Configure a Signal Bot (TradingView Strategy)

Set up a Signal Bot for a TradingView strategy

This guide will help you set up a Signal Bot that works with your TradingView strategies, allowing you to receive alerts and execute trades automatically based on your non-DaviddTech TradingView signals.

Consider using a DaviddTech Strategy instead for a simpler setup process.

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The following instructions apply only to TradingView Strategies. View instructions for DaviddTech Strategies and Custom Signals.

🔹 1. Create a Signal Bot

• Click Signal Bot in the left sidebar

• Find the Create Signal Bot form on the right side

• Under the Strategy Type menu, select TradingView Strategy

• Click Next to proceed

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⚙️ 2. Configure Your Bot

Under the General Settings tab:

• Select your connected exchange from the dropdown (or click Add New Exchange)

• Use the toggle to choose your Coin Pair Type:

Dynamic Pair

The trading pair is defined by the TradingView chart you're viewing. The bot will trade whatever pair is displayed on your chart.

Static Pair

This option specifies a particular coin pair to be traded, which can be selected under the Select Coin Pair dropdown beneath the toggle.

• Click the button next to {{strategy.order.contracts}} to access position settings

• Select your Position Type:

  • USDT: Trade with a specific USDT amount for each position

  • % Percentage of Wallet: Use a percentage of your available funds

  • Dynamic Position: Let your TradingView strategy determine position size

  • Base Currency Value: Specify an amount in the base currency (e.g., 0.1 BTC when trading BTC/USDT)

• Configure Leverage Settings:

  • Set your preferred leverage for long positions

  • Set your preferred leverage for short positions

Configure Risk Management Settings

• Set Take Profit Percentage (optional)

• Set Stop Loss Percentage (optional)

• Configure Multiple Take Profits if desired

If your TradingView strategy already includes take profit or stop loss, consider whether you want to use them with these settings, as they may conflict.

Complete General Settings

• Enter a memorable Bot Name

• Verify that the Start Condition shows "TradingView"

• Click Next to proceed to the Script Configuration menu

📜 Script Configuration

The Script Configuration menu provides you with the code snippets you'll need to copy into TradingView to configure your Signal Bot.

Click the button to select the right script according to your needs.

For Opening Positions:

• Click Open Long to get the script for opening long positions

• Click Open Short to get the script for opening short positions

For Closing Positions:

• Click Close Long to get the script for closing long positions

• Click Close Short to get the script for closing short positions

The Force Close option is used when a signal from TradingView should close an open position. For example, this is useful with strategies like EMA crossovers that generate specific exit signals.

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🔧 3. Configure Signal Bot in TradingView

After copying the script(s) do the following:

Go to TradingView and open your desired DaviddTech Strategy's settings (make sure the strategy is active on your chart, then click the Cog icon)

On the strategy's settings (under the Inputs Tab):

Configure Signal Bot in TradingView

1. Ensure that the Optimiser Mode 🚀 checkbox is Not checked

2. Scroll all the way down until you reach the LIVE TRADING (IMPORTANT) section.

3. Check the Live Trading checkbox and set a Starting Date and Time to when you began (or plan to) live trading with the strategy.

You may set the Starting Date to the current date and Time a few minutes into the future

1. Right below, under the USE SIMPLE BOT BY TRIGGER.TRADE? section, check Use Simple Bot

2. If desired, check the Use Safety TP and/or Use safety SL to enable your strategy's take profit/stop loss settings

Use Safety TP and Use safety SL won't work if your strategy uses a trailing stop loss.

1. Click the OK button under the form

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🔔 4. Create TradingView Alert

Now that your Signal bot is set up within TradingView, set up an alert to notify you of any trade setups or place trades automatically on your exchange by following these steps:

On TradingView, click Add Alert to open your strategy's Alerts settings (You can do so via the triple-dot menu next to your strategy's name). This will open the Create Alert form.

Paste the script you copied from DaviddTech in step 3 into the Message field of the Create Alert form

Make sure the first dropdown under Condition is set to your strategy's name

Set the second dropdown to one of the following:

• Order fills only to have orders placed without being alerted

• alert() function calls only to get alerts but no orders placed

• Order fills and alert() function calls to have both

Set an alert expiration date (or Open-ended for everlasting alerts)

Name your alert (preferably the same as your Signal Bot)

Click the Notifications tab

Check the Webhook URL Checkbox and paste the Webhook URL you copied in Step 3 into the text field.

Using the Webhook URL is only required to get strategy alerts in DaviddTech. Other options such as App and email notifications are also available

Click Create to finish setting up your Signal bot.

✅ 5. Activate Your Bot

• After configuring all settings, click the Activate button

• Your new Signal Bot will appear in your My Signals list

• You can now manage your bot, view trade logs, or make adjustments as needed

🔄 Managing Your TradingView Signal Bot

• Find your bot in the My Signals list

• Click the three dots (⋮) menu to:

  • Pause your bot temporarily

  • View Trade Logs to track performance

  • Delete your bot if needed