Introduction:
In the realm of algorithmic trading, having access to powerful indicators and seamless integration between platforms is paramount. Algomojo, a leading cloud-based trading infrastructure, enables traders to execute strategies like Supertrend with ease. By leveraging Chartink, a popular charting and screening platform, traders can receive signals and execute orders on Algomojo effortlessly. In this blog post, we’ll delve into the process of integrating Supertrend with Algomojo via Chartink and creating 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 SuperTrend Screener
In the Search Screener box, type “SuperTrend” and select “Search Scans.”
Step 5: Select SuperTrend and Create Alert
From the search results, select the SuperTrend screener. Press the “Create Alert” button.
Step 6: Configure Alert Details
Give the alert a name, such as “Buy,” and paste the copied Strategy Webhook URL. Select the check alert for 1 Minute 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 SuperTrend screener. You can monitor these signals on the Algomojo platform under “My Signals.”
Conclusion:
Integrating Supertrend with Algomojo via Chartink offers traders a seamless solution for automated trading. By following these steps, you can effortlessly 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. Happy trading!