Strategy versus indicator alerts for IBKR automation

Quick answer

Choose the alert type that matches your script. A chart mark, an indicator condition, a script call, and a strategy fill are not the same event. Pick the event the message expects. Then check one real alert in the log before trusting the full flow.

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

Step by step

1 Identify whether the chart script is an indicator or a strategy.
2 Read its supported alert conditions and whether it uses explicit alert messages.
3 Choose the matching type in the PickMyTrade IB generator.
4 Select the matching TradingView condition and copy the correct generated message.
5 Check one paper event against the intended entry or exit before enabling the full strategy.

A practical example

A script draws a buy mark on a chart, but you chose a different alert condition. The mark does not force the chosen alert to fire. Read the script’s alert choices, then pick the event the generated message expects. For a strategy, that might be an order-fill event or a call made by the script. Keep one clear route for each action and test the actual log entry, not just the chart mark.

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

Screen reference

PickMyTrade Alert Type menu with INDICATOR and STRATEGY — Match this choice to the TradingView script that supplies the alert. The menu alone does not confirm the script condition or message format. Captured in PickMyTrade on 3 October 2026. Open the image for full size.

TradingView unsaved price-alert settings with Condition, Trigger, Message and Notifications — This is an unsaved example price alert. Every time is a price-alert trigger; it does not show a script bar-close setting. The example price is not a recommendation. The draft was canceled without creating an alert. Captured in TradingView web on 3 October 2026. Open the image for full size.

PickMyTrade Generate Alert Symbol Details with IB and STRATEGY selected — Choose Alert Type, Instrument Type and the intended TradingView symbol here. The fields are incomplete in this example. No alert message or order was generated. Captured in PickMyTrade on 3 October 2026. Open the image for full size.

How to confirm the result The alert event and received action should agree on side, size, product, and whether it opens or closes.

Mistake to avoid

A chart marker is not proof that a server alert was set for that event.

Common questions

Can a strategy have more than one alert source?

Yes. Check the chosen condition and avoid unintended duplicate events.

Does selecting Strategy make broker trades automatic by itself?

No. The webhook and broker connection must also be set.

TradingView to IBKR through PickMyTrade: setup checks TradingView alert fired but no IBKR order appeared TradingView webhook delivery failed: check the cause

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.