Get Option Alpha 100% FREE by connecting your TradeStation or Tradier Brokerage account! Learn more.
📣 Alpha One Closes Tonight!
This is your last chance to join! 👉 Learn more.
Home
Resources
Templates
TFMITH v0.97

TFMITH v0.97

Not yet ready for prime time, but close! Use at your own risk.
View risk disclosures
Fully automated trading strategy
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.
100% customizable template
You can easily modify this bot template to fit your exact needs or trading style.

About this template

v0.97: took out RSI requirement being > 90 to sell. It could trigger and cause PDT.
With RSI, I know it's oversold I'd want to get out. With BA it just bought/sold same day without any profit in my Real account and could've been a loss. 
Original justification was it's extremely oversold and there was a huge market event and will soon revert back, so take profits while you have them...

Backtesting research

Strategies traded

Learn more about the options strategies this template could trade:
No job listings found.
Last updated:
Dec 15, 2023
Originally shared:
December 15, 2023
No items found.
Created by
Last Update
Dec 15, 2023
Published
Dec 15, 2023
Version
1
Automations
17
Cloned
27
times
Upvotes
1
Clone template
Start free trial
Bot summary
Clone in 1-click
You can instantly clone this bot template and save it to you account.
Clone Bot

You might also like

No items found.

Automations

View details

Popular templates

All templates
10,080
clones

Monthly Iron Condors ($3k Portfolio)

by
@optionalpha
A fully automated iron condor strategy built specifically for small portfolios around $3k.
5,427
clones

Trendy Short Put Spread

by
@kirk
Weekly short put spread bot modified from a top backtested strategy inside Option Alpha.
4,029
clones

High IV Rank Iron Condors

by
@optionalpha
A classic bot strategy that scans for high IVR in a basket of tickers and sells wide iron condors.
3,942
clones

The Honey Badger

by
@kirk
The Honey Badger scans technical indicators like CCI and RSI and enters a certain position type based on those levels.
3,139
clones

RSI Swing Trading w/ Credit Spreads

by
@optionalpha
Sample template that outlines a swing trading strategy using RSI signals for trading credit spreads.
2,355
clones

RSI w/ Spreads (Small Account)

by
@kirk
Minimal RSI swing trading bot for small accounts with no overlapping positions.
2,316
clones

Synthetic Wheel

by
@diogo
Utilizes technical indicators to perpetually roll weekly credit put spreads.
2,214
clones

Cherry Picker

by
@optionalpha
An opportunistic bot that scans RSI, CCI, and Stochastics for short-term market tops.
1,904
clones

CORE Put Credit Spread (Beginner)

by
@optionalpha
Start with this CORE short put spread sample bot template if you're new to options trading or the autotrading platform.
View more templates
Be a more powerful options trader
Leverage automation to improve returns, find better trades, and transform into a superhuman trader.
Learn more
Try It for Free
MacBook mockup
Option Alpha logo
Platform
Resources
Education
Company
© 2024 Option Alpha. All Rights Reserved. Patent Pending USSN 63/118,547