Tickerly automated trading logo

Tickerly

BLOG

by

Introducing Tickerly for trading automation

Introducing Tickerly

Tickerly is your comprehensive solution for seamless automation of any strategy on the TradingView platform. It’s an incredibly simple yet powerful concept. Whether you’re creating your own custom strategy, adapting an existing one, or purchasing access to a proven strategy, Tickerly has your back. Your chosen strategy is then applied to a trading ticker of your preference.

The versatility of Tickerly is evident in the wide array of assets you can trade with. The ticker can represent a variety of asset classes, such as cryptocurrencies and crypto futures. But it doesn’t stop there. You can also dive into forex pairs, bonds, indices, metals, and other Contracts for Differences (CFDs). This flexibility ensures you can diversify your portfolio and explore a broad range of investment opportunities.

What’s unique about a trading strategy is that it is embedded with the trading logic that guides your transactions. This logic sets the rules of the game, specifying when to buy, when to sell, and the quantity of the asset to transact. In essence, your strategy becomes your personal trading assistant, ensuring you’re always on top of your trades without needing to micro-manage each transaction.

TradingView enhances the automation process with a configurable alerts system. These alerts come into play when your strategy identifies an opportunity to take action – be it buying or selling an asset to open or close a trading position.

Now, where does Tickerly come in? These alerts are designed to seamlessly integrate with Tickerly’s alert processing service. What this means is, Tickerly works as a bridge, interpreting the input from TradingView and transforming it into a format that your exchange comprehends.

This sophisticated translation process is carried out on state-of-the-art, ultra-fast servers, ensuring the whole operation completes in a fraction of a second. Once Tickerly has processed the alert, it swiftly dispatches the corresponding order to your exchange to execute the trade.

The next step is on the exchange’s side. It will either confirm or reject the order, and this result is communicated back to Tickerly. In turn, Tickerly notifies you of the outcome, keeping you informed about the performance of your strategy. It’s important to note that this information is for your awareness; you don’t need to take any further action.

To make this incredible system work, you only require three things: a Tickerly subscription, a free TradingView subscription, and a trading account with your preferred exchange. If you’re thinking this sounds complex, worry not! Each step of the setup process is super straightforward. Plus, we offer comprehensive step-by-step guides on both our channel and the Tickerly website to make your journey even smoother.

And that, in a nutshell, is the beauty of Tickerly. Once you have a robust strategy in place and have enabled alerts to sync with Tickerly, you’re good to go. Your trading strategy will now execute with utmost reliability and precision, all without your constant supervision. No more long days squinting at screens, no more manual trade placements. With Tickerly, you’re set to embrace an efficient, automated, and ultimately more rewarding trading experience.

Read our next blog post on Server update

Tags :

Latest Post