Automation
Automate your TradingView alerts and strategies with PickMyTrade and enjoy robust Rithmic API integration for both live and demo accounts.
5-days free trial
No Card Required
Unlimited Trade
Basic Workflow
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Key features
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
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
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
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
Link multiple Rithmic 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
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
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
General Setup and Connection
PickMyTrade is a service that allows you to automate trades from TradingView. By connecting your Rithmic account to PickMyTrade, you can use alerts from your TradingView indicators or strategies to automatically execute trades on your Rithmic account.
First, register a separate PickMyTrade account specifically for Rithmic. Then, navigate to the Broker Connections section, select Rithmic, and click Add Connection. Enter your Rithmic username, password, and system name, and then click Connect. The status will show as "Connected" if your credentials are correct.
You can use either an INDICATOR alert, which is based on technical indicators like RSI or Moving Averages, or a STRATEGY alert, which is based on a predefined trading strategy in TradingView.
After configuring your alert settings in PickMyTrade, click Generate Alert. In TradingView, create a new alert, paste the copied alert code into the message box, and paste the webhook URL from PickMyTrade into the Webhook URL field in your TradingView notification settings. Finally, click Create Alert.
Yes. When you set up the alert in PickMyTrade, you can enter a specific trading symbol (e.g., NQMS) that is different from the symbol on your TradingView chart (e.g., NQ). PickMyTrade will then execute the trade on the symbol you specified. If you don't specify a symbol, it will use the one from your TradingView chart.
Yes, you can. However, each additional Rithmic connection costs $50 per month.
Stop Loss and Take Profit
You have five options for setting up SL and TP:
The {{plot_x}} variables are placeholders that represent the different values your indicator plots on the chart. For example, {{plot_1}} might represent your Stop Loss level and {{plot_2}} your Take Profit level. When setting up your alert in TradingView, you would enter these variables in the message box, and PickMyTrade will use their live values at the time the alert is triggered.
Account and Order Management
Yes. The symbol is mandatory for these stop-loss types because PickMyTrade needs it to correctly calculate the stop loss and take profit levels based on the asset's tick size or point value.
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