OptionTrigger vs Lune Auto Trader
Reviewed by Ethan Jiang · Last updated: May 22, 2026
TL;DR
OptionTrigger is a TradingView options execution extension (chart clicks + auto TP/SL, IBKR live). Lune Auto Trader is webhook relay: TradingView alert automation with broker connections.
Choosing between OptionTrigger and Lune Auto Trader comes down to whether you need **chart-native options execution** or **webhook relay**. This page compares features, pricing, and ideal users so you can pick the right stack in 2026.
Quick comparison
| Feature | OptionTrigger | Competitor |
|---|---|---|
| TradingView chart UI orders | Yes — click levels on chart | No — alert/webhook driven |
| One-click options orders | Yes | Via alerts |
| Auto TP/SL on options | Yes — built for option ticks | Configurable via alerts |
| Webhook / TV alert JSON required | No | Yes |
| Single-leg options on TradingView chart | Yes — one-click from chart | Depends on setup |
| IBKR TWS / Gateway | Yes | Often |
| Moomoo OpenD | In development (IBKR live today) | Rare / none |
| Paper trading | Free unlimited | Varies |
| Local order routing | Yes — desktop backend | Cloud relay |
| Starting price | $0 paper / $1/mo Premium (beta) | From ~$49/mo |
Strengths of the alternative
- Competitive pricing vs larger webhook platforms
- Straightforward alert-to-broker path
Limitations
- Same webhook dependency as other relay tools
- Limited differentiation for visual options planning
Where OptionTrigger differs
Lune Auto Trader routes TradingView alerts through webhooks to your broker. OptionTrigger skips that layer: you draw and click on the chart, and orders go through a local broker backend with options-native TP/SL. You do not need TradingView Pro alert JSON for basic execution.
Pricing
OptionTrigger: free paper trading, Premium from $1/mo (beta). Lune Auto Trader: paid plans from about $49/mo. See each vendor's site for current tiers.
Who should use which?
Choose Lune Auto Trader if: Budget-conscious alert automation users. Choose OptionTrigger if: you who do not want to maintain alert JSON for every setup.
Try OptionTrigger
Free paper trading · IBKR integration · One-click options from TradingView charts.
FAQ
Is OptionTrigger better than Lune Auto Trader?
It depends on your workflow. Lune Auto Trader is webhook relay — best for Budget-conscious alert automation users. OptionTrigger fits traders who want chart-native single-leg options execution with IBKR and auto TP/SL without webhook setup.
Can I use OptionTrigger and Lune Auto Trader together?
Some traders keep webhooks for systematic alerts and use OptionTrigger for discretionary chart trades. They solve different execution paths.
Does OptionTrigger require TradingView Premium?
OptionTrigger works with TradingView chart access you already use. Webhook-based tools often require alert-capable plans; OptionTrigger is built around on-chart interaction instead of alert JSON.
How much does OptionTrigger cost?
Paper trading is free. Premium live trading is $1/month during public beta (pricing may change — see /pricing).
Who should stay with Lune Auto Trader?
Budget-conscious alert automation users.
Is OptionTrigger a broker?
No. OptionTrigger is trading software that connects to your broker (IBKR today; Moomoo integration in development). See /disclosures for regulatory context.
Related
For educational purposes only. Not investment advice. See Risk Disclosure.