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 Investor/RT Answer
Answers to Common Questions
   

Question

 In order to evaluate Investor/RT with AutoTrader to check functionality and to test the chart buttons for pass thru mode, must we open and IB account, just to check out the working of I/RT and AutoTrader?
   

Answer

 At the present time a registration code is required to use the IB Version of Investor/RT, even when TWS is running with username "edemo".

Investor/RT requires a login every few days to your "real" IB account using TWS to validate this registration code. Access to the "edemo" TWS account is then available to registered users. You must have an IB account for this to be possible.

IRT users interested in evaluating the IB Version of IRT, either with edemo or with a real IB account can acquire a 30 day evaluation license for $20. Add $12 if you wish to use DTN Market Access historical services from the IB version. If you want to use IRT for IB and IRT for some other data service at the same time on an ongoing basis, the additional monthly fee is $20 for the second license, regardless of configuration.

An AutoTrader license is not required to run with the TWS edemo account. To activate AutoTrader with a real IB account, a license is required. This can be obtained from us for $8 for a month, or from the author of this software directly. See www.autotradersoftware.com for details. AutoTrader and NinjaTrader are both supported via the http interface inherent in the IRT "Signal Action" setup. In 8.0 the AutoTrader access has been made far simpler by supporting this trading interface directly via Trading Order setups. The 8.0 implementation also integrate trading status feedback from AutoTrader so that automated trading systems can monitor position size, fill prices, stops, and targets.

AutoTrader supports single symbol trade management. You initiate the position from an IRT chart button or some signal action or trading order firing. AutoTrader then manages stops and targets for you. If you wish to trade more than one symbol at a time this automation is not presently available in AutoTrader. You can use "Pass Thru" trading orders to initiate trades, exit trades, set stops and targets all from within IRT charts. The integration with IRT charting is very powerful. Read the What's New in 8.0 items #1 and #2 thoroughly for details and ask questions here. Review previous posts and responses on this subject as well in recent weeks.