Most popular
View all

How to Combine Multiple Decisions for Position Exit Triggers

Do you use multiple criteria to trigger close position actions to exit a trade? Now you can combine decision recipes into a single group to dynamically and intelligently manage positions in a monitor automation.
Kirk Du Plessis
Oct 19, 2021

What if you could automatically exit positions with different profit targets based on specific market criteria? With automation, you can split decisions or combine decisions in a monitor automation to evaluate multiple criteria and intelligently manage positions inside your bots.

Automations can dynamically make decisions and adjust profit targets based on market conditions and specific position criteria to create different exit points. 

You can split decisions or group multiple recipes into a single decision block to check the time until expiration and position duration.

For example, a closing action can trigger an exit at different profit targets based on the days until expiration. The initial decision recipe can check the expiration date, and the answer will determine the next step.

You are always in control of your automations. You can customize decision actions for each bot to take advantage of different situations and opportunities dynamically.

What if you could automatically exit positions with different profit targets based on specific market criteria? With automation, you can split decisions or combine decisions in a monitor automation to evaluate multiple criteria and intelligently manage positions inside your bots.

Automations can dynamically make decisions and adjust profit targets based on market conditions and specific position criteria to create different exit points. 

You can split decisions or group multiple recipes into a single decision block to check the time until expiration and position duration.

For example, a closing action can trigger an exit at different profit targets based on the days until expiration. The initial decision recipe can check the expiration date, and the answer will determine the next step.

You are always in control of your automations. You can customize decision actions for each bot to take advantage of different situations and opportunities dynamically.

Trade smarter with automation