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I have a setup that works but I don’t have the willpower to execute. Is there a way to have the trades execute automatically based on a set of rules? RESOLVED
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The answer to this question is, almost. In Thinkorswim, you can place orders and set up some basic rules. Those rules will cause the order to be in a holding pattern. Once the rules you specified are satisfied the order becomes live. So in this way the order will be executed only after your specified conditions have been met. You can use some of the built in studies to create these rules. And there is a ‘condition wizard’ that helps you build the rule set without even knowing how to write any code.
Be sure to check out this video for more details. We cover the process step-by-step and you will be surprised how easy it is. Marked as spam
 Posted by Pete Hahn (Questions: 37, Answers: 4084) Answered on December 14, 2016 6:41 pm
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I truly appreciate the positive feedback. And thank you very much for your contribution. I absolutely love doing this for a living and every contribution furthers that goal. In regards to your specific question. I will suggest the following post:
https://www.hahn-tech.com/ans/recursive-alerts/
This post concerns the Study Alert. Which is a very close cousin to the Conditional Order. Master one and you have them both. This post describes how to set a Study Alert so that it automatically recreates itself after being triggered. This same ability resides within the Conditional Order. PRACTICE IN PAPERMONEY BEFORE USING THIS IN LIVE ACCOUNT!!!!