If you’re like most investors, you evaluate more than one set of market conditions before entering a new trade. Sometimes you may want to confirm that multiple criteria are true, while other times, you may want to check different indicators to ensure that at least one of your entry checklist items is valid.
Now you can group decision recipes inside an automation so a bot can reference multiple decision criteria simultaneously.
Grouping criteria allows you to split automations into multiple branches, giving a bot flexibility to follow different paths based on market conditions.
Any time a decision action is added to the automation editor, it splits the branch into a yes and no path. Current market data determines which path the automation will take. You can group a nest of decisions to ensure that multiple criteria are applicable.
A group of decisions forces the automation to confirm that either two or more criteria are true, or at least one thing is true, depending on the and/or functionality you select.
You can always split the recipes into individual decision blocks. This is useful because you may want to make decisions in sequential order.
You can nest decisions to extend the functionality of a single decision action. Nesting creates a subset of decisions that add a layer of contingency to one or more recipes in a group. You can control the specificity of a subset of decisions.
You can create complex and specific custom nodes. For example, after the automation verifies that SPY increased by at least 1% yesterday, the automation will continue down the “Yes” path if any of the three remaining recipes are true.
Grouping and nesting decisions create powerful opportunities for bots to follow detailed instructions and make decisions in a single decision action with nested recipes. You have flexibility and control over exactly how you make decisions inside an automation, and you can tell the bot exactly how to move through multiple decision recipes.