MetaTrader (MT4 & MT5) and TradingView are two very powerful trading platforms used by traders worldwide. TradingView is advanced in charting tools, while MetaTrader is advanced in execution. Connecting these two allows traders to analyze the market on TradingView and then seamlessly execute trades on MetaTrader. In this guide, we assume to teach you how to link MetaTrader to TradingView by several methods.
Traders combine MetaTrader with TradingView mainly for the technical indicators and advanced charting tools that TradingView offers. Delivering significantly more in charting options, trading guides, and educational materials, TradingView spreads out more compared to what is offered by the native tools of MetaTrader.
Here's why this combination can be really helpful:
1. Broker Selection
Like MetaTrader, a broker must also be used for trading via TradingView. Some supported brokers include IC Markets, Pepperstone, EightCap, and several more.
When choosing the right broker for use in TradingView, one must ensure that it provides the specific assets interested in trading. Your selected broker should also be available in your country and, most especially, meet the requirements of the residing regulatory bodies. TradingView is continually adding new brokerage options to give traders more chances of finding the perfect match for their needs.
2. Create an account with the broker.
Once you have selected a broker, you will proceed to open an account with that broker. This process is quite often pretty fast and easy, but some brokers may require some government identification before they can allow account access.
If you already have an account with one of the brokers on TradingView, then there is no need to create a new account.
3. Configure your TradingView account.
Once you have your broker account, you now have to create an account with TradingView. This is where you will benefit from TradingView's charting tools and analysis.
4. Connect TradingView with the Broker
Both your broker and TradingView accounts are now ready for use; go to the TradingView Brokers page. Select your broker from the list and click their name next to the button Trade that appears on the next page. The following page will appear and ask you to connect with your broker. Simply click the Connect option.
A pop-up should now appear requesting the login credentials of your broker for authorizing access.
Thus, with over 170,000 users already linked, more traders are connecting MetaTrader with TradingView. Real-time data streaming was made possible by the integration in order to execute orders straight from TradingView.
The access to the various technical indicators that TradingView provides gave it an edge in strategizing. Furthermore, TradingView covers trading guides, expert analysis, and a social community in which all share insights.
There are also many advanced market analysis and multi-timeframe tools that aren't available in MetaTrader, along with real-time trade ideas to fine-tune strategies. Depending on the level of trading prowess, this connection can help you make better decisions. Professionals are also available for expert assistance for those who require one for easier and better trading.
Connecting MetaTrader to TradingView offers traders the best of both platforms—real-time data, advanced technical indicators, and powerful market analysis tools. It enhances trading efficiency, improves decision-making, and provides access to a global trading community. Whether you're a beginner or an expert, integrating these platforms can help refine your strategies and maximize profits. If you need assistance, expert support is always available to ensure a smooth setup. Start leveraging the power of TradingView and MetaTrader today for a smarter trading experience!