Automated Rule is a feature that allows advertisers to automate actions by setting up rules that get triggered when set conditions are met.
To set an automated rule:
Click on the Automated Rules under Settings in navigation panel. Click on ‘New Rule’ button on the top right of the page.
Enter a Rule Name >Choose your Target > Choose your Action Type
Define your Criteria/Condition for the rule to run (keep in mind that you can add more than one condition)
Define the Action to be performed when the above Criteria/Condition are met. For example, setting a new bid
Set your lookback window > Set your Frequency > And pick the time of day > Add additional team members as watchers if they need to be notified when the rule runs.
And save the new rule.