Automate crypto trading strategies using TradingView alerts and execute trades seamlessly through supported exchanges. PickMyTrade lets you automate entries, exits, and risk management for crypto futures and perpetual contracts while eliminating manual execution.
This page covers Crypto (Futures) as an asset class. Exchange-specific setup guides are linked where applicable.
Automated crypto trading allows you to convert TradingView indicator or strategy alerts into live crypto futures trades on your exchange. Instead of placing orders manually, PickMyTrade listens for alerts, applies your predefined rules, and executes trades automatically.
This enables faster execution, reduced emotional bias, and consistent risk management — all while keeping full control over your TradingView logic. PickMyTrade integrates directly with TradingView and supported crypto exchanges to make futures-only crypto automation reliable, fast, and flexible.
Faster Execution
No Emotional Bias
Consistent Risk Rules
Alert Triggered
A TradingView indicator or strategy alert fires.
Alert Interpreted
PickMyTrade determines Buy, Sell, or Close action; Long or Short direction; quantity or risk-based sizing; and Stop Loss / Take Profit logic.
Risk Rules Applied
Stop Loss, Take Profit, Trailing Stops, and exit rules are attached automatically based on your configuration.
Order Executed
The crypto futures order is routed to your connected exchange and executed instantly.
PickMyTrade supports automated crypto futures trading with the following exchanges.
Feature availability may vary by exchange and contract type.
Understanding these concepts is essential for effective automated crypto trading.
| Term | Explanation |
|---|---|
| Futures Trading | Leveraged contracts that allow long and short positions |
| Perpetual Contracts | Futures contracts with no expiration date |
| Long | Buy a contract expecting price to rise |
| Short | Sell a contract expecting price to fall |
| Leverage | Borrowed capital used to increase exposure |
| Notional Value | Entry price × quantity |
| Tick Size | Minimum price movement allowed by the exchange |
| Contract Size | Quantity represented per futures contract |
| Margin | Collateral required to open and maintain positions |
| Liquidation | Forced position closure when margin falls below requirements |
PickMyTrade supports both TradingView alert types:
| Alert Type | When to Use |
|---|---|
| INDICATOR | RSI, EMA, VWAP, custom indicators |
| STRATEGY | Pine Script strategies with defined entries and exits |
Use INDICATOR alerts when managing exits via PickMyTrade.
Use STRATEGY alerts when exits are fully controlled in TradingView.
When configuring automation, select Crypto (Futures) as the instrument type.
This ensures:
Supported instruments include:
Position handling follows exchange-specific execution rules.
| Action | Result |
|---|---|
| Buy | Opens a long futures position |
| Sell | Opens a short futures position |
| Close | Closes all open futures positions |
Choose how PickMyTrade sizes each trade when your alert fires.
Fixed Quantity
Trade a fixed number of contracts per alert.
Risk Percentage Recommended
Automatically size positions so the maximum loss equals a percentage of account balance. Ideal for long-term automated crypto futures trading.
PickMyTrade provides advanced, exchange-aware risk controls.
Availability depends on exchange and contract type.
Run the same crypto futures strategy across multiple accounts simultaneously.
Ideal for:
TradingView alerts are transmitted as structured JSON payloads containing all the information PickMyTrade needs to execute your crypto futures trade.
Crypto futures trading involves significant risk and can result in substantial losses, including liquidation. Automated systems execute strictly based on predefined rules and may not adapt to sudden market changes.
PickMyTrade does not provide trading signals or investment advice. Always test strategies using paper trading before deploying live capital.
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PickMyTrade supports automated crypto futures trading including USDT-M futures and perpetual contracts on Binance, Bybit, and TradeLocker. Feature availability may vary by exchange and contract type.
No coding required. PickMyTrade is a no-code solution. Simply connect your exchange, copy the webhook URL, and paste it into TradingView. Setup takes under 5 minutes.
PickMyTrade supports fixed quantity (a set number of contracts per alert) and risk percentage (automatically sized so maximum loss equals a percentage of account balance). Risk-based sizing is recommended for long-term automated crypto futures trading.
Yes. PickMyTrade supports multiple exchange accounts under one login, multiple PickMyTrade accounts, and quantity multipliers per account. Ideal for fund managers, prop traders, and strategy replication across accounts.
Yes. PickMyTrade offers a free trial with full access to all crypto automation features. Always test strategies using paper trading before deploying live capital.
Connect your exchange, configure TradingView alerts, test using paper trading, and deploy with confidence.
Exchange-specific guides: