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TradingView Webhook Template with Example Signals and ATR Stops

Article TradingView scripts

Summary

This Pine strategy is a configurable template for turning signals into orders and webhook-driven trade management. It includes toggles for EMA crossovers, Turtle-style breakouts with volume and candle confirmation, and swing-failure patterns. Its signal interface separates primary long and short conditions from optional pyramiding conditions, while settings control historical versus bot mode, order sizing, fees, slippage, and whether positions close only on a direction flip. The script also includes swing-based market-structure labels and candle-shape conditions.

Risk controls include failsafe and smart stops, mechanical exits, and several selectable ATR trailing-stop variants using different combinations of regression, volume-weighted ATR, ratcheting, and chandelier logic. The document describes a template and default backtest assumptions, but offers no strategy performance results or validation across assets and timeframes. The source excerpt is incomplete, so some signal, order, and exit logic cannot be assessed from the provided text. Live automation also depends on a separate webhook execution engine and its handling of orders and positions.

Key ideas

  • The template exposes a common long, short, and optional pyramiding signal structure for webhook automation.
  • Example signal families include EMA crossovers, Turtle breakouts, and swing-failure patterns.
  • Risk settings include failsafe and smart stops, mechanical exits, and configurable ATR trailing methods.
  • Historical and bot modes, sizing, and trading-cost assumptions affect strategy operation and backtests.
  • The provided source is incomplete and contains no evidence of strategy profitability.

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