Event automations provide you with a flexible, easy way to schedule any of your automations inside a bot. You can use events to schedule multiple trigger types, such as a specific date and time in the future, on a recurring schedule, or when something else happens inside a bot, like automatically running a scanner automation immediately after a position is closed.
The ability to schedule multiple events is really what automation is all about. For many retail traders, it is challenging to balance work, family, and trading. Event automations enable you to automate the entry and management of your portfolio for specific scheduled events.
For example, you may want to enter or exit a position before a big announcement, like the FOMC meeting. Or, you may have a mechanical system that trades every Monday, Wednesday, and Friday after the open. Before automation, it might not have been possible to make these trades if it conflicted with your schedule. Now, you can automate multiple scheduled events, so you no longer have to be at your computer to execute a trade.