{"id":208930,"date":"2025-10-15T12:54:20","date_gmt":"2025-10-15T12:54:20","guid":{"rendered":"https:\/\/ibkrcampus.eu\/campus\/trading-lessons\/introduction-to-advanced-desktop-order-types-and-algorithms\/"},"modified":"2025-10-17T19:21:50","modified_gmt":"2025-10-17T19:21:50","slug":"introduction-to-advanced-desktop-order-types-and-algorithms","status":"publish","type":"trading-lessons","link":"https:\/\/www.interactivebrokers.eu\/campus\/trading-lessons\/introduction-to-advanced-desktop-order-types-and-algorithms\/","title":{"rendered":"Introduction to Advanced Desktop Order Types and Algorithms"},"content":{"rendered":"\n<p>The IBKR Desktop is a powerful streamlined trading platform offering next generation technology and a user-friendly interface no matter the investor&#8217;s trading experience. In this series, we will show you an array of advanced order types and algorithms using the IBKR Desktop interface. &nbsp;Learn how to implement powerful execution algorithms including VWAP, TWAP, and Percentage of Volume strategies that were once exclusive to professional trading desks. These algorithms optimize execution across specified timeframes while minimizing market impact and maximizing price improvement<\/p>\n\n\n\n<p>Each lesson will focus on a specific type of order and describe in detail the specific functions of each to help you distinguish between them, when to use them and why some order types might better suit your level of trading and investing.<\/p>\n\n\n\n<p>We will also address risk management and how that plays in using certain order types such as stops and bracket orders. &nbsp;We will also address features of IB\u2019s algo order types, designed to help investors achieve price improvement.<\/p>\n\n\n\n<p>Some of the features demonstrated in this series are only available with an \u201cIBKR Pro\u201d account. For information about IBKR Pro and IBKR Lite, view&nbsp;<a href=\"https:\/\/ibkr.com\/plans\"><strong>ibkr.com\/plans<\/strong><\/a><\/p>\n\n\n\n<p>We&nbsp;<strong>encourage<\/strong>&nbsp;you to take advantage of&nbsp;all&nbsp;the course\u2019s contents, including the quizzes, to truly make the most of your learning.<\/p>\n\n\n\n<p>Following completion of this course, you should have a solid understanding of how to create advanced orders and use algorithms in the &nbsp;IBKR Desktop.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A series of lessons walking through how to access and descriptions of the many Advanced order types and algorithms available on the IBKR Desktop platform. 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