How To Create Alerts in TradingView?

Getting Started with TradingView Alerts Using Backdraft

Trading alerts are a crucial tool for traders looking to execute strategies efficiently and stay ahead of market movements. In this guide, we’ll walk you through setting up strategy alerts in TradingView using Backdraft, ensuring you never miss a key trading opportunity.

Step 1: Creating Strategy Alerts

Before setting up alerts, it’s essential to ensure your backtest is yielding strong results. While past performance doesn’t guarantee future success, historical patterns tend to repeat. In the example below, we see a backtest with a 95% profitability rate. As a general rule, we recommend working with strategies that achieve at least a 65% success rate as a baseline.

Step 2: Setting Up Alerts

1. Click on the Alerts icon at the top of the TradingView chart.

2. A pop-up window will appear, allowing you to configure the alert settings.

3. Under Condition, select the relevant script (e.g., “Backdraft v1.3”).

4. Choose how you want to receive notifications—via in-app alerts, email, or text message.

5. Assign a descriptive name to your alert in the Alert Name field.

6. Click Create to finalize the setup. Once conditions are met, the alert will trigger based on the defined strategy.

Step 3: Monitoring Trade Alerts

Once your alerts are active, you can monitor their performance:

• Navigate to the right panel of the TradingView chart and click the Clock icon.

• At the top of the screen, you’ll find a list of active alerts.

• Below this, the Alert Logs display timestamps of when alerts were triggered.

This allows traders to track market movements effectively and make timely decisions.

Step 4: Deleting or Deactivating Alerts

If you need to remove or deactivate an alert:

• Simply click the “X” next to the specific alert in the reference panel.

This ensures your alert list remains uncluttered and focused on the most relevant trade signals.

The Key to Day Trading Success

For day traders, the most critical factor is following a strategy consistently. In our video series, we cover various day trading strategies and techniques to help enhance overall performance.

Backdraft simplifies the process of identifying market patterns, providing traders with clear buy and short signals across major Forex or Futures pairs, including crypto markets.

Ready to take your trading to the next level? Start with Backdraft and gain access to precise market insights.