Automated scanning for entries and position monitoring for exits.
Hybrid, semi-automated strategy
Uses custom buttons and actions alongside bot automations.
Trade paper or real money
Try risk-free paper trading or connect your brokerage account to trade live.
Setup to trade the following strategies
Manages multiple ticker symbols
Trades a basket of tickers you choose to automate diversification
Focused trading in one ticker
Trades multiple positions in one ticker for targeted customization.
No coding required, 100% customizable
You can easily modify this bot template to fit your exact needs or trading style.
About this template
Super simple bot for traders who want to Dollar-Cost Average to passively invest in their favorite stock with a reoccurring event around a typical pay schedule of the 15th/30th of the month. I pushed the ticker and amount inputs to the Bot Level so you can customize accordingly.
The monitor will not close out the trade(s) automatically, it just alerts you to being in an "oversold" area based on the 30 Day RSI and ROC indicators being >65 and >10.
This one can be built upon easily if you wanted to introduce other conditions for both entry and exits. I've left it minimal on purpose so you can alter it in your own way.
Lastly, there's a button to exit all positions if you want to take profit at some point.
Learn more about the options strategies this template could trade: