IBKR & TWS Compatible

TradingView to Interactive Brokers Automation Platform

Automate your TradingView alerts directly to your Interactive Brokers (IBKR) brokerage account in under 5 minutes. Powerful automated trading system for stocks, options, and futures with instant execution through the IBKR trading platform.

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Complete Solution

TradingView to Interactive Brokers Automation

Seamless integration for professional stock, options, and futures traders

What is TradingView to Interactive Brokers Automation?

PickMyTrade enables seamless TradingView alert automation directly to Interactive Brokers (IBKR) through the TWS (Trader Workstation) platform. Our no-code solution allows traders to execute automated trading strategies using TradingView's powerful charting and alert system.

Whether you're trading stocks, options, futures, or forex through Interactive Brokers, PickMyTrade bridges the gap between signal generation and order execution with support for both live and paper trading accounts.

Why Choose Automated Trading with IBKR?

Interactive brokers auto trading and IBKR algo trading eliminate emotional decision-making and ensure consistent execution of your trading strategy. With PickMyTrade's Interactive Brokers API integration for TradingView webhook alerts, every signal triggers instant order placement through your Interactive Brokers trading platform:

Lightning-fast execution - milliseconds from alert to order
24/7 automation - trade global markets around the clock
Advanced risk management - automatic stop loss and take profit
Multi-account support - manage multiple IBKR accounts simultaneously
Global market access - stocks, options, futures, and forex

Supported Trading Platforms & Instruments

Complete ecosystem integration for Interactive Brokers trading

Signal Generation

  • TradingView Alerts
  • TradingView Strategies
  • Pine Script Indicators
  • Custom Webhooks

Execution Platform

  • Interactive Brokers TWS
  • IBKR API
  • Paper Trading Accounts
  • Live Trading Accounts

Instruments Supported

  • Stocks & ETFs
  • Options & Futures Options
  • Futures Contracts
  • Forex & CFDs
More Integrations

Explore Other TradingView Broker Integrations

PickMyTrade supports multiple brokers and platforms. Discover how to automate your TradingView alerts across different trading ecosystems

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Direct Rithmic API integration for ultra-low latency futures trading

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ProjectX automation perfect for Topstep and prop firm traders

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TradingView to TradeStation

Automate stocks, options, and futures on TradeStation platform

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TradingView to TradeLocker

Forex and CFD trading automation via TradeLocker platform

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View All Supported Brokers & Platforms
Video Tutorials

Learn Through Video Guides

Watch step-by-step tutorials to master TradingView to Rithmic automation

How to set up automated trading from TradingView to Interactive Brokers?

Playlist

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How to set up automated trading from TradingView to Interactive Brokers?
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Automating TradingView strategies on Interactive Brokers for futures and stocks.
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Automating TradingView indicators with Interactive Brokers (IBKR).
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How to Automate Interactive Brokers (IBKR) Trading Using a TradingView Indicator
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How to Automate Interactive Brokers (IBKR) Trading Using a TradingView Strategy
Setup Your Automation

Connect TradingView to Interactive Brokers in 3 Steps

Set up automated IBKR trading in minutes. No coding knowledge required - just copy, paste, and trade.

1

Configure Your IBKR Account

  • IBKR desktop download and login to TWS (Trader Workstation) or use the IBKR mobile app
  • Connect your IBKR brokerage account to PickMyTrade (works with both live and IBKR paper trading accounts)
  • Define trade actions: Buy, Sell, Close positions
  • Set up automated risk management: stop loss, take profit, position sizing
2

Set Up TradingView Webhook Alerts

  • Generate your unique webhook URL in PickMyTrade
  • Copy the alert message code for your strategy
  • Paste into TradingView alert settings
  • Works with both Pine Script indicators and strategies
3

Start Automated Trading

  • When your TradingView alert fires, PickMyTrade receives webhook instantly
  • Orders executed through TWS to IBKR in milliseconds
  • Automated stop loss and take profit orders placed simultaneously
  • Monitor trades in real-time through your TWS dashboard
Get Started in Under 5 Minutes

Key features

Why Traders Choose PickMyTrade

Multiple Alert Types

Automate trades using either indicator-based alerts or strategy-based alerts from TradingView. This flexibility ensures your automation works seamlessly with any trading style, from technical analysis to fully coded strategies.

Indicator Alerts

Strategy Alerts

Instant Execution

Seamless Integration

Flexible Symbol Mapping

Trade exactly the asset you want — even if your alert is on a different one. Map symbols freely (e.g., alert on NQ, trade MNQ) or stick to one-to-one mapping for precision.

Cross-Symbol Mapping

Precision Targeting

Flexible Configurations

Smart Quantity Settings

Control trade size your way: set a fixed quantity or use dynamic risk-based sizing that adjusts according to your stop loss and risk percentage, ensuring consistent risk management.

Fixed Quantity

Risk Percentage

Auto Size Adjustment

Risk Protection

Advanced SL & TP Options

Choose from multiple stop loss and take profit calculation methods: by points, percentage, ticks, exact price, or total profit/loss per contract — giving you complete control over trade exits.

Points / Dollars

Percentage

Price Variables

Ticks

Profit/Loss per Contract

Multiple Account Support

Link multiple IB accounts to one PickMyTrade profile and control execution individually with multipliers or risk-based sizing. Perfect for managing multiple portfolios.

Multi-Account

Quantity Multiplier

Risk-Based Allocation

One-Click Setup

Example

Fast & Accurate Execution

This example illustrates how precision and speed transform market prospects into actionable trades. The strategy buys NQ at 21,891, setting a stop loss at 21,841 and a take profit at 21,991, which is 100 points above. With 10 contracts, trade parameters are well defined, capping potential loss at $10,000 and profit at $20,000.

As soon as the alert goes off on TradingView, PickMyTrade places the order immediately, ensuring no gap exists between signal and market order. This level of system automation provides unwavering adherence to a trading plan without the need for a manual trader, even during periods of high volatility.

Entry Point

BUY NQ 21,891.00

NASDAQ-100 E-mini Futures

Position Size

10 Contracts

$20 per point multiplier

Stop Loss

21,841.00

-50 points risk

Take Profit

21,991.00

+100 points target

Risk Analysis

Maximum Risk

$10,000

50 pts × $20 × 10 contracts

Risk per contract: $1,000

Maximum Profit

$20,000

100 pts × $20 × 10 contracts

Risk/Reward Ratio: 1:2

Your Questions Answered

Frequently Asked Questions

Everything you need to know about TradingView to Interactive Brokers automation

Setup & Connections

How do I prepare my Interactive Brokers account for TradingView automation with PickMyTrade?

First, install IBKR's Trader Workstation (TWS) or IB Gateway on your computer or VPS. Log in to your Interactive Brokers account (paper or live), then navigate to PickMyTrade's Broker Connections section, select Interactive Brokers, and connect via the IB API.

Make sure your IBKR account has API access enabled in your account settings and that you accept the API connection when TWS prompts you.

What is the process for setting up an alert in TradingView?

Step 1: Configure your alert settings in PickMyTrade (symbol, quantity, SL/TP, etc.) and click Generate Alert.

Step 2: In TradingView, create a new alert and paste the alert code from PickMyTrade into the message box.

Step 3: Paste the webhook URL from PickMyTrade into the Webhook URL field and click Create Alert.

Can I use PickMyTrade with Interactive Brokers paper trading accounts?
Yes! PickMyTrade fully supports both IBKR paper trading accounts and live trading accounts. We highly recommend testing your strategies on a paper account before going live to ensure everything works as expected.

Trading Options & Asset Classes

What asset classes can I trade with PickMyTrade and Interactive Brokers?

PickMyTrade supports automation for multiple asset classes on Interactive Brokers:

  • Stocks: US and international equities
  • Options: Equity options with custom strikes and expirations
  • Futures: ES, NQ, CL, and other futures contracts
  • Forex: Major and minor currency pairs
How do I trade options using PickMyTrade with Interactive Brokers?

When creating your alert in PickMyTrade, specify the option contract details including:

  • Underlying symbol (e.g., AAPL, SPY)
  • Option type (Call or Put)
  • Strike price
  • Expiration date
  • Number of contracts

PickMyTrade will automatically format the option symbol correctly for Interactive Brokers and execute the trade through TWS.

What are the essential options trading terms I should understand?

Key terms: Call Option (right to buy), Put Option (right to sell), In-The-Money (ITM), Out-Of-The-Money (OTM), Strike Price, Expiration Date, Premium, and Lot Size.

Alerts & Order Logic

What are the two types of alerts I can use?

Indicator Alert: Based on technical indicators like RSI, MACD, or Moving Averages. Ideal for manual or semi-automated trading.

Strategy Alert: Based on a complete Pine Script trading strategy in TradingView with full entry and exit automation.

Can I trade a different symbol than the one my alert is on?
Yes. When setting up your alert in PickMyTrade, you can specify a different trading symbol than what's on your TradingView chart. For example, you can have alerts on SPY but execute trades on SPX options. If you don't specify a trading symbol, PickMyTrade will use the chart symbol.

Trade Management & Risk Settings

What are the different methods for calculating Stop Loss and Take Profit?

Point/Dollar: Fixed dollar amount from entry price.

Percentage: Percentage of the entry price.

Price Variables: Use TradingView's {{plot_x}} variables for dynamic SL/TP.

Ticks: Number of ticks from entry (for futures).

Total P/L (USD): Specific dollar risk/reward per trade.

What is the difference between Quantity Multiplier and Risk Percentage?

Quantity Multiplier: Scales all trades by a fixed multiplier (e.g., 2x doubles your position size).

Risk Percentage: Automatically calculates position size based on your stop loss to risk a specific percentage of your account per trade.

Technical Setup & VPS

Which VPS do you suggest for running Interactive Brokers TWS 24/7?

For reliable 24/7 connectivity, consider TradingFXVPS with their specialized trading VPS located near major exchanges for low latency. Check it out here: TradingFXVPS CME Hosting.

(Affiliate link – we are not responsible for VPS performance, downtime, or trading losses. Use at your own risk).

💡 Pro tip: Use promo code "PickMyTrade" to receive a 20% recurring discount.

What should I do if I experience connection issues with Interactive Brokers?

Common solutions:

  • Ensure TWS/IB Gateway is running and you're logged in
  • Check that API access is enabled in your IBKR account settings
  • Accept the API connection prompt in TWS when PickMyTrade attempts to connect
  • Verify your firewall isn't blocking the connection
  • Try restarting TWS and reconnecting

If issues persist, contact our support team at [email protected].

Support & Resources

Where can I find support for PickMyTrade if I need assistance?

We offer multiple support channels:

  • Email: [email protected]
  • Discord Community: Join our active community for quick answers
  • Documentation: Comprehensive guides at docs.pickmytrade.io
  • Video Tutorials: Step-by-step video walkthroughs

Account Setup & Getting Started

How do I set up my IBKR brokerage account for automated trading?

Setting up your IBKR brokerage account for automated trading is straightforward. First, IBKR register for a new account or use interactive broker login to access your existing account.

You can IBKR create account through the official Interactive Brokers platform. For those new to algorithmic trading, we recommend starting with an IBKR paper trading account to test your strategies risk-free before deploying them on your live interactive broker account.

Should I test my strategies before going live?

Before risking real capital, thoroughly test your strategies using IBKR paper trading and interactive broker paper trading accounts. This risk-free environment simulates live market conditions, allowing you to validate your automated trading system before going live with your IBKR brokerage account.

Platform & Tools

What IBKR platforms and tools are available for trading?

The IBKR platform and interactive broker platform offer robust trading capabilities:

  • IBKR desktop download: TWS (Trader Workstation) for advanced charting and order entry
  • IBKR mobile app and interactive broker app: Full trading functionality on the go
  • IBKR API and interactive broker API: For custom automation

The IBKR API documentation and interactive brokers API documentation provide comprehensive implementation guides.

Can I use Python for IBKR API integration?

For traders who prefer coding their own solutions, the IBKR API Python and interactive brokers API Python libraries enable powerful automation.

The IBKR Python API provides access to market data, order management, and account information. While PickMyTrade eliminates the need for coding, understanding the interactive brokers algorithmic trading ecosystem helps optimize your strategy.

Check the interactive brokers API price and interactive brokers API pricing for cost considerations when using direct API access.

How do I manage my Interactive Brokers account and get support?

Managing your interactive brokers account management login is simple through the IBKR portal.

For assistance, reach out to IBKR customer service or interactive broker customer service via the IBKR customer service number or interactive broker phone number.

The IBKR live chat feature provides instant support for urgent issues. The official interactive brokers address and contact information can be found on their website.

Pricing & Reviews

What should I consider when evaluating IBKR pricing and reviews?

When evaluating brokers, consider IBKR review, IBKR reviews, interactive broker review, and interactive broker reviews from verified traders.

The IBKR trading platform, IBKR trading platforms, interactive broker trading platform, and various interactive brokers trading platforms options provide flexibility for different trading styles.

Review the IBKR pricing plan and interactive broker pricing to understand commission structures and account fees.

Advanced Features

What specialized trading features does IBKR offer?

For specialized trading needs, IBKR offers:

  • IBKR forex leverage: Options for currency trading
  • IBKR IRA and IBKR IRA account: Retirement trading options
  • Robo advisor interactive brokers: Automated portfolio management
  • Interactive brokers VPS: Ensures your automated trading system interactive brokers runs 24/7 without interruption

Platform Integration & Global Markets

What markets and exchanges can I access with TradingView to Interactive Brokers automation?

PickMyTrade delivers seamless TradingView to Interactive Brokers automation for traders across all asset classes. You can execute automated trades on global markets including:

  • • US Markets: NYSE and NASDAQ for stocks and equity options
  • • Futures Exchanges: CME for E-mini contracts and other futures
  • • European Markets: EUREX and other international exchanges
  • • Forex Markets: Global currency pairs through IBKR's forex platform
How does PickMyTrade connect to Interactive Brokers (TWS and IB Gateway)?

Our platform connects your TradingView strategies directly to IBKR's Trader Workstation (TWS) and IB Gateway through the Interactive Brokers API. This robust integration enables:

  • ✓ Seamless automation without writing any code
  • ✓ Direct order execution from TradingView alerts
  • ✓ Real-time position monitoring and order status updates
  • ✓ Support for both paper and live accounts for comprehensive testing
What are the advantages of using Interactive Brokers with PickMyTrade?

Leverage Interactive Brokers' low commissions and global market access with TradingView's advanced charting and alert capabilities, creating the ultimate automated trading ecosystem:

  • • Low Cost Trading: Benefit from IBKR's competitive commission structure
  • • Multi-Asset Support: Trade stocks, equity options, futures contracts, and forex pairs
  • • Professional Tools: Suitable for retail and professional traders alike
  • • Risk Management: Test strategies with paper trading accounts before live execution
  • • Global Access: Trade across multiple time zones and markets worldwide

Start Your Automated Trading Journey with Interactive Brokers

What Makes PickMyTrade Different for IBKR?

Unlike other trading automation platforms, PickMyTrade is purpose-built for TradingView to Interactive Brokers algorithmic trading. Our automated trading system for Interactive Brokers leverages the IBKR API to provide seamless connectivity. We understand the unique requirements of the IBKR platform and IBKR trading platform users across global markets.

  • ✓ No coding required - alternative to complex IBKR API Python development
  • ✓ Instant execution - leveraging IBKR API for sub-second latency
  • ✓ Multi-asset support - stocks, options, futures, forex through IBKR
  • ✓ 24/7 reliability - cloud-based infrastructure for uninterrupted trading

Ready to Automate Your IBKR Trading?

Join hundreds of traders who use our interactive brokers auto trading solution. Whether you're testing with an IBKR paper trading account or trading live on your interactive broker account, PickMyTrade makes IBKR algo trading accessible to everyone.

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Contact Us

Got any queries?

We’re here to help! Join our community on Discord or email us directly.

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