Guide
What is the difference between a strategy and a bot in Nyria?
A strategy holds the rules for how alerts are read and traded. A bot places that strategy's trades in one of your broker accounts, at its own budget per entry. You can deploy several bots from one strategy, each with a different account and sizing.
Official documentation
Set up a strategy and a bot
- 1
Create the strategy
Pick the alert source, the asset type, the trading behavior and the tickers.
- 2
Save the alert format
Add example alerts. They are checked before any bot can be deployed.
- 3
Deploy a bot
Pick the brokerage account it trades and the budget per entry.
- 4
Choose its tickers
A bot can trade some or all of the strategy's tickers.
- 5
Add more bots if needed
Use another broker account or another budget for each one.
What a strategy holds
- The alert source, such as TradingView or Discord.
- The asset type: stocks, options or crypto.
- The trading behavior and the tickers.
- Who can copy it: public, premium or private.
What a bot holds
- The brokerage account it trades.
- A budget per entry, or an exact share count where allowed.
- Some or all of the strategy's tickers.
- Its own Active or Paused status.
How they fit together
- Alerts reach the strategy.
- The strategy decides what each alert means.
- Each bot then places the order in its own account.
- One strategy can run many bots.
Where each setting lives
- Alert format is a strategy setting.
- Budget per entry is a bot setting.
- Force market orders is the one override on a bot.
- Pause a bot without touching the strategy.
Start on paper
- Deploy a bot on Nyria Paper first.
- Watch the first entries on the Logs tab.
- A strategy can lose money.
Questions
- Can one strategy run several bots?
- Yes. Each bot has its own account and sizing.
- Where do I set the budget per entry?
- On the bot, not the strategy.
- Does a bot have to trade every ticker?
- No. It can trade some or all of the strategy's tickers.
- Can I pause one bot only?
- Yes. Each bot has its own Active or Paused status.
- What does a bot override?
- One thing: Force market orders.
- Which one reads the alert?
- The strategy. The bot places the resulting order.
Next
- Paste an alert into the alert tester to see how Nyria reads it.
- Step by step for one account: how to automate TradingView to Nyria Paper.
- Step by step for one account: how to automate Webhook to Nyria Paper.
- Alert tester.
Guides
What happens to my open position if I pause or delete a trading bot?
Pause closes nothing. Delete with a position open makes the bot Closing only.
Read guideHow many shares or contracts will my trading bot buy?
Whole shares or contracts that fit the budget per entry. Under one, nothing.
Read guideWhy can't I delete a Nyria strategy release?
Delete the release's backtests first, then the release.
Read guideWhy does Nyria say every account already has a bot?
One bot runs per strategy on each account. Add an account or free one.
Read guideTry a paper bot first
No card required. Paper is free. Live trading from $15 a month.