To create an Algorithmic Order as a market or limit order in IBKR Desktop:
- In the add a ticket to the Rapid Order Entry panel, select Buy or Sell order,
- Scroll down and click on Advanced link to open a Full Order Ticket window.
- On the Full Order Ticket window, scroll down and expand IB Algorithmic Trading section
- Select the desired Algo order type from the dropdown list.
- Adjust the algo attributes and order type as desired before submitting
- Click Submit to submit the order.