Decision Recipe: Evaluating Position Side [Video]

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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.

Evaluating Symbol Type

This simple recipe evaluates whether a ticker symbol is a stock or an ETF.

Comparing Underlying Symbol Properties

Comparing underlying symbol properties allows you to choose whether a property of an underlying symbol price is greater than, less than, or equal to a specific value before moving through the automation.

Evaluating Underlying Symbol Performance

Evaluating underlying symbol performance allows you to choose whether a symbol’s price has increased or decreased by a specific percentage over a set period of time before moving through the automation.

Evaluating Underlying Symbol Standard Deviation

Evaluating underlying symbol standard deviation lets you reference a ticker's price movement relative to standard deviation in a defined period.

Comparing Underlying Symbol Price to an Indicator

Comparing underlying symbol price to an indicator allows you to choose whether a symbol’s price is above or below a moving average indicator with a defined time period.

Comparing Multiple Underlying Symbol Indicators

Comparing multiple underlying symbol indicators allows you to compare the value of a symbol’s moving average indicator to the value of another moving average indicator for the same symbol, with different time periods.

Evaluating Underlying Symbol Implied Volatility Rank

Evaluating underlying symbol implied volatility rank allows you to choose whether a symbol’s IV rank is above or below a specific value before moving through the automation.

Evaluating Underlying Symbol Earnings Reporting

Evaluating underlying symbol earnings reporting allows you to choose the number of days until a security’s next earnings report.

Evaluating Underlying Symbol Price Probability

Evaluating underlying symbol price probability allows you to evaluate the probability of a symbol’s price being above or below a specific value in a certain number of days.

Evaluating Underlying Symbol Probability Within Range

Evaluating underlying symbol probability within a range allows you to evaluate the probability of a symbol’s price being within a defined range within a certain number of days.

Evaluating Bot Properties

Evaluating bot properties checks different bot values before making decisions inside an automation.

Evaluating Bot Available Capital for Opportunities

Evaluating bot available capital for opportunities checks if a bot has enough available capital to open a new trading opportunity.

Comparing Bot Position Count to Position Type

Comparing bot position count to position type allows you to make decisions based on the number of a particular position type in a bot.

Comparing Bot Position Count to Underlying Symbol

Comparing bot position count to underlying symbol allows you to make decisions based on the number of a particular symbol in a bot.

Evaluating Bot Position Count to Position Type and Underlying Symbol

Evaluating bot position count to position type and underlying symbol checks how many positions a bot has of a certain position type and ticker symbol.

Evaluating Bot Last Position Activity

Evaluating bot last position activity references the last time a bot opened or closed a position.

Evaluating Bot Last Activity with Underlying Symbol

Evaluating bot last activity with underlying symbol references the last time a bot opened or closed a position in a specific ticker.

Comparing Bot Active Orders Status

Comparing bot active orders status checks if a bot has active orders opening or closing a position.

Comparing Bot Active Orders Status with Underlying Symbol

Comparing bot active orders status with underlying symbol checks if a bot is or is not currently opening a position with a specific ticker symbol.

Evaluating Bot Position Availability

Evaluating bot position availability references a bot's position limits to check if the bot can or cannot open a new position.

Evaluating Bot Tags

Evaluating bot tags references if a bot has specified tags before making decisions in an automation.

Evaluating Opportunity Availability

Evaluating opportunity availability references a bot's position limits to determine if a bot can open a new position.

Evaluating Opportunity Return Expectations

Evaluating opportunity return expectations allows you to evaluate a position’s rate of return probability.

Comparing Opportunity Attributes

Comparing opportunity attributes allows you to reference a position’s attributes, like the bid-ask spread and Greeks, to make decisions.

Comparing Opportunity Leg Attributes

Comparing opportunity leg attributes allows you to reference specific options leg attributes to make decisions.

Comparing Opportunity Bid-Ask Spread

Comparing opportunity bid-ask spread allows you to reference a position’s bid-ask spread before moving through the automation.

Evaluating Opportunity Probabilities

Evaluating opportunity probabilities allows you to evaluate a position’s probability of profit to filter for opportunities when adding new positions.

Evaluating Position Performance

Evaluating position performance allows you to evaluate whether a position’s premium has increased or decreased by a certain percentage.

Comparing Profit Target to Trailing Value

Comparing profit target to trailing value uses the SmartStops feature to trail a position after a target is reached.

Comparing Position Time to Expiration

Comparing position time to expiration allows you to reference a position’s time to expiration to make decisions.

Comparing Position Duration

Comparing position duration allows you to reference an open position’s duration from entry.

Evaluating Position Underlying Symbol

Evaluating position underlying symbol allows you to make decisions based on the underlying symbol of a position.

Comparing Position Properties

Comparing position properties allows you to reference specific position properties before moving through the automation.

Comparing Position Leg Properties

Comparing position leg properties allows you to reference specific options leg properties before moving through the automation.

Evaluating Position Type

Evaluating position type allows you to make decisions based on an underlying position type.

Comparing Underlying Symbol Price to Position Leg

Comparing an underlying symbol's price to a position leg allows you to make decisions based on a position’s underlying price relative to an option leg in the position.

Evaluating Position Tags

Evaluating position tags allows you to reference if a position has specified tags before making decisions in an automation.

Evaluating Underlying Symbol Indicator Properties

Evaluating underlying symbol indicator properties allows you to make decisions based on an indicator’s properties for an underlying symbol.

Comparing Multiple Underlying Symbol Indicator Properties

Comparing multiple underlying symbol indicator properties allows you to make decisions by comparing indicator property values for multiple underlying symbols.

Evaluating MACD Technical Indicator

Evaluating MACD technical indicator allows you to use a ticker's MACD values to make decisions inside an automation.

Comparing Bollinger Bands to Symbol Price

Comparing Bollinger Bands to symbol price allows you to use Bollinger Band values to make decisions inside an automation.

Evaluating Stochastic Technical Indicator

Evaluating stochastic technical indicator allows you to set a ticker's K, D, and smooth period for a specified moving average.

Comparing VIX Properties

Comparing VIX properties allows you to make decisions based on the VIX’s value before moving through the automation.

Evaluating Market Time of the Day

Evaluating market time of the day enables you to make decisions based on a specific time inside an automation. Market time is based on the Eastern Time Zone - New York.

Evaluating Days of the Week

Evaluating days of the week decision recipe enables you to select a specific day inside an automation.

Evaluating Bot Switches

Evaluating bot switches checks if a certain switch is turned on or off in a bot.

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