TradingView is a platform that has robust charting, a modern interface, and indicators based on Pine Script, while MetaTrader 5 (MT5) takes the lead with quick trade execution, broker integration, and sophisticated Expert Advisors (EAs). But the thing is, TradingView doesn’t have any built-in direct or automated trading with MT5.
To bridge this gap, traders rely on third-party TradingView to MT5 automation tools such as MetaConnector, PineConnector, and TradeSignal.
This article reviews these tools, explains how they work, and helps you choose the best option—especially if you are looking for a zero-coding TradingView to MT5 automation solution.
Most professional traders follow a hybrid trading approach:
Such a system benefits the traders as they can use the best aspects of both platforms without altering charts or doing manual trades.
Zero-Coding Automation
Most tools require no programming knowledge. You simply create TradingView alerts and link them to MT5.
Reduced Human Error
Trades execute instantly based on predefined rules, eliminating emotional bias and manual delays.
High Scalability
Perfect for traders working with multiple accounts, prop firm challenges, or automated strategies.
Better Market Speed
Automation is critical in fast markets like forex and crypto, where seconds matter.
The process is generally the same across tools:
Feature | MetaConnector | TradeSignal |
| Connectivity | WebSockets (faster than WebRequest) | Real-time processing |
| Risk Management | Risk % per trade, fixed lot, fixed cash risk | SL/TP & exposure monitoring |
| Broker Support | Universal (all brokers & prop firms) | MT5 brokers |
| Analytics | Arena Statistics performance dashboard | Custom alerts (email/SMS) |
| Cost | EA free, platform subscription | Service/subscription |
MetaConnector stands out due to its professional-grade infrastructure and analytics. Unlike standard webhook tools, it uses WebSockets, which are faster and more stable for live trading.
Advanced Risk Management
Traders can define risk by percentage, fixed lots, or fixed cash—ideal for funded accounts.
Universal Broker Support
Works with virtually any MT5 broker or prop firm.
Arena Statistics Dashboard
Provides performance tracking, helping traders analyze and optimize strategies.
Zero-Coding Setup
It is an excellent option for traders who need automated systems but do not want to deal with coding.
MetaConnector is a great option for traders who appreciate fast execution, high control, and analysis.
While these tools are highly effective, there are some limitations:
Slight Latency
Signals pass through third-party servers, so execution may be marginally slower than native MT5 EAs.
VPS Recommended
For stability and 24/7 trading, a VPS is strongly advised.
MT5 Interface
Setup and management still require MT5’s desktop interface, which feels dated compared to TradingView’s web UI.
TradingView–MT5 automation tools are an excellent solution for traders who want TradingView’s superior analysis combined with MT5’s powerful execution.