Selling stocks after a certain time by Nadeem Hussein

Nadeem Hussein

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So I am new to QuantConnect, and new to creating algorithms in general. I have been trying to develop a strategy that buys a stock from S&P 500 and sells it after a certain amount of time (say 15 minutes). How do I do this? I have been going through the bootcamp but it doesn't seem to be helping much. I'm not trying to create a stopMarketOrder, rather I want to sell the stock I bought after said period of time. This strategy is just to get my bearing on the programming language.

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Nadeem Hussein

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Shailesh Raval

994 ,

Please refer documentation on scheduled events

https://www.quantconnect.com/docs/algorithm-reference/scheduled-events

You may note/save trade time and then schedule call to self.MarketOrder() after adding required time period. Above link has sample/example algorithm as well.

Thanks.

Rahul Chowdhury

STAFF ,

Hey Nadeem,

A simple way of accomplishing this is by keeping track of when your entry trade was made with a variable. Then later checking whether the difference between the current time and the entry time has been at least 15 minutes before placing an exit trade. Here's a sample snippet.

class ParticleHorizontalCoil(QCAlgorithm): def Initialize(self): self.SetStartDate(2019, 10, 1) # Set Start Date self.SetCash(100000) # Set Strategy Cash self.AddEquity("SPY") # Add our equity self.entryTime = self.UtcTime def OnData(self, data): #If we are not already in a position if not self.Portfolio.Invested: #Place a market order and save the order time in our variable self.entryTime = self.MarketOrder("SPY", 100).Time else: #If we are in a position and it has been at least 15 minutes if (self.UtcTime - self.entryTime) >= timedelta(minutes = 15): self.Liquidate("SPY")

Nadeem Hussein

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