Are you a TradingView enthusiast seeking to automate your trading strategy?
Look no further – Xerolite is the solution you’ve been waiting for. Elevate your trading experience by effortlessly turning TradingView alerts into real orders with the power of Xerolite.
Explore the simplicity and efficiency of automated trading, ensuring timely executions and maximizing your trading potential. Discover how Xerolite can revolutionize your approach to trading. Take the next step towards precision and profitability!
Key Features
TradingView Integration:
Seamlessly connect your TradingView alerts (Or Similar Alert broadcasting platform) to Xerolite
Whitelisting Capabilities:
Take full control of your trading by whitelisting specific conditions or parameters that trigger trade executions, providing enhanced precision and risk management.
Customizable Strategies:
Define and fine-tune your trading strategies using TradingView’s robust alert system, tailored to your unique trading style and preferences.
Please contact us if you need to to create a customized strategy
Real-Time Execution:
Experience rapid order execution with Xerolite’s real-time capabilities, ensuring timely responses to market movements and opportunities.
User-Friendly Interface:
Xerolite’s intuitive interface makes it easy for traders of all levels to set up, monitor, and adjust automated trading strategies with ease.
Broker Integration with XeroLite
XeroLite is currently connected to Interactive Brokers, providing seamless integration for your trading needs. Our platform is designed for flexibility, ensuring a smooth experience for traders using Interactive Brokers.
Expand Your Broker Options:
XeroLite offers broker integration on demand. If you’re interested in connecting to a different broker, let us know! For popular brokers, we may even offer this service at no cost or a reduced fee, potentially adding it to our base features. Contact us to explore your options and expand your trading capabilities.
Contact Us For Other Broker Integration
FAQ
What is Xerolite?
Xerolite is a program that acts as a bridge between TradingView and Interactive Brokers (IB). It instantly routes incoming webhook alerts from TradingView and executes them as market orders in IB without any additional processing, validation, or delay.
How does Xerolite work?
Xerolite continuously listens for TradingView alerts. When it receives a signal, it immediately places a corresponding market order in Interactive Brokers based on the alert details. The system does not modify, hold, or delay order execution.
What type of orders does Xerolite support?
Xerolite's latest stable release supports only MARKET orders on Interactive Brokers. However, the beta version (v1.0.0-beta) also includes support for LIMIT orders.
These orders are executed based on the action specified in the TradingView alert, such as buying or selling a particular instrument.
What information is required in the TradingView alert?
Users can generate a sample alert message inside Xerolite to ensure the correct format before configuring their TradingView alerts.
Does Xerolite validate or modify incoming alerts?
No, Xerolite does not validate, modify, or process alerts in any way. It simply forwards them as they are received to Interactive Brokers for immediate execution.
Does Xerolite require Interactive Brokers' Trader Workstation (TWS)?
Yes, TWS must be installed, logged in, and running for Xerolite to place orders successfully. The program depends entirely on TWS to interact with Interactive Brokers.
Can Xerolite work with IB Gateway instead of TWS?
Yes, Xerolite is designed to work specifically with TWS or IB Gateway.
Does Xerolite introduce any delays in order execution?
No, Xerolite does not introduce any delays. Orders are placed in Interactive Brokers as soon as the TradingView alert is received. However, actual execution speed depends on machine specification, IB’s order processing, and market conditions.
Can changes in Interactive Brokers’ TWS affect Xerolite?
Yes, since Xerolite is closely integrated with TWS, any updates, limitations, or changes in TWS may impact its performance and functionality. Users should stay updated with IB’s changes to ensure continued operation.
Can Xerolite execute advanced order types like take profit (TP), stop loss (SL), or manage orders?
The latest stable release of Xerolite only supports MARKET orders. For advanced features such as Take Profit (TP), Stop Loss (SL), and limit orders, these are currently available in the beta version v1.0.0-beta. However, order management and additional automation are not covered. For further assistance, please contact us at info@xeroflex.com or refer to the advanced version of our software, XeroPro
