Automation
Automate your TradingView alerts and strategies with PickMyTrade and seamlessly connect to TradeStation for both live and paper trading 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 TradeStation 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
Overview of PickMyTrade
PickMyTrade is a bridge between TradingView and brokers like TradeStation and Rithmic. It receives TradingView alerts and turns them into live broker orders, eliminating manual execution.
Connecting TradingView to PickMyTrade
Use the Webhook URL and Alert Code from PickMyTrade, then paste them into your TradingView alert settings.
A unique address from PickMyTrade that receives alerts from TradingView. Found in the PickMyTrade dashboard after generating an alert.
Connecting Brokerage Accounts
In PickMyTrade, click the TradeStation Connection button, log in, and choose Sim or Live mode.
Yes — either under one login or by using tokens for accounts on different logins.
Stop Loss & Take Profit Settings
What are the different ways I can configure Stop Loss and Take Profit?
Use placeholders like {{plot_0}} for values plotted in your custom indicator.
Options Trading Automation
Yes — supported on platforms like TradeStation.
Option type (Call/Put), strike price logic (ATM, ITM, OTM, Strike Away), and expiry date.
Types of Alerts / Order Types & Actions / Position Sizing
INDICATOR: Triggers from specific chart conditions (manual/semi-auto
use).
STRATEGY: Triggers from a full Pine Script strategy with entry and exit
automation.
Buy Alert: Opens or adds to a buy position; closes short positions first.
Sell Alert: Opens or adds to a sell position; closes long positions
first.
Close Alert: Closes all open positions and cancels orders.
Quantity: Fixed contracts/shares per trade.
Risk Percentage: Auto-sized based on account balance and stop-loss
distance.
Contact Us
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