Contracts and account checks

TWS Download open orders on connection setting

Quick answer

Download open orders on connection helps expose order details when an API client connects. Review it with the app’s startup behavior. Receiving an order record does not automatically grant the client permission to change that order.

Educational software guidance. Trading involves risk. Read the financial and information disclaimers.

Step by step

  1. 1 Open Global Configuration → API → Settings.
  2. 2 Locate Download open orders on connection and record its current state.
  3. 3 Compare the setting with the app’s documented startup requirements.
  4. 4 After a controlled reconnect, compare the app’s order view with TWS working orders.
  5. 5 If orders are missing, check client scope and binding behavior with the app provider.

A practical example

An app starts after an order was already placed. It needs to learn what is working so it does not act on an empty view. Check whether its startup flow receives the expected order list. But keep two questions separate: can it see the order, and can it change the order? The first does not prove the second. Ask the app provider about its client scope if the list is incomplete.

Illustrative scenario, not a record of a trade placed during this review.

Screen reference

Start in Mosaic with File → Global Configuration. Then choose the panel named in the steps.

TWS Mosaic File menu with Global Configuration and Layout Settings
Open Global Configuration from File in Mosaic. This capture excludes the account header. Captured in TWS paper mode on 3 October 2026. Open the image for full size.
TWS API Settings showing socket clients, read-only access, port and logging
Find the named control in API → Settings. The displayed values belong to a paper session and are examples, not universal recommendations. Captured in TWS paper mode on 3 October 2026. Open the image for full size.
How to confirm the result The app should receive the order details its supported workflow expects at startup.

Mistake to avoid

Do not assume every client sees or controls every account order simply because this box is checked.

Common questions

Does this place new orders?

It concerns order details on connection, not a new trading instruction.

Is viewing the same as changing?

No. Ownership and binding rules can still restrict changes.

Financial and information disclaimers

Financial disclaimer

These guides explain software. They are for education, not financial, investment, tax, or legal advice. No example is a suggestion to buy or sell a product or use a trading strategy. Trading can lose money, including all funds you put at risk. With margin, futures, short sales, or some options, losses can exceed your starting funds. Automation can fail, send duplicate orders, or act late. Stops do not guarantee a fill or a price. Review your orders and positions, and seek advice from a qualified professional for your own needs. Paper trades, examples, and past results do not predict live results or promise a profit.

Information disclaimer

This is general help based on the sources and check date shown on the page. Screens, settings, fees, data access, and product support can change or differ by app version, account, country, and broker. The content may contain errors or become out of date; accuracy, completeness, and continuous service are not guaranteed. Check current broker and app instructions before acting. Screenshots show where controls are; they do not prove that an order test passed. This guide does not replace broker terms or risk notices. References to IBKR and TradingView identify their products and do not imply their endorsement of this guide.

IBKR risk disclosures · IBKR paper-trading limits · SEC guidance on automated investment tools

PickMyTrade help · Independent guidance for Trader Workstation and the desktop integration. TWS images show paper trading. Other applications are named in the image captions. Settings and availability can vary by version and account.

Automate TradingView alerts to Interactive Brokers

See the IBKR integration