Introduction

Trademade is an automated trading system that is designed to mechanically execute your option trading strategies. These trading strategies are also known as bots, where a single bot defines one trading strategy. A bot specifies entry conditions, such as time of day, minimum and maximum days to expiration (DTE), desired premium, delta, etc. And when all entry conditions have been satisfied, it will attempt to open a new position.

Once a position has been opened, it will be monitored throughout the trading day. Similar to entry conditions, a bot also defines exit conditions that determine when a position should be closed. There are a number of exit conditions, such as profit target, stop loss, etc. Once a position has been closed, the bot will again try to enter a new position.

Bots are able to enter and exit positions multiple times throughout the trading day.

Command and control is done in a chat-ops style using Telegram, which is also used for notifications on trading events. Bots can be enabled or disabled, positions can be closed, and portfolio status can be monitored wherever you are.