How to Create a TradingView (PineScript) Trading Robot

TradingView is a powerful platform for researching with extensive historical depth and performing technical analysis. However, it is designed for analysis and signal generation, rather than direct trade execution. As a result, deploying a trading robot on TradingView requires a connection to an external brokerage server. In practice, a trading robot on TradingView operates as part of a distributed system, as briefly outlined in this tutorial.

Connecting to a Broker or Exchange

Since TradingView does not execute trades directly, running an Expert Advisor requires integration through one of the following options:

• Broker APIs (a list of Forex brokers that partner with TradingView is provided below)

• Third-party services (automation platforms such as 3Commas, Autoview, or custom-built servers)

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Preliminary Steps for Building a Successful Trading System

The First Steps for the Successful Development of any Trading System

This article outlines some essential preliminary steps for developing a successful trading system, along with key biases to avoid. The content is primarily based on Van Tharp's book Trade Your Way to Financial Freedom.

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Step 1: Finding a Concept That Works

Finding a concept that works should be considered the first step in building any trading system. An effective concept should include detailed setups for entries and exits, along with clear money management rules. This means defining entry conditions, exit strategies, and position sizing. However, most traders focus primarily on high-probability entries without considering proper position sizing or exit planning. This approach often results in a negative expectancy.

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The Expert Advisors Trading Guide

Trading with Expert-Advisors (EAs)

Deployed on a trading platform, Expert Advisors (EAs) are small programs that can automatically trade any financial instrument. Trading with EAs is becoming increasingly popular, as they can continuously operate in any financial market without human intervention.

Introduction to EA Trading

An EA identifies and opens trades based on user-defined parameters. If market conditions change, the algorithm can automatically modify or close the trade.

EA trading is a multi-featured process offering:

• Trading across the full range of assets available on the platform (Forex, equities, crypto, etc.)

• Combining technical analysis tools and techniques (indicators, pattern recognition, support/resistance, etc.)

• Including money management tools (risk control, spread/slippage control, etc.)

• Applying time management (selecting when to open or close orders, avoiding news releases, etc.)

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