Use automation to scan the market, evaluate opportunities, check technical indicators, open positions, and much more.
Scanner automations typically begin with a symbol loop and a subsequent list of one or more decisions, ending with an 'Open Position' action.
Here is an example of a scanner that evaluates the market and opens a bullish or bearish credit spread depending on the current conditions:
Open Position action
The 'Open Position' action includes all the position's details, including the symbol, expiration, strike prices, position sizing, SmartPricing settings, Exit Options, and any tags you may want automatically applied to the position that is opened.
We can also define one or more entry criteria:
As well as position criteria to set minimum and maximum values for specific variables, which the bot will filter out if your criteria aren't met:
