Take trading with TradingView alerts to the next level with Gunbot

Pim from Gunbot
Nov 16, 2018 · 7 min read
So you got good scripts on TradingView, now what?

How does Gunbot integrate with TradingView?

TradingView alert example
This is how to configure Gunbot to listen to incoming alerts from TradingView (or any source: as long as the alert content follows the expected format, Gunbot can execute it).

Scenario 1: TradingView all the way. Just execute the alerts already

Working alert: BUY_BINANCE_BTC-ETH_0.1Abstracted: ACTION_EXCHANGE_PAIR_AMOUNT

Scenario 2: Just buy with TradingView alerts, let Gunbot sell

The buy method is irrelevant here, as it will get disabled. “tssl” is short for “trailing stop / stop loss”.
This sell order was realized using the exact sell settings described above.

Scenario 3: Buy and sell using TradingView alerts, use Gunbot to automatically average down when prices drop

Averaging down looks like this. The first arrow shows the initial buy order, the second and third arrows are Gunbot processing DCA. The result would be that the average price per unit is about as high as the rates around the second buy order. That’s a lot more realistic to profitably sell soon than without using DCA.
The buy and sell methods don’t matter a lot here, as only DCA will be used.
This leaves selling to your script at TradingView.
DCA is called “Double up” in Gunbot, shortened: “DU”.
You’re all set after adding this pair.

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AwesomeGunbot

Gunbot is an advanced trading bot for cryptocurrency exchanges. Use it to increase your trading profits, or automate parts of manual trading. Find us @ www.gunbot.com

Pim from Gunbot

Written by

Crypto trading automation nerd. Bitcoin moon soon. Website: www.gunbot.com

AwesomeGunbot

Gunbot is an advanced trading bot for cryptocurrency exchanges. Use it to increase your trading profits, or automate parts of manual trading. Find us @ www.gunbot.com