👽Automation of trading
Code Zero Visual Trading for TradingView
Last updated
Code Zero Visual Trading for TradingView
Last updated
Information
Algorithmic trading (algo-trading) is an automatic trading system on the stock exchange, based on certain algorithms. There are also such synonymous terms as "Trading Robot" and "Trading Strategy".
Algorithmic trading of the strategy you created is implemented through sending alerts to external systems, which receive these signals and execute their orders on the exchange (for example, Finandy, 3Commas, Alertatron, Binance, ByBit, OKX, TraderPost, SignalStack, Capitalise.ai etc.).
The configuration of the notification format is specific to each of these systems, but is standard on the part of the CDZV complex: you need to set the appropriate Webhook URL and message template. What the notification template should look like depends on the service you are working with, please study the documentation of this service or consult their support team.
Depending on the level of control you need, alerts can be sent from the CONDITION MANAGER Indicator or the CONDITION MANAGER STRATEGY.
The choice of how to send notifications depends on you as an architect, who builds the communication system and decides which communication channels will be created and for what purpose they will be used.
But we will provide you with some recommendations.
Hint
In most cases, after testing a strategy on historical data, you will want to replicate its behavior on the exchange and then compare the actual trades on the exchange with the trades in the historical testing of the strategy on TradingView. This is implemented through sending notifications from the CONDITION MANAGER STRATEGY.
If your strategy involves sending various signals with different message texts for managing a position on the exchange, you need to use the Indicator for sending messages.
An example could be a situation where you have several CONDITION MANAGER indicators for different signals (Buy/Sell, Close).
Also, keep in mind that in addition to the standard placeholder variables provided by TradingView for notifications, our complex adds its own specific variables to the CONDITION MANAGER indicator, which are not available to you when you use the strategy for sending notifications. This can be decisive when choosing the source of notification sending.
But in most cases, you will be able to use the option that you prefer and are more accustomed to from your previous work with TradingView.