Monitor automations manage open positions inside a bot. Monitors actively manage different strategy types and only trigger once a position is opened with a scanner or event automation. Bot monitors typically end with a close position action and exit or adjust a trade when your decision criteria are met.
Scanner automations look for opportunities to enter new positions based on the decision recipes you create. Scanners filter through market criteria and work through a decision tree to open a position.
No, monitor automations only run when there are open positions to manage. Monitors will automatically trigger when a position is opened in a bot.
Currently, you can add five automations to a bot.
You can make monitor automations as simple or complex as you like.
If the order isn't filled, the monitor automation will attempt to close the position again at the next interval.
Yes, you can build adjustments into your monitor automations, but keep in mind that the monitor will no longer evaluate a position as a whole. It can only manage the separate parts as individual positions.
Not necessarily. You can re-use monitors if the automation applies to different strategies with the same position type. You can always create new monitors.
No, if you turn your bot off, none of your automations will run.
Scanner automations look to open positions while monitor automations manage the open positions scanners entered.
Yes. You can re-use any automation. You can also create a copy of an automation.
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