Guide / Checked Nov 2026
TradingView paper trading bot
Nyria turns each TradingView alert into a free paper order. There is no login, key or token to hand over. Up to 10 paper bots run without a plan.
Official documentation
Five steps to a paper bot
- 1
Create a strategy
Select Create strategy with TradingView as the alert source. Pick stocks, options or crypto and set what an entry and an exit do.
- 2
Paste the webhook URL into TradingView
Create an alert on your chart. Under Notifications, tick Webhook URL, paste the strategy URL in and select Apply. The free TradingView plan can't send webhooks.
- 3
Deploy a bot on Nyria Paper
Deploy a bot on Nyria Paper and set a Budget per entry. There is no login, key or token to hand over.
- 4
Let real alerts fire
Run it for a week or two. The Logs tab shows the ticker, side and contract Nyria read.
- 5
Move to a broker
Alpaca issues separate paper and live API keys. Tradier's sandbox takes an access token. Schwab and tastytrade connect live accounts only, so run the strategy here first.
Alert messages for a paper bot
Entry alert
{ "ticker": "NVDA", "action": "buy" }Exit alert
{ "ticker": "NVDA", "action": "sell" }Option entry alert
{ "ticker": "SPY", "action": "OPEN", "direction": "LONG" }Option exit alert
{ "ticker": "SPY", "action": "CLOSE", "direction": "LONG" }TradingView paper trading automation
- Nyria Paper is the simulated broker built in.
- Point a TradingView webhook at the strategy and deploy a bot on Nyria Paper.
- No order reaches a broker or exchange and no money moves.
- A market order fills at the ask to buy and the bid to sell.
- It uses the quote Nyria read when the alert arrived, and never slips.
- Alert to order, sub-second.
What fills on Nyria Paper
- Stocks and ETFs.
- Single legs and spreads up to 4 legs fill from the live chain.
- Options fill only while the options market is open.
- An options alert outside those hours is refused, not queued. The log says so.
- Crypto spot fills at any hour, weekends included.
- An alert at 2 a.m. on a Sunday gets that moment's quote.
Sizing a paper bot
- Each bot sizes orders from its budget per entry.
- Options are priced per contract, and one contract covers 100 shares.
- A $2.00 premium costs $200 a contract.
- So a $500 budget buys 2 contracts and spends $400.
From paper to a broker
- Paper trading is free on every plan and needs no card.
- Alpaca issues separate paper and live API keys.
- Tradier's sandbox takes an access token.
- Charles Schwab and tastytrade connect live accounts only. Run the strategy on Nyria Paper first.
- A live bot needs a Nyria Pro plan, or a Premium strategy you've bought.
What it can't do
- Reach a broker. No order leaves Nyria Paper and no money moves.
- Fill an options alert outside market hours. It's refused, not queued.
- Slip. A paper fill uses the quote Nyria read when the alert arrived.
- More than 10 paper bots without a plan.
- Detect a repainting script.
Questions
- Can I automate TradingView paper trading alerts?
- Yes. Nyria turns each TradingView alert into a free paper order on Nyria Paper.
- Is a TradingView paper trading bot free?
- Yes. Paper is free and needs no card. Up to 10 paper bots run without a plan.
- Do I need a broker account to paper trade?
- No. There is no login, key or token to hand over. No order reaches a broker or exchange.
- Does the paper bot trade options?
- Yes. Single legs and spreads up to 4 legs fill from the live chain. Only while the options market is open.
- Does it trade crypto on weekends?
- Yes. Crypto spot fills at any hour, weekends included.
- How many paper bots can I run?
- Up to 10 paper bots run without a plan.
- How do I go live after paper?
- Connect a broker and deploy a second bot on it. A live bot needs a Nyria Pro plan, or a Premium strategy you've bought.
- Which TradingView plan sends webhooks?
- Any paid plan with two-factor authentication on. The free plan can't send webhooks.
- What does it cost?
- Paper is free. Live trading from $15 a month.
Next
- Paste an alert into the alert tester to see how Nyria reads it.
- Write a TradingView message with the alert builder.
- Step by step for one account: how to automate TradingView to Nyria Paper.
- Step by step for one account: how to automate TradingView to Alpaca.
Guides
Forward test a TradingView strategy free
Up to 10 paper bots, simulated fills, live market data.
Read guideHow to connect TradingView to Tradier
Tradier sign-in for live, sandbox credentials for paper. One webhook URL for the alerts.
Read guideHow to connect TradingView to Alpaca
One Alpaca API key, paper or live. A webhook URL turns alerts into orders.
Read guideBroker sandbox vs paper trading
What Nyria Paper, Tradier's sandbox and Alpaca paper each prove.
Read guideHow do I test a TradingView webhook before going live?
Alert tester, Check format, then a Nyria Paper bot. Nothing live is touched.
Read guideHow do I move a paper trading bot to live trading?
Go live starts a new live bot with your paper settings. Same webhook URL.
Read guideTry a paper bot first
No card required. Paper is free. Live trading from $15 a month.