How It Works
TradingConnector listens to alerts triggered by TradingView or on Telegram channels and forwards them to MetaTrader for lightning-fast and fully-automatic execution.
3-step execution process:
TradingConnector listens to trade alerts via one of 3 routings:
alerts triggered by the TradingView.com incoming via webhook
alerts triggered by the TradingView.com listened to by TradingConnector Chrome Extension
signals triggered on Telegram in user-selected channels on Telegram.
Alerts are processed by TradingConnector.EXE - a Windows-based desktop application and instantly forwarded to MetaTrader for execution.
TradingConnectorEA - a plugin to MetaTrader - receives the alert and executes it on the market.
Alerts or signals must follow TradingConenctor’s Alerts Syntax to be properly executed. If they don’t, it might be required to use Search & Replace Alerts Modifier (as step 2 above, which is optional) to adjust them to required syntax.
Serverless / Latency <1 second
In “via Chrome Extension” routing, alert travels like this:
Alert is fired by TradingView server and received by TradingConnector Chrome Extension* installed on End-User Windows-based computer (the “PC”).
Alert is parsed by TradingConnector.EXE, installed on the same PC.
Alert is forwarded for execution to MetaTrader 4 or 5 installed on the same PC. Alert execution happens via broker’s API connection.
As described, entire process happens on the same PC, without any unnecessary, delay-causing APIs or servers along the route, ensuring fastest execution possible - below 1 second from alert firing by the TradingView.
Moreover, alerts cannot be intercepted or listened to by anyone except the End-User of TradingConnector - after all entire process happens on End-User’s PC and only there. TradingConnector is entirely serverless solution. The only server or API TradingConnector connects to is PayPal API for license verification.
* in Telegram->MetaTrader and “via webhook” routings, alerts are incoming to TradingConnector.EXE by design.
CONTINUITY IN CASE OF DISCONNECTION
In the event that your PC running these components got disconnected or hangs or for whatever other reason does not respond, no new trades will be launched as no new alerts will be received and processed. That refers also to alerts aimed only to close trades. During such "disconnection” periods alerts are also not stacked - if the alert was fired and it was not received by TradingConnector.EXE, it is gone and will not be executed after TradingConnector.EXE gets back up.
However, if a position is already opened on MetaTrader and it includes exit conditions like stop-loss or take-profit or trailing-stop (yes, it is possible to include exit brackets already in entry alert), these exit orders will be executed by the broker - even if your PC with TradingConnector components is disconnected.
REQUIREMENTS
Requirements: 64-bit Windows computer. Suggested 24/7 running VPS. Broker must be offering MetaTrader 4 or 5 for trading.
TradingConnector works identically with both: real accounts and demo accounts in MetaTraders.