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Over-rebalancing

Hi,

I am quite new to Quantopian and have been working around a few algos to test out portfolios. My problem is that whenever I create a portfolio of stocks with order_target_percent and use a moving average or other signal for trading, the algo rebalances everyday or any day I tell it to do so via schedule_function. Is there anything that can be used to make an algo specifically trade only when a moving average indicator is crossed or when RSI is at a certain level, for a portfolio of equities.

Thanks

2 responses

Hi Charles-Andre,

Welcome to Quantopian! It sounds like you're off to a good start using schedule_function. If you want trades to be triggered based on indicator values, you can use variables in context to store a threshold value, and then in either your scheduled functions or handle_data, you can check whether the indicator has passed your threshold. If the condition is met, execute your orders.

Does this help?

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Yes indeed it did work with a little work. thanks for the tip!!!