Skip to content
Docs/Bots

The product

Bots

A bot is one market, watched for you. You choose what it watches and how it should trade, and from then on it reads that market on its own and writes down what it sees.

Every bot trades with fake money on live market data. TradingWizard never places a real order for a member, and there is no broker or exchange connection for user trading.

Making one

The wizard asks five things, in this order, and you can keep what it arrives with.

Step 01

Market

Crypto, stocks, indices, forex, commodities, futures or ETFs.

Step 02

Asset

Search inside that market, or take one of the assets it offers you.

Step 03

Strategy

How it should trade: the risk level, the candle size it reads, and roughly how long it plans to hold a trade.

Step 04

Data

What it reads. Price is always in. The extra feeds are yours to pick, and a feed your plan does not include is shown as such rather than quietly left out.

Step 05

Review

The whole setup on one screen before anything runs, including which account it books against and what happens next. Signed out, this step creates the account first and keeps your choices, so you do not walk the wizard twice.

What one scan gives you

A bot scan is the in-app analysis workflow: on every scan the bot reads live market data for its asset and writes what it sees, with an entry, a stop and a target when it finds a setup.

Every scan is kept. You can read back what the bot saw, in the words it used at the time, before anyone knew how it turned out.

What the answers mean

BUY / SELL
The bot found a setup it can describe, with an entry, a stop and a target. It is a read, not an order.
WAIT
Conditions are forming but not there yet. This is a normal, common answer, not a failure.
AVOID
The bot judges this market not worth trading right now.
Data stale
The feed the bot needs did not arrive fresh, so it declines to give a read rather than guess from old prices.
Risk blocked
A risk rule stopped the setup, for example a stop too far from entry for the position size.
Paused
The bot is not scanning, either because you paused it or because your plan limit is reached.

How often it reads

The candle size sets the pace. A bot on a one-minute candle looks often; a bot on a weekly candle does not need to, and re-reading a bar that has barely moved costs you nothing but noise. The bot can also ask for a closer look when price is sitting on its entry, its stop or its target.

  • A bot never goes dark for longer than 24 hours, whatever it asked for.
  • On the free plan a bot reads no more often than every 45 minutes, and its candle must be 1 hour or larger.
  • Crypto bots read around the clock. Stock and forex bots read while their market is open and park until the next session, so a quiet overnight is the market being shut, not the bot being stuck.

Pausing, resuming and deleting

A paused bot schedules nothing. Resume it and it picks the market back up on its normal pace. Pausing does not close a position it is already holding, and its history stays readable either way.

A bot can also pause itself: your plan has reached its number of running bots, or the free plan's 14-day run is over. The card says which, in those words.

How many you can run

Starter
1 bot at a time, for 14 days.
Pro
5 bots at a time. Paused bots count.
Ultimate
No set number, within fair use.

A read is not an instruction

A bot tells you what it sees and what it did with demo money. It is not advice, it is not a forecast, and nothing it opens is a real order. What you do with the read is yours.

Next

Every bot is a paper bot with demo money. Nothing here places a real order.

Create my free bot