Hey guys
Im new to this so bare with me. I am looking to do the following:
if you have on a time frame (say daily), if you have two consecutive down bars, and the third bar is an up bar, to store the open of the up bars price for future reference?
Excited to be part of the community and learn more!
Don't do it. Don't EVER store prices or volumes (or any data derived from them). These won't be split adjusted. If a split occurs (which is more often than you may think) then current prices won't be comparable to any prices you may have stored.
What you will want to do is to use pipeline and create a custom factor to make your comparison each day.
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.
