Automated order execution bot for Interactive Brokers — places, tracks, and manages orders via IB Gateway
💹 IBKR Python Trading Bot
A simple automated trading bot built using Python and IB Gateway via the ib_insync library. The bot connects to your Interactive Brokers Paper Account and places a sample market order every 5 minutes.
⚙️ Features
- Connects automatically to IB Gateway
- Places sample BUY orders every few minutes
- Reconnects automatically if disconnected
- Logs all activity in
ibgatewaybot.log - Safe exception handling and clean shutdown
🧩 Requirements
1. Install Dependencies
pip install ib_insync
2. Install IB Gateway
- Download: https://www.interactivebrokers.com/en/trading/ibgateway-stable.php
- Log in to Paper Trading account
- Enable API Access:
* ⚙️ Configure → API → Settings
* ✅ Enable ActiveX and Socket Clients
* 🔢 Port: 7497
* 💻 Trusted IPs: 127.0.0.1
🚀 How to Run
- Start IB Gateway (Paper)
- Run the bot:
<pre><code class="lang-bash">python ibgatewaybot.py</code></pre>
- The bot will:
* Connect to your gateway
* Place a BUY 1 AAPL order every 5 minutes
* Save all logs to ibgatewaybot.log
📜 Log Example
<pre><code class="lang-">2025-10-12 10:15:03 [INFO] ✅ Connected to IB Gateway 2025-10-12 10:15:05 [INFO] ✅ Placed BUY order for 1 AAPL at 2025-10-12 10:15:05</code></pre>
🧠 Code Overview
ibgatewaybot.py`
| Section | Description | | ---------------- | ---------------------------------------- | | Logging Setup | Saves logs to file | | Connection Logic | Connects or reconnects to IB Gateway | | Order Execution | Places market order (BUY 1 AAPL) | | Error Handling | Logs and retries if any exception occurs |
📈 Future Enhancements
Students can extend this project by adding:
- 🔁 Alternate between BUY and SELL
- 💰 Trade only if AAPL < certain price
- 📊 Save all trades to a CSV
- 🧮 Add simple moving average logic
- 📢 Send Telegram alerts on each trade
🧾 Author
Nadir Ali Khan Founder & Instructor — Team NAK / Al-Mehdi Foundation 📍 Sukkur, Pakistan
