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Automated TradingView Bot for MT5 | Full Setup Guide (No Coding Needed) — Transcript

by AlgoTrade Pro · 1,074 words · 164 segments · language en · Watch on YouTube

Full transcript

  1. 0:00You have found a profitable Trading View
  2. 0:02strategy. Great. But here's the problem.
  3. 0:05Paper profits mean nothing if you can't
  4. 0:08trade it live. But don't worry. In this
  5. 0:11video, I will show you exactly how to
  6. 0:13automate any Trading View strategy and
  7. 0:16connect it to Metatrader 5 with Algo.
  8. 0:20Fast, reliable, and fully ends off. I'm
  9. 0:23ATP and let's get started.
  10. 0:27[Music]
  11. 0:39So to start, why Algoay? Unlike many
  12. 0:42automation services, Algoay is fast,
  13. 0:45reliable, and flexible. It works not
  14. 0:48only with Metatrader 5, but also with DX
  15. 0:52Trade, Trade Locker, and even crypto
  16. 0:54exchanges. And the best part, it's much
  17. 0:57more affordable. Let me give you a quick
  18. 0:59comparison. Pan connector starts at $29
  19. 1:03per month. Wonder Trading is around €17
  20. 1:07and Recommerce costs $49 per month, but
  21. 1:11Algoay starts at just $7 per month.
  22. 1:14That's a fraction of the cost while
  23. 1:16still giving you the same or even more
  24. 1:19functionality. And the pricing isn't the
  25. 1:22only benefit. The automation process is
  26. 1:25very simple to use without complex
  27. 1:28setups and no coding required. But
  28. 1:30here's what really impressed me. After
  29. 1:33testing it, Algo doesn't just handle
  30. 1:35basic buy or sell signals. It works
  31. 1:38amazingly with complex strategies too.
  32. 1:42Things like trailing stop- losses,
  33. 1:44multiple take profits, riskbased
  34. 1:46position sizing, everything is executed
  35. 1:50exactly as designed. So now let's jump
  36. 1:53into the actual setup. Step number one
  37. 1:56is to download and install the Algoay
  38. 1:58expert advisor. Go to the Algoay website
  39. 2:02by using the link in the description and
  40. 2:05create your account. You will have 14
  41. 2:07days free to try the Algoay app. After
  42. 2:11creating your account, go to the
  43. 2:12homepage. Click on platforms. Click on
  44. 2:16the MT5 option and then on the first
  45. 2:19link to download the MT5 expert advisor.
  46. 2:23Once you have the file, open MetaTrader
  47. 2:265. Click on file, then open data folder.
  48. 2:30Go into the MQL5 folder, then experts,
  49. 2:34and drop the file there. Close the
  50. 2:36window and refresh your expert advisor
  51. 2:39list in MT5. And now you will see Algoay
  52. 2:43MT5 added. Step number two is to set up
  53. 2:47MetaTrader 5 options. In MT5, go to
  54. 2:51tools, options, and expert advisor. Here
  55. 2:55you must enable allow algorithmic
  56. 2:58trading, allow DLL imports, and allow
  57. 3:02web requests. And then below on the web
  58. 3:04request field add the Algoay server link
  59. 3:08this one and click on okay. Then step
  60. 3:12number three is to apply the expert
  61. 3:14advisor to a chart. From the navigator
  62. 3:17drag algo MT5 onto the chart or charts
  63. 3:21where you want to automate your
  64. 3:23strategy. In this example I will use
  65. 3:26gold. The settings menu will open
  66. 3:29automatically.
  67. 3:30Now go to your Algoay dashboard. Login
  68. 3:34and click add web book. Choose MT5 in
  69. 3:37the platform field and trading view in
  70. 3:40the from field. Then click on okay. Copy
  71. 3:43the webbook address it gives you and
  72. 3:46paste it here. This will be the bridge
  73. 3:48between trading view and your MetaTrader
  74. 3:51account. Lastly, you can define other
  75. 3:54conditions. I suggest using true here
  76. 3:57and for the lots 0.40. four zeros and
  77. 4:00one if it's forex or 1.0 if it is other
  78. 4:04markets like crypto, stocks or
  79. 4:07commodities. And regarding the other
  80. 4:10settings, you can leave them as they
  81. 4:12are. Now comes the fun part, creating
  82. 4:15the actual alert in Trading View. Step
  83. 4:17number four. And before we actually
  84. 4:20create the alert, let me first explain
  85. 4:23something important. If you are using
  86. 4:25any of my ATP strategies, the process is
  87. 4:29even simpler. For those who don't know,
  88. 4:32I've developed the ATP premium
  89. 4:34indicators testing bot, a unique tool in
  90. 4:37the market that allows you to test
  91. 4:39indicators and strategies in just
  92. 4:42seconds. It already includes almost 100
  93. 4:45indicators, and it's being used today by
  94. 4:48more than 300 traders worldwide. On top
  95. 4:52of that, I also provide the ATP
  96. 4:54portfolio of strategies, four complete
  97. 4:57systems for forex, crypto, stocks, and
  98. 5:00commodities. All of them were created,
  99. 5:03tested, and proven to be profitable,
  100. 5:06efficient, and reliable. If you want
  101. 5:08more information about these tools, you
  102. 5:11will find everything on my website. Now,
  103. 5:14let's get back to our setup. Inside the
  104. 5:17trading view strategy, if we scroll down
  105. 5:19to the inputs menu, you will find the
  106. 5:22automation section. Here you simply
  107. 5:25select Algo Way as the automation
  108. 5:27provider. Then go into the properties
  109. 5:30tab and set your account size. Let's use
  110. 5:33$1,000 as an example. And for the
  111. 5:36slippage, I recommend setting it to 20
  112. 5:39just to make the results more robust.
  113. 5:42And once everything looks good, click on
  114. 5:45okay. With that done, we are ready to
  115. 5:48create the alert. Open the alert
  116. 5:50creation window in trading view and
  117. 5:53select the strategy just like this with
  118. 5:56a condition alert function calls only.
  119. 5:59Then check the web book box and paste in
  120. 6:02the link you got from your Algo way
  121. 6:04dashboard. Usually this is a tricky part
  122. 6:07where you will need to paste a custom
  123. 6:09message which you can review on the algo
  124. 6:12ways guide but in our case you don't
  125. 6:15need to do anything. All the logic is
  126. 6:18already coded inside the script. Trading
  127. 6:20View will automatically send the exact
  128. 6:23instructions including partial profits
  129. 6:26trailing stops and risk management.
  130. 6:29Finally click on create and that's it.
  131. 6:32Your trading view strategy is now
  132. 6:34connected to Algoay and ready to trade
  133. 6:37live. Once everything is set, go back to
  134. 6:40MT5. If the connection is active, the
  135. 6:44Algoay expert will show a blue status,
  136. 6:47meaning it's connected and ready to
  137. 6:49trade. From this moment on, every valid
  138. 6:52signal in Trading View becomes a live
  139. 6:55trade in Metatrader. And that's it. Your
  140. 6:58strategy is now fully automated. Now, a
  141. 7:01couple of final notes. First, this works
  142. 7:04with any broker that uses MT5 and even
  143. 7:08with other platforms if you prefer. Algo
  144. 7:11also supports other brokers and
  145. 7:13platforms. So, if you'd like me to show
  146. 7:16another setup tutorial in the future,
  147. 7:19let me know in the comments. Second,
  148. 7:21automation is not just about style. It's
  149. 7:24about precision, speed, and removing
  150. 7:27emotions. The bot doesn't hesitate,
  151. 7:30doesn't get tired, and doesn't miss any
  152. 7:33trades. So, if you have been trading
  153. 7:35your strategy manually, this is the
  154. 7:38upgrade you have been waiting for. If
  155. 7:40you found this tutorial helpful, hit
  156. 7:42that like button and subscribe for more.
  157. 7:45And leave a comment below telling me
  158. 7:47which platform you would like me to
  159. 7:49cover next. I'm ATP. Thanks for watching
  160. 7:52and I will see you in the next video.
  161. 7:54Bye-bye.
  162. 7:57Hey,
  163. 8:01hey, hey.
  164. 8:07[Music]

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