Purchase a specific dollar value worth of a stock/equity

JoshPhoenix · Sun, 13 Oct 2024 00:23:21 +0000

Hey all, Is it possible to code an algo to purchase a specific $$ amount of a stock, vs hardcoding the number of shares? eg if a stock is trading at $500 and to want to purchase $2000 worth of it, the number of stocks would be 4. if a stock was trading at $250, it would be 8 shares.

This topic has 2 replies, 2 voices, and was last updated 2 months ago by JoshPhoenix.

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10/13/2024 at 1:23 AM #238923

JoshPhoenix

Hey all,

Is it possible to code an algo to purchase a specific $$ amount of a stock, vs hardcoding the number of shares?

eg if a stock is trading at $500 and to want to purchase $2000 worth of it, the number of stocks would be 4. if a stock was trading at $250, it would be 8 shares.

JoshPhoenix
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10/13/2024 at 10:06 AM #238926

JS

Hi,

You can use the following:

If BuyConditions then

Buy 2000 Cash

EndIf

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JS
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10/14/2024 at 1:16 AM #238937

JoshPhoenix

Great, thanks 🙂

JoshPhoenix
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Purchase a specific dollar value worth of a stock/equity

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