Hi,
Have been searching for hours without finding something good enough. Here is my basic and probably not perfect code to buy stocks if it opens at 5 % UP from yesterday's close.
I'm looking to be able to get those open positions closed when they reach +2% and -0.5% from the price paid to buy them. It is simple but I don't know how to recall those opened positions and make the logic with the actual return of those positions.
Thank you for your tips....
I added this bit of code which is not far from being what i'm looking for but there is this error showing up and I don't really understand how to fix it....
Any help ?
Hi Pierre-Luc,
It looks like you are getting an error because you are checking whether exchange_time == a certain value without having defined the exchange_time variable!
Also, in the bit of code and the bottom of your algo, it looks like you are setting an if condition that will never become true:
'''
if stock_return <= 0.95 and stock_return >= 1.05 and current_position > 0:
order_target(stock, 0)
'''
stock_return can never be both less than or equal to 0.95 AND greater than or equal to 1.05 at the same time, you probably meant for this to be OR :)
Hopefully this helps!
The material on this website is provided for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation or endorsement for any security or strategy, nor does it constitute an offer to provide investment advisory services by Quantopian. In addition, the material offers no opinion with respect to the suitability of any security or specific investment. No information contained herein should be regarded as a suggestion to engage in or refrain from any investment-related course of action as none of Quantopian nor any of its affiliates is undertaking to provide investment advice, act as an adviser to any plan or entity subject to the Employee Retirement Income Security Act of 1974, as amended, individual retirement account or individual retirement annuity, or give advice in a fiduciary capacity with respect to the materials presented herein. If you are an individual retirement or other investor, contact your financial advisor or other fiduciary unrelated to Quantopian about whether any given investment idea, strategy, product or service described herein may be appropriate for your circumstances. All investments involve risk, including loss of principal. Quantopian makes no guarantees as to the accuracy or completeness of the views expressed in the website. The views are subject to change, and may have become unreliable for various reasons, including changes in market conditions or economic circumstances.
Jamie,
You are damn right. Thanks ! I made the correction but I still get the error I as talking about :
AttributeError: 'zipline.assets._assets.Equity' object has no attribute 'cost_basis'
...
USER ALGORITHM:47, in handle_dataGo to IDE
stock_return = (data[stock].price - stock.cost_basis) / stock.cost_basis
Hi Pierre-Luc,
I made a few other changes to your code to get it to run. It looks like you were also mixing up current_position and stock when trying to get cost_basis. You should also make sure to check that previous orders have gone through (i.e. the stock is not in get_open_orders()) before trying to place orders with the same security -- I added this check.
The material on this website is provided for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation or endorsement for any security or strategy, nor does it constitute an offer to provide investment advisory services by Quantopian. In addition, the material offers no opinion with respect to the suitability of any security or specific investment. No information contained herein should be regarded as a suggestion to engage in or refrain from any investment-related course of action as none of Quantopian nor any of its affiliates is undertaking to provide investment advice, act as an adviser to any plan or entity subject to the Employee Retirement Income Security Act of 1974, as amended, individual retirement account or individual retirement annuity, or give advice in a fiduciary capacity with respect to the materials presented herein. If you are an individual retirement or other investor, contact your financial advisor or other fiduciary unrelated to Quantopian about whether any given investment idea, strategy, product or service described herein may be appropriate for your circumstances. All investments involve risk, including loss of principal. Quantopian makes no guarantees as to the accuracy or completeness of the views expressed in the website. The views are subject to change, and may have become unreliable for various reasons, including changes in market conditions or economic circumstances.
The material on this website is provided for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation or endorsement for any security or strategy, nor does it constitute an offer to provide investment advisory services by Quantopian.
In addition, the material offers no opinion with respect to the suitability of any security or specific investment. No information contained herein should be regarded as a suggestion to engage in or refrain from any investment-related course of action as none of Quantopian nor any of its affiliates is undertaking to provide investment advice, act as an adviser to any plan or entity subject to the Employee Retirement Income Security Act of 1974, as amended, individual retirement account or individual retirement annuity, or give advice in a fiduciary capacity with respect to the materials presented herein. If you are an individual retirement or other investor, contact your financial advisor or other fiduciary unrelated to Quantopian about whether any given investment idea, strategy, product or service described herein may be appropriate for your circumstances. All investments involve risk, including loss of principal. Quantopian makes no guarantees as to the accuracy or completeness of the views expressed in the website. The views are subject to change, and may have become unreliable for various reasons, including changes in market conditions or economic circumstances.
