Hi everyone,
I was wondering how to set a limit(7) on the amount of positions my portfolio contains. If the portfolio has reached the max number of positions, no new positions will be taken until some of the existing positions are closed out. Your help is greatly appreciated!
Amount of Positions
I guess you have to wrap the order_target around a function that checks how many positions you currently have.Something like...
def initialize(context):
context.max_position = 100
def my_order_target(context, security, amount):
current_position = 0
for sec in context.portfolio.positions:
sec_amount = context.portfolio.positions[sec].amount
current_position += sec_amount if sec_amount >= 0 else -sec_amount
if current_position+amount >= context.max_position:
amout = context.max_position - current_position
if amout >= 0:
order_target(security, amount)
You might also want to avoid calling the function if there are open orders pending.
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