While TradingView offers powerful charting and analysis tools, it does not directly support automated trading for users in Australia or elsewhere. There are several reasons for this limitation:
1.Regulatory constraints: Automated trading often faces stricter regulations, which may vary by country and broker.
2.Broker integration: TradingView requires partnerships with brokers to enable direct trading, and not all brokers support automated trading through the platform (Pepperstone is my broker and they said no API integration).
3.Technical limitations: TradingView’s primary focus is on charting and analysis, rather than trade execution.
However, there are workarounds to achieve automation with TradingView:
Third-party tools:
1.API connections: Some brokers offer API connectivity that can be used with TradingView alerts to execute trades automatically.
2.Custom solutions: You can develop or hire someone to create a custom automated trading system that utilises TradingView’s data and alerts.
It’s important to note that while these methods can enable automated trading based on TradingView signals, they require additional setup and potentially third-party services. I am aware that other platforms allow automated trading like Ctrader and MT4/5 but I love using TradingView. Your Thoughts please.
Dave
I like its facilities for charting, but I’d never use it for trading: it’s far too slow and just not reliable or accurate enough.
It’s nice to use, certainly, but C-trader’s also very nice?
I found the constant ads on the free version of TV annoying, and never got quite as far with it as paying for a better version (I did a free trial of the full package, though, so I saw what it had to offer).
It’s “horses for courses,” though, isn’t it? Different people will always have different preferences?
There are even some people left who prefer MT4 (though maybe no profitable traders, and maybe most of them have never really seen what a real trading platform looks like or can do?).
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My guess is that doing it that way helps them to sell subscriptions to the paid upgrades?
They have a kind of “compromise business model,” not a common one, really?
A declining number, though, surely? It’s not being upgraded or even supported by its manufacturer, any more. (Its days are numbered - mercifully!).
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I used to use Ctrader, but I lost big on a trade when my PC shut down due to a power outage and never regained that loss. I prefer cloud/web based platforms for that reason only. I run Linux Mint and that limits my possibilities.
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thank you for letting us know yet I have absolutely no idea how is this information gonna help!!!
That’s pretty dismissive, isn’t it? Does everything have to “help”? Dave started the thread to invite others’ thoughts on this subject. He said so.
Ctrader has a built in and free cloud based server for cbots now. It’s brilliant
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