TradingView To MT5 Copier
- Utilities
- Tsung Che Kuo
- Version: 1.71
- Updated: 9 November 2023
- Activations: 20
MetaQuotes Market demo *cannot* be used for utility/copier evaluation. If you're looking for evaluation, please find the copier EA evaluation version and TVToMT bridge app and user manual from this link.
Descriptions
This signal/trade copier for TradingView -> MetaTrader consists of three parts:
- Google Chrome browser on your computer
- Copier EA as you purchase from here
- Bridge app running over indows OS (i.e. Windows 10/11, Windows Server 2016 or above).
That bridge app will seamlessly scan TradingView alert popup at Google Chrome and feedback to this Copier EA for trade process (through secured data interchange).
The reason to use TradingView alert popup is that's available for all users - while other alert approach, e.g. webhook, might be only applicable to TradingView members.
All signal transmissions of this copier suite are done inside your computer so the copy latency will be much less than the 'webhook' approach that needs to en-route through the outside server.
Reliability and stability are better as well.
Instructions:
> User Manual can be downloaded from above mentioned shared link.
If you've already purchased this copier and your TradingView strategy has 'concurrent' alert signal scenario, please contact Author to get another TradingView bridge app version.
> Please attach this copier EA to one MT5 chart ONLY. One copier EA can accommodate multiple TradingView chart alerts.
If you have two more symbols to copy, please kindly refer to 'Special Note for Multiple Symbol Copy' at User Manual.
Lots mode - 4 options: 'fixed lots', 'Lots by equity percentage', 'Lots by loss percentage', 'Lot info from TradingView'. Each has its own variable to set.
Symbol mapping list - that's for special trade symbol mapping. if that's not set, EA will use the same symbol name from TradingView for trade.
if MT5 has different symbol name, you could set by,
for instance
XAUUSD,GOLD;WTI,USOIL;
TradingView symbol of XAUUSD alert will be mapped to MT5's symbol of GOLD.
each symbol uses ',' comma as seperator. First symbol is TradingView's while the second is MT5's. each pair uses ';' semicolon as separator.
Close trade by opposite signal - default is true; will close trade if opposite signal. you could turn that off if that's not your preference
Reverse trade - default is false; if turned 'true', ea will place SHORT trade if LONG signal
TakeProfit in point - default is zero; if setting zero, no tp price will be set.
StopLoss in point - default is zero, i.e. no sl price will be set
Group take profit in $ - take profit by group of trades in $ amount
Group stop loss in $ - take loss by group of trade in $ amount
Trailing stop switch - default is false, i.e. disabled
BreakEven switch - default is false, i.e. disabled
Use ATR as SL - default is false; Use ATR value x its multiplier as SL price; Need to set its applied timeframe.
Use SL ratio for TP - default is false; Use SL price distance to order open price multiplied by a ratio to be TP price.
Keywords for LONG or SHORT trade - EA has listed some common keywords to identify an alert message as a LONG or SHORT signal. you could supplement your own.
Excluded keywords from opening trade - NOT to open trade if those keywords are shown at messages.
Enable close trade keywords - enable keyword check to close trade.
Keywords to close LONG or SHORT trade - EA close trades for those keywords.
Taking TP price from TradingView
default is off. If enabled, the copier EA will use the TP prices described at TradingView signal texts.
Taking SL price from TradingView
default is off. If enabled, the copier EA will use the SL prices described at TradingView signal texts.
* Please note that SL setting priority is (a) Use TradingView's, (b) ATR SL, (c) SL point.
TP setting priority is (a) Use TradingView's, (b) Use SL ratio for TP, (c) TP point.
Allowed symbol list from TradingView alerts -
default is the blank string. it will take all symbol alerts from TradingView. if setting a string of allowed symbols, this copier ea will only accept the alert signals of those symbols. if symbol more than one, add comma in between, e.g. EURUSD,GBPUSD. please use TradingView symbol names at this list.
There are two maximum order count settings: (a) maximum order count for all symbols; (b) maximum order count for each symbol
Author also designs below cross-platform copiers if you're interested
1. TradingView Alerts to NinjaTrader
2. TradingView Alerts to MT4
3. TradingView Alerts to MT5
4. TradingView Alerts to cTrader
5. MT4 to cTrader
6. MT5 to cTrader
7. cTrader to MT4
8. cTrader to MT5
9. MT4 to NinjaTrader
10. MT5 to NinjaTrader
11. NinjaTrader to MT4
12. NinjaTrader to MT5
13. Telegram to NinjaTrader
14. Telegram to MT4/MT5