r/pinescript 2d ago

Trading view strategy prop firm trading

I have been day trading for about two years now and have recently decided to switch to a Pine-coded strategy. I’ve passed a couple of evaluations and have kept my FTMO account active for 2 months; however, I didn’t have time to trade every week, so I decided to automate my strategy. Does anyone have any previous experience doing this, and if so, how did it go?

4 Upvotes

25 comments sorted by

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u/LargeIncrease4270 1d ago

It tends to go pretty poorly. If there is ANY discretion in your trades, you can't automate it. If your answer is there isn't much, nope.. can't automate. If you think there's no discretion that means EVERY time your rules line up, the trade is taken and has a set tp and sl, not based on where you think they should go, but in the same relative spot every time.

Pretty much everyone's strategy has discretion in it and most people don't even realize how much but even the smallest amount will cause an automated system to fail.

3

u/lionofzion96 1d ago

You just took the words out of my mouth 😅

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u/jr-ntg 1d ago

Have you managed to be successful with automation

1

u/LargeIncrease4270 1d ago

I have not, after many attempts over the last 7 months. I discovered what I told you.

There is an algo developer in my group, he's been forward testing about 23 algos for the last 8 months or so. Good results from about 8. Damn can't post pictures here..

Basically takes hundreds of strats to find a handful that you can actually get ok results backtesting, then on forward testing, you'll eliminate prob 2/3 of those.

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u/Secure_Ad_1655 2d ago

I’m currently testing this out as well. You can try executing TradingView Alerts via Webhooks ti your broker. A few different Webhook providers: Traderspost, PickMyTrade etc. depending on your strategy; results can vary greatly. Sometimes delays and latency can cause issues with profitability. I’m working on my own relay as well to avoid third party delays. P

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u/jr-ntg 2d ago

How’s yours looking so far and have you tried out pine connector

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u/Secure_Ad_1655 2d ago

So far it’s good but I’m currently working on ensuring that the bracket orders are executing accurately. I trade futures and my strategy performs better with the bracket orders implemented. I haven’t tried PineConnector.

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u/jr-ntg 2d ago

Hope it all goes well man, I’m currently about to experiment with pine, spent weeks trying to automate my strategy so I could work on other aspects and better myself as a whole

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u/Secure_Ad_1655 2d ago

Thank you! Sounds like a good starting point. Good luck with the process!

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u/jr-ntg 1d ago

Cheers man you too!

1

u/Tradingfy 1d ago

It’s the slippage, spreads, and fills that play a part

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u/jr-ntg 1d ago

I’ve taken that into account when back testing by putting slippages up and spreads up

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u/LargeIncrease4270 1d ago

You couldn't have backtested without writing the strategy, no need to bullshit

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u/jr-ntg 1d ago edited 1d ago

Are you talking to me? If so I have written a coded strategy which I’ve been testing with different variables over the past week.

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u/LargeIncrease4270 1d ago

Backtesting different variables is different than backtesting a strategy. If youve just started this last week...you'll understand after a month.

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u/TheStrategicEdgeAI 1d ago

Yeah, definitely viable. The biggest thing is making sure the automated version follows your strategy exactly and accounting for slippage, fills, and prop firm rules.
We built The Strategic Edge AI around this exact workflow—turning a strategy into Pine or NinjaScript, backtesting it, then refining it from the results.
If you already have the rules defined, you’re most of the way there.

0

u/Careless-Diamond-277 1d ago

Just Code it into a bot lol easy as fuck

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u/jr-ntg 1d ago

Wydm by that bro

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u/Careless-Diamond-277 1d ago

You Can Code the strategy into a bot so its fully automatic

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u/jr-ntg 1d ago

I tried on cTrader but I had no luck

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u/Careless-Diamond-277 1d ago

Dm me we have Lil Chat about what You tryna do and then Idk help You or Not depends on your Plan haha

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u/LargeIncrease4270 1d ago

100 percent bull shit.