We’ve improved automation sequencing for more logical decision timing. Although it may not seem that significant, this update has a big impact on your automations. There are two substantial changes as a result of this newest platform update.
First, loop actions now process the automation’s entire decision tree one symbol at a time rather than concurrently.
For example, if your symbol loop has SPY, QQQ, GLD, and TLT, the automation will run every decision on SPY first, then QQQ, and so on. The bot will open positions in the order of your symbol loop. Therefore, if the first ticker enters a position, the bot will then check if capital is available to open a position in the next ticker.
Second, monitor automations now run before scanners. This is important because it allows the bot to close or adjust existing positions before attempting to open a new position.
This provides a more intelligent approach to automated trading by letting bots evaluate allocation and position limits after closing a position in a monitor.
Sometimes seemingly small changes go a long way when it comes to functionality. These two automation sequencing updates improve the overall efficiency of bots, so you have even more control and flexibility in your automations.