Anybody here use bots like Quantopian? I'm looking for advice on a part of my algorithm. I have this idea that I can use a bot to place and remove Stoploss orders so I can follow a stock up and sell near the peak without following it back down. My issue is with intraday fluctuations. If my Stoploss price is too close to the market price normal fluctuations can trigger it accidentally while the stock is still trending up. My current work around is to take the largest hourly candlestick and divide it by the average hourly, round up and add 1 to get a multiplier, take the average times the multiplier and set the Stoploss that much below the high. Is this the best way, or is there something else I can do to get close to the peak without accidentally triggering my Stoploss too soon?
Submitted November 25, 2017 at 08:50AM by Reverend_James http://ift.tt/2jlV74c
