Bots

Starting and Stopping Bots

Running a New Bot

A newly created bot will not start running right away. You can review any new bot you created for accuracy and enable once you are ready for it to start running. Once a bot is enabled, it will run using the schedule and criteria that you have supplied. Bots will only monitor new and existing trades during market hours but can make adjustments to orders after hours if you have configured your bot to do this.

Reasons a Bot Will Not Run

Bots that are enabled will continue running until one of the following happens:

You manually disable the bot

When you disable a bot, that bot will no longer enter new positions. It will continue to manage any existing positions if you choose to Disable on Close, which is recommended. If you forcefully disable a bot with open positions, that bot will no longer manage the open positions even if you re-enable the bot. Disable on Close, rather, will allow it to continue running while the current position is open, and then, once that position is closed, the bot will automatically disable and not enter any new positions until you re-enable.

You manually disable all bots

In addition to disabling individual bots, you can disable all bots using the toggle switch that is displayed at the top of all account pages:

As discussed in the previous session about disabling bots, we recommend only disabling all bots if there are no open positions remaining. Disabling bots or your account while positions remain open can cause unexpected results.

Your Whispertrades balance reaches $0.00

Your bots will require a positive account balance to continue running. To learn more about when and how these charges accrue, refer to our section on Pricing. If your account balance reaches $0.00, all of your bots will stop running until your balance is replenished.

Your kill switch triggers

If you choose to utilize our automated kill switch, your bots can automatically disable if you do not log into your Whispertrades account within a timeframe of your choosing. This is in place to protect your account by disabling autotrading in the event that you are unable to access Whispertrades. Visit your settings to adjust your kill switch.

Deleting a Bot

To delete a bot, first disable it if it is not already disabled. Then, view the bot and click the red "Delete Bot" button at the top of the bot page.

Deleting a bot will also delete that bot's entire position and order history from your Whispertrades account. This is permanent and irreversible, so delete with caution.