Dual Action Bot
This is the second version (v2) of a bot that looks to regularly sell short-put spreads at the open when in an uptrend and will also sell short-call spreads to add protection to the outstanding put risk. I have built this out so that making changes to this bot as I watch it forward-test can be done easily as I suspect this bot will go through several iterations as both new functionalities are added to the platform and as forward testing sheds light on its behavior in real-time. Lastly, the Calls are solely designed to offset the outstanding risk of my Put Spreads.
Updates from V1:
- Realized I was mistakenly opening debit put spreads and not credit put spreads.
- Realized I was using an additional input inside of the calls monitor which was throwing an error because I was not using the Position input supplied by the repeater.
- Pushed the inputs to the bot-level settings for easier customization.