trophy

Long Only, ETF Alpha Streams Competition with $27,500 Prize Pool      T-17

Back

Question about MarketOrder

Hi there,

I want to create two different orders of EURUSD, and then liquidate the second one. Why doesnt the following code work?

ticket1 = self.MarketOrder("EURUSD",1000)

ticket2 = self.MarketOrder("EURUSD",1000)

ticket2.Liquidate()

If you have multiple MarketOrders, how do you liquidate individual orders? Thanks

 

Update Backtest







0

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 Mikael.

The code does not work because the method Liquidate() does not exist on MarketOrder().

Use self.Liquidate() to liquidate all units held in security. To sell a portion of total holdings use self.MarketOrder(). For example, to sell 1000 units of EURUSD:

self.MarketOrder("EURUSD",-1000)

Alternatively, use self.Sell():

self.Sell("EURUSD",1000)

I've attached a backtest where I demonstrate the above by buying 3000 units of EURUSD and selling in total 2000 units using both methods.

Check out this documentation section on Tracking and Managing Orders for further information.

 

0


Update Backtest





0

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.


Loading...

This discussion is closed