I'm trying to write a basic execution algorithm for my trading. Say x is the stock, when market opens x=10 (price), when x=5 place a buy-limit order at x=7 with stop at 2 and limit at 12 good till cancelled. Another condition that if the profit= 100 move the stop order 3 points under the current market price. if any of the orders get hit stop or limit then remove all pending orders!...Any help appreciated!
this is what i hav written so far...
def initialize(context):
context.NTAP = sid(13905) def handle_data(context, data):
# Implement your algorithm logic here.
price = data[context.NTAP].price
if price < 27:
order(sid(13905), 1000, style=LimitOrder(28))
order(sid(13905), 1000, style=StopOrder(20))
order(sid(13905), 1000, style=StopOrder(40))
notional = context.portfolio.positions[context.NTAP] * price
if notional > 100:
order(sid(13905), -1000) 