Creating bot clones and templates in the Option Alpha autotrading platform enables you to quickly and easily reuse and share entire trading strategies. You can clone your own bots or bots shared in the Community. With clones, you can immediately create a bot, edit its settings, and add it to your portfolio.
Cloning an existing bot
A clone creates a copy of an existing bot.
To clone a bot from your portfolio, click on the gear icon and select “Clone Bot.”
Cloning a bot is like creating a new bot. You can rename the bot and change the icon, adjust position or allocation limits, select an account, add or remove tags, and set default values for any bot-level inputs.
All automations and custom inputs are automatically transferred to the clone. You can alway edit an automation.
By default, the bot is turned off when the bot is cloned. Simply toggle to “On” when you are ready for the new bot to be active.
Cloning is an efficient way to take the framework of a bot and instantly replicate and modify its settings without creating anew bot from scratch.
Creating a new template
Templates enable you to save and reuse a bot in the future, where it can be easily cloned, modified, and added to your portfolio.
You can save the template as a New Template, or update an existing template and override the old one with a new version.
Templates are a great way to memorialize a trading strategy and share it with other traders. Template automations can be viewed, but not edited; you can clone a template to create a bot and edit the automations.
You can always see when a template was most recently updated, the version history, and how many times it has been cloned. You can also add private notes to a template that won't be seen if you share the template.
Templates are automatically saved to you library. You can access your saved templates from the bot homepage. You can also find more templates shared in the Community.
The Community's "Templates" section is a collection of all bot templates shared by Option Alpha traders.
You can filter through all the templates using four categories.
Shared templates include a bot description and a list of all the bot's automations.
You can instantly clone shared templates, edit the settings or automations, and add them to your bot portfolio.