Automating TradingView Alerts to Deriv

Automation Guides
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The first step is creating a Webhook that will be used to link your Tradingview script to Deriv.

The Webhook is added in the Webhook URL section of your alert. We add the commands to be executed when the alert is triggered in the message box of the alerts. Trading is possible for only the Rise and Fall symbols in deriv.

Here is a breakdown of the commands.

How It Works

The Syntax: command symbol param=value
Example: buy R_100 expiry=10M

  • command specifies the action to be carried out when an alert is triggered such as buy or sell or balance
  • symbol specifies which coin to perform the command on like R_100. It can be omitted in some commands like checking the balance.
  • param Grants control of specific aspects such as Quantity or Expiry. You can pass Q=20 or quantity=20 to define the amount you want to use.
  • value specifies the param value. Example: quantity=20 would set the value of Q to 20.

Here is a list of all the parameters that you can customize.

  • Quantity (Q) is the size of the order in USD.
    Example: Q=10

  • Expiry (E) defines the expiry time for an option. Use Minutes (M), Hours (H), or Days (D).
    Example: E=10M

Important Notes

  • Case Sensitivity
    Parameter names are not case-sensitive. QuanTity=10 will still work.

  • Parameters Formatting
    The params should be separated with a space between each different parameter.

    • Correct: E=10m Quantity=100 :white_check_mark:
    • Incorrect: E = 10m Quantity = 100 :x:

  • Multi-Commands
    You can include up to 5 commands in a single alert. Each command should start on a new line for clarity. Example:

    balance
buy R_100 q=10 e=10m
buy R_100 q=5 e=15m

List of Commands

1. Opening a Position

Required Parameters: Symbol, and Expiry (E)
Optional Parameters: Quantity (Q)
Default Parameters: Q=10

Buy, Long, or 1 represents Rise
Short, Sell, or -1 represents Fall

Examples:

  • Indicator Alerts:

    Buy frxEURJPY Q=50 E=15M - Places a rise option worth 50 USD on EURJPY with an expiry of 15 minutes.

    Sell R_100 E=10M - This places a fall option on the Volatility 100 index with a 10-minute expiry, using the default USD amount (typically 1 USD)

  • Long and Short Strategy (using dynamic TradingView variables):

    {{strategy.order.action}} R_100 E=10M Q=200 - Places a Rise option on Volatility_100 worth 200 USD when the strategy goes long, and a Fall option when the strategy goes short.

2. View Balance

Balance, Bal, or funds will return the account balance

3. Portfolio

portfolio will show a list of your open trades

4. Symbols

symbols will display your tradeable symbols from deriv

By following this detailed syntax and guidelines outlined above, you can automate your TradingView alerts to execute trades on Deriv seamlessly. This streamlined approach not only enhances efficiency but also minimizes manual intervention—allowing you to trade with greater discipline and consistency. Whether you’re opening positions, checking balances, or managing your portfolio, this automation framework is designed to help you navigate the fast-paced trading environment with confidence.

Embrace automation today and elevate your trading strategy on Deriv!

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