IB - periodic order

Hi,
I would like to regularly buy some ETF (dollar cost averaging), automatizing the order’s creation on Interactive Broker.

As far as I know, IB doesn’t offer a similar feature out-of-the-box.
Is anyone doing this periodic operation via other features, like IB’s API?

Not yet but shouldn’t be to hard. Iirc there was a recent post about a service that does support automated trades using IB.

Yes it was discussed recently.

In TWS, you can create an order valid after certain time. So you can create a batch of orders once and let them run. They should be market orders (if you are not scared) or some type of algorithmic orders (RTFM), obviously.

@tartufo shared a way in this post

Ok, I’ll search for it, ty

Nice hack, thank you :smiley: