SignalStack works as an order router solution that captures the incoming alerts from charting platforms like TrendSpider or TradingView and converts them into an executed order right into the connected brokerage or exchanges like IBKR or Charles Schwab.
Major stock brokerages and cryptocurrency exchanges including Alpaca, ByBit, Coinbase Pro, Oanda, Tradier, Tradestation, and many more can be connected with SignalStack without the need to code.
In this documentation, we will provide you with an overview of 4 Simple Steps to enable automated trading with SignalStack.
- Step 1: Signing up in SignalStack
- Step 2: Connect Brokers or Exchanges
- Step 3: Configure Stack
- Step 4: Activate Stack
Let's get started 🚀
Step 1: Signing Up For SignalStack
The first step involves completing the sign-up process on SignalStack. In five simple steps, you can onboard yourself to SignalStack.
For more information, please refer to the documentation on Signing Up.
Step 2: Connect Brokers or Exchanges
Next, you will be required to connect the exchange or brokerage where you want the incoming alerts from your trading platform to be automatically converted into executed orders. This can be found under the 'Brokers & Webhooks' tab.
After connecting the cryptocurrency exchange or broker of your choice, all the different types of accounts (whether live or paper accounts) created under the selected broker or exchange shall be fetched automatically.
For more information on connecting brokers or exchanges, please refer to the section on Brokers and Exchanges.
Step 3: Configure Stack
After connecting the broker or exchange, you will be required to configure the stack. This means that you will need to configure your settings for sending orders to your account at the connected brokerage or exchange. This can be found under the 'Documentation' tab.
If you send Buy and Sell automated orders, this requires a Buy and Sell alert in your platform such as TrendSpider or TradingView. Once your order is configured, click on the "Test" button to confirm if the order is formatted correctly.
Upon clicking the "Test" button, the response will be displayed.
If the response is successful, the payload will appear on a light green color background. Then you need to copy and paste this code into your trading platform (more instructions on that below).
If there's an error, the response will appear on a red color background.
Step 4: Activate Stack
The final step to automating your Signals is to set up your alerts in the selected Signal Source to point to your Stack. The steps for setting up the alerts will vary based on the Signal Source platform you have selected in the Second Step.
For more information on setting up the alerts in different Signal Source platforms, please refer to the documentation provided below:
Congratulations
After you've successfully connected your preferred exchange or broker to SignalStack and have configured and activated the stack, you will be all set to have a system in place that will capture the alerts from your selected trading platform and automatically convert them into execute orders directly into your connected exchange or broker.