Automated TradingView Bot for MT5 | Full Setup Guide (No Coding Needed) — Transcript
Full transcript
- 0:00You have found a profitable Trading View
- 0:02strategy. Great. But here's the problem.
- 0:05Paper profits mean nothing if you can't
- 0:08trade it live. But don't worry. In this
- 0:11video, I will show you exactly how to
- 0:13automate any Trading View strategy and
- 0:16connect it to Metatrader 5 with Algo.
- 0:20Fast, reliable, and fully ends off. I'm
- 0:23ATP and let's get started.
- 0:27[Music]
- 0:39So to start, why Algoay? Unlike many
- 0:42automation services, Algoay is fast,
- 0:45reliable, and flexible. It works not
- 0:48only with Metatrader 5, but also with DX
- 0:52Trade, Trade Locker, and even crypto
- 0:54exchanges. And the best part, it's much
- 0:57more affordable. Let me give you a quick
- 0:59comparison. Pan connector starts at $29
- 1:03per month. Wonder Trading is around €17
- 1:07and Recommerce costs $49 per month, but
- 1:11Algoay starts at just $7 per month.
- 1:14That's a fraction of the cost while
- 1:16still giving you the same or even more
- 1:19functionality. And the pricing isn't the
- 1:22only benefit. The automation process is
- 1:25very simple to use without complex
- 1:28setups and no coding required. But
- 1:30here's what really impressed me. After
- 1:33testing it, Algo doesn't just handle
- 1:35basic buy or sell signals. It works
- 1:38amazingly with complex strategies too.
- 1:42Things like trailing stop- losses,
- 1:44multiple take profits, riskbased
- 1:46position sizing, everything is executed
- 1:50exactly as designed. So now let's jump
- 1:53into the actual setup. Step number one
- 1:56is to download and install the Algoay
- 1:58expert advisor. Go to the Algoay website
- 2:02by using the link in the description and
- 2:05create your account. You will have 14
- 2:07days free to try the Algoay app. After
- 2:11creating your account, go to the
- 2:12homepage. Click on platforms. Click on
- 2:16the MT5 option and then on the first
- 2:19link to download the MT5 expert advisor.
- 2:23Once you have the file, open MetaTrader
- 2:265. Click on file, then open data folder.
- 2:30Go into the MQL5 folder, then experts,
- 2:34and drop the file there. Close the
- 2:36window and refresh your expert advisor
- 2:39list in MT5. And now you will see Algoay
- 2:43MT5 added. Step number two is to set up
- 2:47MetaTrader 5 options. In MT5, go to
- 2:51tools, options, and expert advisor. Here
- 2:55you must enable allow algorithmic
- 2:58trading, allow DLL imports, and allow
- 3:02web requests. And then below on the web
- 3:04request field add the Algoay server link
- 3:08this one and click on okay. Then step
- 3:12number three is to apply the expert
- 3:14advisor to a chart. From the navigator
- 3:17drag algo MT5 onto the chart or charts
- 3:21where you want to automate your
- 3:23strategy. In this example I will use
- 3:26gold. The settings menu will open
- 3:29automatically.
- 3:30Now go to your Algoay dashboard. Login
- 3:34and click add web book. Choose MT5 in
- 3:37the platform field and trading view in
- 3:40the from field. Then click on okay. Copy
- 3:43the webbook address it gives you and
- 3:46paste it here. This will be the bridge
- 3:48between trading view and your MetaTrader
- 3:51account. Lastly, you can define other
- 3:54conditions. I suggest using true here
- 3:57and for the lots 0.40. four zeros and
- 4:00one if it's forex or 1.0 if it is other
- 4:04markets like crypto, stocks or
- 4:07commodities. And regarding the other
- 4:10settings, you can leave them as they
- 4:12are. Now comes the fun part, creating
- 4:15the actual alert in Trading View. Step
- 4:17number four. And before we actually
- 4:20create the alert, let me first explain
- 4:23something important. If you are using
- 4:25any of my ATP strategies, the process is
- 4:29even simpler. For those who don't know,
- 4:32I've developed the ATP premium
- 4:34indicators testing bot, a unique tool in
- 4:37the market that allows you to test
- 4:39indicators and strategies in just
- 4:42seconds. It already includes almost 100
- 4:45indicators, and it's being used today by
- 4:48more than 300 traders worldwide. On top
- 4:52of that, I also provide the ATP
- 4:54portfolio of strategies, four complete
- 4:57systems for forex, crypto, stocks, and
- 5:00commodities. All of them were created,
- 5:03tested, and proven to be profitable,
- 5:06efficient, and reliable. If you want
- 5:08more information about these tools, you
- 5:11will find everything on my website. Now,
- 5:14let's get back to our setup. Inside the
- 5:17trading view strategy, if we scroll down
- 5:19to the inputs menu, you will find the
- 5:22automation section. Here you simply
- 5:25select Algo Way as the automation
- 5:27provider. Then go into the properties
- 5:30tab and set your account size. Let's use
- 5:33$1,000 as an example. And for the
- 5:36slippage, I recommend setting it to 20
- 5:39just to make the results more robust.
- 5:42And once everything looks good, click on
- 5:45okay. With that done, we are ready to
- 5:48create the alert. Open the alert
- 5:50creation window in trading view and
- 5:53select the strategy just like this with
- 5:56a condition alert function calls only.
- 5:59Then check the web book box and paste in
- 6:02the link you got from your Algo way
- 6:04dashboard. Usually this is a tricky part
- 6:07where you will need to paste a custom
- 6:09message which you can review on the algo
- 6:12ways guide but in our case you don't
- 6:15need to do anything. All the logic is
- 6:18already coded inside the script. Trading
- 6:20View will automatically send the exact
- 6:23instructions including partial profits
- 6:26trailing stops and risk management.
- 6:29Finally click on create and that's it.
- 6:32Your trading view strategy is now
- 6:34connected to Algoay and ready to trade
- 6:37live. Once everything is set, go back to
- 6:40MT5. If the connection is active, the
- 6:44Algoay expert will show a blue status,
- 6:47meaning it's connected and ready to
- 6:49trade. From this moment on, every valid
- 6:52signal in Trading View becomes a live
- 6:55trade in Metatrader. And that's it. Your
- 6:58strategy is now fully automated. Now, a
- 7:01couple of final notes. First, this works
- 7:04with any broker that uses MT5 and even
- 7:08with other platforms if you prefer. Algo
- 7:11also supports other brokers and
- 7:13platforms. So, if you'd like me to show
- 7:16another setup tutorial in the future,
- 7:19let me know in the comments. Second,
- 7:21automation is not just about style. It's
- 7:24about precision, speed, and removing
- 7:27emotions. The bot doesn't hesitate,
- 7:30doesn't get tired, and doesn't miss any
- 7:33trades. So, if you have been trading
- 7:35your strategy manually, this is the
- 7:38upgrade you have been waiting for. If
- 7:40you found this tutorial helpful, hit
- 7:42that like button and subscribe for more.
- 7:45And leave a comment below telling me
- 7:47which platform you would like me to
- 7:49cover next. I'm ATP. Thanks for watching
- 7:52and I will see you in the next video.
- 7:54Bye-bye.
- 7:57Hey,
- 8:01hey, hey.
- 8:07[Music]
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