No, that's not what I meant.
Since I have never used backtrader yet, I was trying to get an idea about its internal processing time from receiving a signal to sending an order to the broker.
Right. The strategy I was considering actually uses an external news feed as the signal/indicator and places the order on IB. I am assuming this is something backtrader can do, but please correct me if I am wrong.
So I probably used the terminology "tick-to-trade" incorrectly. I don't know if this would be called "signal-to-trade" or I have also heard the terminology "wire-to-wire".
I am completely new to backtrader. To see if this is suitable for our project, I was wonder what kind of tick-to-trade latency we could expect if backtrader was used for live trading?
I was not looking for ultra-low latency, but several hundred ms would probably be too slow.