When your alert fires, HookTrader places the trade, sets stops and take-profits on the exchange, and manages the position until it closes. No code.
Stops live on the exchange
Your SL and TPs are orders on the exchange. They fire whether HookTrader is up or not.
Market-order triggers
Native algo orders fill at the trigger, even on a wick that gaps through it.
Keys encrypted, never withdrawal
Trade and read permissions only. Revoke on your exchange any time.
Paper trading, no keys needed
Run any strategy on live Binance or Bybit prices before you connect an account.
BinanceLive and paper
BybitPaper now, live comingExchange names and logos are trademarks of their respective owners. HookTrader is not affiliated with, endorsed by or sponsored by any exchange.
Most webhook automation tools were built as hobby projects. HookTrader is built for people running real strategies on real money.
Stops and targets are placed as the exchange's own native orders. They fire as market orders the moment your trigger price is hit, even on a wick that gaps through it. Limit-based tools leave you exposed during the moves that matter most.
Connect your exchange key, paste the webhook URL into TradingView, fire your first alert. If you are not live in five minutes, we will work it through with you on the spot.
Every fill, stop move, and take-profit hit is logged and checked against the exchange's own record.
Each level runs an ordered action list: move the stop to break-even, take a percentage off, start the trail, or close.
A target can start a trailing stop at a distance you set. HookTrader then keeps your exchange stop order that far behind the best price, tick by tick and never back, so it rests on the exchange whether or not your connection does.
HookTrader bot
ETHUSDT long opened
Strategy "Trend Rider" opened a long ETHUSDT position: 0.5 at 2,514.78.
Open in HookTrader
ETHUSDT long closed: +41.33 USDT net
Strategy "Trend Rider": your long ETHUSDT closed at TP1 (exit 2,600). Net P&L +41.33 USDT (gross +42.61 USDT, fees 1.2787 USDT).
Open in HookTrader
Connect Telegram once. The HookTrader bot messages you when a trade opens, hits a target or stop, and closes, with its net P&L. Choose which events, per strategy.
Every screen below is the real dashboard, running on paper-trading data — no live funds involved.
A walkthrough of connecting Binance, wiring a TradingView alert, and watching HookTrader manage the trade to close.
Live trading runs on Binance. Add your API key and we encrypt it before it touches our database. A paper account needs no key and follows Binance or Bybit prices, with more exchanges to come.
Each strategy gets its own webhook URL. Copy it into your TradingView alert and define your TP/SL plan in JSON — or pick a template and adjust.
{
"v": 2,
"type": "entry",
"symbol": "{{ticker}}",
"ts": {{timenow}},
"side": "long",
"entry": {{close}},
"sl": 49000,
"tps": [51000, 52000],
"qty": 0.01
}When TradingView fires your alert, HookTrader places the order, sets the brackets at your fill price, and manages the trade until it closes. You watch from the dashboard or get on with your day.
Most of the difference is where your stops live and what happens when price gaps.
| Feature | HookTrader | DIY script |
|---|---|---|
| Stops and TPs are exchange orders | Yes | If you build it |
| Triggers fill as market orders | Yes | If you build it |
| Up to 10 TP levels with actions | Yes | No |
| Paper trading with no API keys | Yes | No |
| Fills reconciled against exchange records | Yes | No |
| No code, no server to run | Yes | No |
Based on publicly documented behaviour of common alternatives as of September 2026.
More questions answered in the full FAQ.
Create a free account and run it on paper today — no card, no invite. Want it live? Upgrade to Solo from Settings; it costs nothing during early access.
Need more than Solo? Apply for a Pro invite.
Free needs no card, no API key · Upgrade to Solo from Settings, free during early access · Pro is by invite · Start free instead
