Automating TradingView Alerts to OKX

Automation Guides
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Automating your trading strategies by connecting TradingView alerts to OKX can significantly enhance your trading efficiency. This guide provides a step-by-step approach to setting up this automation, detailing the command syntax, parameters, and supported commands to ensure seamless integration.

OKX allows automated trade execution by allowing users to integrate OKX into TradingView via API. By using TradingView To Anywhere, you can send alerts directly from TradingView to your OKX account, enabling hands-free execution of your trading strategies.

Command Syntax

The structure of commands used to automate trades is as follows:

Command Symbol Param=Value
Example: Sell BTC/USDT Q=0.05

Where:

  • command: Specifies the action to be executed, such as ‘buy’ or ‘sell’.
  • symbol: Indicates the trading pair or instrument, like ‘BTC/USDT’.
  • param: Defines specific parameters for the trade, such as leverage, quantity, stop-loss, etc.
  • value: Assigns the value to the specified parameter.

Several parameters can be customized within commands to control trade execution as follows:

  • Q: Quantity of the asset to trade. For example, ‘Q=0.01’ for 0.01 BTC.
  • OQ: Overrides Q to specify the Opening Quantity. For example, ‘OQ=0.05’ for 0.05 BTC.
  • CQ: Overrides Q to specify the Closing quantity. For example, ‘CQ=100%’
  • C: The trading category of the asset. For example, ‘C=Futures’ for the Futures account or ‘C=spot’ for the Spot account.
  • P: Order price (for limit orders). For example, ‘P=50000’ to set a buy limit at $50,000.
  • SL: Stop-loss price. For example, ‘SL=49000’ sets a stop-loss at $49,000.
  • TP: Take-profit price. For example, ‘TP=51000’ sets a take-profit at $51,000.
  • T: Order type. For example, ‘T=market’.
  • L: Leverage to apply in a trade. For example, ‘L=6’ for 6X isolated leverage or ‘L=6X’ for 6X cross leverage.
  • D: To delay the command execution up to a maximum of 5 seconds. For example, ‘D=3’ for a 3-second delay.

Important Notes

  • Case Sensitivity
    Parameter names are not case-sensitive. QuanTity=0.5 will still work.

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

    • Correct: Q=0.5 Quantity=0.5 :white_check_mark:
    • Incorrect: Q = 0.5 Quantity = 0.5 :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 B=Total
Close BTCUSDT Q=0.05 A=FUTURES
SELL ETHUSDT Q=0.01 A=FUTURES

Supported Commands

The following commands are supported for automating trades:

1. Opening a Position

Required Parameters: Action and the Symbol
Optional Parameters: Q, P, TP, SL, CQ, OQ, L, T, and HEDGE

Indicator Alerts:

Buy Command

Initiates a buy (long) position.

Example:

buy BTC/USDT Q=0.01 T=market C=Futures

This command buys 0.01 BTC at the market price in the futures market.

Sell Command

Initiates a sell (short) position.

Example:

sell BTC/USDT Q=0.01 C=Futures

This command sells 0.01 BTC at the market price in the futures market.

Strategy Alerts

  • Long and Short Strategy:
    {{strategy.order.action}} BTC/USDT Q=0.01 C=SPOT
    This command buys/sells 0.01 BTC according to the strategy direction at the market price in the spot market.

  • Long, Short and Exit Strategy
    {{strategy.order.action}} BTC/USDT Q=0.01 C=Futures
    This command buys/sells 0.01 BTC according to the strategy direction at the market price in the futures market. When the flat command is generated, the position is closed.

See more on using Dynamic Alert Messages

2. Closing a Position

Required Parameters: Action (Close/Flat/0), and the Symbol
Optional Parameters: Q, CQ, C, T

Closes an open position in the market

Example:

Close BTC/USDT Q=0.01 c=futures

This command closes 0.01 BTC in the futures market.

3. Cancelling a Limit Order

Required Parameters: Action (Cancel/Exit), and the Symbol
Optional Parameters: C

  • Cancel any unfilled orders on the specified instrument.

    cancel BTC/USDT C=FUTURES

    This command cancels any limit/stop orders of BTC.

4. Checking Account Balance

Required Parameters: Balance command (Balance, funds, bal)
Optional Parameters: C, Free, and Total

To check your OKX account balance:

Example:

balance
Balance USDT B=FREE C=FUTURES
Balance USDT B=Total C=FUTURES

This command retrieves your account balance.

By following this structured approach, you can effectively automate your TradingView alerts to execute trades on OKX, enhancing your trading efficiency and strategy implementation.

Happy trading! :grinning:

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