A deal is one complete round trip — open, manage, close. But what happens after it closes? For most bots, the answer is simple: they get ready to do it again. This guide explains the between-deals loop.
For what a deal is and where closed deals live, see Understanding Your Deals; for the manual controls, see Managing Your Running Bots.
Key Takeaways
- When a deal closes, the bot locks in the result, saves the deal to history, and sends a 'Cycle finished' notification.
- Unless you paused it, the bot returns to Active and starts watching for its entry conditions again — ready for the next deal.
- There's no cooldown between deals: the bot can open the next one as soon as its entry conditions are met again.
- A bot holds one deal at a time, and it keeps looping — open, manage, close, repeat — until you pause or stop it (or it errors).
- A manual close pauses the bot instead of re-arming it; pausing or 'awaiting pause' also stops the next deal from starting.
The Moment a Deal Closes
When a deal closes — whether by take-profit, stop-loss, or your manual action — the bot:
- Locks in the result (your realized profit or loss for that deal).
- Saves the deal to your history, where you can review it anytime.
- Sends a "Cycle finished" notification (if you have notifications on).
The position is now flat — nothing is open on your exchange for that bot.
Back to "Active and Waiting"
Unless you've paused it, the bot then returns to Active and starts watching for its entry conditions again, exactly as it did before the first deal. It re-evaluates its triggers fresh — nothing carries over from the previous deal except your settings (and your size, if you use Compound Returns).
No Cooldown — It's Ready Right Away
There's no forced waiting period between deals. As soon as the bot's entry conditions are met again, it can open the next deal. If your entry is set to trigger immediately, the next deal can begin right after the last one closes; if it's condition-based, the bot waits — not on a timer, but for the market to meet your conditions.
The Loop: Open → Manage → Close → Repeat
This is the heart of automation: a bot runs deals continuously, one after another, for as long as you let it. It will keep cycling — open a deal, manage it, close it, look for the next entry — indefinitely, until you pause it, stop it, or it hits an error.
One Deal at a Time
A single bot holds one open position at a time. It won't open a second deal while one is already running — the next deal only starts after the current one has closed. (To run multiple positions, you run multiple bots.)
When the Bot Does Not Start a New Deal
The bot stops looping in these cases:
- Paused — you paused it; it sits idle and won't open new deals until you resume.
- Awaiting Pause — you paused it while a deal was open, so it finishes the current deal and then pauses (rather than re-arming).
- Manual close — if you close a deal yourself, the bot pauses instead of starting another, so a manual exit doesn't immediately re-enter.
- Error — if something goes wrong, the bot moves to an error state and stops until you resolve it (see Why Did My Bot Pause or Stop?).
After a stop-loss, by contrast, the bot returns to waiting and can open a new deal when its conditions are met again — a stop-loss doesn't pause it.
Frequently Asked Questions
Does my bot automatically start a new deal after one closes?
Yes — as long as it's Active (you haven't paused it). It returns to watching for your entry conditions and opens the next deal when they're met. The bot keeps looping on its own.
Is there a cooldown or waiting time between deals?
No. There's no forced cooldown — the bot can open the next deal as soon as your entry conditions are met again. If conditions are already met, that can be right away; otherwise it simply waits for the market.
What's the difference between the bot going Active vs Paused after a close?
Active means it re-arms and watches for the next entry. Paused means it stops and won't open new deals until you resume. A manual close sends the bot to Paused; a take-profit or stop-loss close returns it to Active.
If I manually close a deal, will the bot open another one?
No. A manual close pauses the bot, so it won't immediately re-enter. Resume it when you want it watching for entries again.
Can my bot run more than one deal at the same time?
No — a bot holds one open position at a time and only starts the next deal after the current one closes. If you want several positions running at once, use several bots.
Does the bot remember the last deal, or start fresh?
It starts fresh — it re-evaluates your entry conditions for each new deal and carries nothing over except your settings. The one exception is Compound Returns mode, which rolls the last deal's net result into your next trading amount at the rate you chose.
How long does a bot keep running deals?
Indefinitely — it loops through deals until you pause it, stop it, or it hits an error. That's the point of automation: set it up once and it keeps trading your strategy.