In this article, we explain what TradingView is and what the differences and similarities are with using the regular bot.
What is TradingView
TradingView is a charting platform. With the TradingView app, you can send signals to your bot through TradingView Alerts by using WebHooks. The TradingView Alerts work with Explorer, Adventure, and Hero bot subscriptions. So you need a paid subscription with Cryptohopper and a paid TradingView account.
Differences with the regular bot
Trades opened by TradingView Alerts don’t follow all the settings of the Baseconfig. This is intended behavior. Base config settings that won’t be followed are:
Trailing Stop-Buy, Dollar Cost Averaging, and Shorts. When using Tradingview Alerts your bot won’t open Trailing Stop-Buy, Dollar Cost Averaging, and Shorts orders.
When using TradingView Alerts, you’re not limited to the currencies selected in your Baseconfig.
Similarities with the regular bot
Features of the Baseconfig that are taken into account:
Number of total open positions Cryptohopper will check the total number of open positions your subscription allows:
Pioneer: Unavailable Explorer: 80 open positions Adventure: 200 open positions Hero: 500 open positions