Recommended trading set up - automation vs. manual

[zwp]

Hi Guys, One very basic question.
How would you recommend to trade using Pine Script.

e.g.
Best option (use always when available): create strategy --> test --> connect with your account and let it run automatically
Second best option (use only if Best Option not available): create strategy --> test --> create alerts and trade manually

Would you agree, or would you recommend to do it differently.
thanks!

[dusktrader]

Depends on your trading style. For example you could have your script only look for setups, then alert you to review those setups (and allow you the choice to take the trade or not)

Or you could work to build a fully-automated bot - that's what I'm working on. In that case, you would create your script to very carefully identify all of the orders that should occur, and then send these as alerts. Alerts sent from TradingView can be processed by automation in several ways: you could send a webhook to a thirdparty service (or if you have your own webhook receiver); or you could integrate a middleware tool like AutoView or ProfitView - these run on your computer alongside TradingView and intercept the alerts coming from TradingView.

[zwp]

Thanks @dusktrader I would like to go for as much automation as possible. Working full time it might be difficult to respond on all alerts in time and/or I might miss some opportunities on lower time frames.

[dusktrader]

Totally agree with your logic here. I am also working fulltime, so I specifically designed my latest work to accommodate that schedule. So for me that meant higher timeframe trade style (I chose 4hour), and full automation. This has worked pretty well. I do feel confident during the day when the tradebots take action - I feel confident that I don't have to race over and check on them right away (and frequently cannot due to day job demands). But I do focus on them regularly every day. I study every trade and determine whether or not the logic needs to be adjusted (ie, if it took correct action or not). Sometimes I struggle with one thing for days on end. But keeping focus has worked well for me.

[zwp]

Super good. thanks for sharing your experience. Will do the same!

[Bamze]

Hello Guys,
Tries to wake this thread up with an Q how it is going? does it still works or has something new pop up?
I recently picked up my trading interest again because there is more free time when our oldest boy moved away from our house.
I´m try to understand hove to make trades fully by automatic. As I understand it should work fine if you use the brokers that today work together with TradingView? I´v got an account at one of them in Capital.com.
Do you know where I can learn to fit them together or is there scripts already done?

Brgds
Björn