Hold the Picks

Hold the Picksuniverse

No inputsNo output

Hold the Picks

Configures the universe — no wire out

Configure

stopLossPct

default 0

takeProfitPct

default 0

driftCheckEveryBars

default 0

driftBandRelPct

default 20

driftTradeTo

default band

reentryAfterStop

default next_pick

reentryCooldownBars

default 24

freedSlot

default cash

What it does

Buys the chosen coins at the weights the picker set and holds them. At every pick the plan is compared with what is held: a coin that dropped out is sold, a coin that stayed is kept (and only resized if its weight has drifted past the no-trade band), and a coin that joined is bought. Optional per-coin stop-loss and take-profit, and an optional drift check between picks.

What happens

Used only inside a Universe. It runs at the universe's refresh or pick instants over every allowed coin, using only data that had closed by then, and its wires carry coin sets, per-coin columns or selections rather than one value per bar.

When to use

Index and rotation universes — anything where owning the coin IS the strategy.

Gotchas

• A universe does one thing with its picks, so it holds either this or Run a strategy on each, never both.
• A coin that stays picked is never sold and re-bought, so staying in costs nothing.
• A stopped-out coin stays out until the next pick; its capital sits as cash unless you say otherwise.