Brief Overview

This guide outlines three new alert commands you can use within TradingView to automate partial closes in lots, partial closes by percentage, and moving a position’s stop loss (SL) to breakeven. By the end, you’ll know exactly how to set up each command and what data is required.

Purpose and Audience

Purpose:

These new commands enable more precise trade management directly from TradingView alerts. Rather than manually adjusting positions, you can automate partial closes and SL adjustments to breakeven.

Who Should Read This Guide:

Traders using TradingView who are comfortable creating custom alerts, and who have some understanding of order management and stop-loss strategies. Basic familiarity with JSON alert formatting is helpful but not strictly required.

Steps / Instructions

1. Partially Close the Position in Lots

1. Overview:

   • This command lets you close a specified lot size from an open position.
   • Example: If you have a 1.0 lot position and you want to close 0.2 lots, this command can be used.

2. Required Parameters:

   • lotSize (number, mandatory)
     • The specific lot size to close. Must be positive. Allows up to two decimals.
     • Default value: 0.1

3. Alert JSON Structure:

   {
     "type": "partially_close_by_lot",
     "assistId": "unique_assist_id",
     "source": "forex",
     "symbol": "forex_symbol",
     "lotSize": 0.1,
     "date": "{{time}}"
   }
   
   

   • type – Must be "partially_close_by_lot".
   • assistId – Unique identifier for your alert or assistant logic.
   • source – The market or strategy source, e.g., "forex".
   • symbol – Instrument symbol, e.g., "EURUSD".
   • lotSize – The lot size to close.
   • date – Recommended to pass {{time}} from TradingView for timestamping.

4. How to Add in TradingView:

   • Go to Alerts → Create Alert.
   • Under Alert Actions, choose to send a webhook.
   • Paste the JSON (above) into the Webhook Message field.
   • Click Create.

5. Validation Steps:

   • Ensure the webhook triggers at the intended event/indicator condition.
   • Confirm that your broker or trade assistant tool receives a valid lotSize parameter.
   • Check that no error messages appear (e.g., invalid lot size).

2. Partially Close the Position by Percentage