PickMyTrade

Automating TradingView Strategy Alerts in Bybit Using PickMyTrade

2 min read

This guide walks you through automating TradingView strategy alerts on Bybit using PickMyTrade.
Before you begin, make sure your Bybit account is connected to PickMyTrade (refer to the connection setup guide).
Follow each step carefully to ensure your TradingView strategy signals execute as real trades in your Bybit account.

1. Choose a TradingView Strategy to Automate in Bybit #

In PickMyTrade, select BYBIT as the broker. and if you plan to automate your TradingView strategy setup, choose Strategy in the dropdown menu.

2. Configure Symbol for Strategy Execution in Bybit #

Enter the TradingView symbol you want to trade and select one from dropdown list

Example:
BTC/USDT → enter BTC/USDT

Specifying the asset (symbol) is optional, but required if your SL/TP depends on tick size or price value.

If no symbol is entered, PickMyTrade will automatically use the symbol from your TradingView alert.

Important:
If the symbol is not mapped correctly, you must configure it in PickMyTrade first. Otherwise, trades will not execute.

3. Managing Exit Rules in Automated Bybit Strategies #

Determine how exits will be handled in your strategy:

Option 1: No SL/TP (Strategy Controlled Exits) #

  • 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 #

  • 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

Option 3: Multiple Exits (TP1, TP2, etc.) #

  • 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 (Bybit limitation: one SL + one TP per order)

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

4. Assign Bybit Accounts for Strategy Execution #

PickMyTrade allows automation across one or multiple Bybit accounts.

4.1 Add Bybit Account in Current PickMyTrade Login #

FieldExampleExplanation
PickMyTrade Conn. NameBYBIT1Your Bybit connection
Qty Multiplier1Multiplies your order size

Example:
Default order = 0.01 BTC
Multiplier = 2 → Order = 0.02 BTC

4.2 Add Bybit Account From Another PickMyTrade Login #

Used when executing trades in another account.

FieldExampleExplanation
PickMyTrade Tokenabcd1234xyzToken from target account
Connection NameBYBIT1Must match exactly
Qty Multiplier1Same usage

Ensure:

  • Token is correct
  • Bybit connection is configured properly
    Otherwise, execution will fail.

4.3 Generate Alert Code for Strategy Execution

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

5. Generate Bybit Automation Alert in PickMyTrade #

After completing setup, click Generate Alert

PickMyTrade will provide:

  • JSON message
  • Webhook URL

5.1 Copy JSON Code #

Click “Copy the following code…”


Paste it into the TradingView alert message box.

6. Create TradingView Alert for Bybit Automation #

6.1 Open Strategy Alert Menu #

  • Hover over strategy name
  • Click three dots
  • Select “Add alert on Strategy”

6.2 Configure Alert Settings #

  • Symbol: BTCUSDT (or your pair)
  • Condition: Your strategy
  • Interval: Your timeframe

6.3 Clear Message Box #

Delete all default text

6.4 Paste JSON #

Paste the exact JSON generated by PickMyTrade

Includes:

  • Order direction
  • Quantity
  • Price
  • Token
  • Platform (BYBIT)

6.5 Add Webhook URL #

Paste your PickMyTrade webhook URL
Ensure webhook is enabled

6.6 Create Alert #

Click Create

Your automation is now live.

7. Verify Bybit Automation #

7.1 TradingView Alerts Panel #

  • Alert should show Active

7.2 TradingView Logs #

Check for:

  • Trigger time
  • JSON payload

7.3 PickMyTrade Alerts Page #

Inside PickMyTrade → Alerts:

You will see:

Order type

Trigger time

Symbol

Buy/Sell direction

Order status

What are your feelings

  • Happy
  • Normal
  • Sad
Table Of Contents