Webhook Signal Trading on Bybit automates derivatives trading (Perpetual and Futures contracts) by integrating TradingView alerts. This feature streamlines strategy execution, reducing manual intervention while maintaining precision. Below is a comprehensive guide to configuring and optimizing this tool.
Key Considerations Before Setup
⚠️ Important Notes:
- TradingView Subscription: A paid plan (Essential/Plus/Premium) is required for webhook functionality.
- Security: Never share your webhook URL to prevent unauthorized trades or scams.
- Third-Party Risks: Bybit isn’t liable for signal delays/losses or resulting trading losses.
- Availability: Exclusive to Derivatives (USDT/USDC Perpetual, Inverse Perpetual/Futures) on Bybit’s website. Requires a funded Unified Trading Account.
Step-by-Step Setup Guide
1. Create a Webhook on Bybit
- Navigate to Trade → Select contract → Tools → Webhook Signal Trading.
- Click Create Now and confirm the terms.
Configuration:
- Symbol: Match your TradingView strategy’s symbol.
- Position Mode: Must be One-Way (Hedge Mode unsupported).
- Signal Name: Assign a unique identifier for tracking.
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2. Configure TradingView Strategy
Steps:
- Open Strategy Tester on TradingView and load your strategy.
Adjust parameters:
- Set initial capital to your Bybit balance.
- Define order size (contracts for Inverse; BTC/USDT for Perpetuals).
Create an Alert:
- Paste Bybit’s message template into the alert settings.
- Insert the Webhook URL under notifications.
- Click Run Webhook.
Note: Only strategies (not indicators) are supported. Verify script type in Pine Editor (Strategy vs. Indicator).
3. Monitor and Manage Signals
View Details: Go to Tools → Webhook to check:
- Signal Name, Trigger Time, Realized P&L, Creation Time.
- Access Details for Webhook URL, message template, and trade history.
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Termination and Troubleshooting
Manual Termination
- Navigate to Tools → Select signal → Terminate or Pause.
Auto-Termination Triggers
- 10 consecutive order failures.
- Unsupported contract/position mode (e.g., Hedge).
- Incomplete parameters or nearing Futures delivery.
- Account restrictions or exceeding strategy limits (5/symbol; 30/UID).
Order Limits and Errors
| Error Message | Cause | Solution |
|--------------|-------|----------|
| Signal delay | Latency in transmission | Retry or adjust strategy timing. |
| Invalid symbol | Unsupported/delisted pair | Switch to an active contract. |
| Missing parameters | Incomplete template | Re-copy Bybit’s message template. |
| Insufficient balance | Low margin | Fund your Unified Account. |
| Risk limit exceeded | Tier constraints | Adjust risk limits in preferences. |
FAQ
Q1: Can I use free TradingView plans for webhooks?
A: No. Paid subscriptions (Essential/Plus/Premium) are mandatory.
Q2: Why is Hedge Mode unsupported?
A: Webhook trading optimizes One-Way positions for streamlined execution.
Q3: How do I avoid order failures?
A: Ensure sufficient funds, correct symbol/position mode, and updated parameters.
Q4: What if my signal is delayed?
A: Bybit cancels orders if delays risk strategy deviation. Optimize alert frequency.
Q5: Can I run multiple strategies simultaneously?
A: Yes—up to 5 per symbol and 30 per UID.
Q6: Where can I review executed trades?
A: Check Tools History → Filter by Webhook for detailed logs.
Bybit’s Webhook Signal Trading merges automation with precision, empowering traders to execute strategies efficiently. Follow this guide to harness its full potential while mitigating risks.