Basically the title. Since we are to chose only the stocks from the S&P 500 list (https://blog.quantinsti.com/algo-trading-challenge-2020/), is there any way to set it as the base universe? If this can't be done, what are we expected to do in the contest? Choose a few stocks (that one knows) and form a portfolio and the trade them based on strategies we come up with? Any help is appreciated
Can you explain what you mean by 'set it as the base universe'? Are you referring to the pipeline mechanism in the help doc? In that case while it is certainly possible to select the whole S&P 500 universe as a pipeline, unfortunately, the live/ paper-trading part does not support the pipeline mechanisms yet. So in general, yes it is possible. But for this particular function, you have to declare a universe yourself first, and then apply your strategy/ rules to it.
Hi,
Thanks for the reply. I meant how can we set S&P 500 as the universe and from those 500 stocks, select the stocks to go long on or short based on the strategy created. For example, let's say I have got a mean reversion strategy, using this I will select those stocks which gives me a signal from the whole 500 stocks. I don't want to consider all the stocks traded on NYSE. I hope that's clear enough to understand. Sorry if this does not make sense, I'm just starting on this. Thanks