Stock Trading Automation via TradingView

How to automate a stock strategy from TradingView

Automating a stock strategy takes four steps and no programming:

1. Connect your broker. Create a PickMyTrade account and connect your Interactive Brokers, TradeStation, or Tradier account. You can use a live account or a paper / demo account where your broker offers one.
2. Generate your alert. In PickMyTrade, generate the alert message and the webhook URL for your buy and sell signals. PickMyTrade writes this for you, so there is no JSON to hand-code.
3. Paste it into TradingView. Create an alert on your strategy or indicator in TradingView, delete the default message, paste the PickMyTrade message, and set the webhook URL in the alert's Notifications tab. Webhook alerts require a paid TradingView plan (Pro, Pro+, or Premium), because free TradingView accounts cannot send webhooks.
4. Go live. Enable the alert. When it fires, PickMyTrade places the stock order at your broker automatically. Test on a small size first, then confirm the fill in your PickMyTrade alert log and in your brokerage account.

PickMyTrade processes your order in under 200ms on our side. Total fill time also depends on your broker's execution, network latency, and how quickly TradingView sends the alert.

Supported equities brokers and account types

PickMyTrade automates US stock and ETF orders through three brokers:

• Interactive Brokers (IBKR): stocks, ETFs, and options across a wide range of US and global markets, with live and paper accounts. Automate TradingView to Interactive Brokers
• TradeStation: US stocks, ETFs, and options, with live and simulated accounts. TradingView to TradeStation automation
• Tradier: an API-first brokerage for US stocks and options. TradingView to Tradier for stocks and options

You can connect a cash account or a margin account. The account type matters for day-trading limits: margin accounts with under $25,000 in equity are subject to the pattern day trader rule, while cash accounts are not, though cash accounts settle on a delay. Connect the broker you already use. PickMyTrade does not hold your funds and does not act as a broker.

Trading crypto or futures instead? PickMyTrade also connects to Binance and Bybit for crypto, and Tradovate, Rithmic, and ProjectX for futures, among others. Those are separate from the equities brokers above.

The pattern day trader (PDT) rule and day-trading considerations

Automating stock trades does not exempt you from US day-trading rules, so it is worth understanding the pattern day trader (PDT) rule before you switch a strategy on. Under long-standing FINRA rules, if you place four or more day trades within five business days in a margin account, and those trades make up more than 6% of your total trades in that period, you are flagged as a pattern day trader and must keep at least $25,000 in equity in that account. Fall below $25,000 and your broker can restrict day trading until you top the account back up.

A few practical points for automated stock strategies:

• The rule applies to margin accounts. Cash accounts are not subject to the PDT count, but they settle on a delay, so you can only trade with settled funds, which limits how often you can round-trip the same money.
• The rule is about intraday round trips. Strategies that hold overnight are generally not counted as day trades.
• Futures are not subject to the PDT rule, which is one reason some automated traders run intraday strategies on futures instead of stocks.

Rules like these change over time, and your broker may apply them slightly differently, so confirm the current requirements with your broker before you automate an intraday stock strategy. For a fuller walkthrough, read our guide on day trading rules and PDT requirements.

Order types and controls

PickMyTrade places real broker orders, not just notifications, so you get proper order control on every automated stock trade:

• Order types: Market, Limit, and Stop orders.
• Stop-loss and take-profit: attach protective exits to each entry so a position is managed even when you are away from the screen.
• Position sizing: size each trade by a fixed number of shares or by a risk percentage of the account.
• Multi-account: send one alert to more than one connected account at the same time, each with its own sizing.

Everything runs in the cloud, so there is no desktop app to keep open and no VPS to rent. You set the rules once, and PickMyTrade applies them to every alert.

Pricing and free trial

PickMyTrade is a flat $50 per month, or $500 per year. Every plan starts with a 5-day free trial, and no credit card is required to begin. One subscription covers automated stock trading across your connected accounts, with unlimited alerts and tickers, plus live support. You keep your brokerage account and pay your broker's own commissions separately, since PickMyTrade is only the automation layer. See full plan details on our pricing page.