Decision recipes use easy to read natural language to help you set up detailed instructions for your automations to follow inside a bot.

These decision recipes can also be grouped and linked together into infinite combinations so you can have as much flexibility and control as possible.

In the last few months we've seen thousands of automations created inside the new Option Alpha platform and today I wanted to highlight eight of the more popular decision recipes being used by traders right now.

You're listening to the Option Alpha podcast from Option Alpha dot com where we show you how to make smarter trades learn how the stock market really works and generate consistent monthly income.

Now your host and head trader at option alpha dot com.

Kirk do pluses.

Hey everyone, this is Kirk here again from Option Alpha dot com working every single week to make this the most popular investing podcast offered online because it's based on one thing and one thing only.

And that's helping you consistently play smarter trades. So again, thank you so much for tuning in today on today's show we're going to be going through again these popular decision recipes that we're seeing used inside of the auto trading platform right now.

Now there's just eight of these that we're going to cover today, but I think that you'll see with even the eight that we covered that there's a lot you can do with these decision recipes and we've got a couple more decision recipes that we are going to be releasing here soon as well.

That hit on some of the features and highlights of things that people have requested inside the beta platform.

The cool thing about decision recipes and how they work just to give you a little bit of background on this is that we wanted to make them really, really flexible and as I mentioned in the intro use natural language so all of the decision recipes that you see inside of the platform use natural language so it reads exactly like how it's going to work inside of your actual automation editor.

The symbol is above or below some moving average the symbol reports earnings in more than or less than some number of days.

The opportunity that you're looking at the rate of return is greater than or less than or equal to some number that you put in it's all very easy to use and it makes it incredibly flexible as you build out your automations.

Now remember decisions can always be grouped and associated and linked together we've shown you how to do this in a number of tutorials inside of the training section and inside of the help center at option alpha.

You can group your decisions and create and or statements and even go further down with sub nested and or and more and or statements with your decisions to make them highly concentrated and targeted if you want to.

Today's podcast is going to focus mainly on what we think are some of the more popular decisions being used and definitely some of the more powerful decisions again this is not the full list you can obviously check out the full list inside of the option alpha platform or if you're not in there yet you can hold on over to the help center

and take a look at our decision recipes section that details all of the different decision recipes we have available and every time we add a new one will throw up a new video that describes how to use it.

So these are going to be the ones that I think are the most used that we keep seeing over and over and over again and definitely the ones you want to pay attention to.

There's no particular order to these necessarily these are just the ones again that we see over and over again as we start going through list of automations and decisions that are being made running on the back end.

So let's start off with here with this first one so the first popular decision recipe that we see again no particular order here is opportunity bid ask spread is less than some value.

Now I think this is actually great that this is one of the most popular recipes that we have inside the platform and certainly it's one that I use across any of the bots that I create and templates that I share out there.

And this particular decision recipe is specifically targeted at the bid out spread and so let me break this down so you can understand exactly how this recipe works so inside of the platform you can always look up an opportunity that's what we call them inside of option alpha is an opportunity because you can pull in information on a particular trade or possible trade.

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