If you are an active trader using TradingView or any other charting software, one of the important things for you to test is fast and accurate trade execution. But placing each trade manually becomes cumbersome by time and error-prone. Enter MetaConnector — a powerful solution that can automate everything by sending order instructions right from TradingView to the broker.
MetaConnector, in this article we will explain how MetaConnector sends orders to brokers, how it works and why it is an evolving factor for every trader while automating a strategy.
MetaConnector is a software that acts as a bridge between TradingView and your stockbroker or any trading platform. It listens to TradingView alerts (via webhooks) and converts them into actionable trade orders.
🟢 TradingView gives the signal → 🔄 MetaConnector reads it → 📤 Order is sent to your broker automatically
Step 1: Alerts on TradingView
The very first step is creating a strategy, or rather a setup, on TradingView, and alerting on it, whether using indicators, price action, or custom scripts.
When you create an alert, TradingView gives you the option to send a webhook. This is where MetaConnector comes in-the alert sends this signal directly to MetaConnector via webhook.
Step 2: MetaConnector Receives the Webhook
MetaConnector operates on your PC or a remote server. When an alert triggers in TradingView, a webhook message is sent to MetaConnector. This message encompasses all the relevant trade data such as:
This data is sent in a special format (JSON) that MetaConnector reads and processes.
Step 3: MetaConnector Processes the Signal
At this time, MetaConnector has received the alert and understands the information therein. You can create rules inside MetaConnector for different types of alerts, for example:
So, you decide exactly what to do from here on when an alert is received.
Step 4: Place Order to Broker via API
Once understood, MetaConnector places the order via API to your broker. This is a secure, authorized connection between MetaConnector and your broker account.
Step 5: Broker Executes the Trade
At last, your broker receives that order from MetaConnector and places it on the exchange just like any manual trade. The trade confirmation will appear inside your broker’s app or dashboard.
Yes. MetaConnector uses very secure API connections, offers data encryption, and ensures an order will be sent only when a valid alert is received. However, you must:
MetaConnector is a smart solution for anyone wishing to automate their trading strategy from TradingView to their broker. It is just the tool to simplify the process of turning chart-based alerts into real trades — minus the stress of manual execution.
If you trade seriously, especially intraday or algorithmically, MetaConnector can save you time, lessen errors, and speed your response to signals.