Getting Started
Everything you need to know to use SaveMyTrade effectively.
What SaveMyTrade Is
SaveMyTrade is a behavioral enforcement system for TradingView. It helps you stick to your own trading rules by enforcing the limits you set.
Set your rules when you're thinking clearly. SaveMyTrade enforces them when you're not.You define your daily loss limit, your maximum number of trades, your cooldown after consecutive losses, and your trading hours. SaveMyTrade monitors your TradingView session in real time and enforces the rules you configure.
What SaveMyTrade Is Not
SaveMyTrade is not a broker. It does not place, modify, or cancel trades on your behalf. It does not connect to your brokerage account directly.
SaveMyTrade is not an execution tool. It enforces discipline by blocking new order entry when your rules are triggered. It does not provide trading signals, strategies, or financial advice of any kind.
Before You Start
How to Set Your Rules
Open your dashboard and configure these rules before your first trade of the day:
- Daily Loss Limit - The maximum dollar amount you are willing to lose in a single trading day. Once hit, trading is locked for the rest of the day.
- Consecutive Loss Cooldown - After a streak of losing trades in a row, a timed cooldown activates. You must wait before entering new trades.
- Max Trades Per Day - A warning appears when you approach your trade limit. This helps prevent overtrading.
- Trading Hours - Define the hours you want to trade. Outside those hours, a visible reminder stays on screen.
- Session Start and End - Set when your trading day begins and ends. This controls when your daily counters reset.
Rules lock after your first trade. Any changes apply to the next trading day.
How to Use SMT During Trading
Once your rules are set and TradingView is open, trade as you normally would. SaveMyTrade runs silently in the background and only intervenes when a rule is triggered.
The HUD on TradingView shows your session progress in real time. You do not need to interact with it. Just trade your plan and let the system enforce the boundaries you defined.
If you are away from your computer for an extended period, SaveMyTrade will automatically sign you out after 5 hours of inactivity to protect your session.
What the HUD Shows
The HUD (Heads Up Display) appears on TradingView when the extension is active. It shows:
- Unrealized - Your current open position P&L.
- Realized - Total closed P&L for the session.
- Trades - Number of closed trades versus your daily limit.
- Loss Streak - Consecutive losses versus your cooldown trigger.
- Daily Limit - How close you are to your daily loss limit.
- Status - Current state: Active, Cooling Down, or Locked Out.
The HUD can be minimized or dragged to a different position on the page.
What Happens When a Rule Is Hit
Consecutive loss cooldown: A timed pause appears on screen. New order entry is blocked during the cooldown period. You can still cancel or close existing positions.
Daily loss limit: A full lockout overlay appears. Order buttons are disabled for the rest of the trading day. You cannot place new trades until the next session reset. You can still cancel or close existing positions.
Overtrading: A warning appears when you are approaching your trade limit. This is a reminder, not a hard block.
Trading hours: If you trade outside your configured hours, a visible banner reminds you that you are off-schedule. You can still trade, but the reminder stays visible.
What "Rules Lock After First Trade" Means
Once you open your first trade of the day, your rules are locked for the current session. This prevents you from loosening your limits mid-session when emotions are running high.
You can still edit your rules on the dashboard while locked. Any changes you make will apply at the start of your next trading day, not the current one.
Supported Platforms and Instruments
SaveMyTrade works as a Chrome extension on TradingView.
SMT includes explicit support for the following futures instruments in its Tradovate integration:
TradingView Paper Trading is also supported. In that mode, SMT reads P&L from the TradingView interface rather than the Tradovate fills mapping used for the instruments listed above.
Common Mistakes to Avoid
- Not setting rules before trading. If you start trading without configuring your rules first, the system cannot protect you from the start.
- Trying to bypass limits by refreshing or logging out. SaveMyTrade persists your session data. Refreshing TradingView, closing tabs, or logging out and back in will not reset your daily counters.
- Setting loss limits too loose. A $5,000 daily loss limit on a $10,000 account is not protection. Set limits that reflect your actual risk tolerance.
- Ignoring the HUD status. The HUD shows your session state in real time. If it says "Cooling Down" or "Locked Out," that is the system doing its job. Do not fight it.