About this template
This bot is based on backtests which indicated zero draw downs on all the spreads. The only thing that showed a small draw down was the spy iron condor added at the end. The delta and profit taking are different for each spread per the results from the backtesting. I specifically traded smaller roc for fewer draw downs. All profit taking has a 2% trail. $1.00 min credit is required for new trades. In most cases the bot is looking for RSI over 70 or under 30. The bot will check one spread at a time starting with the spread that showed the highest ROC in backtesting. If over bought/sold + $1.00 min credit is not available then bot will proceed down the list to the next spread in line. If the bot goes through all the spreads without opening a position a spy IC will be checked for RSI between 30 and 70 and min credit received. The IC showed a small draw down so I put it last in line. This was made with a $2,000 account in mind. I used ETF’s only. If continued live testing goes well I will have the bot scale up as capital allows.
