Modifying Bots Guide

Modifying a Running Bot

If you wish to change the parameters on a bot that is currently running, you can do that, while keeping the following in mind.

Modifying a Bot with an Open Position

If you would like to change entry or exit conditions for a bot with an open position, you may do that, and those new conditions will apply to the next position that the bot enters, not the current position. Some examples include new delta, spread width, or profit target. You may modify these values on a current bot, and any open positions will not be impacted. The bot will use your new entry and exit conditions for its next position.

Note: Adjusting exit conditions that do not utilize standing orders (stop loss, delta stop, in-the-money stop) will impact open positions.

Changing the Bot Symbol for a Running Bot

If you wish to change the symbol of an existing bot, like change a bot from SPY to SPX, you will need to disable the bot first. You are free to change bot symbol for disabled bots.

Changing the Bot Type for a Running Bot

If you wish to change the type of an existing bot, like change a bot from a Put Credit Spread to a Short Put bot, you will need to disable the bot first. You are free to change bot type for disabled bots.

Adjustments and Notifications

You may add, remove, or modify any adjustments or notifications to a bot while it has open positions. These changes will apply to any open positions.