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Tradingview Webhooks

The supplied webhook URL may be used in your TradingView alert after you have set up TrailingCrypto. As soon as the alert is set off, a request is sent to the TrailingCryptowebhook, which then executes the trade by the preset strategy subscription.

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Tradingview Webhooks

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  1. Why Trading View Webhook is a Powerful Tool for Trade Automation?

  2. Crypto trading is quite a challenging game as it’s unpredictable. As the crypto market is volatile and prices of cryptocurrencies fluctuate within minutes, the traders need the right strategy and automated tools to take full control of their trades. Crypto trading bots and trading signals play an important role to help traders execute their trades smartly. For traders looking to set the strategy on their own can include notification alerts in their strategies. However, one can’t execute trades consistently in the required time frame. And, this is why trading webhooks came into existence. No matter if you are a beginner or an expert trader; the webhook can execute your trades automatically on almost every trading platform.

  3. let’s understand what is webhook? When it comes to crypto trading, one can make use of Tradingview which is a charting platform allowing its traders to pull up any crypto chart and draw technical indicators or lines instantly. The platform has a robust API which will enable you to subscribe to the trade alerts from your account. TradingView Webhook is an extension to this platform’s API and is designed to take those signals generated by TradingView charts explicitly and then execute the trade on the behalf of traders. The best crypto trading platform offers signal automation methods to the traders where they firstly create a signal template, configure trigger as webhook, and then send data to webhook URL from the apps like Tradingview. So, webhooks are the automated messages sent from the apps like TradingView when something happens. They have a message which is sent to a unique URL. These are quite faster than anything and require very less work or efforts on the trader’s end. These are like SMS notifications.

  4. Why should one use a webhook? Traders can automate their positions with the TradingView alerts by building a webhook trading bot using a third-party crypto trading platform. Once their chosen indicators trigger any kind of alert, the trading bot built using the third-party trading platform will execute the trade automatically on your behalf. The creation of this webhook trading bot ensures a seamless experience for traders by saving their time and money. There are numerous reasons for choosing the webhook services from TradingView, but usually it is used by those traders who want to automate their trades. Whenever you are busy and have no time to watch the market trends or charts, using Tradingview webhooks is the best option.

  5. Conclusion TradingView Webhook is the most popular and powerful automation tool which can execute your trading strategy automatically on the exchange popular. With just one API, the traders can automate all their trading decisions. Using Webhook, the traders can integrate custom signals on a third party trading platform like TrailingCrypto.

  6. Thank You

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