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I want to automatically cancel orders in IBKR's IB API if they are not filled after a minute. They are parent orders, so I can't just use cancelOrder after sleeping for 60 seconds or the child order will also be cancelled.

1 Answers1

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You can add a time in force condition when the order is placed.

See https://interactivebrokers.github.io/tws-api/order_conditions.html

and Interactive Brokers time-in-force order through python api

order = Order()
order.goodTillDate = "20200923 15:13:20 EST"
order.tif = "GTD"
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