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TradingView automation desk setup

TL;DR
These five TradingView strategies continue to perform in live environments because they respect volatility, use objective triggers, and pair alerts with disciplined risk controls. Use them as templates, then customise position sizing, filters, and automation rules to match your account.

Why most TradingView strategies fail once automated

Backtests are easy to fake. Live markets are not. Before you automate any strategy, stress-test it against the three failure modes below:

  1. Signal Quality – Does the entry condition filter out chop, news spikes, and low-liquidity periods?
  2. Execution Requirements – Can the idea be executed using alerts (i.e., no repainting, no discretionary overrides)?
  3. Risk Envelope – Is there a rule-based stop, target, or volatility-adjusted exit that can be codified?

If a strategy can’t answer all three, it likely won’t survive the jump from charts to your broker.

TradingView automation stack checklist

  • Strategy script written in Pine Script (v5/v6) with non-repainting logic.
  • Alert conditions for entries, exits, stop/target hits.
  • Bridge (e.g., PineTrader) that translates alerts to MT5, cTrader, or REST APIs.
  • Execution environment (VPS or cloud) so the strategy runs 24/7.
  • Monitoring (email, Discord, Telegram) for fills, errors, and disable conditions.

With that foundation, let’s walk through five strategies that continue to work when automated.


1. ATR Trend-Following Breakout

Objective: Ride medium-term trends on liquid pairs (FX majors, indices, BTC).
Core Logic:

  • 50/200 EMA slope filter keeps you aligned with trend direction.
  • Entry when price closes beyond a 20-period Donchian channel and is at least 1× ATR above/below the breakout line.
  • Exit via ATR trailing stop (2.5× ATR) that updates once per bar.

Automation Tips:

  • Fire BUY_BREAKOUT/SELL_BREAKOUT alerts on close when both EMA filter and Donchian breakout confirm.
  • Use PineTrader to submit stop orders instead of market orders; brokers like MT5 allow “buy stop” a few pips above the breakout for reduced slippage.
  • Alert-based trailing stop: send MOVE_STOP_LOSS every time ATR-based stop moves by a full pip.

Risk Controls:

  • Position size so ATR stop distance equals 1R.
  • Disable trading during high-impact news using a TradingView economic calendar filter or external scheduler.

2. London Session Volatility Break

Objective: Capture directional moves in GBP/EUR crosses during the London open.

Core Logic:

  • Mark 2-hour pre-London range (05:00–07:00 London time).
  • Long if price closes above range high with 15-minute candle volume > 30-day average.
  • Short if close below range low with the same volume filter.
  • Exit at 1.5× range or at New York open (time-based exit).

Automation Tips:

  • Use the session.isintraday function in Pine to limit alerts to specific hours.
  • Program PineTrader to auto-cancel pending orders at the time stop (e.g., 13:30 London).
  • Add partial profit automation at 1× range to bank gains before the full target hits.

Risk Controls:

  • Hard stop equals 0.75× range.
  • No trading on days with major GBP/EUR rate decisions.

3. Mean-Reversion RSI With Regime Filter

Objective: Fade short-term extremes in indices when the higher timeframe trend is sideways.

Core Logic:

  • 4-hour ADX < 20 and 4-hour price within a 50-period Bollinger Band (flat regime).
  • On 15-minute chart, RSI(2) crosses below 10 → long; above 90 → short.
  • Exit at RSI(2) crossing 50 or at flat Bollinger midline touch.

Automation Tips:

  • Because RSI(2) is noisy, restrict alerts to bar close (barstate.isconfirmed).
  • Use PineTrader to send simultaneous entry and OCO (one-cancels-other) orders: target at Bollinger mid, stop 0.75× ATR away.
  • Include disable_strategy webhook if ADX spikes > 25 intraday.

Risk Controls:

  • Daily loss cap: auto-disable strategy after three losing trades.
  • Pair with equity curve guard; once equity dips 5% from peak, set PineTrader to pause.

4. Multi-Timeframe Momentum Stack

Objective: Align momentum across timeframes for crypto majors and indices.

Core Logic:

  • Weekly structure: price above 200 EMA and the EMA slope positive.
  • Daily confirmation: MACD histogram > 0 (bull) or < 0 (bear).
  • Intraday execution: on 1-hour chart, enter when Stochastic RSI crosses above 0.2 (bull) or below 0.8 (bear) and price reclaims VWAP.

Automation Tips:

  • Create composite Pine conditions so the alert only fires when all higher-timeframe criteria are true (use request.security).
  • Stagger entries using scale-in alerts (three tiers at 0.5R each) handled via PineTrader ADD_POSITION commands.
  • Auto-adjust stop to daily swing low/high using Pine’s pivot functions converted to price input in the webhook.

Risk Controls:

  • Maximum three open positions per asset.
  • Weekly review automation: send Slack/Discord summary via PineTrader’s reporting at Friday close.

5. Volatility Compression → Expansion (Inside Bar + ATR)

Objective: Catch explosive moves after volatility squeezes.

Core Logic:

  • Look for an inside bar after a sequence of lower ATR readings (ATR(14) < ATR(14)[1] for three bars).
  • Place stop entries one pip above the high / below the low of the inside bar.
  • Exit at 1× ATR, trail at 0.5× ATR, or upon opposite signal.

Automation Tips:

  • TradingView alert when inside bar conditions and ATR contraction confirm; include both buy and sell levels in alert payload.
  • PineTrader can submit OCO stop orders; whichever triggers first cancels the other.
  • Add heartbeat alerts if no trades trigger within 24 hours (useful to confirm the script is still running).

Risk Controls:

  • Avoid thin sessions; only deploy between 08:00–20:00 in the instrument’s primary timezone.
  • Cap consecutive losses at four; PineTrader can flip a flag to halt alerts until you manually reset.

Position sizing and risk management for automated strategies

| Risk Component | Recommendation | Automation Tip | | --- | --- | --- | | Position Sizing | Fixed fractional (0.5–1.5% per trade) tied to ATR distance | Pass account balance to Pine via input, compute size, send to bridge | | Stop Placement | Volatility-based (ATR) or structure-based (swing high/low) | Encode stop price in alert message; PineTrader sets server-side SL | | Daily Limits | Max 3R drawdown or N losing trades | Add DAILY_STOP alert; bridge disables automation until next session | | News Filters | Skip high-impact events | Use scheduler or third-party calendar API to pause PineTrader connectors |


Bringing it all together with PineTrader

Translating alerts to live orders is where most traders struggle. PineTrader solves the heavy lifting:

  1. Webhook templates let you embed symbol, direction, stop, size, and custom tags.
  2. Broker connectors (MT5, cTrader, REST) execute instantly—no manual order entry.
  3. Automation rules can pause a strategy after slippage spikes or equity drawdown thresholds.
  4. Monitoring dashboards show fills, latency, and error logs in real time.

Once your TradingView script generates clean alerts, PineTrader turns them into reliable, fully automated workflows.


Implementation roadmap (next 7 days)

  1. Day 1–2: Pick one of the strategies above, replicate the logic in Pine Script, and run a three-year backtest.
  2. Day 3: Forward-test in TradingView’s “Bar Replay” to confirm non-repainting behaviour.
  3. Day 4: Wire alerts through PineTrader’s sandbox, execute on demo MT5.
  4. Day 5: Layer in risk automation (daily stop, ATR sizing).
  5. Day 6: Run 24-hour burn-in to monitor slippage and fill quality.
  6. Day 7: Promote to small live size and review metrics nightly.

Final thoughts

The “best” TradingView automation strategy isn’t a magical script—it’s a disciplined process: objective entries, adaptive exits, strict risk rules, and a robust bridge. Use the five templates above as your foundation, then iterate. When you’re ready to deploy, PineTrader keeps the whole machine running while you focus on R&D, not button-clicking.

Ready to launch? Start automating with PineTrader for $4.99 and ship your first production-ready strategy this week.

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Pinetrader

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