Big announcement!
Get a FREE Pro+ upgrade by connecting a qualifying Tradier Brokerage account! Learn more.

Comparing Position Duration

The 'Position has been open more than 1 market day' decision references a position’s duration from entry.


FAQs

Why would I use a Repeater action with this recipe?

Repeater actions cycle through all open positions. You may want to ensure every position is referenced.

Can I use this automation to open a position?

Position decisions are best used in monitor automations to close a position.

Can this calculation be done on stock or is it for options only?

You can reference how long a position has been opened for stocks and options.

If I use the "Exactly" function and that day lands on a holiday or weekend, what happens?

The automation will result in a "No" because the automation will not run on weekends or a holiday.

Is the number of days designator based on just trading days or does it include weekends and holidays?

All calendar days are used when comparing how long a position has been open.

Can I combine multiple criteria together in an automation?

Yes, you can group and nest multiple decisions with "and/or" functionality.

Related articles

Was this helpful?

Please share feedback with our team.
Author
Kirk Du Plessis
Founder
No items found.

Find new trade ideas

Option Alpha calculates probabilities for millions of potential options positions using live market data so you can find new ideas without the guesswork.
MacBook mockup