MACD Indicator Bounce Bot
This workshop demonstrates how to use the MACD indicator in your scanner automations. We'll create a brand new bot step-by-step, using detailed decision recipes to filter trade opportunities and manage positions.
Strategy Overview
- Create a new bot using the MACD indicator as the core signal.
- Scan for MACD signal crossovers to sell opposing credit 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 MACD crossovers.
- Use custom inputs to create flexible variable fields.
MACD Indicator Bot shared in the Community.
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