Here is an article on how to automate the purchase and sale on tradingView.com using the Binance and Ut Bot alert indicator:
Title: Trade automation: How to negotiate BTC / USD (BTCUSDT) with Binance and Bot Alerts indicator
Entrance
Are you looking for a reliable way to automate commercial strategies on tradingView.com? Thanks to Binance, as a replacement provider, you can now use the power of automatic commercial robots to implement transactions based on previously defined indicators. In this article, we will show you how to configure an automated commercial bot using an UT and BTC / USD (BTCUSDT) alert indicator on Binance.
First steps
Before you start, make sure you have:
- TradingView account with a Binance replacement supplier.
- Binance API key or access token.
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Step 1: Create a new indicator file
To create a new indicator file for the bot alert indicator, follow the following steps:
- Connect to the TradingView account and access the “Indicators” card.
- Click on the “+” button to send a new file or modify the existing one.
- Name your file (for example
ut_bot_alerts_indomators.json).
- Submit the code and indicator settings.
Step 2: Configure the settings of the indications
In the sent file, you must configure the following settings:
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- Short period : Define a short period to a value that corresponds to your commercial strategy (for example 14, 21 or 50).
- Long period : Define a long period to a value corresponding to the risk management level (for example 1, 5 or 30).
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- EMA multiplier : set an EMA multiplier to control the indicator signal force.
Step 3: Connect the binance of the API
To automate transactions according to the bot alarm indicator, you must connect your Binance account to their API interface.
- Connect to your TradingView account and access the “API” tab.
- Click on the “Binance API” button.
- Create a new API key or use another.
- Record the key to the API as a secret or public key.
Step 4: Configure automated transactions
Thanks to the charged and configured indicator, you can now configure automated transactions depending on the UT Bot alert indicator.
- Connect to the TradingView account and access the “Indicators” card.
- Click on the “UT Bot Alerts” icon in the upper right corner of the screen.
- Click on the “Settings” button (three points) next to the indicator name.
- Scroll to the “Automated transactions” section.
- Configure the following settings:
* Trigger : Choose “alerts” as a trigger.
* Condition : Choose a condition that triggers automated trade (for example, a price level or a specific percentage variation).
* Tire price
: Enter the target trade price.
* Take profit : Attach the price of profit (optional).
- Save the parameters.
Step 5: Transactions
After configuring automated transactions, you can now make transactions depending on the UT Bot alert indicator.
- Connect to the TradingView account and access the “Indicators” card.
- Click on the “UT Bot Alerts” icon in the upper right corner of the screen.
- Select the indicator from the Drop -Down menu.
- Select a commercial strategy (for example long / short) and, if necessary, adjust its settings.
Application
Transactions automation using the UT Bot alert indicator on tradingView.com with Binance is now easier than ever. By following these steps, you can configure an automated commercial bot which performs transactions on the basis of pre-defined indicators, certainly allowing BTC / USD trade (BTCUSDT).