New version of the original Flathead that incorporates Loop Automation and trades 3 tickers: SPY, QQQ, IWM
The Flathead, a rather simple bot. It checks for somewhat elevated Vol - that we may see in the coming months - that is dropping (as compared to prior day). It checks for an ROR of 10%. If conditions are met it opens a wide IC in SPY at 10 Delta with $10.- wings between 25-35 DTE. This is a high probability trade that should work out more often than not. If market moves against position, the bot closes it once premium increases 250%. No adjustments are made.
Profit target is 90% with a 5% trail. You could also let contracts expire worthless instead of taking the 90% profit. I have set the VIX values between 17-35. You are welcome to adjust these to your liking.