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Date/Time: Fri, 29 Mar 2024 15:55:02 +0000



Post From: New Offering - Order Flow Trading Bots aka SceetoBots

[2019-05-24 14:09:37]
TapeReader - Posts: 88
Stand Down Button - Explanatory Video https://www.youtube.com/embed/-u8wYjASu6s


P** [9:50 AM]
Can I have a long and short bot on at the same time?

Carl [9:50 AM]
Yes. You could also instruct the two bots that if one fires the other one should turn off.

P*** [9:50 AM]
Good. That was case this morning.

C [9:50 AM]
Also they could both trade and then reverse the position
I have found that I also use a long and short bot simultaneously.

Whoever gets the break wins

Carl [9:50 AM] Also, you can deploy them in a mode that if on fires. the other one is cleared to reverse the position.I have found that I also use a long and short bot simultaneously.

++++++++++++++++++++++++++++++++++++++++

SceetoBots allows for may different deployment configurations so that you can have the flexibility to deploy multiple bots simultaneously even if you do not want all the bots to trade.

For instance, your analysis indicates that the market is about to go down...but when and how it is going to go down is not a certainty.

In this case you can deploy a handful of different short bots, and whichever short bot's order flow and/or price action rules are met first, will engage in a trade - while simultaneously informing all of the other deployed bots to 'Stand Down'.

I frequently use different bots because I can deploy one bot with a sequence of order flow events that frequently occur just prior to the market going down but do not always occur - while I simultaneously deploy another bot that is looking for a different sequence of order flow events that occur just prior to the market going down.

This way I have multiple bots out there hunting down different things, but they won't step on each other, nor over-step on my account.

I hope that you find this stuff as interesting as I do.
Date Time Of Last Edit: 2019-05-24 16:30:32