TradingView Webhook: Triggering a Trade on Binance

In this article we will see what an incoming webhook is and how to link it in order to trigger a trade on Binance or any other exchange, from a TradingView signal or alert.

Table of Contents

TradingView Webhook: Definition

A Webhook lets you send a POST request to a specific URL when an alert is triggered. This feature can be enabled when creating or editing an alert on TradingView. Add the URL given by your application, here we will use the Wall Of Traders broker which allows you to link TradingView to any exchange like Binance. TradingView will send a request as soon as an alert is triggered, with the request body containing the alert message. If the alert is activated, TradingView will send the request to the broker Wall Of Traders who will automatically create a trade on Binance.

TradingView Webhook: How to use a Webhook with TradingView?

To get started, go to Wall Of Traders in the Smart Trading tab.

You will first need to create your trade, then click on “ Signal Trading View “:

Then Copy “ The webhook URL ” and the “Message”. Finalize the creation of your trade. It will be triggered as soon as the TradingView signal or alert is triggered. Let’s see how to create an alert on TradingView.

Now go directly to TradingView and click on “ Product “, then “ Graph+ “.

You are now in front of the graph, at the top of the page, click on “ Alert “.

The alert interface should appear.

Now click on “ Webhook “, then paste “ Webhook URL ” previously copied on Wall Of Traders as well as the “Message” in the Message field.

Your Webhook is now configured! Note that it is not necessary to keep your browser open to receive the alerts, you can go about your business and we will take care of the rest! As soon as the TradingView alert is triggered, the trade will be activated on Wall Of Traders and automatically sent to the exchange you have selected, for example Binance.

Why use Wall Of Traders?

In addition to being free, the Wall Of Traders platform is powerful and intuitive. Smart Trading and Copy Trading are the two main axes of the tool. Also, setting up the account is very easy and fast. Wall Of Traders is for any type of profile, whether you are a beginner in crypto or confirmed.

Thanks to the Wall of Traders tool you will be able to:

Set Stop Losses
Add multiple Take Profits to secure your winnings
Define Trigger Thresholds to, for example, open trades at specific times in the event of resistance or support.
Ability to add Trailing to Take Profit or Stop Loss
Add a Timer to automatically sell or cancel transactions
With a single click, Modify, Cancel or Panic Sell the sales offers
Display the Reward/Risk ratio or the Profit/Loss ratio
Receive Telegram notifications for each Stop Loss, Take Profit or Entry made
Create a trading bot to manage your transactions
Automatically copy top crypto traders
Create your trading groups for your friends or followers to enjoy

Conclusion

In conclusion, the TradingView Webhook feature provides a powerful tool for automating trading activities. By utilizing the webhook functionality, traders can seamlessly connect their TradingView alerts to their Binance account or any other exchange. This allows them to trigger trades based on specific conditions defined in their own strategies.

With the ability to set stop loss and take profit levels, traders can effectively manage risk and secure their winnings. The webhook integration also enables the inclusion of limit orders and the utilization of various order types, such as market orders or stop orders, depending on individual preferences.

Furthermore, the TradingView Webhook allows traders to receive real-time alert messages, providing timely notifications when certain market conditions are met. These alerts can be customized to suit specific trading strategies and can be seamlessly integrated with the Wall Of Traders platform, which offers additional features such as automated trading, trading groups, and the ability to copy top crypto traders.

To utilize the TradingView Webhook feature, traders need to generate API keys from their Binance account and obtain the webhook URL from the Wall Of Traders broker. Once the webhook is configured and the trading strategy is set, traders can sit back and let the automated trading system execute trades based on the tradingview alerts triggered.

In summary, the TradingView Webhook feature, in conjunction with Binance’s spot market, empowers traders to efficiently place both long and short orders, adapt their trading strategies to the current market price, and dynamically adjust stop loss levels. With the flexibility and automation provided by the TradingView Webhook, traders can take full advantage of the opportunities presented in the crypto market while effectively managing their risk and maximizing their profits.

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