Question 1

How do I connect IbPy to Trader Workstation for automated trading?

Accepted Answer

First, install IbPy2 via pip and ensure TWS or IB Gateway is running with API permissions enabled. Then, use the connection examples from the project's wiki to establish a socket connection and start making API calls for market data or orders.

Question 2

Should I use IbPy or Interactive Brokers' official Python API for my project?

Accepted Answer

For Python 2 projects, IbPy is necessary since IB's official API only supports Python 3. For Python 3, the official API is generally better as it's directly maintained by Interactive Brokers, offers better support, and is more likely to stay updated with new features.

Question 3

Does IbPy support retrieving historical market data for backtesting?

Accepted Answer

Yes, IbPy allows requesting historical stock ticker data from Interactive Brokers, as mentioned in the key features. You'll need to use the appropriate API functions, but check the wiki or community examples for implementation details, as documentation might be sparse.

Question 4

Is IbPy still actively maintained in recent years?

Accepted Answer

Activity has likely decreased since Interactive Brokers released their official Python 3 API. Check the GitHub repository for recent commits or issues to gauge maintenance status, but be prepared for potential stagnation or reliance on community patches.

Question 5

How to handle errors or disconnections when using IbPy?

Accepted Answer

Implement error handling in your code by catching exceptions from the IbPy modules. Since it's a wrapper over IB's API, network issues or TWS changes can cause disruptions; refer to the wiki for basic troubleshooting, but detailed guidance might be limited.

IbPy

What is IbPy?

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