Decision Recipes

2 min video

Comparing Underlying Symbol Price

Comparing underlying symbol price allows you to choose whether a symbol’s price is above or below a specific value before moving through the automation. Here is how to use it.

The decision recipe for comparing an underlying symbol’s price has three inputs:

Symbol
Above/below
Price

This decision recipe allows you to choose whether a symbol’s price is above or below a specific value before moving through the automation.

Screenshot of the automation editor with comparing underlying symbol price decision recipe displayed

Enter a symbol and select “Next.” The second field prompts a dropdown menu to choose if the security’s price is above or below the third field, where you manually input a price level. When you have finished creating the recipe, select “Save.”

Screenshot displaying the price level input for the decision recipe

You can also create a custom input, which allows you to input the field later to make the decision recipe dynamic across all automations.

The decision will be added to the list of criteria. You have the option to add more decisions to the recipe or return to the automation editor. When finished, select “Save” again to return to the automation editor.

Screenshot highlighting the save button used after completing the decision recipe inputs

The automation editor will display your completed decision criteria for comparing an underlying symbol price.

Screenshot of the decision recipe within the automation editor

You can always select the decision inside the automation editor and make changes to the criteria.

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When and how often is this price comparison done?

Price comparison is done on every bot run, which is currently at 15 minute intervals starting at 9:45 Eastern standard time and ending at 3:45 Eastern standard time.

Can I compare any stock or ETF?

No, not every ETF or stock symbol will be available on the platform. We do have a liquidity requirement that we run through, and we will add symbols upon request if they meet these requirements. Requirements may be different for stock trading versus options trading.

Is the number being checked ONLY on the interval of automation run or is it checking for all pricing since the last bot run?

Any number that has been checked during a bot run is only comparing the number at the exact time of the run. Readings that occurred between runs is not known or taken into account in anyway by the bot

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