order Monitor lets you track live orders, modify them, and review cancelled and filled orders. The Order Entry window allows you to instantly create and transmit orders. The Portfolio window displays a summary of your account and position details. Direct access to TWS trading, order and live quoting as well as technical research and analysis tools from one window. TWS Mosaic - Mosaic offers intuitive, out-of-the box usability, quick and easy access, comprehensive trading, order management and chart, watchlist, and portfolio tools all within a single, customizable workspace. Market makers designed the IB Trader Workstation (TWS), which allows traders, investors, and institutions to trade stocks, options and futures, currencies and bonds on more than 150 markets around the world from a single unified platform.