I would like to perform a premarket search of all stocks where....
the float is less than 40,000,000
the stock has news
the price is between 2 and 8 dollars
the premarket volume is between 50,000 and 1,750,000
the premarket gap is a minimum of 15%
after the stocks are found, i would like to search the daily chart for each of these to check where yesterdays close > 50 ema, and 50ema > 200ema
-------------------------------------------------------------------------------------------------------------------------------
next i would like to understand how to ONLY take a trade if the price (during market hours) passes the premarket high
if i am in the trade, set me stop loss at the lesser of (price - 10 cents) or the low of the previous 5 minute candle.
profit target is set to a minimum of 2/1
if the first profit target is hit, scalp the trade by selling 50% at the 2/1 profit target, and update the stop loss to the average purchase price.
next profit target is 4 cents (scalp another 50%)
update stop loss to the first profit target
next profit target is 3 cents (scalp another 50%)
update stop loss to the 2nd profit target.
from here each 3 cents scalp 20% more until less than 10 remains in position size.
is QuantConnect capable of doing this? where can i learn how to do this?
