Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Hello Good Morning all,
after a lot of research and coding my strategies in tradestation I'm ready to apply to some funded trading programs, the problem is the one I'm interested in use MT4/MT5.
In Short:
Is there a way to send orders from TradeStation or Multichart to MT4/MT5?
I've googled and looked in the forum but I didn't find any solution!
Is there someone that has a stable setup?
Thanks
Can you help answer these questions from other members on NexusFi?
I've already saw that , but the website is very sketchy and not updated
Also the forum replied only with some redundant infrastructure : trading from MC to Oanda, then copying to MT4, that I don't even understand how many errors and slippage this setting can produce.
Then there is tradebullet that is now out of business.
So I wish to know if someone more talented than me knew a better solution
I will look for Ninja to MT4, as well as investigate TS to Ninja.
Unfortunately, MC doesn't include a connection to Metatrader (MT4/5) and it's not in their future plan to do it. I've asked that some days ago directly to their support.
For your question is because I was investigating the world of "Funded Trading Prop Firms" and they usually don't use Multichart as a supported platform, so that was my idea of applying my strategies to that accounts.
and I don't want to code my strategies as an EA for Metatrader since I don't know anything about that trading language
For doing that you should rewrite all the strategies to implement the DDL integration, that is quite of work, especially because you cannot use the same code for backtesting and live trading because all the past entry signals are interpreted as actual entry signals from Ninjatrader.
After that you still need a bridge from NT to MT, I downloaded a bridge from a russian website, you can google for "NT7 Bridge Head", but didn't tested it out since the integration seems to long to make it work.
Multichart to Metatrader:
I used the Oanda way, opening a MT4 account on Oanda and then connecting MC to it. I prefer this way since it's a more stable integration and from that you can use a simple mt4 copytrade to other accounts you use/need.
The only problem here is that Oanda and multichart is only available on Oanda Australia (the account I use) and Oanda Asia-Pacific (didn't tried).
Oanda Europe allows multichart connection but not for trading directly from multichart, due to Mifid regulations
Oanda Global Markets doesn't support multichart
(You can open a Oanda Australia even if you are not eligible because we are not interested in having a live account verified but we can use the demo as a master account and then copytrade on the actual account)