Fox Blaster™

Instructions

An aggressive arrival price strategy for traders who "pick their spots" based on their own market signals. Trades with short-term alpha potential, more aggressive than Fox Alpha.

The fox river algos fox blaster in TWS.

Field Name

Description

Valid Values/ Default Value

Effective Time

Optional. Set the time to begin the order.

Between market open and market close, and prior to Expire Time (if set).

Defaults to immediately.

Expire Time

Optional. Time/date for the order to expire.

Between market open and market close, and after Effective Time (if set).

Defaults to market close if not set.

Aggressiveness Optional. How aggressive to fill.

0 - Low

1 - Medium

2 - High

Dollar Certain Limit

Optional. The maximum acceptable dollar amount of the trade, including Dollar Certain Commission. Used to trade by dollar amount.

> 0

Dollar Certain Commission

Optional. The commission cost on a cents-per-share basis, e.g. 0.1 = 1 cent

> 0

Dollar Certain Execution checkbox

Optional. Check to determine the order quantity by dollar value. Must be checked for other "Dollar Certain" fields to be valid.

If checked, Dollar Certain Limit (at least must be defined.

 

Additional Resources

Learn About Algos in Trader Workstation at IBKR Campus

Visit the Trader Workstation Website