TradingView is one of the most popular platforms for charting and strategy building. Whereas, MetaTrader 4 and MetaTrader 5 are popular for executing actual trades in Forex and other markets. The struggle comes into play when trying to automate your TradingView alerts on MT4/MT5. If you are wondering, like many others, how to connect these platforms for seamless and real-time auto trading, then you are at the right place. This article will guide you through the best way to do that with MetaConnector.
Let's get started!
TradingView is excellent chart software used by millions of traders around the world. It allows you to create alerts that are based on technical indicators, price levels, and your own custom strategies.
But here's the problem:
Automation of alerts helps you:
Step-by-Step Strategy to Automate TradingView Alerts on MT4/MT5
The first step is to develop a TradingView strategy using one of three paths:
Once you have your logic ready, create a TradingViewalert with a condition, such as
"If RSI crosses 30 from below, alert me."
When you create an alert, use the "Webhook URL" option; this is important for automation.
This is where MetaConnector comes into play. MetaConnector is a powerful no-code tool that will connect your TradingView alerts to your MT4/MT5 automatically.
MetaConnector Features:
The Process:
It acts as a bridge between TradingView and MetaTrader.
The alert message sent by TradingView must be in a format MetaConnector understands. For example:
{
"symbol": "EURUSD",
"action": "BUY",
"lot": 0.5,
"sl": 1.0850,
"tp": 1.0950
}
You can insert this JSON-style message directly into your TradingView alert message box. When the alert is triggered, MetaConnector reads this and places the trade.
Now that your alert-based strategy is live:
While there are many other tools and scripts available, none are quite so easy and easy to control (especially if you're a non-coder) on MetaConnector.
Good Points:
Whether you're a solo trader or a professional running a copy trading model, MetaConnector is your answer.
This method works great for:
The simplest way to automate TradingView alerts on MT4/MT5 is to leverage TradingView's enhanced charting alongside MetaTrader's great execution features. With products like MetaConnector, traders never need to choose between platforms for analysis or execution—they can build automation so the platforms work together seamlessly.
Automation improves the speed and precision of trading and takes trading to a new level with features like signal provisioning, multi-account trading, and 24/7 bots, all of which are available even with minimal programming experience.