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Trading View Signals Trading Mode

TradingViewSignalsTradingMode is a trading mode configured to automate orders creation on the exchange of your choice by following alerts from TradingView price events, indicators or strategies.

Free TradingView email alerts as well as webhook alerts can be used to automate trades based on TradingView alerts.

To know more, checkout the full TradingView trading mode guide.

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Alert format cheatsheet​

Basic signals have the following format:

EXCHANGE=BINANCE
SYMBOL=BTCUSD
SIGNAL=BUY

Additional order details can be added to the signal but are optional:

ORDER_TYPE=LIMIT
VOLUME=0.01
PRICE=42000
STOP_PRICE=25000
TAKE_PROFIT_PRICE=50000
REDUCE_ONLY=true

Where:

  • ORDER_TYPE is the type of order (LIMIT, MARKET or STOP). Overrides the Use market orders parameter
  • VOLUME is the volume of the order in base asset (BTC for BTC/USDT) it can a flat amount (ex: 0.1 to trade 0.1 BTC on BTC/USD), a % of the total portfolio value (ex: 2%), a % of the available holdings (ex: 12a%), a % of available holdings associated to the current traded symbol assets (10s%) or a % of available holdings associated to all configured trading pairs assets (10t%). It follows the orders amount syntax.
  • PRICE is the price of the limit order in quote asset (USDT for BTC/USDT). Can also be a delta value from the current price by adding d (ex: 10d or -0.55d) or a delta percent from the price (ex: -5% or 25.4%). It follows the orders price syntax.
  • STOP_PRICE is the price of the stop order to create. Can also be a delta or % delta like PRICE. When increasing the position or buying in spot trading, the stop loss will automatically be created once the initial order is filled. When decreasing the position (or selling in spot) using a LIMIT ORDER_TYPE, the stop loss will be created instantly. Orders crated this way are compatible with PNL history. It follows the orders price syntax.
  • TAKE_PROFIT_PRICE is the price of the take profit order to create. Can also be a delta or % delta like PRICE. When increasing the position or buying in spot trading, the take profit will automatically be created once the initial order is filled. When decreasing the position (or selling in spot) using a LIMIT ORDER_TYPE, the take profit will be created instantly. Orders crated this way are compatible with PNL history. It follows the orders price syntax. Funds will be evenly split between take profits unless a TAKE_PROFIT_VOLUME_RATIO is set for each take profit.
    Multiple take profit prices can be used from TAKE_PROFIT_PRICE_1, TAKE_PROFIT_PRICE_2, ...
  • TAKE_PROFIT_VOLUME_RATIO is the ratio of the entry order volume to include in this take profit. Used when multiple take profits are set. Specify multiple values using TAKE_PROFIT_VOLUME_RATIO_1, TAKE_PROFIT_VOLUME_RATIO_2, .... When used, a TAKE_PROFIT_VOLUME_RATIO is required for each take profit.
    Exemple: TAKE_PROFIT_PRICE=1234;TAKE_PROFIT_PRICE_1=1456;TAKE_PROFIT_VOLUME_RATIO_1=1;TAKE_PROFIT_VOLUME_RATIO_2=2 will split 33% of entry amount in TP 1 and 67% in TP 2.
  • REDUCE_ONLY when true, only reduce the current position (avoid accidental short position opening when reducing a long position). Only used in futures trading. Default is false
  • TAG is an identifier to give to the orders to create.
  • LEVERAGE the leverage value to use when trading futures.

When not specified, orders volume and price are automatically computed based on the current asset price and holdings.

Orders can be cancelled using the following format:

EXCHANGE=binance
SYMBOL=ETHBTC
SIGNAL=CANCEL

Additional cancel parameters:

  • PARAM_SIDE is the side of the orders to cancel, it can be buy or sell to only cancel buy or sell orders.
  • TAG is the tag of the order(s) to cancel. It can be used to only cancel orders that have been created with a specific tag.

Note: ; can also be used to separate signal parameters, exemple: EXCHANGE=binance;SYMBOL=ETHBTC;SIGNAL=CANCEL is equivalent to the previous example.

Find the full TradingView alerts format on the TradingView alerts format guide.