Back

Liquidate positions using the schedule API

From this Jared's suggestion in this post:
https://www.quantconnect.com/forum/discussion/1037/day-trading-close-all-positions-at-close-of-day/p1

Schedule.On(DateRules.EveryDay("SPY"), TimeRules.BeforeMarketClose("SPY", 10), () =>
{
Liquidate();
});

I'm a total newb but using the basic template, I'm trying to place orders and close them out. I was testing using 1 symbol but the algorithm buys and then immediately sells the security. How do I fix this so that I can control when the initial order is placed?
Update Backtest








Hi Dennis, data is pumped into the OnData() event every minute of the day. In your event handler the logic says: if no holdings, buy dust. So if you sell at the end of the day, it will immediately rebuy on the next minute. YOu need to control when you trigger the Order("DUST", quantity); I'd recommend brushing up on our API and some CSharp tutorials :) quantconnect.com/docs
0

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.


Hmm. If that's the case, why doesn't the order get placed at the beginning of the day at 9:30 since I already liquidated the prior day's holdings? Why does it wait to buy right before close?

I'm sorry if it's a silly question. I'm trying to get familiar with the API by going through the source code but for someone new to C# and programming, it's pretty daunting.
0

Update Backtest





0

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.


Loading...

This discussion is closed