OK, so the BOT should also have an initial sell threshold price when you enable it (it could be the same threshold price for both buy/sell actually, but I am sure users would like the extra flexibility).

If the BOT in going to buy the alert should be:
Do you want to wait until a price of XXX has been reached before allowing the BOT to buy?
YES(checkbox)/NO(checkbox)/CHANGE THRESHOLD(link)
WARNING: If you select NO, the BOT will buy immediately at $CURRENTPRICE. [this could come out in the alert when you check "NO"]
I AM ALL SET, ENABLE TRADING (button).
If the BOT in going to sell the alert should be:
Do you want to wait until a price of YYY has been reached before allowing the BOT to sell?
YES(checkbox)/NO(checkbox)/CHANGE THRESHOLD(link)
WARNING: If you select NO, the BOT will sell immediately at $CURRENTPRICE. [this could come out in the alert when you check "NO"]
I AM ALL SET, ENABLE TRADING (button).
So the user will know what is going to happen.