Using TradingView alerts alongside the Veles indicator system allows you to design more nuanced and responsive strategies.
The bot can be configured to enter a position based on a combination of conditions:
- Triggers from TradingView alerts (configured as separate indicator)
- Selected indicators on the platform with customized settings
A combination of several factors must be met to initiate a position.
Example:
Let’s say the current Bitcoin price is $70,000, and your bot is configured for a long strategy. You have selected TradingView alerts and Bollinger Bands as your entry filters.
- TradingView Alert: You set an alert at $72,000 in TradingView. The price reaches this level, activating the alert.
- Bollinger Band Condition: The specified Bollinger Band filter condition is also met.
- With these conditions satisfied, the bot opens a long position successfully.
