Interactive Brokers Excel Trader is a programmable spreadsheet extension for Trader Workstation (TWS), which lets you trade manually or automatically directly from Excel. You can program custom trading rules using spreadsheet formulas and VBA macros. IB Excel Trader provides the convenience and flexibility of an Excel spreadsheet for entering and tracking single or bracket orders for up to 200 stocks, futures, and Forex currency pairs. Orders can be submitted, updated, or cancelled using buttons at the top of the spreadsheet, programmatically using VBA functions, or via TWS. Trigger conditions and order parameters such as direction, size, limit/stop prices, and many others can be computed on-the-fly using quotes, order status, and position updates streamed to Excel in real-time.