As the title, how to add a stop loss order if it continues to loss in 4 days?
Could you provide an example? Thanks.
How to add a stop loss if it continues to loss in 4 days
create a scheduled function that will check the profit/loss of each security you hold at the first minute of every day, if the gain is negative then add +1 to a counter, if the counter is = 4 then sell. If the gain is positive then reset the counter to 0.
This is a sample algorithm which does a 4 day stop loss.
Each day, it retrieves the price history for your stock(s). It checks if that price history is consecutively descending, if so, it closes the position.
Hope this helps!
Disclaimer
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.
Hi Matthew, this looks like a brilliant code, thanks for sharing it. Please, I'm quite new to Quantopian and I hope you could apologize my simple question.
I see you're running the function "stop_loss" as a scheduled daily function.
When the code executes:
price_data = data.history(context.stock, "price", 4, "1d")
say today is Oct 7th, 2016,
what's the most recent value given by that instruction? is it the open price as of 9.30am of Oct, the 7th?
Also, are you sure it's:
return all(earlier >= later for earlier, later in zip(array, array[1:]))
I get increasing values rather than decreasing, so I'm a little confused.
Many thanks!
Angelo
Please sign in or
join Quantopian to
post a reply.
Need help?
Contact support.
Company
Learn & Support
Notices
Follow Us
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.