What is NeonChainX?
NeonChainX is a fast options trading platform for Interactive Brokers. We built it because existing platforms were too slow and cluttered.
Speed is the focus. Direct TWS/IB Gateway integration means orders execute fast, positions update in real time, and P&L stays current. No web delays or third-party data handling everything runs locally through IBKR’s API.
The interface is built for options. You get clear options chains with ITM/ATM/OTM indicators, track multiple symbols at once, and execute trades quickly. No extra features that get in the way.
Risk management includes automated Take Profit and Stop Loss based on underlying price moves. For calls, it suggests +10% TP and -5% SL; for puts, -10% TP and +5% SL. You can customize these or use the defaults.
Real-time data includes live quotes, bid-ask spreads, and instant P&L per position. Color-coded displays make it easy to spot opportunities and manage risk.
The dark UI is designed for long sessions. Your tracked symbols restore on restart, so you pick up where you left off. Every feature exists because we use it ourselves—if it doesn’t help, it’s not included.
Security: NeonChainX connects directly to your IBKR account. Your credentials stay on your machine, and all trading goes through IBKR’s infrastructure. Works with paper and live accounts.
Available for Windows, macOS, and Ubuntu as standalone executables, no extra installs needed. If you want speed, simplicity, and direct control over your IBKR options trading, NeonChainX is built for that.
How to use NeonChainX
- 1
Download and install the NeonChainX desktop app for your OS (Windows, macOS, or Ubuntu).
- 2
Launch Interactive Brokers’ TWS or IB Gateway and log in to your IBKR account (live or paper).
- 3
Open NeonChainX and connect it to the running TWS/IB Gateway via API (ports 7497/7496).
- 4
Add symbols to your watchlist to display options chains; configure TP/SL defaults if desired.
- 5
Start trading: click to execute orders directly and monitor real-time P&L.
Key features
Track multiple symbols simultaneously with clear options chains and ITM/ATM/OTM indicators.
Execute market, mid-point, or closing orders in one click with no confirmation dialogs.
Automated TP/SL with dual triggers on underlying price and option premium, plus customizable defaults.
Real-time P&L, live quotes, and bid-ask spreads with color-coded risk indicators.
Direct TWS/IB Gateway integration ensures local execution and data privacy.
Use cases
- Day traders scalping options on multiple tickers simultaneously with fast execution.
- Options traders wanting automated risk management with TP/SL based on underlying price moves.
- Traders seeking a clean, distraction-free interface for long monitoring sessions.
- Interactive Brokers users frustrated with cluttered existing platforms seeking speed.
- Swing traders who want contingent orders with dual triggers for take profit and stop loss.
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