Here is an article on how to automate buying and selling on TradingView.com using Binance and the UT Bot Alerts indicator:

Title:

Ethereum: How to automate tradingview.com with binance to automaticly buy and sell based on indicator

TradingView Automation: How to Trade BTC/USD (BTCUSDT) with Binance and the UT Bot Alerts indicator

Introduction

Looking for a reliable way to automate your trading strategies on TradingView.com? With Binance as your exchange provider, you can now harness the power of automated trading bots to execute trades based on pre-defined indicators. In this article, we will show you how to set up an automated trading bot using the UT Bot Alerts indicator and trade BTC/USD (BTCUSDT) on Binance.

Getting Started

Before we start, make sure you have:

  • A TradingView account with the Binance exchange provider.
  • A Binance API key or access token.
  • UT Bot Alerts indicator uploaded to your TradingView account.

Step 1: Create a new indicator file

To create a new indicator file for the UT Bot Alerts indicator, follow these steps:

  • Log in to your TradingView account and go to the “Indicators” tab.
  • Click the “+” button to upload a new file or edit an existing one.
  • Name your file (e.g. ut_bot_alerts_indicators.json).
  • Upload the indicator code and settings.

Step 2: Configure indicator settings

In the uploaded file, you need to configure the following settings:

  • Indicator type: Select “EA” (Exponential Moving Average) as the indicator type.
  • Short period: Set the short period to a value that suits your trading strategy (e.g. 14, 21 or 50).
  • Long Period: Set the long period to a value that matches your trading strategy’s risk management levels (e.g. 1, 5, or 30).
  • SMA Length: Adjust the SMA length to suit your trading strategy’s requirements.
  • EMA Multiplier: Set the EMA multiplier to control the strength of the indicator’s signals.

Step 3: Connect Binance API

To automate trading with the UT Bot Alerts indicator, you need to connect your Binance account to their API.

  • Log in to your TradingView account and go to the “API” tab.
  • Click the “Binance API” button.
  • Create a new API key or use an existing one.
  • Save the API key as a secret or public key.

Step 4: Set Up Automated Trades

Once you have loaded and configured the indicator, you can now set up automated trades based on the UT Bot Alerts indicator.

  • Log in to your TradingView account and go to the “Indicators” tab.
  • Click the “UT Bot Alerts” icon in the top right corner of the screen.
  • Click the “Settings” button (three dots) next to the indicator name.
  • Scroll down to the “Automated Trades” section.
  • Configure the following settings:
  • Trigger: Select “Alerts” as the trigger.
  • Condition: Select the condition that will trigger the automated trade (e.g. a specific price level or percentage change).
  • Target Price: Enter the target price for the trade.
  • Take Profit: Set the take profit price (optional).
  • Save the settings.

Step 5: Execute Trades

Once you have set up automated trading, you can now execute trades based on the UT Bot Alerts indicator.

  • Log in to your TradingView account and go to the “Indicators” tab.
  • Click on the “UT Bot Alerts” icon in the top right corner of your screen.
  • Select an indicator from the drop-down menu.
  • Select a trading strategy (e.g. Long/Short) and adjust its parameters as needed.

Conclusion

Automating your trades using the UT Bot Alerts indicator on TradingView.com with Binance is now easier than ever. By following these steps, you can set up an automated trading bot that will execute trades based on pre-defined indicators, allowing you to trade the BTC/USD (BTCUSDT) pair with confidence and precision.

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