I need a relatively simply algorithm built, designed to repeatedly buy X number of shares when the share price increases by Y% and sell X number of shares when the share price decreases by Y%. I would like this to be an ongoing command. So, theoretically, the code would sell high and buy low multiple times a day. I am new to coding, and I could use a little guidance.
Thank you,
Ryan
Patrick Star
Hi Ryan,
Here is a sample code. Congratulations! you made more than 20% YTD from AAPL.
But you should never do this with real money. It's rather a dangerous thing to do. The only reason that it's performing well here is (probably) because AAPL was bullish during this time. If you change the symbol to something else, like SPY the results will be different. Also remember this is past performance, the future may not be the same.
Ryan Quinley
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.
To unlock posting to the community forums please complete at least 30% of Boot Camp.
You can continue your Boot Camp training progress from the terminal. We hope to see you in the community soon!