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Examples of simple TV-signal settings

In this section, we have collected options for ready-made settings for you.

1. Opening a simple position for indicator (buy or sell by signal via webhook)

Opening a simple position for indicator (buy or sell by signal via webhook)
This section presents minimum preset settings for opening a position via web hooks on a signal from the indicator on TradingView.
Attention! Indicator and strategy are 2 different entities and they are configured differently. This example specifically for indicator.

Steps for creating opening order via web hooks:

  • Create a new signal. Click on the green plus icon at the top left on singnals page
  • Set webhook name. All characters are supported. For example: Open position
  • Set the order type to BUY (if you open a LONG position)
or SELL (if you open a SHORT position)
  • Turn ON the "Open" tab and Turn OFF the "Close" tab
IMPORTANT! You cannot open a Long position - by sell, and you cannot open a Short position - by buy
  • Set the amount to open an order. If your balance is in usdt, on this example here Sum 100 usdt
IMPORTANT! There are restrictions on the minimum amount and the minimum quantity contract for each token.
For the spot market minimum size of 1 order is 10 USDT, for the futures market - 5 USDT. Also necessary to inclued commissions of the exchange!
More information about the size of the order in the futures market you can find https://www.binance.com/en/support/faq/360033161972 or in our documentation
IMPORTANT! Clicking on the empty checkboxes to the left of the Balance and other checkboxes is not required a! This is required for the advanced trading options
This completes the initial filling of data in Finandy terminal. You need to go to TradingView and create a signal in Alerts. Paste the URL and message code from the Finandy, as shown in the image below.
For the indicator you need to create two different alerts, for long with buy and for short with sell. And now waiting a signal from TradingView.

2. Position averaging (by signal via webhook)

This section presents simple preset settings for position averaging. The averaging signal is used to increase the size of the current already opened position. Averaging occurs by repeated signals after opening a position. Steps for creating a simple averaging order in Finandy via web hooks:
  • Create a new signal. Click on the green plus icon at the top left on singnals page
  • Set webhook name. All characters are supported. For example: INDICATOR DCA
  • Set the order type to BUY (if you need to averaging LONG position)
or SELL (if you open a SHORT position)
  • Let's move on to setting the averaging module. Turn ON the DCA module.
  • Set the amount to open an order. If your balance is in usdt, on this example here Sum 100 usdt
  • Averaging with opened CA.
    If disabled, than averaging will not happen with open averaging CA orders in position.
  • Amount of order averaging. Select the option from the list and enter the value. More information about the types of entered balance here https://docs.finandy.com/management/tradingview-signals/type-of-balance
  • Maximum position size. The position will not be averaged if the sum of the averaging in the signal + the sum of the position exceeds the specified value. Leave blank to remove the limit.
  • One order or a grid of orders. more information about grid of orders https://docs.finandy.com/management/grid-order
You can set restrictions for averaging size by “Maximum position size” parameter, if the sum of the signal + the sum of the already opened position exceeds this value signal will be ignored.
IMPORTANT! Clicking on the empty checkboxes to the left of the SUM and other checkboxes is not required a! This is required for the advanced trading options
After setting up you need to save all changes
IMPORTANT! The created settings can be either separate and be a separate webhook, or it work with the opening settings or hooks for the indicator and/or be part of a strategy algorithm.

3. Closing of simple position for indicator (buy or sell by signal via webhook)

This section presents minimum settings for closing a position via web hooks by signal from the TradingView indicator.
IMPORTANT! Indicator and strategy are 2 different entities and they are configured differently. This example specifically for indicator.

Steps for creating closing order via web hooks

  • Create a new signal. Click on the green plus icon at the top left on singnals page
  • Set webhook name. All characters are supported.
  • Enable only close tab. Now we are setting up on a separate hook, but you can use it in combination with other tabs in one hook
  • Set the order type to SELL (if you close a LONG position)
or BUY (if you close a SHORT position)

Additional settings

You can activate the “Close ALL positions” option, but remember that the option works with ALL open positions in your account. If this parameter is enabled and a signal is received, then all open positions will be closed (according to the positionSide setting) and new ones will not be opened.
IMPORTANT! Clicking on ANY checkboxes is not required! This is required for the advanced trading options
  • After setting up you need to save all changes
This completes the initial filling of data in Finandy terminal. You need to go to TradingView and create a signal in Alerts. Paste the URL and message code from the Finandy, as shown in the image below.

4. Position reversal

Position reversal implies a transition from one position state (for example, LONG) to another (Short) upon receipt of a closing signal from TradingView. A feature of working with the indicator is the creation of 2x independent bots. First is opening (eg Long), second is closing.
IMPORTANT! Attention! Hedge mode must be disabled in order to reverse a position
Let's consider the full settings for this type using the example of opening a LONG position first.

Creating a new signal connection (hook) to LONG.

  • To do this, click on the green plus sign (+) at the top left on the page for working with external signals.
  • Add a custom webhook name. All characters are supported. Example: ReverseLong
  • Set the order type to BUY and enter the amount. Pay attention to the MINIMUM settings in the screenshot. Their repetition guarantees the opening of a position. Please note that only the OPEN tab is active!
IMPORTANT! Clicking on ANY checkboxes is not required! This is required for the advanced trading options

Creating a new signal connection (hook) to SHORT.

  • To do this, click on the green plus sign at the top left on the page for working with external signals. And add a custom webhook name. Example: Open short
  • Set the order type to SELL. Pay attention to the MINIMUM settings. Repeating them will guarantee the opening of a position. Please note that only the "CLOSE "tab is active!
IMPORTANT! - Cannot open a SHORT position - set an order to BUY. Similarly Cannot open a LONG position - set an order to SELL
  • After setting up you need to save all changes

Create alert on Trading view

This completes the initial filling of data in Finandy terminal. You need to go to TradingView and create a signal in Alerts. Paste the URL and message code from the Finandy, as shown in the image below.
More details on all menu items can be found here:

5. Partial position reduction in hedge mode

Description

The main idea behind this strategy is to reduce the current position by signal. It works only on the futures market. It is possible to allocate 2 variants - with bi-directional mode ( hedge mode) and with unidirectional mode ( there is a position reversal). It is recommended to use partial closing in Hedge mode to avoid uncontrolled position volume.

Activating Hedge Mode

Activate Hedge mode. The menu is shown below:
IMPORTANT! Hedge mode can only be activated when all positions in the market are closed.

Signal setting

A separate hook must be set up for partial reduction. Activate ONLY the "Close" tab and adjust the settings as shown below.
  • Reverse/close - for the amount in the signal;
  • Select SUM, USD and enter your SUM by which you want the position to be reduced.
IMPORTANT! We recommend reducing exactly by the USD when setting up the task for the first time. See documentation for other setting options and test before use.

Example 1 - Closing half of a position

  • Open position size ~50 USDT
  • It is set that the size on a partial close is ~25 USDT. Receiving closing signal
  • The balance is ~ 23 USDT. Receive second closing signal - position is closed. The closed positions tab shows the final profit/loss.

Example 2 - Closing more than half of the position

  • Open position size ~50 USDT
  • It is set that the size on a partial close is ~40 USDT. Receiving closing signal
  • The balance is ~ 10 USDT. Receive second closing signal - position is closed. The closed positions tab shows the final profit/loss.
IMPORTANT! We recommend picking a balance larger than the minimum order size allowed in the market. More information about order size