How to Setup Multiple Scheduled Events

In this video I want to show you how to set up multiple scheduled events. So scheduled events are really a easy way and a very flexible way to schedule any of your automations inside of a bot that you’re running.  

So inside of this demo bot here, I’m on automations tab, and I’m going to go down to a section where we have Events. Now again, events are where you schedule your automations to run. Again, this is where you schedule them to run on a certain series of events, a certain time or certain day of the week or you can schedule events to run when different things happen inside of the bot. To add an event, you simply click the plus icon here and then you choose the type of event that you want. This is where you can start to set up the flexibility to run different automations based on, again a specific date, a repeating schedule of dates or times, and when certain events happen inside of the bot.

First let’s set up an event to run on a specific date in the future. So, we’ll select on a specific date. We’ll choose the date that we want the event to run on, let’s say this Friday and we’ll choose the time that we want this automation to run; let’s say 10:30. Then we select the actual automation that we want to run. In this case we could run an automation called “Close Profit Taker” which checks to see if the positions that we have inside of this bot have a profit and if they have a certain profit that we designated, go ahead and close the position. Now again when I select that automation, you’ll notice that it’s going to run one time on 06/11 at 10:30 in the morning and when it runs, it’s going to run the Close Profit Taker automation. Once I’m good to go with all of these criteria and all of the settings for this, I simply hit save and save it to my events.

Notice that now the event has been added to my list of events here and it’s currently designated as off this is because for security and protection of your account we make sure that we automatically default all the automations to turn off. So as soon as you’re ready to go with this particular event and you have everything set up the right way, just go ahead and turn on the automations. You can scroll back down and you can see exactly when this automation is scheduled.

Again, this automation is going to occur one time on June 11th at 10:30. You can always click the actual row here and make any changes or modifications to the actual time of the event that you set up. So that’s how you set up your first event, but obviously we can set up multiple scheduled events.

Let’s add a new scheduled event that runs on a reoccurring schedule this time. So, I add the plus icon to add an event and this time we’ll choose a repeating schedule. First, we have to set up our schedule. We have to choose when the automation starts. You can start it today or start it for some time in the future so we can start this automation this Friday and then we choose when we want the automation to repeat. You can repeat it every month on a certain day, every day if you wanted to at a certain time, or during the week you can repeat it on certain days of the week. In this case we’ll say we’re going to repeat this automation Monday, Wednesday, and Friday.  Again, starting this Friday, the automation will run.

Then we tell the automation what time we want it to run. Let’s say that we want it to run a little bit closer towards the afternoon around 3:15 market time EST and we don’t want the automation to end. Basically, we’re going to leave this date blank and then the automation will continuously run in the future. So now we have our schedule set up.  Again, hit save and we come back to the screen where we now have to select what automation we want to run.

Remember, at this point we’ve just set up the schedule. We’re telling the bot when to run the automation. In this case every week, Monday, Wednesday and Friday at 3:15 Eastern Standard Time. Now we have to select what automation we want to run. In this case we’ll again select the Close Profit Taker just for this example. This will check for a profit at the close or near the close based on this exact automation that we’re running and if there is a profit that we designated then simply take the profit and close the position. Again, this only runs once per day that we designated here; Monday, Wednesday, Friday at 3:15 Eastern Standard Time. Once we’re good to go we simply hit save and it’s added to our list of events.

Now our bot has multiple events that have been scheduled. We can continue doing this process and schedule different days or different times if we wanted to and we can also go in here and schedule new events based on events that happen inside of the bot. So if the bot has a new Open Position, then we can immediately run a new automation called “Demo Automation” or “Trend with Momentum” automation. Whatever automation you want to run, as soon as a new position is opened, you could do that in here.

You could also do that based on new positions being closed, but regardless of how you set up your different events always remember that you can always schedule multiple events inside of your bot right inside of Option Alpha.