Platform Overview

Relay by Trado is a webhook-powered trading automation platform that routes your TradingView alerts (or any webhook source) directly to your broker accounts. Execute trades automatically, manage multiple accounts, and scale your strategies — all without writing a single line of code.

Supported Brokers

Currently, Relay by Trado supports WazirX (Futures & Spot trading). More brokers will be added in the future.

Getting Started

Follow these steps to start automating your trades:

API Management

Broker API accounts are the bridge between Relay by Trado and your exchange. You need to add at least one API account before you can deploy to a webhook.

Adding an API Account

Navigate to Dashboard → Manage API and click "Add New API".

Account Features

Webhook Management

Webhooks are the core of the platform. Each webhook has a unique URL that accepts JSON payloads to execute trades on all deployed accounts.

Creating a Webhook

Navigate to Dashboard → Manage Webhooks and click "Create Webhook". Select a broker and provide a name and optional description.

Webhook URL

Each webhook gets a permanent URL that never changes:

POST https://relay.trado.trade/webhook/{webhook_url_id}

Webhook Properties

Webhook Lifecycle

Cooldown (Deduplication)

The platform includes an in-memory cooldown service that prevents duplicate orders from rapid webhook fires. The default cooldown window is 500ms — identical payloads within this window are automatically filtered.

Cooldown service can be turned off for any HFT strategy. This can be done by using the Cooldown Protection toogle in the Edit Webhook Modal.

Webhook Payload & Syntax

The webhook accepts JSON payloads. The platform supports three parser formats detected automatically.

Parser Detection (Priority Order)

Standard Payload Format

{
  "action": "ENTRY",
  "symbol": "BTCINR",
  "side": "BUY",
  "quantity": 0.001,
  "price": 0,
  "order_type": "market_order",
  "leverage": 10,
  "margin_mode": "ISOLATED",
  "take_profit_price": 105000,
  "stop_loss_price": 95000,
  "margin_currency_short_name": "INR"
}

WazirX Futures Payload Format

{
  "AT": "WAZIRXFUTURE",
  "ID": "ENTRY",
  "S": "BTCINR",
  "SD": "BUY",
  "Q": 0.001,
  "P": 0,
  "LVG": 10,
  "MT": "ISOLATED",
  "TP": 105000,
  "SL": 95000,
  "margin_currency_short_name": "INR"
}

Complete Field Reference

Quantity Calculation

The final executed quantity is calculated as:

Final Quantity = roundUp(quantity × multiplier, stepqty)

// Dynamic sizing modes (set via qty_type):
CAPITAL_PCT: quantity = (available_balance × percent / 100) / pricePerContract
MARGIN_PCT:  quantity = (available_balance × percent / 100 × leverage) / pricePerContract
SIZE_INR:    quantity = amount / pricePerContract
MARGIN_INR:  quantity = (amount × leverage) / pricePerContract

Quantity Modes (qty_type)

By default quantity is an absolute amount that the deployment multiplier is applied to. Set qty_type to size each account dynamically instead. The percentage modes use the account's own balance; the amount modes use a fixed value in the margin currency (INR/USDT).

Example — fixed ₹10,000 position size:

{
  "AT": "WAZIRXFUTURE",
  "action": "ENTRY",
  "symbol": "BTCINR",
  "side": "BUY",
  "quantity": 10000,
  "qty_type": "SIZE_INR",
  "leverage": 10,
  "margin_currency_short_name": "INR"
}

Example — fixed ₹5,000 margin at 5×:

{
  "AT": "WAZIRXFUTURE",
  "action": "ENTRY",
  "symbol": "ETHINR",
  "side": "SELL",
  "quantity": 5000,
  "qty_type": "MARGIN_INR",
  "leverage": 5,
  "margin_currency_short_name": "INR"
}

Binance Symbol Conversion

If your alert source sends symbols in Binance futures notation, set binance_symbol: true and the platform converts the symbol to WazirX format automatically before execution.

{
  "AT": "WAZIRXFUTURE",
  "action": "ENTRY",
  "symbol": "NEWTUSDT.P",
  "side": "BUY",
  "quantity": 100,
  "binance_symbol": true,
  "margin_currency_short_name": "INR"
}

Supported Actions (9 Types)

{
  "AT": "WAZIRXFUTURE",
  "action": "ENTRY",
  "symbol": "BTCINR",
  "side": "BUY",
  "quantity": 0.001,
  "leverage": 10,
  "margin_mode": "CROSS",
  "take_profit_price": 105000,
  "stop_loss_price": 95000,
  "margin_currency_short_name": "INR"
}

{
  "AT": "WAZIRXFUTURE",
  "action": "ENTRY",
  "symbol": "BTCINR",
  "side": "BUY",
  "quantity": 0.001,
  "leverage": 10,
  "stop_loss_price": 2,
  "take_profit_price": 5,
  "sl_tp_mode": "PERCENTAGE",
  "margin_currency_short_name": "INR"
}

{
  "AT": "WAZIRXFUTURE",
  "action": "ENTRY",
  "symbol": "BTCINR",
  "side": "BUY",
  "quantity": 0.001,
  "leverage": 10,
  "stop_loss_price": 500,
  "take_profit_price": 1000,
  "sl_tp_mode": "POINTS",
  "margin_currency_short_name": "INR"
}

{
  "AT": "WAZIRXFUTURE", 
  "action": "EXIT",
  "symbol": "BTCINR",
  "side": "SELL"
  "quantity": 0.001,
  "leverage": 10,
  "stepqty": 0.001,
  "step": 0.1,
  "margin_currency_short_name": "INR"
}

{
  "AT": "WAZIRXFUTURE", 
  "action": "PARTIAL_EXIT",
  "symbol": "BTCINR",
  "percent": 50,
  "margin_currency_short_name": "INR"
}

{
  "AT": "WAZIRXFUTURE", 
  "action": "FLIP",
  "symbol": "BTCINR",
  "side": "SELL",
  "quantity": 0.001,
  "leverage": 10,
  "margin_currency_short_name": "INR"
}

{
  "AT": "WAZIRXFUTURE",
  "action": "FLIP",
  "symbol": "BTCINR",
  "side": "SELL",
  "quantity": 0.001,
  "leverage": 10,
  "complete_exit_before_flip": true,
  "margin_currency_short_name": "INR"
}

{
  "AT": "WAZIRXFUTURE", 
  "action": "CLOSE_SYMBOL",
  "symbol": "BTCINR",
  "margin_currency_short_name": "INR"
}

{
  "AT": "WAZIRXFUTURE", 
  "action": "CLOSE_ALL",
  "margin_currency_short_name": "INR"
}

{
  "AT": "WAZIRXFUTURE",                  
  "action": "CANCEL_ALL_ORDERS",
  "margin_currency_short_name": "INR"
}

{
  "AT": "WAZIRXFUTURE",
  "ID": "ENTRY",
  "SYMBOL": "BTCINR",
  "SIDE": "B",
  "QTY": 0.001,
  "LVG": 10,
  "take_profit_price": 10500000,
  "stop_loss_price": 9500000
}

{
  "AT": "WAZIRXFUTURE",                  
  "action": "SKIP"
}

Account Deployment

Deploying an account to a webhook links your broker account to receive and execute trade signals from that webhook.

Deployment Settings

Deployment Notifications

You receive email notifications for every deployment-related action:

Notification emails include: webhook name, exchange, account name, client ID, multiplier, status, access type (Private/Public/Listed), who performed the action (Owner/Subscriber), and timestamp.

Access Control

Manual Trading Actions

In addition to webhook-triggered trades, you can execute trades manually from the dashboard. These actions are available on both webhooks and copy groups.

Execution Results

SKIPPED occurs when: account is inactive, no position found for exit, or outside trading hours. COOLDOWN occurs when the same payload is sent within the cooldown window.

Copy Groups

Copy Groups allow you to execute trades simultaneously across multiple member accounts. The group owner can perform actions on all members' deployed accounts.

How It Works

Member Settings

Owner Dashboard

As a group owner, you can view:

Invite-Only Groups

You can restrict group membership by enabling invite-only mode. Only users whose client_id is in the invite list can join the group.

Copy Trading

Discover and follow expert traders. Subscribe to their published webhooks and deploy your accounts to automatically copy their trades.

Subscribing to a Webhook

Marketplace

The marketplace lets you discover published strategies from other traders. As a creator, you can publish your webhooks and share your trading expertise.

For Creators

Strategy Details

Published strategies can include detailed performance information:

Email Notifications

The platform sends email notifications for important events to keep you informed about your account activity.

Deployment Notifications

Each email includes: webhook name, exchange, account name, client ID, multiplier value, status, access type, who performed the action, and timestamp.

Trading Time Windows

Set specific hours during which your account should execute trades. Orders received outside the window are automatically skipped.

Configuration