The 5 Best Automation Tools For TastyTrade

If you’re trading on TastyTrade and want to take advantage of automation, there are several platforms available that can help you streamline your strategy and trade more efficiently.

1. SignalStack

SignalStack is a robust automation tool designed for traders who want to trigger trades based on signals generated from other platforms, such as TradingView or ThinkOrSwim. It allows you to connect your TastyTrade account and execute trades based on custom strategies or signals.

• How it works: SignalStack receives signals from your preferred platform and automatically sends them to your TastyTrade account for execution.
• Best for: Traders who already use platforms like TradingView to create signals but want to automate the execution process without manually entering trades.
• Key features: Real-time signal execution, easy integration with TastyTrade, and support for custom trading signals.

SignalStack is ideal if you’re looking for a simple, reliable way to automate signal-based trades on TastyTrade.

2. TradersPost

TradersPost is a trading automation platform that lets you connect your TastyTrade account and automate your options strategies. With TradersPost, you can create automated rules that trigger trades based on market conditions or strategy signals.

• How it works: TradersPost connects with your TastyTrade account through APIs, enabling you to automate options strategies like credit spreads, iron condors, and covered calls.
• Best for: Traders who want a visual, easy-to-use interface for building complex strategies and automating them on TastyTrade.
• Key features: Strategy builder, automation based on market conditions, and seamless integration with TastyTrade.

TradersPost is great for traders who like flexibility and want to customize their strategies without coding.

3. Options Auto Trader

Options Auto Trader is a dedicated platform designed for TastyTrade options automation. It is one of the most beginner-friendly solutions, making it easy for users to create options bots in just a few clicks. Options Auto Trader also offers pre-built bots for popular options strategies, allowing you to automate your trading quickly.

• How it works: Options Auto Trader connects to your TastyTrade account using OAuth, allowing you to automate trades based on your chosen strategies. You can either create custom bots or use pre-built bots designed for strategies like covered calls and iron condors.
• Best for: Beginners and experienced traders who want an easy-to-use platform with a wide selection of pre-built options bots.
• Key features: Pre-built bots, easy setup, custom bot creation, and seamless TastyTrade integration.

Options Auto Trader is ideal if you’re looking for an intuitive and powerful platform to automate your options trading on TastyTrade. Start your 30-day trial today to see how it can simplify your trading.

4. Option Alpha

Option Alpha offers a sophisticated platform for automating options trading across multiple brokerages, including TastyTrade. With Option Alpha, traders can use a visual strategy builder to create and test their strategies, then automate their execution.

• How it works: Option Alpha integrates with TastyTrade to execute trades based on user-defined rules. The platform allows for backtesting and paper trading before going live.
• Best for: Intermediate to advanced traders who want to build highly customized options trading bots.
• Key features: Strategy backtesting, paper trading, automated bots, and customizable trading rules.

Option Alpha is a solid choice for traders who want more advanced features like backtesting before fully committing to an automated strategy.

5. TradeSteward

TradeSteward is an automation platform that focuses on risk management and the automation of complex options strategies. It allows users to automate a variety of trading strategies on TastyTrade, with an emphasis on protecting capital and minimizing losses.

• How it works: TradeSteward connects to TastyTrade and executes trades based on predefined risk parameters and strategies, ensuring traders stay within their desired risk levels.
• Best for: Traders who prioritize risk management and want to automate strategies with built-in safeguards.
• Key features: Advanced risk controls, strategy automation, and seamless TastyTrade integration.

TradeSteward is perfect for those who want to automate their trading while maintaining strict control over their risk exposure.

As the CEO of the Options Auto Trader…

I’m obviously biased, but I would still love for you to consider checking out our platform here: https://www.optionsautotrader.com/start

Thanks for reading :)
Austin Bouley
Founder of the Options Auto Trader