Connect TradingView to MT5 with MetaConnector and Pine Script

TradingView has become a popular charting platform for traders. Traders can utilise advanced charting tools, indicators, and community ideas which help traders analyse the market with speed and ease. However, when it comes to submitting trades directly to MT5 from TradingView, traders run into limitations. Enter MetaConnector. 

What is TradingView Pine Script?

TradingView Pine Script is a coding language created by TradingView. It allows users to create custom indicators, alerts, and automated strategies. You can set conditions for entry signals, exit signals, or risk management, and TradingView will provide alerts based on the conditions you set. 

For example, you could write a Pine Script strategy that would send you a buy signal when the moving average crosses over another moving average. This means your trading will be a little bit more systematic and less subjective on your part.

Why Use MetaConnector?

MetaConnector is a bridge that connects alerts from your TradingView account to brokers like MT4/MT5. With MetaConnector you can...

• Automate TradingView Strategies and Avoid Coding Complex Bots.
• Connect TradingView (Alerts) to MT5 in real time.
• Reduce Manual Effort and Save Time Trading.
• Receive alerts in the form of custom Pine Script and instantly execute those alerts in MT5.

Check Prices List: https://www.metaconnector.combiz.org/#pricing

How to Connect TradingView to MT5 with MetaConnector

•  Write your Pine Script – Create a tradable strategy/indicator in TradingView or find an existing one.
•  Set Alerts – Set alerts in your TradingView chart according to the alerts you created based on the conditions related to your Pine Script.
•  Use MetaConnector – Download and install MetaConnector. This will be the connection to link TradingView to MT5.
•  API Integration – Integrate your TradingView alerts with MetaConnector webhooks.
•  Auto Execute – Once you have done this, all your TradingView alerts will trigger a trade on MT5 automatically.

Advantages of Using TradingView Pine Script with MetaConnector

- No need to have programming skills to connect TradingView to MT5.

- As the infrastructure will be virtual, the execution will be much faster with little delay.

- You will have the ability to try various strategies made with the Pine Script.

- This exchange is perfect for Forex, stocks, crypto, and indices.

In Conclusion

If you are a trader who loves the TradingView charts but prefers to execute trades on MT5, then TradingView Pine Script and MetaConnector are the perfect plugins to use. You will be able to automate strategies, save time, and even have a competitive edge. 

👉 Learn more at MetaConnector.