Hello,
I am new to this platform. If some one could give me a example of a simple algo that scans the markets and goes long any stock that is over the 8 ema and shorts any stock that is under the 8 ema. Then gets out of a position if it hits 2 average true range and stops out if it hits 1 average true range.
Very basic just for learning the platform and quantconnects functionality.
Thanks
Armin Ranjbar
Hello,
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have a look at the github repo, tons of code examples there
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Halldor Andersen
Hi Dylan.
Welcome! I suggest you check out BootCamp and this documentation section on Universes to get started
.I've attached a backtest where I demonstrate how to select a list of high volume stocks using Coarse Universe Selection and determine whether the stock price for each stock in the universe is above the Exponential Moving Average (EMA).
If the stock price is above its EMA, then the algorithm buys the stock and sets Take-Profit and Stop-Loss levels using Average True Range (ATR).
This algorithm can be extended to identify and short stocks that are in a down-trend. Good luck!
Dylan Travis
Thank you so much halldor this is great. And perfect for me to start playing around with.
Dylan Travis
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