Share New Research 
I wrote my algo in MetaTrader 5, in which I can turn on-off the allow-hedging toggle. It seems to me that hedging on the same asset, say a forex pair, is not allowed in QuantConnect, please confirm. If I'm mistaken, please send me the resource links to educate me.
QUANTCONNECT COMMUNITY
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.
QuantConnect™ 2025. All Rights Reserved
Mia Alissi
In QuantConnect, you can indeed create a hedging strategy. However, it's important to note that the platform doesn't have a specific "allow-hedging" toggle like MetaTrader 5. Instead, you would need to design your algorithm to implement the hedging strategy.
For example, in a forum discussion, a user shared a Hedged Equity Algo template that demonstrates how to set up multiple alphas for separating long & short positions, and how to set up multiple universes for the long & short symbols. This could be a starting point for you to understand how to implement hedging in QuantConnect. You can find the discussion here.
Also, it's worth noting that QuantConnect supports multiple brokerages, and each brokerage might have its own rules and restrictions regarding hedging. For instance, the Kraken brokerage model is explained here.
Remember, QuantConnect uses LEAN, a cross-platform, multi-asset trading engine. It allows you to design sophisticated trading algorithms using Python or C#. You can find more about writing algorithms in QuantConnect here.
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.
Elham Negahdary
I'm not talking about having hedging strategies, say trading across different equities. To be more specific on the term “Hedging” here for me: I'm talking about holding a buy and sell trade at the same time on FOREX pairs. As far as I see, this is not a feature QC provides. Am I right?
Mia Alissi
Yes, you are correct. In QuantConnect, you cannot hold both a long and a short position on the same asset at the same time. This is confirmed by Jared Broad, the founder of QuantConnect, in a forum discussion.
This limitation is due to the way QuantConnect averages portfolio positions. Implementing such a feature would require tracking each position individually, which is not currently supported in the LEAN engine that powers QuantConnect.
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.
Elham Negahdary
Thanks for the prompt response.
Mia Alissi
You're welcome, Elham! If you have any other questions about QuantConnect or algorithmic trading, feel free to ask. Happy coding!
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.
Elham Negahdary
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!