Automated Bollinger Bands Bot
This bot workshop shows you how to automate a simple strategy using the Bollinger Band decision recipe. We'll walk through the bot building process step-by-step and show you how to fully automate the strategy from entry to exit.
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Strategy Overview
- Create a new bot using Bollinger Bands as the core trigger signal.
- Scan for signals automatically to trade credit and debit spreads.
- Use a decision recipe to prevent the bot from entering multiple positions in the same ticker symbol.
- Build a monitor automation with management decisions for multiple exits based on profit targets, time until expiration, and Bollinger Bands.
- Use new decision "switches" to to toggle between credit spreads and debit spreads.
Bollinger Bands Bot template shared in the Community.
No-code, fully automated trading for stocks and options.