About this template
Iron Condor Wheel Scalper:
Concept: Open 5 ICs at around $500 allocation each. Monitor bot P/L and get out when total is > $230. Rinse and repeat.
Needed to use a mix of 07DTE and 30DTE because there are not enough tickers to give weekly 07DTE ICs. Thus 2 scanners.
Been running for around 20 market days on paper see chart below. Win rate is not as important as cycles. If you can get 1-2 cycles per week then you are looking at 200-500$ per week gains. I have asked OA for a % trails feature for bot P/L once that is available this would perform a bit better since it would be easier to follow up when all the stars align instead of a hard exit at 230. $230 was chosen because it is around 10%. I did not test any of the variables this was pretty much the first cut.