OPEN-SOURCE SCRIPT

TradingView Alert Adapter for AlgoWay

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TRALADAL is a universal TradingView alert adapter designed for traders who work with indicators and want to test and automate indicator-based signals in a structured way.
It allows users to convert indicator outputs into a TradingView strategy and forward the same logic through alerts for multi-platform execution via AlgoWay.

This script can be used as TradingView indicator automation, enabling traders to build a TradingView strategy from indicators and route TradingView alerts through an AlgoWay connector TradingView workflow for multi-platform execution.

Why this adapter is needed

Most TradingView indicators are not available as strategies.
Traders often receive visual signals or alerts but have no access to objective statistics such as win rate, drawdown, or profit factor.

This adapter solves that problem by providing a generic framework that transforms indicator signals into a backtestable strategy — without modifying indicator code and without requiring Pine Script knowledge.

Input source–based design (including closed indicators)
All conditions in TRALADAL are built using input sources, which means you can connect:
  • Event-based signals (1 / non-zero values, arrows, shapes)
  • Indicator lines and values (EMA, VWAP, RSI, MACD, etc.)
  • Outputs from invite-only or closed-source indicators

If an indicator produces a visible signal or alert-compatible output, it can be evaluated and tested using this adapter, even when the source code is locked.

Three-level signal logic

The strategy uses a three-layer condition model commonly applied in discretionary and systematic trading:

  • Signal — primary entry trigger
  • Confirmation — directional validation
  • Filter — additional noise reduction

Each level can be enabled independently and combined using AND / OR logic, allowing traders to test multi-indicator systems without writing complex scripts.

Risk management and alert execution

The adapter supports practical risk parameters:

  • Stop Loss (pips)
  • Take Profit (pips)
  • Trailing Stop (pips)

Two execution modes are available:

  • Strategy Mode — risk rules are applied inside the TradingView Strategy Tester
  • Alert Mode — risk parameters are embedded into structured TradingView alerts and handled by AlgoWay during execution

Position sizing follows TradingView conventions (percent of equity, cash, or contracts) to keep strategy results and alerts aligned.

Typical use cases

This TradingView alert adapter is intended for:

  • Indicator-based trading systems
  • Backtesting signals from closed or invite-only scripts
  • Comparing multiple indicators within a single strategy
  • Sending TradingView alerts to external trading platforms via AlgoWay

The adapter does not generate signals or trading recommendations.
Its purpose is to provide a transparent and testable workflow from indicator signals to TradingView alerts and automated execution.

Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.