SETUP GUIDE
TRADINGVIEW · BASIC & ELITE

TRADINGVIEW SETUP

The dead-simple, screenshot-by-screenshot walkthrough — from a blank chart to fully automated trades. Works for Basic and for Elite members who'd rather run on TradingView than NinjaTrader. Never traded before? Every new term is explained right where you need it.

START HERE
WHAT YOU NEED TO GET STARTED
Four pieces work together to turn a chart into automatic trades. You've already got the first one — here's the whole picture in plain English, no trading jargon. Grab the other three (links below) and you're ready for the steps.
Falcon AI
Falcon AI
The engine — you have this
The AI that watches the chart, spots the setups, and fires the buy/sell signals. It doesn't hold money or place orders itself — it's the brain. This is your subscription: Basic runs on TradingView, Elite adds native NinjaTrader.
Your subscription
🏦
A broker or prop firm
Where the money & trades live
The account that actually holds funds and executes trades. A prop firm (Apex, Topstep, Take Profit, Tradeify) funds you with their money for a fee and a quick eval; a broker (Tradovate, NinjaTrader, IBKR) uses your own cash. Either way, this is where Falcon's trades land.
Pick one to fund
📈
TradingView
The chart Falcon runs on
The charting website where you load the Falcon indicator. Free to sign up — but you need a paid plan for the alerts/webhooks that actually send trades out.
Get TradingView →
🔗
PickMyTrade
The bridge that auto-fires trades
The messenger that catches Falcon's TradingView alert and places the trade in your broker/prop automatically — no clicking, no watching screens. Tradovate uses its separate pickmytrade.trade plan (more on that below).
Get PickMyTrade →
Gold box = exactly where to click / look Each step builds on the last — follow them in order.
1
PART ONE
LOAD FALCON ON YOUR CHART
1
Open an MNQ1! chart. Top-left, type MNQ1! — the Micro E-mini Nasdaq, the contract Falcon trades. Set the timeframe to 15m or 30m (Falcon runs on both).
TradingView MNQ1! chart with the symbol and timeframe highlighted
2
Add the Falcon indicator. Click IndicatorsInvite-only scriptsFalcon AI | BASIC. (Elite-on-TradingView users pick Falcon AI | ELITE instead.)
Indicators dialog, Invite-only scripts, Falcon AI BASIC
3
Pick your config. Double-click the indicator's name to open its settings, then choose your Session Mode — we recommend RAPTOR · EXTENDED on a 15-min chart, our strongest config in live results. The defaults are pre-tuned — don't change anything else.
Falcon indicator settings, Session Mode dropdown highlighted
📐 Automatic risk sizing + the MNQ Multiplier

Falcon now sizes every trade for you automatically — scaling position size down in fast, volatile conditions to protect your account. It's built in; nothing to set. To trade more contracts on a bigger account, set the MNQ Multiplier in the indicator settings: 1 = standard size; 2 / 3 / 4… scale up proportionally with the same volatility protection (the multiplier carries through to your alert quantity, so PickMyTrade sizes accordingly). Match it to your account; don't set it higher than you can comfortably handle. (MNQ only — other markets use the Contracts field.)

2
PART TWO
CONNECT YOUR BROKER IN PICKMYTRADE
Falcon spots the trade; PickMyTrade is the messenger that places it in your broker or prop account. You set that up once.
4
Add your platform. In PickMyTrade → Connected Accounts, open the platform dropdown and pick your broker/prop — Rithmic, ProjectX, Tradovate, IB, and more.
PickMyTrade connected accounts, platform dropdown highlighted
⚠ TRADOVATE & PROJECTX — READ THIS

These two need a separate PickMyTrade plan. Tradovate runs on pickmytrade.trade (~$50/mo, its own account) and opens a different "classic" layout to log in. ProjectX, Rithmic, IB, TradeLocker & TradeStation run on pickmytrade.io. Need both Tradovate and one of the others? You'll need two PickMyTrade accounts.

PickMyTrade classic layout for Tradovate
5
Connect it. Enter your prop firm email + API key — this is not your password; use How to Generate API key if you don't have one — and your prop firm name, then Create. Wait for it to show Connected.
PickMyTrade ProjectX connection form
6
Generate your alert code. Go to Generate Alert, pick your connected account, and copy the code block. Your private token & account ID live inside this code — keep it to yourself. You'll paste it into TradingView in step 10.
PickMyTrade Generate Alert JSON code, sensitive values blurred
3
PART THREE
WIRE THE ALERT
One TradingView alert connects the chart to PickMyTrade. After this, it's hands-off.
7
Start the alert. Back on your chart, right-click anywhere → Add alert on MNQ1!
Chart right-click menu, Add alert highlighted
8
Set the condition. Condition → Falcon AI (Basic or Elite). Set the second dropdown to Order fills only — this fires on Falcon's real entries and exits (both are order fills). Do not choose "alert() function calls" or "Order fills and alert() function calls": those send a second, token-less message PickMyTrade can't authenticate, which causes errors and delayed or duplicate fills.
Create alert, Condition set to Falcon AI
The greyed-out numbers next to "Falcon AI" are Falcon's internal settings — they're blurred here on purpose. You never touch them.
9
Add the webhook. Open the Notifications tab, check Webhook URL, and paste PickMyTrade's address:
Alert Notifications tab, Webhook URL field
Rithmic · ProjectX · IB · TradeLocker · TradeStationhttps://api.pickmytrade.io/v2/add-trade-data-latest
Tradovatehttps://api.pickmytrade.trade/v2/add-trade-data-latest
Paste the URL only — never add your token to it. Your token rides inside the message in the next step.
10
Paste the code & create. Open the Message box, paste the code you copied in step 6, then click Create. That's it — you're automated.
Alert message box where the PickMyTrade code is pasted
BEFORE YOU GO LIVE
Run it on SIM / paper first for a few days — never go live on day one.
Keep your Falcon subscription and PickMyTrade plan active — Falcon checks the sub on start.
Always trade the front-month MNQ contract (the active one).
Stuck on any step? Ask in Discord #ask-the-team — fast answers.
Trading futures involves real risk of loss. Falcon is a tool, not a guarantee — past results don't promise future ones.
Prefer NinjaTrader? → NinjaTrader setup guide Quick checklist → printable version 14-day Setup Guarantee · thefalconai.com

Falcon AI is operated by Falcon AI LLC (Florida, USA) and provides educational trading tools — NOT financial advice, and is not a registered investment adviser, broker-dealer, or NFA member. PickMyTrade and TradingView are third-party services with their own subscriptions and terms. Futures trading involves substantial risk of loss and is not suitable for everyone.