mobad / questradeRebalancer

Script to buy ETFs using available cash and rebalance according to configured ratios on Questrade

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

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

Other

You can find the original repo Here

Disclaimer

No blame thanks.