Why Does a New Put Trade Add to My Existing Position Instead of Opening a Separate One?

TradersPost adds to existing options positions by default, rather than opening separate ones. To trade multiple strike prices, traders must specify the full contract symbol in their trade request.

Tom Hartman

December 11, 2024

Can You Run a Trading Strategy on Heikin-Ashi Charts?

Trading strategies perform differently on Heikin-Ashi charts because the price data is calculated using averages, not actual market prices. To avoid discrepancies, traders should use a standard chart with Heikin-Ashi-based indicators rather than trading directly from a Heikin-Ashi chart.

Tom Hartman

December 10, 2024

Entry Trailing Stop vs. Exit Trailing Stop in TradersPost

An entry trailing stop is set when the trade is opened, while an exit trailing stop is applied only when an exit signal is sent. The entry stop moves with price from the start, while the exit stop begins trailing from the market price at the time of exit.

Tom Hartman

December 9, 2024

What Happens If You Manually Close a Trade Before Your Bot Sells?

If a trader manually closes a position before a bot-generated sell signal, TradersPost will either return an error (if sentiment tracking is enabled) or potentially enter a short position (if it’s not). Using “action=exit” ensures proper trade execution.

Tom Hartman

December 9, 2024

Why Does My Strategy Show a Max Drawdown of 150%?

A 150% max drawdown in TradingView or TradersPost likely results from futures leverage and missing margin restrictions. To get realistic results, traders should adjust margin settings and use broker-provided paper accounts.

Tom Hartman

December 8, 2024

Can You Disconnect a Broker Without Deleting It in TradersPost?

TradersPost does not currently allow pausing a broker connection to switch between brokers on lower-tier plans. However, traders can disable a strategy subscription to stop trades without deleting the broker.

Tom Hartman

December 7, 2024

Will TradersPost Reconnect with Charles Schwab?

The TradersPost-Schawb integration is currently unavailable, and its return depends on Schwab’s willingness to reopen API access. Traders interested in this feature should contact Schwab directly to express demand.

Tom Hartman

December 7, 2024

How to Confirm Your Strategy Subscription Without Executing Live Trades

TradersPost users can verify their strategy subscription without placing live trades by disabling auto-submit, sending a test limit order, or using a paper trading account.

Tom Hartman

December 6, 2024

Is There a Limit on the Number of Webhook Signals in TradersPost?

TradersPost allows unlimited webhook signals under normal use but monitors for excessive bursts. High-frequency trading is not feasible on TradingView and TradersPost due to execution speed limitations.

Tom Hartman

December 5, 2024

Understanding Execution Delays in Tradovate When Using TradersPost

TradersPost does not introduce execution delays, even for free trial accounts. Any delays when using Tradovate are likely caused by delayed market data, broker latency, or connectivity issues.

Tom Hartman

December 3, 2024

Running Two Separate Strategies in a Single TradeStation Account

Traders running multiple strategies in a single TradeStation account may encounter conflicts when closing positions. The best solution is to use separate accounts to keep strategies fully independent.

Tom Hartman

December 3, 2024

How the Max Strategy Positions Setting Works in TradersPost

The Max Strategy Positions setting in TradersPost limits all broker-held positions, not just those from TradersPost. Due to technical challenges, this feature may be removed in the future.

Tom Hartman

December 3, 2024

Is There a Profitable Pine Script for Trading Futures?

There is no single profitable Pine Script for trading futures, as all strategies must adapt to market conditions. Success depends on simplicity, trend-following or mean-reversion principles, and strong risk management rather than complex scripting.

Tom Hartman

December 2, 2024

What Settings Can and Cannot Be Changed in TradersPost?

In TradersPost, most settings can be changed after setup, but the asset class selection is fixed and difficult to modify. Choosing the correct asset class ensures proper trade execution and strategy functionality.

Tom Hartman

December 2, 2024

Should You Include Signal Price in Trade Alerts?

Signal price is useful for calculating relative take profit and stop loss levels, especially when brokers do not provide market data. However, it is not required for all trades, and including it in signals will not negatively impact execution.

Tom Hartman

December 1, 2024

Running InfinityAlgo Backtesting on TradersPost

Tom Hartman

December 1, 2024

What to Do After Your Webhook Logs Show Trade Signals

After verifying trade signals in your TradersPost webhook logs, ensure your strategy subscription settings allow them to reach your broker. To invest a fixed dollar amount per trade, use Amount Per Position and enable fractional shares if supported by your broker.

Tom Hartman

November 30, 2024

How to Start and Stop Your Trading Bot in TradersPost

TradersPost allows bots to be stopped by disabling TradingView alerts, turning off auto-submit, or disabling strategy subscriptions. The best method depends on whether you want to fully stop trading or retain manual control over trade approvals.

Tom Hartman

November 30, 2024

How to Determine If a Trade Was Successful in TradersPost

Traders can verify trade execution in TradersPost by checking the dashboard’s trade log, reviewing broker responses, and tracking P&L when available. A “completed” trade means the order was sent, but final execution depends on the broker.

Tom Hartman

November 29, 2024

How Chart Timeframes Affect Alerts in TradingView

The timeframe of a TradingView chart determines when alerts trigger and how trades execute. Higher timeframes offer stronger confirmation but delay execution, while lower timeframes enable faster, more responsive trading.

Tom Hartman

November 29, 2024

Understanding Robinhood’s Three-Trade Limit and How It Affects TradersPost

Robinhood’s three-trade limit applies to accounts under $25,000 and restricts same-day trades. Setting fixed position sizes does not prevent violations, so traders must limit intraday trades or use a cash account to avoid restrictions.

Tom Hartman

November 28, 2024

Understanding the TradingView Backtester

The TradingView Backtester simulates past trade performance but has limitations, including approximated data and restricted historical range. Traders should validate strategies with forward testing on TradersPost to ensure real-world viability.

Tom Hartman

November 28, 2024

When to Expect Your First Trade on TradersPost

TradersPost executes trades based on signals from TradingView, so the timing of your first trade depends on your strategy’s frequency. To test your setup, use TradingView alerts, manually send a test signal, or utilize TradersPost’s upcoming “Submit Trade” feature.

Tom Hartman

November 27, 2024

How to Automate Position Closures with TradersPost Scripts

Learn how to automate position closures with the "Close This Position" script in TradersPost, perfect for end-of-day exits or time-based trade management.

Tom Hartman

November 27, 2024

Workaround for Rejected Orders Overnight in TradersPost

Rejected exit orders overnight can leave traders stuck in unexpected positions. Learn how to set broker-side stops, use layered exit signals, and implement fail-safe stop losses in TradersPost to prevent overnight trade failures.

Tom Hartman

November 26, 2024

Fixing Option Order Issues in TradersPost

TradersPost users may experience Buy to Open and Buy to Close orders appearing reversed when trading options. Learn how to adjust settings, test trades, and ensure correct execution.

Tom Hartman

November 26, 2024

Should You Run TradersPost and TradingView on a VPS Near CME?

Tom Hartman

November 26, 2024

How to Configure MES Futures Trades in TradersPost

Learn how to configure TradersPost for trading MES futures contracts, including continuous and specific expiration symbols like MES1! and MESZ2024.

Tom Hartman

November 26, 2024

Expanding Signal Management in TradingView with TradersPost

TradingView strategies have key limitations, but TradersPost is considering a new library to enhance signal management, hedging, and order execution flexibility. Learn more about how this could improve trading automation.

Tom Hartman

November 25, 2024

TradersPost Broker Waitlist: Which Connections Are in Demand?

TradersPost users frequently request new broker integrations, with Fidelity, KuCoin, and Forex brokers among the most in demand. Learn more about the waitlist process and upcoming updates.

Tom Hartman

November 25, 2024