Interactive Brokers adds new technical indicator columns in TWS

One of the major online trading services providers in the United States – Interactive Brokers Group, Inc. (NASDAQ:IBKR) keeps enhancing the capabilities of its Trader Workstation (TWS) platform.

LeapRate has earlier reported about the Daily P&L Alerts on Positions that are available in TWS (beta) build 956, and now the broker is adding more functionalities in this TWS build.

Interactive Brokers has introduced a new group of columns labeled “Technical Indicator” that traders can add to any tool or window in TWS. Many of these columns can help traders see how a contract’s price is diverging from the selected period exponential moving average (EMA).

The initial offering for this group includes:

  • EMA (50);
  • EMA (100);
  • EMA (200);
  • Last price/EMA (20);
  • Last price/EMA (50);
  • Last price/EMA (100);
  • Last price/EMA (200);
  • EMA (20)/EMA (200).

The value for all ratio-style columns, like, for instance, “Last price/EMA (20)”, is shown in % terms of the denominator. So for this same column, a value of “5%” would indicate that the last price is 5% higher than the EMA (20).

To add these columns to a Watchlist or other window, one simply has to hold the mouse over an existing data column to display the Insert Column” feature. Then one has to click “Insert Column” and select columns from the Technical Indicator category.

The company promises to add more columns soon.

You can find out more about the Interactive Brokers’ TWS platform by clicking here.

Read Also: