Alert Planning for Automated Strategies
Planning your alerts is an essential step before diving into the technical setup. This includes understanding your TradingView subscription plan and the number of alerts required for your specific trading scenarios.
When setting up a TradingView strategy it is important that you follow these steps.
First of all load your strategy onto a chart making sure you are using the appropriate ticker. For example ES or NQ.
Now make sure the chart is on the correct time frame for the strategy.
Make sure your settings for the strategy are correct. As an example it is set to the correct contract size and it is set to trade during the hours you want.
Next it is time to setup an alert.
Keep in mind that the number of alerts available depends on your TradingView subscription tier. Evaluate your trading needs to ensure your plan supports the number of alerts required.
When you setup an alert make sure the symbol is correct
Next the drop down for condition should show the name of your strategy, select that.
Next choose interval.....this is one of the most common issues. By default it will be set to "same as chart" which is fine as long as you don't change the interval on your chart (for example with from 1 minute to 5 minute). Alternatively you can choose the interval that the strategy you are trying to setup runs on, by clicking the dropdown menu and selecting the appropriate interval for your strategy.
In the message tab, add a unique alert name and the prop firm you are running that alert on. This just helps you keep track when running multiple alerts to multiple prop firms.
If running a strategy across multiple prop firms, ensure you create separate alerts for each order you wish to be placed. For accounts under the same prop firm, you may be able to optimize alert usage by leveraging the firm’s copy features and requiring only one alert.
Below that in the message section, check that you have the correct code pasted in there from the message section in your automation software.
Finally go to the Notifications tab and make sure webhook URL is checked and the URL matches the webhook URL that is listed in the settings section of your automation software.
If you have an alert set and change the chart to another setting or another ticker, it will fire the alert on the initial settings you set when you made the alert. So if you make ANY changes, delete the alert and start from scratch.
If you have any issues with an alert executing and you don't see it on the chart, chances are you missed on of these steos. The best practice is to delete the alert and start from scratch. Once you do this a few times you will get the hang of it and should take less than a minute to do. We advise that you recreate your alerts weekly and even daily if possible. Also clear your trading view cache and restart your automation software daily.