questraderebalancer's Introduction

Questrade Rebalancer

Script to buy and sell stocks/ETFs according to a predefined ratio.

This script is not trading on your behalf.

All trades must be manually confirmed by yourself.

By using this script you assume full responsibility any trades made.

Features

List your Questrade accounts
Per account rebalancing
Show the best orders to make to keep your account balanced using your remaining cash
Detect whether orders have already been created for the ETFs you've configured and not place any orders
Actually place those orders
Three strategies for rebalancing

Authenticating

You must create a personal app on Questrade and generate an API key.

Usage:

$ ./questraderebalancer -h
usage: questraderebalancer [-h] {show,rebalance} ...

Rebalance your Questrade account according to a predefined ratio.

positional arguments:
  {show,rebalance}
    show            Show various information about your account(s).
    rebalance       Rebalance your portfolio with various strategies.

optional arguments:
  -h, --help        show this help message and exit

$ ./questraderebalancer show -h
usage: questraderebalancer show [-h] {accounts,orders}

positional arguments:
  {accounts,orders}  accounts will display account details, orders will
                     display all open orders for all accounts.

optional arguments:
  -h, --help         show this help message and exit

$ ./questraderebalancer rebalance -h
usage: questraderebalancer rebalance [-h] [--preview-only]
                                        [--strategy {1,2,3}]
                                        [--import-ratios IMPORT_RATIOS]
                                        account

positional arguments:
  account               The account to rebalance.

optional arguments:
  -h, --help            show this help message and exit
  --preview-only        Test run. Doesn't place orders.
  --strategy {1,2,3}    Set the strategy type when calculating which
                        ETFs/stocks to buy and sell.
  --import-ratios IMPORT_RATIOS
                        Path to the ratios file. Defaults to
                        target_ratios.json in the current working directory.

Strategies

Buy the stock that will decrease the sum of r^2 between the account portfolio ratios and the target ratios.
Buy the stock that will decrease the sum of r^2 just from the available cash.
(TODO) Buy and sell to achieve account balance.