Trade Automation Toolbox - Feature List

SPX Trades Supported 

• 0 DTE and other short term (1, 2, 5, 7 DTE, etc)

• Credit Spread

• Debit Spread

• Iron Condor

• Iron Fly

• Double Calendar

• Long Put/Call

• Naked Shorts (Coming Soon)

• Put/Call Calendars (Coming Soon)

• Ratios (Coming Soon)

Trade Templates / Trade Selection

• Target Min and Max Premium or Delta.

• Target multiple possible widths. (i.e. 45,50,55) or certain cost for wings (.05 or .10)

• Avoids overlapping long strikes with previous short entries.

• Multiple trade template criteria can be pre-defined.
  

• Multiple accounts supported.

Trade Scheduling / Execution

• Schedule multiple trade entries for automated execution.

• User defined fill progression (i.e. attempt to fill trade 3 times, lowering the limit price by .05 every 5 seconds)

• Email notifications on order fills and stops.

Stop Placement / Management

• Stop can be placed on vertical spread or short leg only.

• User defined stop multiple (1.5x 2x, etc.)

• Stop order monitoring and replacement if a stop order is canceled for some reason.

• Automatic conversion from vertical to short leg only when the long leg has no bid.

• Scheduled conversion from vertical to short stops at user defined time.

• Automated stop adjustments (i.e. move stop to breakeven after reaching 50% profit)

• Profit target orders

• Stop Limit / Stop Market OCO stops

• Trailing Stop orders

• Conditional REL order

• Time of Day or Time in Trade scheduled exit

Brokers Supported

• Interactive Brokers (IBKR)