Hello Community, i'm new in quantconnect, but i have used other similar backtesting sites, where you can scan for stocks that meets certain parameters.
But looking to quantconnect way to add data, i see that the only way is to add a list of predefined equities or a single security, but the problem is that for my code i don't have the list of equities, instead of that i scan for stocks with the next criteria:
Gap Up = +15%
Price= Under $30
Volume = Above 500000
And then use the results of the scan for backtesting.
Is possible to do this?
Tobias Fischer
Michael Handschuh
Yingzhong Xu
Ryan Rayfield
Jared Broad
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Jim Lawson
Jhon,
I'm lookin to do something similar to what you described above, however I'm very new to this platform and I'm having trouble finding an algorithm to clone as a working example of where I need to start. Do you mind sharing an algorithm that performs the scanning and alert feature you described above?
Bryan Wang
Hey Jim,
I have been playing around with the Universe Selection, and created an algorithm that scans the universe of stocks, and selected the top 100 by dollar volume each day. It also records their prices each day into a rolling window of 20 days, and then selects the top 10 stocks with the largest positive price change, and the top 10 stocks with the largest negative price change. The algorithm is very profitable, but it is very interesting to see the power of the universe selection and the potential it has for future algorithms.
Let me know if you have any questions about my algo.
Jhon molano
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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