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
Another simple stock trading bot. New to bots? New to options and prefer to start with something you know? Take a look.
This bot trades long equity positions, buying below a set level, and selling when the price rises above another set level. Each ticker traded by this bot requires dedicated scanner and monitor automations since the buy/sell levels are unique to each ticker. This limits the bot to trading five different tickers in total.
The scanner observes the "enable" switch setting and checks that no positions are already open in its ticker. It then checks its buy threshold price and the spread width before opening a position. The "enable" switch can be used to prevent the bot from taking on new positions while leaving the bot running so its monitor automations can still manage the exits.
A fresh clone of this template won't do anything very interesting. The default ticker is SPY and the buy/sell levels are set at $1 and $10000. So it won't place trades anytime soon.
The inputs can be customized for the ticker and prices you would like to use over your time frame of interest. The price levels do not automatically adjust so one of your "trade overseer" tasks will be to adjust these levels as appropriate.
New automations for trading additional tickers can be added by pressing the "+" buttons and selecting the new scanner/monitor automations to create. Then customize with your ticker and prices.
Here are some ideas for enhancing this bot:
add PDT checks, both for closing and opening positions
add a SmartStop to trail a profit target; this can be either before or after the sell threshold is reached