How To Connect TradingView To MT4 For Live Trading – A Complete Guide

TradingView provides an excellent charting and analysis workspace for active traders. But many still use MT4/MT5 platforms for order execution.

Fortunately, it is possible to bridge these environments by connecting TradingView to MT4! This allows placing live trades through TradingView that are executed through your MetaTrader platform.

In this comprehensive guide, we’ll cover the benefits of linking TradingView and MT4, explain connection methods, provide broker integration insights, and walk through setup procedures. Follow along to enhance your trading workflow.

How To Connect Tradingview To Mt4

Benefits of Connecting TradingView to MT4

Here are some advantages of linking TradingView charting with MT4 execution and management:

  • Maintain TradingView’s advanced charting, scanning, and analysis tools
  • Access MT4’s order execution reliability and speed
  • Utilize MT4’s extensive automated trading and reporting capabilities
  • Ability to execute TradingView signals directly through linked MT4 account
  • Consolidate analysis and execution into a seamless workflow

The strengths of both platforms are combined into a potent trading environment.

Ways to Connect TradingView and MetaTrader 4

There are a few methods to establish linkage between TradingView and MT4:

Via Supported Broker Integration

Some brokers like VantageFX provide deep integration linking TradingView and MT4 accounts on their backend for turnkey connectivity.

Using MT4Connect Script

This script when added to TradingView enables one-click order routing from TradingView charts directly to your independent MT4 terminal.

Through Auto-Sync or API

Auto-sync apps like Box breakout or APIs like TVEW can pass signals and manage trades between the two platforms.

Now let’s walk through setup…

Step-by-Step Guide to Connect TradingView and MT4

Follow these steps to connect TradingView to your MT4 terminal:

  1. Ensure your MT4 and TradingView accounts use the same broker or credentials.
  2. Optionally request broker-level integration between the platforms if provided.
  3. Alternatively, obtain authorized API software or scripts to sync platforms.
  4. Install any vendor-provided EA’s in MT4 to enable communication.
  5. Load the software or script in TradingView to activate linkage.
  6. Monitor both platforms – orders placed on one will execute on the linked MT4 account.

With the same credentials and sync established, TradingView and MT4 connectivity is unlocked!

Executing TradingView Trades Through MetaTrader 4

Once connected, the order execution process is straightforward:

  • Analyze and identify trades as normal in the TradingView workspace
  • When ready, place orders through TradingView’s order entry tools
  • The order is automatically routed to the linked MT4 account
  • MT4 executes the trade per its specification and rules
  • Monitor the positions and P/L on either platform

Trades are analyzed on TradingView and seamlessly executed on MT4.

Tips for Flawless TradingView + MT4 Execution

To ensure smooth order routing between platforms:

  • Carefully check both systems after placing orders to confirm execution
  • Use LIMIT orders on TradingView for execution clarity vs MARKET orders
  • Disable TradingView paper trading module to prevent order conflicts
  • Be aware MT4 has separate risk limits that can intervene
  • Expect only assets allowed on MT4 to connect, like FX and futures

With good workflows, the power of both platforms is at your fingertips!

Spark Impulse strategy

Access my advanced Spark Impulse Indicator

Troubleshooting TradingView and MetaTrader 4 Connection Issues

Some common connection questions:

Trades not syncing? Double check credentials match. Restart both systems and broker service.

MT4 execution odd? Review broker authentication steps. Disable TradingView paper trading.

Certain assets not linking? Confirm your broker allows that product on the MT4 platform.

Can’t find integration? Request broker support to see if they can connect platforms on backend.

Reach out to broker or platform support teams if any persistent configuration issues.

Unlocking Seamless Analysis and Execution

I hope this guide provides traders with a blueprint to enhance workflows and performance by linking the strengths of TradingView’s analysis with MT4’s trusted execution capabilities.

The deep integration possible between these platforms creates a uniquely potent trading environment. Savvy traders will explore these connections to gain an edge.

Let me know if you have any other questions about connecting TradingView and MT4 for efficient trading!

Author: Dominic Walsh

I am a highly regarded trader, author & coach with over 16 years of experience trading financial markets. Today I am recognized by many as a forex strategy developer. After starting blogging in 2014, I became one of the world's most widely followed forex trading coaches, with a monthly readership of more than 40,000 traders! Make sure to follow me on social media: Instagram | Facebook | Youtube| Twitter | Pinterest | Medium | Quora | Reddit | Telegram Channel

Leave a Comment

Hey.lt - Nemokamas lankytojų skaitliukas