Hi All,
So I got the algorithm to run with out any errors but it is not making any trades.
I was wondering if I could ge some asscistance with it.
Best,
Andrew
QUANTCONNECT COMMUNITY
Hi All,
So I got the algorithm to run with out any errors but it is not making any trades.
I was wondering if I could ge some asscistance with it.
Best,
Andrew
Hi Brian,
The BeforeMarketClose method expects a `double` at its second argument. Therefore, to place a Scheduled Event 30 seconds before the close, we can use
self.Schedule.On(self.DateRules.EveryDay(self.symbol),
self.TimeRules.BeforeMarketClose(self.symbol, 0.5),
self.event)
Note that for this scheduled event to be fired at the correct time, we'd have to be subscribed to second-resolution data or be trading in live mode where the event is triggered by the clock. When using minute-resolution data in backtesting, we recommend placing the scheduled event 1 minute before the close instead. Otherwise, the event will fire as a past event and the price of `self.symbol` will be outdated by 30 seconds.
self.TimeRules.BeforeMarketClose(self.symbol, 1)
See the attached backtest for reference.
Best,
Derek Melchin
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.
Andrew martin czeizler
I have tried to make the universe selection weekly.
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.
Andrew martin czeizler
So it looks like I got the algorithm to work, but does not seem to be making any trades.
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.
Andrew martin czeizler
Hi Alexandre Catarino sincere thanks for help with the above.
Given more serious thought with this algorithm, I now think that universe selection based on time and indicator strength does not really make much sense in this context. The strength of algorithm lies in the indicator ability to predict a trend. hence the time when the universe is rebalanced is, in turn irrelevant.
Thank you for your help again, I will now close this discussion.
Best,
Andrew
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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