Channel: Option Alpha

Category: Howto & Style

Tags: tradingbotsautomated tradingrsi indicatortraderstock marketrsiautotradinghow to trade optionsoptionsinvestingstock tradingfinancial educationoptions trading

Description: optionalpha.com - RSI is a popular technical indicator for traders looking for swing trading opportunities. In this video, we'll show you how to build an automated bot that trades either put credit spreads or call credit spreads based on RSI overbought or oversold levels. Then, we'll add a monitor automation that checks for a 50% profit or the position expiring inside 3 market days before exiting and removing the position. Want to start a free 30-day trial? Request an invite here: optionalpha.com