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TradingView is a cloud-based trading platform that is mainly used by traders who work much with technical analysis and trading indicators as well as real-time market data. PineScript strategies are powerful and traders can create, backtest and optimize their trading systems on the platform. However, to execute trades automatically, a link is required between the TradingView alerts and an automated trading bot.
This is where WunderTrading comes in handy – a complete crypto trading automation service that enables you to turn your TradingView signals into real trades on multiple exchanges. This way, you can be sure that your trading decisions are actually executed and you do not have to monitor the market and trade manually very often. This is ideal for both retail traders and options traders looking for an efficient way to control their trading.
A TradingView bot is a form of algorithmic trading that sends and executes the trades according to the given strategy automation signals. With the help of PineScript strategies, traders can come up with TradingView scripts that will give alerts whenever there is a certain condition in the market.
These alert messages are then forwarded to WunderTrading via webhook URLs, and the bot is told to make trades on your linked exchange account. This streamlined trade execution eliminates the need for manual trading, leading to more accurate, more consistent, and more effective trading plan. The TradingView automated trading bot provides full control over trade execution while adapting to various market conditions.
A good TradingView strategy alert contains:
• Technical indicators based signals (RSI, MACD, Moving Averages, Bollinger Bands, and others)
• Trading signals of buy or sell or take profit.
• Several take profits & stop loss levels.
• Dynamic position sizing for optimal risk management.
When you use TradingView automated trading, you are in full control of your trades and you do not have to watch the TradingView charts 24/7. It allows for trading efficiency and improved decision-making based on market trends and past performance.
Some of the features of our TradingView bot trading tools. These features can be useful for retail traders who are looking to automate their TradingView alerts and use them as part of trading strategies that are both simple and effective in their execution.
Multi-API Trading
Multi-Pair Trading
DCA Trading
JSON - Fully Dynamic
Multiple entries
Swing Trading
Order size in % or fixed amount ($)
Dynamic Custom Quantity
Multiple Take Profits
Stop Loss
Trailing Stop
Automated move to breakeven
Follow these steps to make your TradingView scripts into full-fledged bots.