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Hi all, I am trying to do a simple trailing stop loss, however I hit error:
Insufficient buying power to complete order
However, the next stop loss order is Filled and does not give me any error. Any help is appreciated, thanks!
https://drive.google.com/file/d/1dKLF4cUaX1e90oBi2VXZS7WgN6RaFF9A/view?usp=sharing
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Arthur Asenheimer
The algo submits a StopMarketOrder every second as long as you're invested in self.symbol. There is not enough buying power for all of these orders and that's why you get error messages.
In order to solve the issue you can check if there are already open orders for self.symbol before submitting a stop market order (see code snippet and attached backtest below).
openOrders = self.Transactions.GetOpenOrders(self.symbol)if len(openOrders) > 0:
return
But, if you want a trailing stop, you should store the order in a list and use the order.Update() method instead.
ZingerB
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 QuantConnect. In addition, the material offers no opinion with respect to the suitability of any security or specific investment. QuantConnect 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. All investments involve risk, including loss of principal. You should consult with an investment professional before making any investment decisions.
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