I would like to connect my TradingView signals to MT4 in order to generate trades using webhooks (Trade Alerts). I do not have any technical knowledge of a possible implementation. However both the TradingView and MT4 programs will be running on the same computer at the same time.
The TradingView application will generate an Alert with the following information.
Order
This is the main command.
Either open a buy or sell trade at the market price, or close these trades.
[closelong = close buy trades, closeshort = close sell trades]
Example: buy, sell, closelong, closeshort
Symbol
Symbol or asset to enter /exit.
Example: EURUSD, GBPUSD.
LotSize
Place a trade with a defined lot size.
Example: lotsize = 0.01.
StopLoss
Place the stoploss based on pips from the entry price.
Example: sl = 100.
TakeProfit
Place the takeprofit based on pips from the entry price.
Example: tp = 100.
Timeframe
This is the timeframe (in minutes) used for the trade.
Note that will use custom timeframes which are not available in MT4, for example 7 minutes.
The trade is opened as usual. However when there is a command to close the trade, this command only applies to trades which have been opened in this defned timeframe.
Example: tf = 7.
Note
All of these commands are case insensitive. For example: BUY has the same meaning as buy.
Examples with these commands:
buy, EURUSD, LotSize=0.01, sl=100, tp = 100, tf=7
This will open a buy trade in EURUSD at market price, with a lotsize of 0.01, stop loss 100 pips away from the entry price, take profit 100 pips away from the entry price, the time frame is set at 7 minutes.
closelong, EURUSD, tf=7
This will close any buy EURUSD trades which were previously opened using a 7 minute timeframe.
closeshort, EURUSD, tf=7
This will close any sell EURUSD trades which were previously opened using a 7 minute timeframe.
sell, GBPUSD, LotSize=0.01, sl=100, tp = 100, tf=21
This will open a sell trade in GBPUSD at market price, with a lotsize of 0.01, stop loss 100 pips away from the entry price, take profit 100 pips away from the entry price, the time frame is set at 21 minutes.
closeshort, GBPUSD, tf=21
This will close any sell GBPUSD trades which were previously opened using a 21 minute timeframe.
closelong, GBPUSD, tf=21
This will close any sell GBPUSD trades which were previously opened using a 21 minute timeframe.
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