About this template
TI Money Maker attempts to put some directional logic guardrails around the Trade Ideas feature of OA.
It will assess a symbol to see if it is moving up and if so it will look for a SPS TI that meets its criteria to open. If no SPS TI is found it does nothing. However if the trend is not moving up it will then check to see if it is moving down and if it is it will then open a SCS TI that meets its criteria. If no SCS TI is found it does nothing.
It has an optional switch to enable looking for Iron Condors or Iron Butterflies. If the switch is enabled and the logic that checks for trending up or down fails it will then move into looking for an IC or IB, again utilizing Trade Ideas.
It is setup to use the Bot Symbols feature. It can be run with Stocks or ETFs. I've found that with Stocks sorting by IV works and with ETFs sorting by RSI works.
I have a few different versions of this running between Stocks, ETFs, and IC/IB on/off.
Here is a current screenshot of an ETF, IC/IB off version, paper trading
Here is a version running with Stocks, IC/IB Off version, paper trading
I realize its only been running for 5 days but this is my first attempt at a Bot so putting this out there looking for not only feedback on the logic within it, but more testers to see how it performs.
Please share any suggestions/feedback!
