Futures Automation

Automated Futures Trading
with TradingView

Automate futures trading strategies using TradingView alerts and execute trades seamlessly through supported futures brokers. PickMyTrade enables traders to automate entries, exits, and advanced risk management for futures contracts while eliminating manual execution.

This page covers Futures as an asset class. Broker-specific setup guides are linked where applicable.

Free Trial Available
Low-Latency Execution
Advanced Risk Management

What Is Automated Futures Trading?

Automated futures trading allows you to convert TradingView indicator or strategy alerts into live futures orders at your broker. Instead of placing trades manually, PickMyTrade listens for alerts, applies predefined execution and risk rules, and places trades automatically.

This enables faster execution, reduced emotional bias, and consistent risk management — while keeping full control over your TradingView logic. PickMyTrade integrates directly with TradingView and supported futures brokers to deliver reliable, low-latency futures automation.

Faster Execution

No Emotional Bias

Consistent Risk Rules

How Futures Automation Works

1

Alert Triggered

A TradingView indicator or strategy alert fires.

2

Alert Interpreted

PickMyTrade determines Buy, Sell, or Close action; Long or Short direction; quantity or risk-based sizing; and Stop Loss / Take Profit logic.

3

Risk Rules Applied

Stop Loss, Take Profit, trailing logic, and exit rules are applied automatically based on your configuration.

4

Order Executed

The futures order is routed to your connected broker and executed instantly.

TradingView Alert Types for Futures

PickMyTrade supports both TradingView alert types for futures automation:

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.

Core Futures Trading Concepts

Understanding these concepts is essential for effective automated futures trading.

Term Explanation
Futures Contract Agreement to buy or sell an asset at a future date
Long Buy a contract expecting price to rise
Short Sell a contract expecting price to fall
Leverage Margin-based exposure to larger positions
Tick Size Minimum price movement allowed
Contract Size Dollar or point value per contract
Margin Capital required to open and maintain positions
Liquidation Forced position closure due to insufficient margin

Risk Management for Automated Futures Trading

PickMyTrade provides professional, broker-aware futures risk controls.

Stop Loss Methods

  • Dollar (USD)
  • Percentage
  • Ticks
  • Total loss per contract
  • TradingView plot values

Take Profit Methods

  • Fixed targets
  • Percentage-based targets
  • Strategy-controlled exits

Trailing Logic

  • Auto trailing stop loss
  • Broker dependent — see feature table below

Futures Broker Feature Support

PickMyTrade supports automated futures trading across multiple brokers. Feature availability varies by broker and execution infrastructure.

Broker Indicator Alerts Strategy Alerts Trailing SL (Auto) Multiple TP / SL Trade Copier
Interactive Brokers
Rithmic
TradeStation
ProjectX (Auto Trail)
Tradovate

Notes

Auto trailing stop loss is supported only on ProjectX and Tradovate.

Multiple Take Profit / Stop Loss from PickMyTrade is supported only on Tradovate.

Feature behavior depends on broker-side order handling.

Futures Trade Copier Support

PickMyTrade supports futures trade copying on selected brokers.

Supported Copier Brokers

ProjectX
Tradovate

Common Use Cases

Prop firm account replication
Strategy scaling across multiple accounts
Team or fund-based execution

Multi-Account Futures Execution

PickMyTrade allows futures automation across multiple accounts, enabling flexible risk scaling from a single TradingView alert.

  • Multiple broker accounts under one login
  • Multiple PickMyTrade accounts
  • Quantity multipliers per account

Supported Futures Brokers

Interactive Brokers Rithmic TradeStation ProjectX Tradovate

Each broker uses the same TradingView alert logic with broker-specific execution capabilities.

Who This Is Built For

Futures traders using TradingView
Systematic and algorithmic traders
Prop traders and funded account holders
Strategy developers and signal traders
Traders scaling automation responsibly

Best Practices for Futures Automation

Trade liquid contracts (ES, NQ, CL, GC, etc.)
Use defined risk per trade
Avoid excessive leverage
Keep automation logic simple
Monitor broker margin requirements

Futures Risk Disclosure

Futures trading involves substantial risk and may result in losses exceeding the initial margin. Automated systems execute strictly based on predefined rules and may not react to sudden market conditions.

PickMyTrade does not provide trading signals or investment advice. Always test strategies using simulation environments before deploying live capital.

Frequently asked questions

Can't find the answer you're looking for? Reach out to our customer support team.

What futures instruments can I automate?

You can automate any futures instruments supported by your broker, including ES, NQ, YM, RTY, CL, GC, SI, and all CME/CBOT futures contracts. PickMyTrade works with all TradingView alerts across Interactive Brokers, Rithmic, TradeStation, ProjectX, and Tradovate.

Which brokers support trailing stop loss for futures?

Auto trailing stop loss is supported on ProjectX and Tradovate. Interactive Brokers, Rithmic, and TradeStation support indicator and strategy alerts but not auto trailing SL through PickMyTrade.

Does PickMyTrade support a futures trade copier?

Yes. PickMyTrade supports futures trade copying on ProjectX and Tradovate. Common use cases include prop firm account replication, strategy scaling across multiple accounts, and team or fund-based execution.

Can I trade futures on multiple accounts?

Yes. PickMyTrade supports multiple broker accounts under one login, multiple PickMyTrade accounts, and quantity multipliers per account, enabling flexible risk scaling from a single TradingView alert.

Is there a free trial?

Yes. PickMyTrade offers a free trial with full access to all futures automation features. Always test strategies using simulation before deploying live capital.

Get Started with Automated Futures Trading

Connect your broker, configure TradingView alerts, test your automation logic, and deploy with confidence.

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