Automation statuses tell you what automations are currently running, what automations are waiting to trigger, and when an automation last ran inside your bot.
An automation’s status is typically a byproduct of the bot’s allocation and position limit settings.
For example, this bot has a capital allocation of $5,000, a daily position limit of two positions, and a total position limit of three positions. Bot capital allocation limits are calculated at position entry.
Because the bot already has three open positions, the scanner automation intuitively knows not to actively search for new positions to enter. Therefore, the scanner automation is sleeping, and its status is “Waiting.”
The bot is still on and active. Once a position is closed, and there is availability to add more positions, the automation will automatically continue scanning for new opportunities.
Because there are open positions inside the bot, the monitor automation is actively managing those positions. Its status shows that it last ran ten minutes ago.
Conversely, in this example, the bot has no open positions. Therefore, the scanner automations run at their designated interval, looking for new positions to enter, and the monitor automations are waiting for a position to manage once it has been opened.
If a bot has open positions and room to add more positions, scanner and monitor automations will be active and running on schedule.
If the bot is turned off, all automations automatically default to off until the bot is turned on again. Automations no longer run on their scheduled intervals, and any open positions in the bot will need to be managed manually.