How to automate order placement of TradingView strategy [video] [sample script]

In this video tutorial we will demonstrate how to automate order execution of your TradingView strategy using our trading bridge. It will walkthrough the following items:

  1. Creating a webhook
  2. Generating JSON data for webhook
  3. Configuring TradingView strategy script and setting up webhook alert
  4. Live demo of strategy’s automated order execution using broker API integration

Following is the sample Pine script used in the demo for creating TradingView strategy:

// This source code is subject to the terms of use at 'Algo Trading Bridge', India. Kindly refer License Terms at https://algotradingbridge.in
// © Algo Trading Bridge, India
//@version=5

strategy('Moving Average Crossover Strategy', overlay=true, pyramiding=1, shorttitle='Moving Average Crossover Trading System')

//Objective of the Script
// 1. Trigger trade entries at Crossover of Shorter and Longer Moving Average
// 2. Strategy Orders are passed through 'comment' [le | se | sxle | lxse] to Algo Trading Bridge, India
// 3. Sample Alert Message:- {"alert_time": {{timenow}}","strategy_name": "Moving Average Crossover Trading System","exchange": "NSE","symbol": "NIFTY22JANFUT","quantity": 50,"type": "market","transaction": "{{strategy.order.comment}}","product": "margin","validity": "day"}
// 4. Sample Alert Message (LiquidBees):- {"alert_time": "{{timenow}}","strategy_name": "Live_Demo_Script","exchange": "NSE","symbol": "LIQUIDBEES-EQ","transaction": "{{strategy.order.comment}}","type": "market","quantity": 1,"product": "cnc","validity": "day"}

//Shorter Moving Average
short_MA_length     = input.int(21, title='Shorter MA Length')
short_MA            = ta.sma(close, short_MA_length)

//Longer Moving Average
long_MA_length      = input.int(89, title='Longer  MA Length')
long_MA             = ta.sma(close, long_MA_length)

//Plotting Moving Averages
plot(short_MA, title='Short MA', linewidth=1, color=color.new(color.orange, 10))
plot(long_MA,  title='Long MA',  linewidth=1, color=color.new(color.navy, 10))

//System's Trading Logic
long_Condition      = ta.crossover(short_MA, long_MA)
short_Condition     = ta.crossunder(short_MA, long_MA)

//Strategy Orders submission to Algo Trading Bridge, India
//Long Entry (LE) - Creating a Long Position without having any prior positions
if long_Condition and strategy.position_size == 0
    strategy.entry('L', strategy.long, comment='le',    qty=1)

//Short Entry (SE) - Creating a Short Position without having any prior positions
if short_Condition and strategy.position_size == 0
    strategy.entry('S', strategy.short, comment='se',   qty=1)

//Reverse Short Position (SXLE) - Exit open Short Position and create a new Long Position
if long_Condition and strategy.position_size != 0
    strategy.entry('L', strategy.long, comment='sxle',  qty=1)

//Reverse Long Position (LXSE) - Exit open Long Position and create a new Short Position
if short_Condition and strategy.position_size != 0
    strategy.entry('S', strategy.short, comment='lxse', qty=1)