Introduction #

Automating TradingView strategy alerts in TradeStation allows you to send real-time orders directly from your strategy or indicator alerts using PickMyTrade. This guide walks you through setting it up for stocks, futures, and options.

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1. Select TradeStation as Your Broker #

From the PickMyTrade interface, choose your broker as:
TRADESTATION

This ensures that all generated alerts will be routed for execution into your connected TradeStation account.

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2. Choose Strategy or Indicator Alert in TradingView #

Select the appropriate alert type based on your TradingView setup:

• STRATEGY: For alerts generated by a TradingView strategy (e.g., Supertrend Strategy, RSI Strategy). This uses the Strategy Tester and automatically triggers alerts when a strategy’s logic executes.
• INDICATOR: For alerts based on chart conditions (e.g., RSI crosses above 70). This does not use the Strategy Tester and is based on plotted conditions or alert functions.

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3. Choose Asset Type for TradeStation Execution #

Pick the asset type that corresponds to your TradeStation instrument:

• Futures (e.g., MNQZ5, MESU5)
• Stock (e.g., AAPL, TSLA)
• Options (e.g., AAPL Call 210 May 17)

This tells PickMyTrade how to structure the trade format (contract vs shares, etc.).

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4. Enter the TradingView Symbol for Strategy Alerts #

Enter the symbol used in your TradingView chart.
Example: MNQZ5 for Micro Nasdaq futures.

This field is optional, but becomes mandatory if you’re using:

• Stop Loss / Take Profit type = Ticks
• Stop Loss / Take Profit type = Total Profit / Loss

If the symbol is missing or incorrect, PickMyTrade may default to the chart symbol or fail to map orders correctly.

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5. Managing Exit Rules in Automated Tradestation 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

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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

You can refer to the Stop Loss / Take Profit Types guide in PickMyTrade for exact formulas and examples. Click here .

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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.

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

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6. Connect TradeStation Account for Automation #

6.1 Adding a TradeStation Account in Your Current PickMyTrade Login #

Field Name	Example Input	Description
PickMyTrade Conn. Name	TRADESTATION1	The TradeStation connection name from your PickMyTrade account
TRADESTATION Acc. Name	TS001928	The actual TradeStation account where trades should be sent
Option	Quantity Multiplier / Risk Percentage	Choose how trade size is calculated
Quantity Multiplier	1	If set to 2, all trade sizes will be doubled
Risk Percentage	2%	Trade size is calculated based on 2% of account capital

Ensure these values match your saved TradeStation integration in PickMyTrade.

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6.2 Adding a TradeStation Account from Another PickMyTrade Login #

Use this method if your TradeStation account is linked to a different PickMyTrade login.

Field Name	Example Input	Description
PickMyTrade Token	abcd1234xyz	Token from the external PickMyTrade account you want to trade through
PickMyTrade Conn. Name	TRADESTATION1	Must match the TradeStation connection inside that target account
TRADESTATION Acc. Name	TS002091	Must match exactly as registered in TradeStation
Option	Quantity Multiplier / Risk Percentage	As explained above
Quantity Multiplier	1	All trade sizes are multiplied by this number
Risk Percentage	2%	Each trade will risk 2% of the total account balance

Ensure token and connection name are valid, or trades will not execute.

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6.3 Generate Alert Code for Strategy Execution

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

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7. Create and Automate TradingView Alerts via PickMyTrade #

Once you’ve configured everything in PickMyTrade, follow these steps in TradingView:

1. Copy the alert message JSON
2. Open TradingView → Click “+ Create Alert”
3. Paste the alert message into the Message field
4. Paste the Webhook URL provided by PickMyTrade
5. Set your alert condition and frequency
6. Click Create Alert

You’re done! Your TradingView strategy or indicator is now connected to your TradeStation account through PickMyTrade — ready for automated, real-time execution.

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8. Generate Alert #

After generating the alert, you’ll receive a JSON payload.

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

Setting Up TradingView Alerts for Automated Trading

More Resources #

Want to automate trades on platforms beyond Rithmic, such as Interactive Brokers, TradeLocker, TradeStation, or ProjectX?
Explore all PickMyTrade setup guides

Using Tradovate instead?
View the Tradovate automation guide