Automations are the set of instructions you give the bot. You tell the bot what to look for, what to filter out, and what decisions to make.
Automations use actions a follow a "Yes/No" framework to open and close positions.
There are three automation types available to maximize flexibility inside a bot:
Scanners, monitors, and events can be used to enter, exit, and manage positions based on specific criteria.
Bots can have five scanner automations, five monitor automations, and five repeating schedule event automations of each type (daily, weekly, monthly, etc).
Bots can access 10 tickers per day.
Automations are located in the automations tab.

Scanner Automations
Scanners are active throughout the day looking for new opportunities. You can have up to 5 scanners inside of every bot, with each scanner referencing multiple criteria and ticker symbols as it searches for opportunities to enter a new trade.
Scanners run on defined time intervals during market hours and will not open a new position if it violates an allocation or position limit.
You have complete control of the decision criteria you want the bot to reference when searching for opportunities.
Scanners can be created, reused, or cloned and added to any bot. Decision recipes can be used within a scanner to open a new position. Scanner automations typically end with an open position action.

Monitor Automations
Monitor automations manage positions. Monitors only trigger once a position is opened.
Monitors continuously watch active open positions and look to exit or adjust positions based on the decision criteria you input. Like scanner automations, monitors run on defined time intervals.
Monitor automations typically begin with a loop positions action and end with a close position action to exit the trade. The loop positions action tells the monitor to repeat through all positions of a certain type and repeat the same actions throughout the bot for all applicable positions.

Event Automations
Event automations run either on a specific date and time, on a repeating schedule, or when something occurs inside the bot.
Unlike scanner and monitor automations, which continuously run at defined intervals, events can be scheduled, run immediately when another position is opened or closed, or trigger with the click of a button.

There are multiple event types that can be automated:
On a specific date
You can run an event on a specific date or time in the future. For example, if you wanted to enter a position on the first trading day of every month, you could schedule it with an event automation.
On a repeating schedule
You can run an automation on a repeating schedule. For example, you can schedule an automation to run every Monday and Friday at 3:00 p.m.
Open new position and close position
An automation is triggered to run one time if a new position is opened or an existing position is closed.
Buttons
Buttons are events that run an automation at the click of a button. Any time the button is clicked, it will immediately run the automation. Customized buttons can be created for any scanner or monitor automation and added to the bot dashboard.