---
title: Automating TradingView Strategies for Interactive Brokers (IB)
slug: automating-tradingview-strategies-interactive-brokers
date: 2025-03-24
modified: 2026-08-11
author: PickMyTrade Team
excerpt: ""
meta_description: "Learn how to automate TradingView strategies for Interactive Brokers (IB) with custom stop loss, take profit, and multi-account trade setup."
focus_keyword: automating TradingView strategies for Interactive Brokers
canonical_url: "https://docs.pickmytrade.io/docs/automating-tradingview-strategies-interactive-brokers/"
og_title: Automating TradingView Strategies for Interactive Brokers (IB)
og_description: "Learn how to automate TradingView strategies for Interactive Brokers (IB) with custom stop loss, take profit, and multi-account trade setup."
og_image: ""
schema_type: WebPage
categories: []
tags: []
reading_time: 3
word_count: 784
robots: "index, follow"
lang: en-US
---

# Automating TradingView Strategies for Futures & Stocks in Interactive Brokers (IB)

**Last Updated:** August 11, 2026  |  **Published:** March 24, 2025

## **1. Introduction to Automating TradingView Strategies for Interactive Brokers**

This guide explains **automating TradingView strategies for Interactive Brokers (IB)**, covering setup for futures and stocks, symbol mapping, and order handling.

By integrating **IB** with **TradingView**, traders can execute strategy-based trades automatically based on predefined conditions. This setup ensures efficient trade execution while allowing for customization in exit handling, account selection, and stop loss/take profit management.

For a visual walkthrough, refer to the accompanying video:

## **2**. **Available Brokers in PickMyTrade** {#3-toc-title}

### **Steps** {#4-toc-title}

- Select **Interactive Brokers (IB)** from the available options.

![](https://docs.pickmytrade.io/wp-content/uploads/2025/03/image-68-1024x352.avif)

## **3. TradingView Alert Configuration for IB Automation** {#5-toc-title}

### **Alert Type Options** {#6-toc-title}

| Alert Type | Description |
| --- | --- |
| INDICATOR | Alerts based on technical indicators (e.g., RSI, Moving Averages). |
| STRATEGY | Alerts based on predefined trading strategies in TradingView. |

We have selected **STRATEGY **as our preferred alert type.

![](https://docs.pickmytrade.io/wp-content/uploads/2025/03/image-69-1024x353.avif)

## **4. Choose the Right Instrument Type** {#7-toc-title}

Choose **Futures**from the available choices: Futures, Futures Options, Options, Stocks.

![](https://docs.pickmytrade.io/wp-content/uploads/2025/03/image-70-1024x280.avif)

## **5.  Enter Symbol for Automating TradingView Strategies in IB**

Specify the trading asset (e.g., **NQM6, ES**) in **Interactive Brokers (IB)**. This field is required for calculations involving **Stop Loss based on ticks or total loss methods**.

#### **Important Considerations:**

- **If the symbol does not exist or is incorrectly mapped:** You must configure it in **IB** before trades can execute on that symbol.
- **Trading a different symbol from the alert:** IB allows flexibility. For example:
  - If your **TradingView** chart uses **NQ** for the alert but you want to trade **MNQ**, enter **MNQ** in the IB symbol field.
- **No symbol entered:** If left blank, **IB defaults to the symbol** from the TradingView alert.

For more on IB’s supported symbols, visit [Interactive Brokers Product Listings](https://www.interactivebrokers.com/en/trading/products-exchanges.php#/)

---

## **6.  Strategy Type and Exit Logic**

Determine how exits will be handled in your strategy:

![](https://docs.pickmytrade.io/wp-content/uploads/2025/03/image-71-1024x402.avif)

### Option 1: No SL/TP (Strategy Controlled Exits) {#3-toc-title}

- Select this if your TradingView strategy fully manages entries and exits
- PickMyTrade will NOT place any Stop Loss or Take Profit orders
- All exits will be executed only when TradingView sends exit alerts

**Use this when:**  
Your strategy already includes complete exit logic

---

### Option 2: Attach SL/TP to Orders {#4-toc-title}

- Select this if your strategy does NOT handle exits
- PickMyTrade will place Stop Loss (SL) and Take Profit (TP) with each entry

**Features:**

- Choose SL/TP type (percentage, price, Total Profit/Loss, etc.)
- Only **one SL and one TP per order** is supported

**Use this when:**  
You want simple, fixed risk management handled by PickMyTrade

→ **Stop Loss / Take Profit / BreakEven Type:**  
(Refer to the table in the **“Select TradingView Indicator”** section for a detailed explanation of each option.) [Click here.](https://docs.pickmytrade.io/docs/user-guide-automating-futures-trading-with-interactive-brokers/#19-toc-title)

---

### Option 3: Multiple Exits (TP1, TP2, etc.) {#5-toc-title}

- Select this if your TradingView strategy uses multiple take-profit levels
- PickMyTrade will NOT require SL/TP configuration
- All exits will be executed based on TradingView alerts

**Note:**  
When using multiple exits, SL/TP cannot be attached to the entry order (Platform limitation: one SL + one TP per order)

**Use this when:**  
Your strategy scales out of positions (partial exits)

---

## **7.  Interactive Brokers Account Selection & Setup**

Would you like to **add multiple accounts** or select a **specific account** for trade execution?

![](https://docs.pickmytrade.io/wp-content/uploads/2025/03/image-72.avif)

### **A. Add an IB Subaccount Under an Existing PickMyTrade Login**

If you have multiple IB accounts linked under a single IB login, you can allocate trades to them using quantity multipliers.

- **PickMyTrade Connection Name:** Choose the IB account where you want to execute trades.
- **Quantity Multiplier:** Adjusts the number of contracts proportionally for each account.

#### **Example:**

If you have two IB subaccounts:

- **IB_Account_1 (Primary)** → Multiplier: 1.5 (Executes 1.5 times the default contract size)
- **IB_Account_2 (Secondary)** → Multiplier: 1.0 (Executes the standard contract size)

This setup ensures proportional trade execution across multiple subaccounts.

---

### **B. Add a Separate IB Account Under Another PickMyTrade Login**

For traders managing multiple IB accounts under different PickMyTrade logins, you can link each account individually using a unique authentication token.

- **PickMyTrade Token:** Enter the token associated with the IB account you want to add.
- **PickMyTrade Connection Name:** Enter the exact connection name as displayed in your PickMyTrade account.
- **Quantity Multiplier:** Defines how much the contract size should be adjusted for this account.

#### **Example:**

If you have two separate IB accounts under different PickMyTrade logins:

- **IB_Account_3 (Second IB Account)** → Multiplier: 2.0
- **IB_Account_4 (Primary IB Account)** → Multiplier: 1.5

In this scenario, trades in the second IB account execute at 2x the default size, while the primary account follows a 1.5x multiplier, ensuring proportional exposure across both accounts.

## 8. Generate the Automation Alert

Once all accounts are added and configured, click **Confirm & Generate Alert** button.

![](https://docs.pickmytrade.io/wp-content/uploads/2025/03/image-73.avif)

Next, follow the link below to learn how to set up your TradingView alert for automated trading:

**[Setting Up TradingView Alerts for Automated Trading](https://docs.pickmytrade.io/docs/setting-up-tradingview-alerts-for-automated-trading-with-rithmic/)**

[Get PickMyTrade → Automate Your TradingView Strategies](https://pickmytrade.io "PickMyTrade - Automated Trading")

Last updated: **August 11, 2026**

For AI tools & developers:[View Markdown →](https://docs.pickmytrade.io/docs/automating-tradingview-strategies-interactive-brokers.md)