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Tradesteady Algo – How to Use

Step-by-step guide for using Tradesteady Algo. Last updated: January 2025.

1. Get Started

For TradingView Automation (your own TradingView alerts): TradingView Essential (basic paid plan) is required for using webhooks and alerts.

2. TradingView Automation Flow (Your Own TradingView Alerts)

Step 1 – Add Destination
  1. In the Dashboard, go to Destinations (or Webhooks if you have none yet)
  2. Click Add Destination
  3. Choose destination type and fill in API keys (or check Paper trading). “My Strategy”) and optional description
  4. Click Create Route

Your automation URL is created automatically. Find it in the Webhooks tab to paste into TradingView (Step 4).

Step 2 – Create Route(s) (Destinations)
  1. Go to Dashboard → Destinations
  2. Click Create Route
  3. If you have multiple automations, select the one to use
  4. Choose Destination Type: Binance Spot, Binance Futures, Delta Exchange, Delta India, or MT5
  5. For paper trading: check “Paper trading (simulation)” – no API keys needed; trades are simulated using the price from the alert
  6. For live Binance/Delta: enter API Key and Secret in the form
  7. For MT5: enter your MT5 Account ID (and optionally broker name, EA name)
  8. Click Create Route

You can create multiple routes for one webhook (e.g. Binance Futures + MT5).

Step 3 – Set Up Exchange / MetaTrader (Live Only)

Exchange (Spot or Futures): Create an API key in your exchange’s API Management. Enable Read + Trading only (do not enable withdrawals). Paste Key and Secret in the route form. Use Testnet first if you prefer.

MetaTrader: In Dashboard → API Keys, download the MetaTrader EA. Install it in MetaTrader. In the EA inputs, set Server URL (e.g. https://www.tradesteadyalgo.com) and, if needed, Account ID. By default, Account ID is not required if the EA runs on the same MetaTrader account as the one you used in the Route. Attach the EA to a chart and allow AutoTrading; it will poll the server for commands.

Step 4 – Create an Alert in TradingView
  1. Open TradingView and your chart (e.g. BTCUSDT, XAUUSD)
  2. Click the Alert (bell) button → Create Alert
  3. Set your condition (e.g. strategy or indicator)
  4. Under Notifications, enable Webhook URL and paste your Tradesteady webhook URL
  5. In Message tab, use a format Tradesteady understands (see examples below)
  6. Save the alert

TradingView Create Alert dialog

Webhook URL in Notifications tab

Message field in TradingView alert

Message formats: Strategy: Long {{ticker}} Q={{strategy.order.contracts}} SL=2% TP=5% · Or: Buy BTCUSDT Q=0.01 R=binance_futures (R= route/destination)

When the alert fires, TradingView sends the message to your webhook; Tradesteady executes the trade on the route(s) linked to that webhook.

3. Paper Trading (Free Simulation)

  1. In the Dashboard, if you have not already, click Activate Paper Trading (banner or prompt)
  2. Create a webhook and a route with “Paper trading (simulation)” checked
  3. Choose destination: Spot, Futures, Exchange (global or India). MetaTrader is not available for paper trading
  4. No API keys needed. Set up your TradingView alert with the same webhook URL and message format
  5. Simulated trades appear under Paper Trades. You can refresh prices (rate-limited), see leverage/liquidation for futures, and close positions

4. MetaTrader-Specific

5. Testing & Logs

6. Help & Links

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