How to sell a security during the day while on a daily resolution.

Hey Rishab Maheshwari,

you could add a scheduled event that fires each minute. It would look something like this:

self.Schedule.On(self.DateRules.EveryDay("SPY"),
                 self.TimeRules.Every(timedelta(minutes=1)),
                 self.SomeAction)
         

def SomeAction(self):
	#buy sell action

Hope it helps ;)

Best,

Nico

I get what you are trying to do with the one minute, but is there any way to get a smaller time frame? Currently, in my brokerage, I can set up an OCO order which will exit as soon as the stop loss or target price is met without having to wait a minute. Can this functionality be tested on QuantConnect? 

Hey Rishab Maheshwari,

you could try to do a scheduled event that is only seconds. Another method would be to change the resolution of the equity to minute or seconds. Then the OnData gets called each second/minute. For the buy logic, you could use a daily consolidator. Here's a boot camp lesson that talks about the consolidators.

Best,

Nico

Hey Nico Xenox, 

If I was to implement the following code

self.Schedule.On(self.DateRules.EveryDay("SPY"), self.TimeRules.Every(timedelta(minutes=1)),self.SomeAction)

how would I be able to get the current price of SPY each minute since when I added SPY as equity I used the following line:

spy = self.AddEquity("SPY", Resolution.Daily, dataNormalizationMode=DataNormalizationMode.SplitAdjusted) 

Hey Rishab Maheshwari,

as I mentioned if you want to work with multiple resolutions you will have to add consolidators to your code.

I attached a working code.

Please accept this if you're satisfied with my answer.

Best,

Nico