Frequently Asked Questions

Everything you need to know about automating TradingView with NinjaTrader, Tradovate, and other trading platforms using PickMyTrade.

Getting Started & Setup

How do I connect TradingView to my trading platform?

Connecting TradingView to platforms like Tradovate, NinjaTrader, or Interactive Brokers requires a webhook automation service. Several solutions are available:

  • Create your strategy or indicator alerts in TradingView
  • Configure webhook URLs in your alert settings (available on TradingView paid plans)
  • Connect your broker account through an automation service
  • Orders execute automatically when alerts trigger

The entire setup typically takes less than 10 minutes, with no coding required. Popular automation platforms include PickMyTrade, TradersPost, and others that specialize in webhook-based trade execution.

Do I need a paid TradingView account for automation?

Yes, webhook alerts are only available on TradingView's paid plans (Pro, Pro+, or Premium). Webhooks are essential for sending trade signals from TradingView to your broker in real-time.

While the free TradingView account offers excellent charting, you'll need a paid subscription to unlock automation capabilities. The investment typically pays for itself quickly through time saved and improved execution speed.

How long does it take to set up automated trading?

With modern automation platforms, most traders complete their setup in 5-15 minutes:

  • Account connection: 2-3 minutes to link your broker
  • Webhook configuration: 3-5 minutes to set up TradingView alerts
  • Testing: 5-10 minutes to verify with paper trading

Most reputable automation services provide step-by-step guides and support to ensure a smooth setup process, even if you're new to automation.

Can I test automation before trading with real money?

Absolutely! Testing with paper trading (simulated) accounts first is strongly recommended. Most platforms including Tradovate and NinjaTrader offer demo accounts that work seamlessly with automation services.

Test your strategies thoroughly in simulation mode to verify order execution, position sizing, and risk management before deploying real capital. This helps you build confidence and identify any adjustments needed. Services like PickMyTrade support both live and demo account connections for this purpose.

NinjaTrader Automation

Why is NinjaTrader running slow or lagging?

NinjaTrader performance issues often stem from several common causes:

  • Complex workspaces: Multiple charts with heavy indicators consume significant resources
  • Corrupted scripts: Faulty custom indicators or strategies can cause freezing
  • Insufficient system resources: RAM and CPU limitations during high-volume periods
  • Data feed issues: Connection problems with your data provider

To optimize performance, simplify your workspace, remove unused indicators, ensure your system meets NinjaTrader's requirements, and consider using a cloud-based automation solution that doesn't rely on your local machine.

How do I automate TradingView alerts to NinjaTrader?

Automating TradingView to NinjaTrader requires a bridge service since they don't connect natively. PickMyTrade provides this connection:

  • Set up webhook alerts in TradingView with your strategy signals
  • Connect your NinjaTrader account via API credentials
  • Configure order parameters (size, stops, targets)
  • Orders execute in NinjaTrader within milliseconds of alert triggers

This allows you to leverage TradingView's superior charting with NinjaTrader's execution capabilities, combining the best of both platforms.

Can I backtest my automated NinjaTrader strategies?

Yes! NinjaTrader offers robust backtesting capabilities using NinjaScript and C# programming. You can thoroughly test automated strategies using historical data before deploying them live.

For TradingView-based strategies, you'll backtest within TradingView first, then use automation services to execute those proven signals in NinjaTrader. This workflow combines TradingView's user-friendly strategy tester with NinjaTrader's execution engine.

What causes NinjaTrader connection issues?

Connection problems in NinjaTrader typically relate to:

  • Data provider outages: Issues with Kinetick, Rithmic, or other data feeds
  • Firewall/antivirus blocking: Security software interfering with connections
  • Expired credentials: API tokens or login credentials need renewal
  • Network instability: Internet connection drops or high latency

Using a cloud-based automation solution eliminates many of these issues by maintaining stable connections on enterprise-grade infrastructure.

Tradovate Automation

How do I connect TradingView directly to Tradovate?

Tradovate offers native TradingView integration plus enhanced automation through third-party services:

Native Integration:

  • Log into Tradovate and enable TradingView under the Add-ons tab
  • Requires Tradovate "Add-on Tools" subscription
  • Allows manual trading from TradingView charts

Full Automation via PickMyTrade:

  • Webhook-based automation for hands-free trading
  • Advanced order types and risk management
  • Multi-account trade copying
  • 24/7 cloud execution
What is Tradovate's Group Trading feature?

Tradovate's Group Trading is a built-in trade copier that replicates trades across multiple accounts within the same Tradovate login. It's useful for managing family accounts or client portfolios.

However, PickMyTrade's Trade Copier offers enhanced capabilities:

  • Copy across different Tradovate logins using API tokens
  • Custom quantity multipliers per account
  • Integration with TradingView automation
  • Detailed execution logs and reporting
  • Works with manual TradingView trades
Why won't my Tradovate live market data activate?

Live market data requires completing the Non-Professional Agreement and exchange data agreements within Tradovate. After signing:

  • Activation typically takes 10-90 minutes depending on demand
  • Ensure all required documents are completed (not just opened)
  • Check that your subscription includes live data access
  • Contact Tradovate support if delays exceed 2 hours

While waiting, you can set up your automation workflows using demo accounts to be ready when live data activates.

Can I automate bracket orders with Tradovate?

Yes! Bracket orders (entry with automatic stop-loss and take-profit) are fully supported through PickMyTrade automation. When your TradingView alert triggers:

  • Entry order executes at market or limit price
  • Stop-loss automatically placed based on your parameters
  • Take-profit target set simultaneously
  • OCO (One-Cancels-Other) logic applies automatically

This ensures every trade has predefined risk management without manual intervention.

What happens to my Tradovate positions at contract expiration?

Tradovate automatically expires futures contracts at 9:30 AM ET on expiration day. Any open positions remain active until market close on that day. To avoid forced liquidation:

  • Roll positions to the next contract before expiration
  • Set up alerts for expiration dates
  • Close positions manually if not rolling
  • Configure your automation system to avoid placing new trades in expiring contracts

Trade Copier & Multi-Account Management

How does trade copying work across multiple accounts?

PickMyTrade's Trade Copier mirrors trades from a master account to multiple sub-accounts in real-time:

  • Master account: Your primary trading account where you (or TradingView) place orders
  • Sub-accounts: Linked accounts that automatically receive the same trades
  • Custom multipliers: Scale position sizes per account (e.g., master trades 1 contract, sub-account A trades 2x, sub-account B trades 0.5x)
  • All order types supported: Market, limit, stop, TP/SL modifications, and closures

Perfect for fund managers, family offices, or traders managing multiple strategies across accounts.

Can I copy trades across different brokers?

Currently, PickMyTrade's Trade Copier works within the same broker ecosystem (e.g., multiple Tradovate accounts). However, you can achieve cross-broker copying by:

  • Using TradingView alerts as the master signal source
  • Connecting multiple broker accounts to PickMyTrade
  • Each broker account receives the same TradingView signals independently

This method provides flexibility to execute the same strategy across Interactive Brokers, Tradovate, NinjaTrader, and other supported platforms simultaneously.

What are quantity multipliers and how do I use them?

Quantity multipliers allow you to scale position sizes proportionally across accounts. For example:

  • Master account: Trades 1 ES contract (1x multiplier)
  • Sub-account A: 2x multiplier = trades 2 ES contracts
  • Sub-account B: 0.5x multiplier = trades 1 contract every 2 signals
  • Sub-account C: 3x multiplier = trades 3 ES contracts

This is ideal for managing accounts with different risk tolerances or capital sizes while maintaining the same strategy. Configure multipliers easily in your PickMyTrade dashboard.

Can I selectively copy only certain trades?

Yes! PickMyTrade offers filtering options to control which trades get copied:

  • Filter by instrument/symbol (e.g., only copy ES trades, not NQ)
  • Set time-based rules (trade only during specific sessions)
  • Apply position size limits per account
  • Pause/resume copying for individual sub-accounts

This granular control ensures each account trades according to its specific requirements and risk parameters.

Technical & Performance

How fast are trade executions with automation?

PickMyTrade processes webhook alerts in approximately 30 milliseconds on average, with orders reaching your broker within 100-300ms total latency depending on broker API response times.

Execution speed depends on several factors:

  • TradingView alert delivery (typically instant)
  • Webhook processing time (30ms average)
  • Broker API response time (varies by broker)
  • Market conditions and order type

Our cloud infrastructure ensures consistent, low-latency execution 24/7, far faster than manual order entry.

What happens if my internet goes down?

With cloud-based automation, your internet connection doesn't affect trade execution. The workflow is:

  • TradingView alerts sent directly to PickMyTrade's cloud servers
  • Orders processed and sent to your broker from our infrastructure
  • Your local machine/internet connection is not required

Even if your computer is off or internet disconnected, your strategies continue executing. You can monitor positions from any device with internet access.

Do I need a VPS for automated trading?

No! Unlike desktop-based solutions that require running software 24/7 (necessitating a VPS), PickMyTrade is fully cloud-based. There's no software to install or keep running.

Benefits of our cloud architecture:

  • No VPS costs (typically $50-200/month saved)
  • No installation or maintenance required
  • Enterprise-grade uptime and redundancy
  • Access from any device, anywhere
How reliable is webhook-based automation?

Webhook automation is highly reliable when using professional infrastructure. PickMyTrade processes over 100,000 webhook alerts daily with 99.9%+ uptime.

Reliability factors:

  • Redundant systems: Multiple servers ensure continuous operation
  • Error handling: Automatic retry logic for temporary failures
  • Monitoring: Real-time alerts for any issues
  • Logging: Complete audit trail of all trades

Your trades are in safe hands with enterprise-level infrastructure designed specifically for trading automation.

Can I see a history of all automated trades?

Yes! PickMyTrade provides comprehensive trade logging:

  • Trade ID & timestamps: Exact time of alert and execution
  • Account-level logs: See which accounts executed which trades
  • Success/failure status: Identify any rejected orders immediately
  • Entry, stop, and target IDs: Track complete order lifecycle
  • Export capability: Download logs for record-keeping or analysis

Full transparency ensures you always know exactly what your automation system is doing.

Platform Comparison & Selection

NinjaTrader vs Tradovate: Which is better for automation?

Both platforms excel at futures trading but cater to different needs:

Choose NinjaTrader if:

  • You need advanced algorithmic trading with NinjaScript (C#)
  • Robust backtesting is a priority
  • You prefer desktop-based software with deep customization
  • Complex indicators and analysis tools are essential

Choose Tradovate if:

  • You want a cloud-based, browser-accessible platform
  • Cost-effectiveness matters (commission-free options available)
  • You prefer simplicity and modern UI
  • Mobile trading is important

With PickMyTrade, you get powerful automation regardless of platform choice, leveraging TradingView's analysis with either broker's execution.

Can I use TradingView instead of NinjaTrader for charting?

Absolutely! Many traders prefer TradingView's intuitive interface and vast indicator library over NinjaTrader's charting. PickMyTrade automation lets you:

  • Chart and analyze in TradingView
  • Execute through NinjaTrader, Tradovate, or other brokers
  • Combine TradingView's social features with your broker's execution
  • Access TradingView's 100,000+ community indicators

This "best of both worlds" approach is increasingly popular among professional traders.

What brokers does PickMyTrade support?

PickMyTrade supports all major trading platforms:

  • Tradovate: Futures trading with cloud-based platform
  • Interactive Brokers: Stocks, options, futures, and more
  • Rithmic: Professional futures execution
  • TradeStation: Multi-asset trading and analysis
  • TradeLocker: Forex and CFD trading
  • ProjectX: Futures and options

Connect multiple accounts across different brokers to diversify execution or manage various asset classes from a single automation hub.

Pricing & Getting Started

Is there a free trial available?

Yes! PickMyTrade offers a 5-day free trial with full platform access:

  • No credit card required to start your trial
  • Unlimited trades during the trial period
  • All features unlocked including trade copier and multi-account support
  • 24/7 support to help you get set up

Test your strategies thoroughly with paper trading before committing to a subscription.

Do you offer support for setting up automation?

Yes! We provide comprehensive support to ensure your success:

  • 24/7 live chat support for technical assistance
  • Step-by-step setup guides for all supported brokers
  • Video tutorials covering common workflows
  • Discord community with experienced traders
  • Email support at [email protected]

Whether you're new to automation or an experienced algorithmic trader, our team ensures you're up and running quickly.

What is the pricing structure?

PickMyTrade offers transparent, scalable pricing:

  • 5-day free trial: Full access, no credit card required
  • Unlimited trades: No per-trade fees or hidden costs
  • Multiple accounts: Manage several broker connections
  • All features included: Trade copier, webhooks, logging, and support

Visit PickMyTrade's pricing page for current subscription options. Most traders find the service pays for itself within days through improved execution and time savings.

Need Help with Your Setup?

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