Trading directly from the TradingView chart with Capitalise.ai

Trade from the chart

Disclaimer

The examples presented in this article are only to be regarded as a technical demonstration when used with the trading system. Accordingly, these examples should not in any way be construed as a recommendation for any type of trading strategy and they do not constitute any form of advice as to the advisability of investing by the use of any trading strategy. Any Investor who uses a trading strategy must build a trading strategy on the basis of independent testing and according to their specific requirements and needs.

Watch and learn how to send trades directly from the TradingView Chart to your Capitalise.ai automated strategies. Simulate risk-free, or send trading orders directly to your trading account.

Perhaps the first thing we learn in geometry class is that things are much clearer when written or drawn on paper. Having a vision of a winning strategy is nice, but why not put it on a chart? And why not trigger strategies DIRECTLY from the chart, while it is updating with real-live data? Now it’s possible and as simple as can be, with Capitalise.ai and TradingView Alerts. Capitalise your chart!

So what are we talking about here?

One of the simplest orders out there is (for example) “Buy 10 NVDA when crossing above 100”.

Another simple order is closing that position; “Sell 10 NVDA when crossing above 120”.

Now, these two positions can be drawn on a chart to create a visual representation of the strategy and related positions. Each line can be the basis for an alert that triggers your automated trading strategies, using the TV Webhook feature.  The chart can contain (potentially) infinite lines, representing positions across different strategies and assets.

 

Why trade from the chart?

There are three main advantages here:

  1. Accuracy and efficiency:
    When sending your trades manually you can often miss the opportunity by the time you send your order. When automating your trades via the chart, your order triggers as soon as the line is crossed.
  2. Visualize your trade with real-time data:
    Allowing you to (literally!) watch the asset’s performance and see how it affects your positions and automated trading strategies.
  3. Manual triggering:
    The third BIG piece of news here is the ability to trigger automated strategies manually. One of TradingView’s greatest features is the automatic update of alerts when parameters are manually dragged across the chart. That means that after you create an alert, it can be easily changed on the chart and the strategy will correspond with it, with no need to re-configure the alert setting. That’s right – you can manually trigger orders, on the chart, while feeding real-live data. Straight from traders’ paradise!

 

Trigger multiple strategies using the same alert

As mentioned in the previous article about TradingView Alerts, TradingView is blind to the source of the webhook link. This means that numerous strategies can be triggered by the same alert. As for this article’s subject, traders can set an alert on a chart that will trigger multiple strategies, automatically and manually! One implication, for example, is closing several strategies with one drag of a line on the chart.

 

Try it

Start with some simulations just for the fun of it (;

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