Introduction #
This guide walks you through how to automate your TradingView strategy-based alerts for TradeLocker using PickMyTrade. Follow each step to ensure your alerts translate into live trades accurately within your TradeLocker account.
1. Select Your Strategy #
Choose a TradingView strategy (not just an indicator) that generates automatic buy and sell signals.
2. Enter Trading Symbol #
Specify the symbol of the instrument you want to trade in TradeLocker (e.g., BTCUSD).
2.1 Required for Specific Stop Loss Types #
This is mandatory if you plan to use stop-loss types like Ticks or Total Profit/Loss.
2.2 Symbol Mapping #
If your chosen symbol isn’t executing properly:
➔ Make sure it’s added and mapped correctly in PickMyTrade.
2.3 Using Different Symbols for Alerts and Execution #
You can generate an alert from one symbol but execute the trade on another.
Example:
- TradingView alert uses BTCUSD
- TradeLocker execution uses ETHUSD
➔ In PickMyTrade, enter ETHUSD in the symbol field.
2.4 What If No Symbol is Entered? #
If left blank, PickMyTrade will default to the TradingView chart symbol used in your alert.
3. Confirm Exit Handling #
3.1 Multiple Exits (TP1, TP2)? #
YES: If your strategy includes multiple take-profits (TP1, TP2, etc.), automation is supported.
Note: You cannot attach TP/SL directly to the entry order in this case.
NO: If your strategy does not handle exits automatically, you must manually configure Stop Loss and Take Profit settings in PickMyTrade.
3.2 Stop Loss and Take Profit Configuration #
Would you like to place Stop Loss and Take Profit orders with each automated trade?
Answer: YES
➔ Select your preferred TP/SL type in PickMyTrade (e.g., Point, Ticks, Total Loss, etc.).
➔ Refer to the PickMyTrade Stop Loss / Take Profit Types documentation for details. Click here
4. Account Selection #
Would you like to trade from multiple accounts or a specific account?
Answer: YES
➔ This unlocks additional fields for account management and risk settings.
4.1 Add TradeLocker Account in Current PickMyTrade Account #
| Field Name | Example Input | Explanation |
|---|---|---|
| PickMyTrade Conn. Name | TRADELOCKER1 | Choose the correct TradeLocker connection name from your PickMyTrade list. |
| TRADELOCKER Acc. Name | TL001928 | Select the TradeLocker account you want to trade from. |
| Option | QUANTITY MULTIPLIER / RISK PERCENTAGE | Choose how to size your trades. |
| QUANTITY MULTIPLIER | 1 (if selected) | A multiplier of 2 will double your trade size (e.g., 5 → 10 contracts). |
| RISK PERCENTAGE | 2% (if selected) | Calculates position size so each trade risks 2% of your account capital. |
Ensure all dropdown selections match existing TradeLocker connections and accounts.
4.2 Add TradeLocker Account in Another PickMyTrade Account #
This setup is for cases where you want to trade in an account linked to a different PickMyTrade login.
| Field Name | Example Input | Explanation |
|---|---|---|
| PickMyTrade Token | abcd1234xyz | Token from the target PickMyTrade account you want to push trades to. |
| PickMyTrade Conn. Name | TRADELOCKER1 | Must match the TradeLocker connection name in that target account. |
| TRADELOCKER Acc. Name | TL002091 | Must exactly match the TradeLocker account name in the platform. |
| Option | QUANTITY MULTIPLIER / RISK PERCENTAGE | Same sizing logic as above. |
| QUANTITY MULTIPLIER | 1 | Multiplies trade size accordingly. |
| RISK PERCENTAGE | 2% | Calculates size based on percentage of capital. |
Ensure the token is accurate and the target account has the TradeLocker connection set up, or trades will not execute.
5. Copying & Setting Up Alerts in TradingView #
Once PickMyTrade is configured, follow these steps in TradingView:
- Click “Generate Alert” in PickMyTrade.
- Go to TradingView → click “+” Create Alert.
- Paste the copied alert code into the message box.
- Click “Copy Webhook URL” in PickMyTrade → paste into TradingView’s Webhook URL field.
- Confirm all fields are filled correctly, then click “Create Alert.”
Your TradingView strategy is now live and fully automated in TradeLocker via PickMyTrade.
