Tag:

Automations

Automations are the set of instructions a bot goes through. Automations use detailed actions to tell the bot what to look for and what to do.

3 Smart Ways to Use SmartStops

3 Smart Ways to Use SmartStops

Automatically Scan a Watchlist of Ticker Symbols Inside Your Bots

Automatically Scan a Watchlist of Ticker Symbols Inside Your Bots

Bot & Position Tags: Where Precision Meets Flexibility

Bot & Position Tags: Where Precision Meets Flexibility

Introducing Automation "Switches"

Introducing Automation "Switches"

Test Automations Directly Inside the Automation Editor

Test Automations Directly Inside the Automation Editor

The Power of Reusable Automations Across Multiple Bots

The Power of Reusable Automations Across Multiple Bots

New Decisions to Check Bot Trade History & Active Orders

New Decisions to Check Bot Trade History & Active Orders

Master Your Decision Timing With These Automation Sequencing Improvements

Master Your Decision Timing With These Automation Sequencing Improvements

Choose Your Path with these Automation Editor Improvements

Choose Your Path with these Automation Editor Improvements

Now Your Bots Can Make Decisions Using Market Days or Calendar Days

Now Your Bots Can Make Decisions Using Market Days or Calendar Days

Increased Automation Flexibility With "Stock or ETF" Decision Recipe

Increased Automation Flexibility With "Stock or ETF" Decision Recipe

All Your Automations Are Now Saved to Your Library

All Your Automations Are Now Saved to Your Library

Using Folders for Organizing and Grouping Bot Automations

Using Folders for Organizing and Grouping Bot Automations

Easily Edit Automation Paths With Negated Decisions

Easily Edit Automation Paths With Negated Decisions

We didn’t find any blogs with this tag so here's some new articles.

How to Automate a Bollinger Band Strategy

How to Automate a Bollinger Band Strategy

Option Alpha Announces Tradier Integration

Option Alpha Announces Tradier Integration

We Analyzed 20,000 Options Trades: Here’s What We Learned About Position Swings

We Analyzed 20,000 Options Trades: Here’s What We Learned About Position Swings

3 AAPL Bullish Options Strategies Backtested

3 AAPL Bullish Options Strategies Backtested

Expanded Strike Selections Give You Even More Control

Expanded Strike Selections Give You Even More Control

New Community Groups For Targeted Conversations

New Community Groups For Targeted Conversations

Enhanced Bot Performance Stats

Enhanced Bot Performance Stats

Crowdsource Backtests in the Community

Crowdsource Backtests in the Community

Master Your Decision Timing With These Automation Sequencing Improvements

Master Your Decision Timing With These Automation Sequencing Improvements

Group Multiple Technical Indicator Signals Inside Your Bot Automations

Run Any Automation Instantly

Quickly and Easily Test Bot Automations

Renaming Custom Inputs Inside Automations

Clear Bot Logs in One Click

We didn’t find any tutorials with this tag so here's some new videos.

Filter for Tight Bid-Ask Spreads

Estimate the Probability of Maximum Loss

Close Positions Based on Their Time Until Expiration

Add Multiple Profit-Taking Bot Buttons

Add a Bot Button that Liquidates All Positions Instantly

Filter Trade Opportunities for a Minimum Rate of Return

How Bot Allocation Limits Work to Protect You from Overtrading

Use Criteria Groups and Sub-groups for Targeted Decisions

Build Spreads with a Minimum Probability of Success

8 Popular Decision Recipes for Automated Trading

Decision recipes are the building blocks of automations. On this episode, we highlight eight popular decision recipes used in the autotrading platform.

Automated Does Not Mean Unattended

On this episode, we talk about the future of automated trading, if automated trading provides an edge, and the possible downsides of automated trading that you should carefully consider.

Fully Automated Trend Trading w/ Stocks or Options

This podcast walks through the two macro trend bots we built to demonstrate how you can start leveraging the new automation tools at Option Alpha to trade either stocks or options in a trend.

An Automated Way to Start VIX Hedging

In this episode I walk through just one type of strategy that I think is the tip of the iceberg for situational trading and hedging bots. This example automates hedging using the VIX.

We’re Launching the 1st Automated Trading Platform for Options

In this episode we answer some common questions about the new autotrading platform. We’re also going to go through some of the features you will love about it.

Interview w/ Larry Connors – "Buy the Fear, Sell the Greed" Book Review

On this podcast we interview a very special guest, Larry Connors, and discuss his new book, "Buy the Fear, Sell the Greed."

We didn’t find any podcasts with this tag so here's some new shows.

Shop Talk: Autotrading Expectations, Trading Routine and Consistency, and Market Update

In this week's shop talk, we explore how to manage your autotrading expectations, and share tips for trading routine consistency, and discuss current market news.

Shop Talk: Twitter Bid, Oil Volatility, and Strategy Selection

We "talk shop" about the recent news with Elon Musk's Twitter bid, why people are attracted to IPOs, selecting and refining the right strategy, crude oil volatility, habit-forming and changing, and what we have noticed in markets recently.

The 15 Trading Psychology Questions to Ask Yourself If You Don't Have a Trading Coach

In this episode, we present a collection of questions to help you dig deep into your psychology and mindset around trading.

Build A Fully Automated Options Portfolio with $3,000 in 1-Click

On this podcast, we introduce a new bot template that you can clone with one click. This bot is perfect for traders with portfolios of around $3,000.

What I Learned From NOT Trading Last Year

I did not trade last year. My attention was focused on the launch of the autotrading platform and not on the daily routine of trading. The year away provided many lessons that I want to share with you all in this episode.

How Smart Traders Allocate Capital Efficiently Inside Their Bots

In this show, we'll highlight ways to allocate capital inside your bots and unpack some thought-provoking questions you should consider when building your automated trading strategies.

Iron Butterfly Strategy - 8 Tips Before Your Next Trade

The iron butterfly strategy is popular for traders of all experience levels. This episode explores the basics and provides 8 actionable suggestions you should consider before placing your next trade.

12 Complex Things That Are Simple To Automate With Bots

Trading doesn't have to be complicated. Before automation, you had to complete countless tasks manually for every position. Now you can automate these repetitive processes with bots. Here are 12 examples of complex things you can automate with bots.

The Doors Are Open to Autotrading & The Next Chapter of Option Alpha

In this episode, we share how to get access to our new platform and what comes next on your autotrading journey. We’ll also explore why we built the platform, what it does, and what’s next for Option Alpha.

Stochastic Swing Trading Bot

MACD Indicator Bounce Bot

We didn’t find any workshops with this tag so here's the recently recorded ones.

Minimal Iron Condor Bot

Covered Call Synthetic Bot

Trend and Momentum Bot

Technical Swing Trading Bot

MACD Indicator Bounce Bot

Stochastic Swing Trading Bot

Sequential 45 DTE Iron Butterfly

1 hour, 31 min video

Automated Bollinger Bands Bot

Running A 100 Ticker Strategy With Reusable Automations

No lessons with this tag were found.

We didn’t find any lessons with this tag so here's some popular videos.

Paper vs. Real Money Trading

Long-Term Consistency

The Importance of Liquidity

Maximum Capital Usage

Cutting Your Commissions

Diversify Across Options Strategies

More "Robot-Like" Trading

Optimal Probability Level

The Cost of Slippage

No videos with this tag were found.

We didn’t find any whiteboards with this tag so here's some new videos.

Iron Condor Break-Even Prices

Bull Put Spread Break-Even Price

Stock Split

Stock Gap

Reverse Stock Split

Option Contract Multiplier

Iron Condor Risk Calculation

Iron Condor Profit Calculation

Historical Volatility

What is a Bot?

A "bot" is an automated trading strategy that runs inside your portfolio. Bots automate your stock or options trading strategies. Here is what you should know to get started.

Scanner Automations

Bot scanner automations look to open new positions based on your decision actions.

Automation Types

Automations are the set of instructions you give the bot. Here is what you need to know about the different automation types.

What is an Automation?

Here is everything you need to know about automations as you build your bots.

The "Honey Badger" Bot

The famous Honey Badger bot uses multiple decision criteria to enter one of three different strategy types based on market conditions.

Decisions

Decision actions allow bots to conditionally follow yes/no paths inside an automation. Learn how decision recipes reference different market, positions, and opportunity criteria.

Loop Symbols

Looping through symbols is a clever way to scan through a “mini watchlist” of potential symbols that you want to make decisions on before opening a new position.

Monitor Automations

Bot monitor automations manage open positions.

Automation Editor

The automation editor is where you enter the actions for your bot to perform. Here is what you need to know to get started creating automations.

Hybrid Spreads Bot

Not all your trading needs to be automated. Learn how to manually open a position with a bot button and use a monitor automation to manage the position.

Bot Level Inputs

Bot level inputs are advanced functionality used to send the custom input fields created in an automation to the bot level for higher control and more flexibility.

Using Custom Inputs

Custom inputs are dynamic tools used in decision recipes across different bots and automatons to give you added flexibility. Learn how to leverage the power of custom inputs.

Event Automations

Bot events are flexible automations that are triggered on a schedule or when something occurs inside the bot. There are multiple bot events you can use to run an automation.

High IV Rank Iron Condor Bot

Looking for an iron condor strategy that capitalizes on high implied volatility? Learn how to create a bot that uses IV rank to filter opportunities and automatically open positions when your criteria are met.

Best Practices

Here is what you need to know as you plan your trading bots from start to finish.

Key Concepts

Here are the key concepts and definitions you should know about the Option Alpha autotrading platform.

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 Position Performance

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

Backtesting Results Summary

You can review the performance of your backtest in the results summary. You can test different capital allocations and analyze different performance metrics.

Activity Summary

The Position Statement's activity summary lists all of the bot's current and past activities. Here is what you need to know when navigating the activity summary.

Copying Automations

Automation copies are useful if you want to reuse an existing automation and modify part of the automation's actions.

Evaluating Opportunity Return Expectations

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

Notifications

In-app notifications allow you to create custom alerts based on specific criteria inside an automation. Learn how to use an action to add and manage notifications.

Evaluating Position Side

Evaluating position side allows you to make decisions based on whether an underlying position is long or short.

Testing Your Bots

Testing your bots is a critical part of the process when creating your portfolio. Be confident your bots will perform how you anticipate with the test button.

Evaluating MACD Technical Indicator

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

Editing Automations

You can easily edit an automation any time. Editing automations gives you flexibility to change the workflow of decisions in your bot as markets change and your strategy evolves.

Automations Library

The automations library is where you can save, organize, and edit all of your automations inside your account.

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.

Evaluating Bot Switches

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

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 Opportunity Probabilities

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

Power of Bots

Bots are powerful tools that give you the ability to automate any stock or options trading strategy in your portfolio. Here is how you can leverage the power of bots.

Loop Positions

Looping through positions is a powerful way for bots to loop through your existing positions and manage just the positions you want, using the specific criteria you define.

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.

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.

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.

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 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.

Updating Shared Templates

Learn how to update a template you've shared with a new version. Updating your shared templates is a Community best practice.

Working Orders

Learn how to view the open, unfilled working orders inside your bots.

Evaluating Symbol Type

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

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.

Reusing Automations

Reusing an automation allows you to easily extend the functionality of a strategy throughout your portfolio, saving time and giving you flexibility.

Comparing Position Properties

Comparing position properties allows you to reference specific position properties before moving through the 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 Position Underlying Symbol

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

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.

Comparing Position Leg Properties

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

Evaluating Opportunity Availability

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

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.

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 Position Type

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

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 VIX Properties

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

Comparing Position Duration

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

Posting Publicly

Post ideas, links, images, templates, and automations in public forums to help the Community learn and grow as traders.

Evaluating Bot Properties

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

Comparing Opportunity Attributes

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

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 Position Tags

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

Automation Statuses

Automation statuses show the state of automations in your bot, including the last time the automation ran and if they are off or waiting to trigger.

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.

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.

Canceled Positions

The position statement includes all canceled positions. Canceled positions are listed in the close position section.

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 Opportunity Leg Attributes

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

Comparing Position Time to Expiration

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

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.

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 Last Position Activity

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

Comparing Bot Active Orders Status

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

Ordering Automations

You can order your automations to run in a specific sequence. Learn why ordering automations is a good idea.

Evaluating Days of the Week

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

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 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.

We didn’t find any help articles with this tag so here's some we just updated.

Backtesting Metrics

Overview of how the autotrading backtest engine operates and what each of the different performance metrics mean.

Receiving Automations

It's never been easier to implement a trading strategy. Receive automations in public and private messages to expand your portfolio.

Attaching Automations

Crowdsource your strategies with other traders. Attach automations in private and public messages to share your ideas with the Community.

Duplicate Orders Error

The duplicate orders error protects you from replicating orders in your bot and brokerage platform.

Pricing Anomaly Warning

The “pricing anomaly” warning occurs when a trade opportunity experiences pricing that is outside of what is expected.

Using Bookmarks

Bookmarks help you track and organize your favorite Community posts.

Daily Symbol Limit Error

The “daily symbol limit” error occurs when a bot attempts to reference more than 10 symbols in a single trading day.

Trade Enforcements

Learn how to navigate the trade enforcement rules for different strategies.

Session Timeout

The autotrading platform will automatically log out after an extended period of no user activity. You have control over the session timeout length.

Core Iron Condor

Bot trades Iron Condor, 50-70 DTE Monthly contracts, in 5 core symbols.

We didn’t find any bots with this tag so here's some new templates.

Dual Action Bot

Bot sells ATM put spreads M/W/F morning when in an uptrend and will also sell call spreads to hedge.

Range Breakouts

Checks for range breakouts with custom inputs and checks SMAs before opening long spreads.

Pre-Earnings Run

Buys stock X days prior to an earnings report and sells the stock the day prior to earnings.

IV & SMA Spreads

Filters for high IV Rank and strong SMA trends for entering credit spreads.

Fed Day

This bot opens put and call credit spreads using an event automation at 2:15 before Fed announcements.

45 DTE Iron Condor

Opens a portfolio of .15 Delta 45 DTE Iron Condors on 10 of the SPDR Sector Funds.

Weekly Iron Butterfly

Weekly iron butterfly with customizable profit targets, trailing stops, and spread widths.

Earnings IV Crush

Attempts to take advantage of IV Crush through Iron Condors in the days leading up to earnings.

Deep ITM Call Debit Spread

Seeks a small profit after entering deep ITM 30 DTE long call debit spreads.

Trade smarter with automation