Adrian Reid explains that Interactive Brokers doesn't have native backtesting, so traders need separate software. The Smart Stock Automation Engine, co-developed by Enlightened Stock Trading, connects AmiBroker to Interactive Brokers and automates the entire workflow from data updates through position sizing and trade execution.
The last thing that I wanna mention today is Interactive Brokers backtesting. Now, I see a lot of people online asking, how do I backtest with Interactive Brokers? And the short answer is you can't. There is no native backtesting capability in Interactive Brokers platform. So just, you know, you have to just move on. They have some add-in tools that sort of start to get towards backtesting, but really if you want to backtest your trading systems, then you need a separate piece of software that interacts that interfaces with Interactive Brokers. Now, if you use Interactive Brokers and AmiBroker, at Enlightened Stock Trading, we've developed or co-developed the Smart Stock Automation Engine, which links AmiBroker and Interactive Brokers really, really neatly. It'll run, it'll manage the entire process in AmiBroker. It'll update your data, run your backtest, find your signals, position size them, find the data from the account size from Interactive Brokers, adjust the position size, manage your exposures, all of that end-to-end, automate the entire process. Process. But if you want to backtest Interactive Brokers, you can't. So you need extra software externally.
