How to Automate Your TradingView Strategy to MetaTrader 5 in 14 minutes! | PineTrader

Introduction

This tutorial will guide you through the process of automating your TradingView strategy and connecting it to MetaTrader 5 (MT5) using the PineTrader connector. In under 15 minutes, you'll learn how to set up everything you need to execute trades based on your TradingView strategies without the emotional stress of manual trading.

Step 1: Get Your PineTrader License Key

1. Visit the PineTrader website: PineTrader.io.
2. Sign up for an account if you haven't already.
3. Once logged in, locate your license key in your account dashboard.
4. Copy the license key as you will need it for the next steps.

Step 2: Set Up Your MT5 Platform

1. Download and install the MetaTrader 5 platform from your broker’s website.
2. Open the MT5 platform and log in to your trading account.
3. Ensure you have the necessary permissions to execute automated trading.
4. Go to the "Tools" menu and select "Options."
   • Check the settings under the "Expert Advisors" tab:
     • Enable "Allow automated trading."
     • Optionally, enable "Allow DLL imports" if required by your scripts.
5. Click "OK" to save your settings.

Step 3: How to Send Trades from TradingView to MT5

1. Open TradingView and navigate to the strategy script you want to automate.
2. Ensure the script is properly configured and tested in TradingView.
3. In the PineTrader settings, enter your PineTrader license key.
4. Follow these steps to connect:
   • Go to the PineScript editor on TradingView.
   • Add the PineTrader integration code to your strategy script. Example code snippet:

     //@version=5
     strategy("My Trading Strategy", overlay=true)
     // Your strategy logic here
     PineTrader.sendOrder()  // This function sends orders to MT5
     

5. Save your script and add it to your chart.
6. Monitor the trades in your MT5 platform to ensure they are executed correctly.

Conclusion

By following these steps, you have successfully automated your TradingView strategy to work with MetaTrader 5 using PineTrader. This setup allows you to trade based on data-driven decisions, minimizing emotional trading. For further assistance or advanced features, refer to the PineTrader documentation or explore additional resources on trading automation. Happy trading!