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I'm new to coding, so hence this question: I have strategies that uses a weekly consolidator to build weekly bars to calc the indicators and place trades. I also have a monthly rebalancing strategy that uses daily bars, but rebalances monthly using the self.Schedule action with a boolean rebalance flag.
I'm assuming I could also use a monthly consolidator to build a montly bar and not have any need for rebalancing logic. From the knowledgeable coders here is there a reason to do one vs the other? Or do they both have the same pros and cons in the same strategies?
Thanks!
Shile Wen
Hi Mark,
You should use scheduled events for rebalancing unless you need the open/high/low of the monthly bar.
Best Regards,
Shile Wen
Mark hatlan
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