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  1. Trading Guide
  2. 📚Trading Guide

Automating Infinity Algo Alerts via Finandy🔄

⚙️ Step 1: Configure Finandy to Receive TradingView Signals

  1. Access Finandy's Signal Interface:

    • Log in to your Finandy account.​

    • Navigate to Algo-trading > TradingView Signals.​

  2. Create a New Signal (Webhook):

    • Click on Create new signal (webhook).​

    • In the Main settings:​

      • Name: Assign a descriptive name (e.g., "Infinity Algo Signals").

      • Currency pair: Use the placeholder {{ticker}} to allow dynamic pair selection.

      • Order Side: Set to Strategy to allow the signal to dictate the action.

      • Position Side: Choose Both to enable both long and short positions.

    • Click Save to generate the Signal URL and Signal Message.​

  3. Copy Webhook Details:

    • After saving, the Signal URL and Signal Message will be displayed.​

    • These details are essential for configuring TradingView alerts.​


📈 Step 2: Set Up TradingView Alerts to Send Signals to Finandy

  1. Open TradingView:

    • Navigate to your chart with the Infinity Algo V3.0 indicator applied.​

  2. Create an Alert for Buy Signals:

    • Click on the Alert icon (⏰) or press Alt + A.​

    • Condition: Select the Infinity Algo V3.0 indicator and choose the specific condition for a buy signal.​

    • Options: Set to Once per bar close to ensure signals are sent after the bar closes.​

    • Actions:

      • Webhook URL: Paste the Signal URL obtained from Finandy.

    • Message: Paste the Signal Message from Finandy. Ensure that the "side" parameter is set to "buy".​

    • Click Create to activate the alert.​

  3. Create an Alert for Sell Signals:

    • Repeat the above steps, but set the "side" parameter in the Message to "sell".​


🎯 Step 3: Configure Take Profit (TP) and Stop Loss (SL) in Finandy

  1. Take Profit (TP) Settings:

    • In the signal settings on Finandy, navigate to the Take Profit (TP) tab.​

    • Enable TP: Check the box to activate TP orders.​

    • Order Type: Choose between Limit or Market based on your strategy.​

    • Number of Orders: Specify how many TP levels you want (e.g., 3 for tiered exits).​

    • Price Offset: Set the percentage offset from the entry price for each TP level.​

    • Order Distribution: Define the percentage of the position to close at each TP level.​

    • Level Reordering: Enable this to automatically adjust TP levels after position averaging.​

  2. Stop Loss (SL) Settings:

    • Navigate to the Stop Loss (SL) tab in the signal settings.

    • Enable SL: Check the box to activate SL orders.​

    • SL Level: Set the SL as a percentage of the breakeven price or specify an exact price.

    • Order Type: Choose between Limit or Market.​

    • Level Reordering: Enable this to automatically adjust SL levels after position averaging.​


🧪 Step 4: Test and Monitor the Integration

  1. Verify Signal Reception in Finandy:

    • In Finandy, navigate to Interface > Signal log to monitor incoming signals.​

    • Ensure that signals from TradingView are being received and processed correctly.​

  2. Conduct Test Trades:

    • Before fully deploying, conduct test trades with minimal amounts to confirm that the integration functions as expected.


📝 Additional Notes:

  • Security: Keep your Signal URL confidential to prevent unauthorized access.​

  • Dynamic Pairing: Using {{ticker}} in the Currency pair field allows the webhook to handle multiple trading pairs dynamically.​

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Last updated 1 month ago

Documentation Reference:

https://docs.finandy.com/