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Test algo - No trades generated

Hi all!

Actually trying to get the algos' programming logic, so I decided to build a very basic one but unfortunately, no trades are generated which is very frustrating:

Algo's Trading rule: Enter Long on TSLA if RSI > 51 and if RSI < 60. I'm pretty sure to miss something that might be an evidence for you, but I'm totally stuck with this. 

I first thought that the RSI indicator wasn't "updated" but even when I write an algo that should trade if the stock's price is > X, it won't place any trades.

Also, if I can get this to work properly, I'll be able to understand who to manage orders, data and indicators, In other words, I would be able to build any strategies so your help would be really appreciated.

Cheers!

import numpy as np

class RSIalgo(QCAlgorithm):

def Initialize(self):


# Define a date range and strating capital for backtest
self.SetStartDate(2018, 6, 24) # Backtest starting date
self.SetEndDate(2018, 8, 24) # Last date = Today
self.SetCash(10000) # Define the initial capital

# Select the stock to trade
self.tesla = self.AddEquity("TSLA", Resolution.Daily)


def OnData(self, data):


# Make the algo work every days
self.Schedule.On(self.DateRules.EveryDay("SPY"))

# Calling the RSI Indicator
self.rsi = self.RSI("TSLA", 14, MovingAverageType.Simple, Resolution.Daily)

# If we are not invest in TSLA and RSI crosses above 30 go long
if not self.Portfolio["TSLA"].Invested:
if self.rsi > 51 and self.rsi < 60:
self.MarketOrder("TSLA", 22)
Update Backtest







class RSIalgo(QCAlgorithm):

def Initialize(self):


# Define a date range and strating capital for backtest
self.SetStartDate(2018, 6, 24) # Backtest starting date
self.SetEndDate(2018, 8, 24) # Last date = Today
self.SetCash(10000) # Define the initial capital

# Select the stock to trade
self.tesla = self.AddEquity("TSLA", Resolution.Daily)

# Calling the RSI
self.rsi = self.RSI("TSLA", 14)



def OnData(self, data):



# If we are not invest in TSLA and RSI is above 51 and below 60, go Long
if not self.Portfolio["TSLA"].Invested:
if self.rsi > 51 and self.rsi < 60:
self.MarketOrder("TSLA", 22)

if self.rsi > 80:
self.Liquidate()

This is the code I wrote for the basic RSI algo, which is not working I don't know why.

When I execute this code, I get this error: 

Runtime Error: TypeError : Cannot get managed object
at OnData in main.py:line 26
TypeError : Cannot get managed object (Open Stacktrace)

0

The reason as to why the TypeError occured is because the RelativeStrengthIndex object was being compared to a number. In order to get the value of the indicator, use indicator.Current.Value. The algorithm below has the necessary fix:

1


Thanks Gurumeher! It is working fine now!

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Update Backtest





0

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