How to Create a TradingView (PineScript) Trading Robot

In practice, a trading robot on TradingView operates as part of a distributed system, as briefly outlined in this tutorial...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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RSI Precision+ indicator (RSI Alternative)

RSI PRECISION+ (FREE)INDICATOR: RSI PRECISION+ (FREE ON TRADINGVIEW)

The RSI Precision+ is an enhanced version of the free “RSI Precision” indicator available on TradingView. This new indicator combines essential trading signals with those provided by RSI Precision. It includes three categories of built-in trading signals.

  • RSI Crossovers/Crossunders (▲▼)
  • MACD Crossovers (•)
  • SMA Death/Golden Crosses (x)

 

Introduction to RSI PRECISION+

The new indicator “RSI PRECISION” is an alternative to the popular oscillator, the Relative Strength Index (RSI). It combines RSI readings with price momentum to provide more precise signals on longer timeframes. Additionally, it includes a range of built-in trading signals. RSI Precision is especially useful for analyzing volatile assets like technology stocks and cryptocurrencies, where the classic RSI often lacks accuracy on longer timeframes.

■ RSI PRECISION+: Use it here for free on TradingView:

» https://www.tradingview.com/script/kBpWBCXU-RSI-PRECISION-MACD-SMA-Signals/

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PineScript Coding Tutorial

PineScript Tutorial

PineScript from TradingView is a simple programming language specially designed for traders. It can be used to build indicators or fully automated trading strategies. This tutorial focuses exclusively on coding indicators.

Pine can be used for building indicators or fully-automated trading strategies. This tutorial exclusively focuses on coding indicators...

 

Introduction to Script-Building

A script can represent either simple research (Study) or an automated system (Strategy). Both Studies and Strategies include functions and variables. At the beginning of each script, there is a statement declaring the PineScript version, the script’s name, and whether it is a Study or a Strategy. 

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