In the fast-moving world of forex trading, automated forex signals can give you a serious edge. Thanks to PineConnector, traders can now convert TradingView indicators into real-time, automated forex signals that execute directly in MetaTrader 4 (MT4) or MetaTrader 5 (MT5) — with no complex coding required.
Whether you want to automate your own strategy or send signals to clients, this step-by-step guide will show you how to create automated forex signals using PineConnector.
🔧 What You’ll Need
To get started, you’ll need:
✅ A TradingView Pro (or higher) account
✅ A PineConnector subscription
✅ A MetaTrader 4 or 5 account (connected to your broker)
✅ PineConnector Expert Advisor (EA) installed in MT4/MT5
✅ Basic knowledge of Pine Script (we’ll keep it beginner-friendly)
Step 1: Choose or Create a Forex Strategy in TradingView
You can either use a built-in indicator, a custom Pine Script, or write your own signal logic.
✅ Example: Simple RSI-Based Signal
pinescript
//@version=5
indicator("RSI Forex Signal", overlay=true)
rsi = ta.rsi(close, 14)
longCondition = ta.crossover(rsi, 30)
shortCondition = ta.crossunder(rsi, 70)
if (longCondition)
alert("buy EURUSD 0.1 sl=30 tp=60", alert.freq_once_per_bar)
if (shortCondition)
alert("sell EURUSD 0.1 sl=30 tp=60", alert.freq_once_per_bar)
This script sends a buy signal when RSI crosses above 30 and a sell signal when it crosses below 70.
✅ Tip: Replace EURUSD with any pair you're trading. You can also make this dynamic by using syminfo.ticker for multi-symbol alerts.
Step 2: Set Up the Alert in TradingView
Click the 🔔 Alert button or right-click the chart and choose “Add Alert.”
Set Condition to: Any alert() function call.
Check Webhook URL and paste your PineConnector endpoint:
arduino
https://pineconnector.com/endpoint
Leave the message box blank (PineConnector reads from the alert() function in your script).
Create the alert.
Step 3: Configure PineConnector in MT4 or MT5
- Open your MetaTrader platform (MT4/MT5).
- Attach the PineConnector EA to the chart(s) you want to trade.
- In the EA settings:
- Enter your PineConnector API key.
- Enable Allow live trading.
- Make sure AutoTrading is turned on.
🔁 PineConnector receives the webhook from TradingView and instantly places trades in your MT4/MT5 platform.
Step 4: Test Your Automated Signal
Once your setup is complete, do a test run:
- Change chart settings to trigger a signal condition.
- Watch for a webhook being fired in TradingView.
- Confirm the trade opens in MT4/MT5 via PineConnector.
💡 Use a demo account first to test everything before going live.
Bonus: Send Signals to Multiple Clients
Want to run a signal service?
With PineConnector:
You can send signals to multiple MT4/MT5 accounts by running the EA on each terminal.
- You control the logic centrally via one TradingView script.
- Perfect for signal providers or managed account traders.
Now, you’ve turned TradingView alerts into fully automated forex signals in MetaTrader — without writing a full Expert Advisor.
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