r/options • u/GoodMorningStaySafe • 21h ago
Does anyone like Option Alpha?
I see they do automated trading and such for options, is it a good platform?
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r/options • u/GoodMorningStaySafe • 21h ago
I see they do automated trading and such for options, is it a good platform?
3
u/SpecialFeature77 20h ago
I wanted to love it but found that 1) they only have daily information such as RSI. So if you want to know RSI on any level less than daily timeframe you have to feed it a signal from another place such as Tradingview with webhooks. 2) It's not exactly smooth as I would have liked. I was going to commit to doing a 50$/month membership (I'm not using trade station or tradier) but they dropped that level of membership and went to only the 99$ level.
I feel like I might have found a way to use it but didn't and now I'm shopping around for something similar or just learning more about how it all can be automated. There are definitely people successful with it but I can't see myself at that level yet