Hacking TradingView: Multi-Broker and Multi-Asset Trading from TradingView
Having the ability to manage multiple positions across various brokers is crucial for traders looking to maximize their opportunities. However, a notable limitation exists on TradingView, which restricts users to a single broker connection at a time. This constraint can be a significant hurdle for traders aiming to diversify their portfolios across different asset classes like stocks, options, futures, and cryptocurrencies. We cover a hack on how to connect multiple brokers and multiple asset classes from TradingView in this post.
Co-Founder / CSO
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Charles Schwab completed the migration of TD Ameritrade accounts, so the broker list now excludes TD Ameritrade while the webhook-based multi-broker guidance remains valid.
TradingView falls short in one critical area: the ability to connect to multiple brokers simultaneously. As explicitly stated on their website, TradingView ensures stable connections only to one broker at a time, and attempts to connect to multiple brokers can disrupt existing connections. This limitation can hinder traders who wish to spread their investments across different brokers and asset classes.
TradingView - Can I connect to my broker in multiple tabs?
By leveraging TradersPost, traders can circumvent the restrictions posed by TradingView, allowing them to manage their positions across various brokers and asset classes seamlessly. The implementation of this hack is straightforward yet powerful. Traders can set up multiple alerts on TradingView, each connected to a different webhook on TradersPost. This setup enables the simultaneous management of various positions across multiple brokers, including TradeStation, Alpaca, Interactive Brokers, Tradier, Coinbase, and Robinhood; TD Ameritrade accounts have now migrated to Charles Schwab1. By adjusting price or indicator alerts, traders can effectively control their portfolios, ensuring they never miss a trading opportunity.
This innovative approach not only overcomes the limitations of TradingView but also opens up a world of possibilities for traders. It empowers them to diversify their trading strategies across multiple platforms, ensuring they are not restricted by the constraints of a single broker connection. With TradersPost, traders can now manage and execute trades in a more versatile and efficient manner, tapping into the full potential of multi-broker trading.
References
1 youtube.com, How to Run Tradingview Strategies in Multiple Accounts
