TradingView Webhook Execution with Staged and Trailing Exits

Summary

This document describes an execution program that receives TradingView alerts and translates them into long, short, and position-closing actions on a futures exchange. Its configuration covers the trading pair, contract type, leverage, order sizing, price precision, and whether sizing is based on margin. The program allows a first take-profit order for part of a position, a further profit target, and a trailing exit after price passes the second target. It also supports stop losses and accepts stop levels from TradingView.

To limit alert timing problems, the program can act immediately on a received stop signal, while temporarily ignoring stop-price updates just after an order opens or closes. It tracks whether a position is already open to avoid repeated entries in the same direction. The material is principally implementation guidance rather than a signal-generating strategy: it does not define how TradingView creates its trade signals or provide backtest or live performance evidence. Execution depends on correct webhook configuration, exchange behavior, and the supplied position and risk settings.

Key ideas

• TradingView alerts map to commands for opening or closing long and short positions.
• Position sizing can use a fixed amount or a share of available margin, with leverage configured separately.
• The execution logic supports staged profit taking and a trailing exit after a later target is reached.
• TradingView stop signals can trigger prompt position closure, with a temporary lock on stop updates after orders.
• The document does not specify the signal-generation rules or provide evidence of trading performance.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.