SignalBot to integrate Robinhood with TradingView for Automated Trading
I’m a SignalBot beta tester and have been using their service for several months now, without a hitch. Their alert API is the best in the market and trumps the internal TradingView alerts by an incredible margin. How they were able to integrate into TradingView the way they did seems like voodoo magic, but whatever.. It works flawlessly. But I’m not here to talk about their alert API, I’m here to talk about a whole new feature they’re adding that I’ve been drooling to be able to use: TradingView and Robinhood integration. That’s right, SignalBot just announced that they are going to be integrating Robinhood with TradingView to provide an automated “bot” for trading on the Robinhood platform. This is incredible news for the millions of algorithmic traders on TradingView that are looking for a free trading solution that can be completely automated using their favorite graphing library, TradingView.
This is an incredible feat considering Robinhood doesn’t have an official API for public consumption. The ability to provide this type of service is not only paramount to the trading industry, it’s one that has been in extreme demand since Robinhood had emerged in the market. This is exciting news indeed, considering the vast amounts of resources available to the TradingView platform.
Why is this so important? If you don’t know already, TradingView has some of the best indicators in the market, with tens of thousands of existing trading strategies built on their Pinescript system. This means that there’s a trading strategy already on there that is profitable and can easily be backtested. The ability to automate these strategies on a free trading platform such as Robinhood is simply awesome!
I emailed them and received a response about the integration fairly quickly. They weren’t able to provide me with the exact date that it will be available, but they promised it would be within the first quarter of 2021, and as an existing beta tester, I’ll be one of the first ones in line to get to use it.
If you haven’t already, check out SignalBot and sign up as a beta tester. They’re not charging for the beta portion, but whenever they do start charging, their fees appear to be incredibly affordable, especially considering this is the only official solution I’ve been able to find so far that will integrate these two incredible platforms.