best way to get tradingview alerts to actually execute on mt5

[Ethan Carter]

i do all my analysis on tradingview because the charting is miles ahead, but i trade through mt5. right now i get a tv alert on my phone, then manually place the order in mt5 which is slow and i fat-finger it half the time.

whats the cleanest setup people use to bridge tv signals into mt5 execution without paying for some sketchy 50 dollar a month connector?

[mattlive]

the honest answer is there is no free lunch here that isnt fragile. tv alerts can fire a webhook, you catch the webhook with a small bridge script that talks to the mt5 python api or a local EA listening on a socket. it works but you now maintain a webhook endpoint, a bridge and an EA. when one link breaks at 2am you find out the hard way.

[zacharyy]

or you accept that if your edge needs sub-second auto-execution from a charting site it probably isnt an edge. manual entry being slow is only a problem for strategies that were marginal to begin with.

[bluephoenix]

if you go the webhook route, host the listener on the same vps as your mt5 so theres no public internet hop between the bridge and the terminal. and put a hard sanity check in the EA: reject any signal with a lot size or price wildly outside expected range. webhooks can get spammed or replayed.

[electricmind]

is the python mt5 api hard to set up for someone whos only ever tweaked EA inputs, never coded properly?

[darkhorizon]

the python package install is easy, the hard part is the always-on plumbing and error handling. for a non-coder id honestly start semi-manual: tv alert pops, you click one confirm button in a tiny local app that places the prebuilt order. removes the fat-finger risk without the full auto-execution maintenance burden. automate fully only once youve proven the signal is worth it.

[Elliot]

semi-manual is underrated honestly.