Convert TradingView to MT4
1 min readDec 22, 2023
While direct conversion of TradingView strategies to MT4 isn’t possible due to different programming languages, here are effective methods:
1. Manual Conversion:
- Break down TradingView strategy: Understand its logic, indicators, and conditions.
- Recreate in MT4 using MQL4:
- Code indicators (if not available in MT4)
- Implement trading rules and conditions
- Manage risk (stop-loss, take-profit)
- Requires MQL4 programming skills and strategy comprehension.
2. Third-Party Tools and Services:
- TradingView to MT4 Connectors:
- TradingView to MT4 EA (paid service)
- PineConnector (bridges alerts and signals)
- EA Generators:
- EA Studio (visual interface, pre-built logic blocks)
- Forex Generator MT4 (similar features)
- Evaluate compatibility, reputation, and functionality.
3. Hiring a Developer:
- Engage experienced MQL4 developers:
- Freelance platforms (Upwork, Guru, Fiverr)
- MQL5 Market
- Trading forums (4xPip, MQL5, Forex Factory)
- Expertise in TradingView strategy comprehension and EA development.
- Customization to specific requirements and ongoing support.
Additional Considerations:
- Complexity: Intricate strategies may necessitate professional assistance.
- Testing: Rigorously test the converted EA in a demo environment before live deployment.
- Optimization: Fine-tune parameters for optimal performance and risk management.
- Maintenance: Adapt EA to evolving market conditions and strategy adjustments.
Remember:
- Pine Script (TradingView) differs from MQL4 (MT4).
- Direct code translation isn’t feasible.
- Focus on strategy logic replication in MT4.