Introduction:
In the realm of algorithmic trading, having access to powerful screening tools and seamless integration between platforms is essential for success. Algomojo, a leading cloud-based trading infrastructure, provides traders with the ability to execute strategies like the Range Filter effortlessly. By leveraging Chartink, a popular charting and screening platform, traders can receive signals and execute orders on Algomojo seamlessly. In this blog post, we’ll explore how to integrate the Range Filter with Algomojo via Chartink and create alerts for automated trading.
Step 1: Choose Trade Mode and Access Strategy
Begin by selecting either “Live Trade” or “Paper Trade” mode based on your preference. Then, navigate to view the specific strategy you want to implement.
Step 2: Copy Strategy Webhook URL
Scroll down within the strategy details and copy the strategy webhook URL.
Step 3: Access Chartink and Select Screeners
Go to Chartink and choose the “Screeners” option from the menu.
Step 4: Search for Range Filter Screener
In the Search Screener box, type “Range Filter” and select “Search Scans.”
Step 5: Select Range Filter and Create Alert
From the search results, select the Range Filter screener. Press the “Create Alert” button.
Step 6: Configure Alert Details
Give the alert a name, such as “Buy,” and select the check alert for 1 Minute. Paste the copied Strategy Webhook URL, and ensure the Notification option is set to Always keep Unique.
Step 7: Save the Alert
After configuring the alert settings, save the alert to activate it.
Step 8: Monitor Signals
Once the alert is created, signals will begin to generate automatically based on the Range Filter screener. You can monitor these signals on the Algomojo platform under “My Signals.”
Conclusion:
Integrating Range Filter with Algomojo via Chartink offers traders a powerful solution for automated trading. By following these steps, you can seamlessly receive signals from Chartink and execute orders on Algomojo, enhancing your trading efficiency and potentially improving overall performance. Always conduct thorough testing before deploying any strategy in live markets and stay updated with the latest developments on both platforms for optimal results. With this integration, traders can streamline their trading process and focus on capturing profitable opportunities. Happy trading!