Automation is transforming the way traders operate, enabling seamless execution of trading strategies across platforms. In this article, we’ll dive into automating TradingView scripts from TradingView to Deriv.com using the innovative Tradingview to Deriv tool.
In today’s fast-paced market, automation is key. By linking your TradingView alerts directly to Deriv.com through the Tradingview to Deriv bot, you can execute trades instantly based on real-time market signals. This integration simplifies your trading process, reduces manual errors, and ensures that your strategies are implemented exactly when you need them.
The Tradingview to Deriv bot is particularly efficient for executing trades in the Rise/Fall categories. This means you can automate your strategy for options that speculate on market movements—whether you anticipate a rise or a fall—ensuring that you never miss an opportunity to trade based on your strategy.
Getting Started: Setup Overview
The first step in automating your trading process is setting up the webhook. Here’s a concise breakdown of the setup process:
- Create a Webhook:
Start by creating a webhook. This webhook will act as the bridge between TradingView and Deriv.com. - Copy the Webhook URL:
Once created, copy your unique webhook URL and add it to your TradingView alert configuration. - Add Commands in the Alert Message Box:
Input the commands to execute in the message box of the alert in the format provided in the Automation Guide.
With your webhook set up, you can now customize your TradingView alerts by embedding commands in the alert message box. These commands tell the bot exactly what actions to take when an alert is triggered. The command format is simple and efficient, designed to streamline your order execution process.
Automate and Indicator to Deriv
Select the Long condition and add the long command in the message box of the alert.
BUY FRXEURJPY Q=50 E=15M
Select the Short condition and add the Short command in the message box of the alert.
Automating a Strategy to Deriv
Select your strategy as the condition and enter the strategy command in the alert message box.
{{strategy.order.action}} R_100 e=10M q=200
If your strategy has a Long, Short, and Flat alert, use {{strategy.market_position}}
Automating your Tradingview strategy with the Tradingview to Deriv tool not only streamlines your workflow but also enhances your trading efficiency by eliminating manual intervention. By simply submitting your Deriv.com API token, setting up your webhook, and customizing your TradingView alerts with the appropriate commands, you can focus on developing robust trading strategies while the bot handles the execution.
Embrace automation and take your trading game to the next level by integrating TradingView with Deriv.com. Whether you are a beginner or an experienced trader, this automation guide provides you with the foundation to build a seamless trading experience.
With this guide, you’re well-equipped to automate your Tradingview alerts to Deriv.
Happy trading!