Hi,
Is there a way to create a simple algo that do the following:
- buy 95% of the portfolio in SPY
- buy 5% of the portfolio in VXX (or VXXB)
Rebalance VXX on a daily basis to keep the 5% ratio.
It is my firts algo trading experience, any help would be greatly appreciated.
Thank you,
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.
Hi and welcome!
Yes, that's absolutely possible.
If I were you, I'd start reading up on the documentation and going through the Bootcamp available in the terminal to learn the basics of the framework (such as how to add securities to your algorithm, open positions as %age of portfolio, rebalance, etc.)
To schedule events, have a look at this documentation entry.
Good luck!
Hi Jeffrey.
It is relatively simple to construct this algorithm using QuantConnect. I've attached a backtest where I demonstrate how to invest in the ETFs VXX and SPY and then rebalance the portfolio daily so that weights remain constant, 95% in SPY and 5% in VXX. Good luck!
Thank you very much for the help folks, very useful info!
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!
Send an award to
Choose a Credit PackQuantConnect Credit (QCC) can be applied to your cloud-invoices or gifted to others in the community with Community Awards in recognition of their contributions. Community Awards highlight the awesome work your fellow community members are doing and inspires high quality algorithm contributions to the community. Select an option below to add QuantConnect Credit to your account:
$10
1,000 Credit Points
$20
2,000 Credit Points
$48
5,000 Credit Points
5% bonus
$232
25,000 Credit Points
8% bonus
| Credit Pack |
| Total |
|
Start New Discussion 
Back
Reward Discussion 
3
