Beginner RSI Swing Trading Bot

This workshop dives into the RSI technical indicator and explores how to set up an automated strategy that enters credit spreads at overbought and oversold levels and automatically exits positions using a monitor automation.

Plus, we share extensive research based on multiple RSI signals that informed the bot's decisions (you don't want to miss the data!).

The bot template's scanner automation includes a watchlist of tickers that scan the market regularly looking for specific RSI triggers. We also add opportunity filters to only enter positions that meet our criteria. The monitor automation uses two 'awesome' exits to close the position.

Option Alpha members can access Kirk's bot template here.

If you're not a member, you can start a free trial!

Be sure to also check out this RSI swing trading bot blog.