Jake0303 / RobinHood-RSI-Trading-Bot

A Robinhood stock trading bot in Python using the RSI indicator https://youtu.be/kSLkRXY3NPQ
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Would this potentially trigger the "pattern day trader" in RH? #11

Closed emaxsaun closed 3 years ago

emaxsaun commented 3 years ago

Would this potentially trigger the "pattern day trader" in RH?

breitbarth commented 3 years ago

Not if you limit it to under 5 trades per stock


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Would this potentially trigger the "pattern day trader" in RH?

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emaxsaun commented 3 years ago

@breitbarth Thanks for the quick reply. What line controls that? Is that the rsiPeriod?

Jake0303 commented 3 years ago

Hi @emaxsaun yes it would, you would want to code some PDT counter that would increase by 1 for each sell then reset the PDT counter to 0 every day on market open.

emaxsaun commented 3 years ago

Thanks @Jake0303!