About this template
Broken Wing Butterfly Bot using Spreads based on Bobby's BWButterfly 6 Days or Less.
This is a version ive put in logic to play off reversals, but has not seen great returns as of late in the paper bot. I've re released a early version (v1) that has seen much better paper returns. no new pictures as of 19APR2024 due to starting new bot to try and turn this bot around)
Bot Will open Short Call Spread + Long Call Spread if Symbol is below 30SMA and price decreased since 1 day ago.
OR
Bot Will open Short Put Spread + Long Put Spread if Symbol is above 5SMA and price increased since 1 day ago.
Currently only setup for SPY and QQQ. Not much paper data yet, but first few trades went well.... Pictures:
