Strategy Templates
Futures Template
Ready settings for a futures strategy that sends Discord or Telegram futures calls to Interactive Brokers, and what IBKR does for futures.
Who it is for
This template is for traders who copy index futures calls, such as NQ, MNQ or ES, from a Discord or Telegram room. The strategy reads long or short from the call and places the order at Interactive Brokers. You need TWS or IB Gateway running on your computer.
Settings
Start from the Discord futures to Interactive Brokers template, then set these values. The Strategy Editor explains each setting.
| Tab | Setting | Value | Why |
|---|---|---|---|
| General | Source | Discord or Telegram | TradingView is not offered for futures. |
| General | Inherit trade details from message | On | A contract named in the call wins over the Contract setting. |
| General | Direction | Both | The strategy takes long and short calls. |
| General | Ticker | NQ, or the symbol the room trades | The template starts on NQ. |
| General | Contract | Current | The strategy trades the front month and rolls forward on its own. |
| General | Entry | Market | The order fills at the current price. |
| General | Exit | Market | A limit exit that does not fill leaves the position open. |
| General | Time in force | Day | An order that does not fill does not stay open to the next day. |
| Brokers | Broker | Interactive Brokers | IBKR is the only futures broker. |
| Sizing | How to pick the trade size | Fixed size | Every trade uses the same size. |
| Sizing | Default quantity | 1 | The template uses 1. |
| AI | AI selling | On | The strategy acts on exit calls. |
| AI | Memory | Normal | The AI remembers the position the caller opened. |
| Risk & exits | Stop loss | A dollar amount you accept to lose | Futures are leveraged, so a small move is a large amount. |
| Risk & exits | Take profit | A dollar amount | The position closes at your target. |
| Protections | Duplicate protection | On | A repeat of a recent signal does not trade twice. |
| Protections | Double-down protection | On | The strategy does not keep adding to a contract it holds. |
| Protections | Slippage cap | 1% | A fill more than 1% from the expected price is rejected. |
| Notifications | Send to Discord | On | Fills and errors show in your Discord channel. |
Broker differences
Futures trade on Interactive Brokers only.
| Interactive Brokers | |
|---|---|
| Entry and exit order | Market or Limit |
| Limit price | Bid, Mid, Ask |
| Contract | Current, Next, Third, or Pin a month from the live IBKR contract list |
| Stop loss and take profit | Bracket order at IBKR |
| Allow extended hours | Not shown for futures |
| Double-down protection | Block, or a cap |
Things the editor does for you:
- With Ticker set to ALL, or with IBKR not running, Pin shows a plain month box instead of the contract list.
- The line under Contract shows which contract will trade.
Test it
Set the IBKR account Mode to Paper, then send a test signal with Simulate. Follow Test before you go live.
Related pages
- Instrument: Futures
- Broker: Interactive Brokers
- Risk tools: Protections & Guardrails