• Use that account exclusively for Interactive Brokers automation
• Use your existing pickmytrade.trade account only for Tradovate
Free Trial
• Both .trade and .io platforms provide a five-day free trial
• No credit card is required for either trial
Why are my IB orders not closing even though I received the alert?
If the alert appears in PickMyTrade but the position does not close in IB, the issue is almost always on the Interactive Brokers side or within the order configuration.
• If no order appears, IB did not process the request
Step 2 — Verify Alert Status in PickMyTrade
• Open your PickMyTrade dashboard → Alert Logs
• If the alert shows Success, PickMyTrade did send the order to IB
• If the order did not execute, the failure occurred at the broker level
Common IB-Side Causes
• TWS or Pickmytrade IB app was disconnected, logged out, or timed out
• Insufficient margin or buying power
• Symbol or contract mismatch, especially for futures contracts near expiration
• API permissions not enabled under TWS settings (ActiveX/Socket Clients)
• Using an IB paper account while TWS is logged into live mode (or vice-versa)
JSON Configuration Issues
• Do not use quantity and risk_percentage together
– Pick only one method of position sizing
• Always use fresh JSON generated by PickMyTrade
– Avoid manual edits
• Ensure placeholders like {{close}}, {{quantity}}, or plot values produce numeric outputs, not strings
Summary
If PMT shows “Success,” PickMyTrade successfully forwarded the order.
From that point, any failure to close the position is caused by:
• TWS/Gateway connectivity
• IB account permissions
• Margin issues
• Symbol definition errors
• Incorrect JSON inputs
Does PickMyTrade support trailing stops for Interactive Brokers?
No. Trailing stop functionality is not currently supported for Interactive Brokers (IB) accounts on PickMyTrade.
What Is Supported for IB
• Fixed stop loss (SL) orders
• Take profit (TP) orders
• Dollar-based SL/TP
• Percentage-based SL/TP
• Risk-percentage-based position sizing
These features work normally for IB automation.
How to Use Trailing Stops if Your Strategy Requires Them
• Implement trailing-stop logic inside your TradingView Pine Script strategy
• Or manually use Interactive Brokers’ native trailing stop features directly within TWS
PickMyTrade will not generate or manage trailing stops for IB accounts.
How many IB TWS instances can I run simultaneously?
Yes. You can run multiple IB TWS instances at the same time, as long as your computer has enough system resources.
The latest PickMyTrade IB App update also allows running multiple PMT IB App instances on the same device.
Typical System Capacity
• Systems with 8 GB RAM commonly run two TWS + PMT IB App instances
• Systems with 16 GB RAM or more can run three or more instances reliably
• Actual limits depend on CPU load, background apps, and network stability
Requirements for Each Instance
• A separate port configuration in TWS
• A dedicated PickMyTrade IB App connection
• Sufficient RAM and CPU to keep both TWS and the PMT IB App running smoothly
Summary
You can run multiple IB accounts simultaneously, but each instance requires its own:
• TWS
• PickMyTrade IB App session
• Port configuration
Can I run both live and paper trading accounts in one IB app/account?
No. Live and paper trading cannot run inside a single PickMyTrade IB App instance.
Each account type requires its own completely separate setup.
What You Need Separately for Each Mode
• A separate IB TWS
• A separate PickMyTrade IB App connection
• A separate PickMyTrade subscription
Live and paper accounts cannot share the same instance or subscription.
If You Want to Trade Live and Paper at the Same Time
• You must create two separate PickMyTrade accounts
• Each account must have its own subscription
• Each account will connect to its own TWS
• Each account will run its own PickMyTrade IB App session
This allows you to test strategies on paper while simultaneously running live automation.
What are the system requirements to run PickMyTrade with Interactive Brokers?
To automate Interactive Brokers trading through PickMyTrade, you must have the correct software and system resources in place.
Required Software
• IB TWS (Trader Workstation) installed and running
• PickMyTrade IB App running on the same device or on a separate device
Both applications must remain open during trading.
System Requirements
• Minimum RAM: at least 4 GB
• Recommended RAM: 8 GB or more when running multiple TWS or PMT IB App instances
• Operating System:
– Windows
– macOS
– Linux
• Internet Connection: stable, low-latency connection required for real-time order execution
Multiple Instance Support
• The latest PickMyTrade IB App update supports multiple concurrent instances on the same device
• This allows you to manage and automate multiple IB accounts simultaneously
Rithmic
What Error Appears If I Send an Order to the Wrong Broker Connection?
If your TradingView alert JSON references a connection_name that does not match any broker you have connected, PickMyTrade will return an error.
Error Message Example
connection_name RITHMIC1 not found in user multi connections [‘PROJECTX1’]
This means your JSON is telling PickMyTrade to send the order to RITHMIC1, but the only connected broker is PROJECTX1.
Cause
• The connection_name inside your JSON does not match any connection currently active in your PickMyTrade dashboard
• Example:
– JSON contains: “connection_name”: “RITHMIC1”
– Your dashboard only has a ProjectX connection
• PickMyTrade cannot route the order because the specified connection does not exist
Solution
• Log into your PickMyTrade dashboard
• Go to Create Alert
• Select the correct broker (for example, ProjectX instead of Rithmic)
• Regenerate your alert JSON with the correct connection_name
• Replace the JSON in the TradingView alert message
• Ensure the account_id field is populated (required for ProjectX and TopStepX)
Can I Connect Multiple Rithmic Accounts Under One PickMyTrade Subscription?
Yes. You can connect unlimited Rithmic accounts under a single PickMyTrade subscription as long as they share the same Rithmic login credentials.
Scenario 1 — Same Rithmic Login (One Subscription)
• Account A uses login: “johndoe123”
• Account B uses login: “johndoe123”
• Both accounts belong to the same Rithmic username
• Cost: one PickMyTrade subscription ($50 per month)
This setup is common for prop firms where multiple evaluation or funded accounts sit under a single login.
Scenario 2 — Different Rithmic Logins (Multiple Subscriptions Required)
• Account A uses login: “johndoe123”
• Account B uses login: “janedoe456”
• Accounts belong to different Rithmic usernames
• Cost: two PickMyTrade subscriptions ($100 per month)
Each unique Rithmic login requires its own subscription because each login establishes its own API session.
Best Use Case
This structure is ideal for traders who have multiple prop firm accounts under one Rithmic credential, allowing all accounts to trade under a single subscription.
How Do I Sign Up for Rithmic Automation With PickMyTrade?
To begin using PickMyTrade with Rithmic, you must create an account on the correct platform and connect your Rithmic credentials.
Note: The $50/month fee applies per broker connection — each broker (ProjectX, Interactive Brokers, Rithmic, TradeLocker, TradeStation) requires its own separate $50 subscription.
If You Use Both Brokers
• You must create two separate PickMyTrade accounts
• You must maintain two separate subscriptions
• Each account includes a 5-day free trial
Are trailing stops available for ProjectX accounts?
Yes. ProjectX supports a built-in Auto-Trailing Stop Loss system.
This trailing stop automatically adjusts your stop-loss as price moves in your favor.
You do not need to set any trail distance — ProjectX handles it dynamically.
How Auto-Trailing Stop Loss Works
For Buy (Long) Trades
• When price moves up, the stop-loss moves up automatically to lock in unrealized profit
• When price reverses downward, the stop-loss stays at the last adjusted level
• Stops only trail upward, never downward
For Sell (Short) Trades
• When price moves down, the stop-loss moves down automatically to secure profit
• When price reverses upward, the stop-loss remains fixed at the last adjusted level
• Stops only trail downward, never upward
Important Notes
• This trailing stop is fully controlled by ProjectX
• No need to provide tick, point, or dollar trail values
• The trailing behavior activates automatically based on market movement
• PickMyTrade sends the entry; ProjectX handles the trailing stop internally
Does PickMyTrade support manual market orders from TradingView to ProjectX?
No. Manual market orders placed directly from the TradingView chart are not supported for ProjectX automation.
Why does my alert say “can not add account” for ProjectX?
This error appears when your ProjectX connection is not active in PickMyTrade. The system cannot load your ProjectX account_id, so alert creation fails.
Common Causes
• Your API key was regenerated in the TopstepX dashboard
• Your ProjectX connection expired
• Authentication failed due to incorrect credentials
• Username contains spaces or invalid characters
• Wrong username format (case-sensitive)
How to Fix
• Open PickMyTrade → Broker Connections
• Disconnect your current ProjectX connection
• Log into TopstepX → API Settings
• Generate a new API key
• Reconnect ProjectX using your TopstepX username (no spaces) and your new API key
After Reconnecting
• Refresh the Create Alert page
• Your ProjectX account should appear in the account dropdown
• Generate a fresh alert JSON
• Paste the new JSON into your TradingView alert message
How do I connect ProjectX to PickMyTrade?
PickMyTrade connects to prop-firm accounts (such as TopstepX) using the ProjectX integration. Follow the steps below to set everything up correctly.
Step 1 — Get Your API Credentials From the Prop Firm (Example: TopstepX)
• Log into your TopstepX dashboard
• Navigate to API Settings
• Generate a new API key
• Copy your TopstepX username (must not contain spaces)
• Copy your API key
Step 2 — Connect the Prop Firm Account to PickMyTrade
These are Webhook URLs, not general API endpoints.
Do NOT attach your token to the URL your token stays inside the JSON body.
Always copy the Webhook URL from the Create Alert page to avoid mistakes.
Older URLs such as “add-tv-alert” or “add-tv-alert-latest” are deprecated and will not work.
If you use the wrong URL, your TradingView alerts will never reach PickMyTrade.
How to Get Your Correct Webhook URL
Log into your PickMyTrade dashboard
Go to Create Alert
Select your broker
Generate the JSON
Copy the Webhook URL displayed at the top
Paste it into TradingView’s Webhook URL field
Can I get my trial period extended if I signed up on the weekend?
If you want a trial extension, simply contact support through live chat or email [email protected], explain your situation, and they will review and extend it when appropriate.
Common examples include situations where you were unable to test due to weekends, market closures, or connection/setup issues but the extension is always handled case-by-case through support.
How do I cancel my PickMyTrade IO subscription?
You can cancel directly from your PickMyTrade IO dashboard at any time.