TradingView and PickMyTrade

A paper test for TradingView to IBKR automation

Quick answer

Follow one paper signal from the chart to the broker record. Check the account, product, and size first. Then check the entry, exits, fills, and any orders left open. A green connection icon is only one check. Paper fills do not predict live fills.

Educational software guidance. Trading involves risk. Read the financial and information disclaimers.

Step by step

  1. 1 Confirm Paper Trading in TWS and the intended account in the desktop connection.
  2. 2 Review the generated alert’s contract, size, and exit mode.
  3. 3 Trigger one planned test event using the strategy’s supported method.
  4. 4 Compare TradingView delivery, PickMyTrade receipt, and TWS order acceptance and execution.
  5. 5 Check the final position and any remaining stops or targets before declaring the test complete.

A practical example

Write a small test record before you begin: the paper account, full product, size, entry type, and expected exits. After one signal, add the alert time, receiver result, broker ID, and final state. Compare each line with the plan. If the entry arrives but the stop is missing, the test has not passed. If the app gets an alert but TWS gets no order, trace that gap. The record should show what happened, not only a screenshot of a green connection.

Illustrative scenario, not a record of a trade placed during this review.

Screen reference

TWS login with Paper Trading selected and both credential fields empty
Choose the intended mode before signing in. This is a normal empty login screen, not a reproduced authentication failure. Credentials were cleared before capture. Captured in TWS paper mode on 3 October 2026. Open the image for full size.
PickMyTrade Add Trading Account form with connection, IB account and Quantity Multiplier fields
This blank form shows account selection and Quantity Multiplier, displayed as 1. No Connection Found means the account cannot yet be selected. This is not the saved setup of an existing alert. The form was closed without adding an account. Captured in PickMyTrade on 3 October 2026. Open the image for full size.
PickMyTrade strategy choices No SL/TP, Attach SL/TP to Orders and Multiple Exits
These three unselected cards show the available exit modes. Select a mode only after checking how the script sends exits. No broker stop or target was created. Captured in PickMyTrade on 3 October 2026. Open the image for full size.
TradingView Alerts sidebar with the Log tab selected
Open Alerts, then Log, to look for the event. Existing event rows, alert names and message details are excluded. The screenshot does not demonstrate webhook status or delivery. No log records were cleared. Captured in TradingView web on 3 October 2026. Open the image for full size.
PickMyTrade IB Alerts page with date filters, columns and an empty alert list
Account Running and Automation Enabled appear even though this account has no IB connection. They do not prove broker readiness. No alert receipt or processing result is demonstrated by this empty list. Captured in PickMyTrade on 3 October 2026. Open the image for full size.
Empty TWS Activity Orders panel and Trades tab
Use Orders to inspect order state and Trades to inspect executions. This empty paper view shows the location; it does not reproduce a rejection or prove a fill. Captured in TWS paper mode on 3 October 2026. Open the image for full size.
How to confirm the result Keep a record of the event time, intended action, broker order IDs, fills, and final position. Every stage should agree.

Mistake to avoid

Do not call a test successful solely because a notification arrived or a connection icon turned green.

Common questions

What does a paper test prove?

It can check the set flow and observed paper behavior.

Does it guarantee live fills or uptime?

No. Live execution and operating conditions need their own monitoring.

Financial and information disclaimers

Financial disclaimer

These guides explain software. They are for education, not financial, investment, tax, or legal advice. No example is a suggestion to buy or sell a product or use a trading strategy. Trading can lose money, including all funds you put at risk. With margin, futures, short sales, or some options, losses can exceed your starting funds. Automation can fail, send duplicate orders, or act late. Stops do not guarantee a fill or a price. Review your orders and positions, and seek advice from a qualified professional for your own needs. Paper trades, examples, and past results do not predict live results or promise a profit.

Information disclaimer

This is general help based on the sources and check date shown on the page. Screens, settings, fees, data access, and product support can change or differ by app version, account, country, and broker. The content may contain errors or become out of date; accuracy, completeness, and continuous service are not guaranteed. Check current broker and app instructions before acting. Screenshots show where controls are; they do not prove that an order test passed. This guide does not replace broker terms or risk notices. References to IBKR and TradingView identify their products and do not imply their endorsement of this guide.

IBKR risk disclosures · IBKR paper-trading limits · SEC guidance on automated investment tools

PickMyTrade help · Independent guidance for Trader Workstation and the desktop integration. TWS images show paper trading. Other applications are named in the image captions. Settings and availability can vary by version and account.

Automate TradingView alerts to Interactive Brokers

See the IBKR integration