Trade ANY MT4 Account through Tradingview

In this guide I am going to show you how to connect and place trades on any MT4 account through the Tradingview charts. This process will allow you to trade any broker or prop firms’s MetaTrader 4 account through Tradingview.  By way of example in this guide we are going to set this up using FTMO’s MT4 which will allow you to trade your FTMO account through the Tradingview charts.

To set this up we need a few things:

  • Tradingview Account [Free]

  • Any MT4 account eg FTMO MT4 Account [Free Trial available]

  • Oanda Account [Free]

  • Social Trader Tools [Paid] (or any other trade copier)

 

Step 1 – Set up your Oanda Demo account
We need to first Create an Oanda Demo account. Don’t worry, you do not have to go through any verification with Oanda, everything is automated. First sign up for a demo account here https://www.oanda.com/apply/demo

Note: remember to write down your password, as you will need it to log in soon.

Download Oanda MT4

Now in a new browser window, click the following link and login to your Oanda account using the credentials you just created https://www.oanda.com/fxtp/auth?s=trade&r=%2Faccount%2F

Click ‘Add Account’ 

Create an MT4 account, Enable hedging, create your password, set Name, Currency & Leverage. Select the maximum leverage. (Note the maximum leverage Oanda offer on their demo account is 1:50. If you are trading a 1:100 FTMO account this will not be an issue however you may not be able to use all of your leverage. If you at trading an FTMO Swing account just select 1:30 leverage.)

Click Save and see your MT4 Account Number login . Be careful to take note of the server name ‘OANDA Demo-1’ it should be ‘OANDA–Demo-1’!!!

Log into your Oanda MT4 account (Be careful of server name ‘OANDA Demo-1’ it should be ‘OANDA-Demo-1’) 

Once you are logged in, note that you currently have a zero balance

To add funds to your Demo account, in ‘my funds’ click Deposit and choose an amount, ideally matching your broker’s/FTMO account

Step 2 – Login to TradingView with your new Oanda account

Now we need to connect our Oanda Demo account with Tradingview. In Tradingview at the bottom, under the charts, Go to Trading Panel > Find Oanda > Connect

Login with your email address and the Oanda password that you created at the beginning of this process, select your MT4 account and click connect.

You should now be logged into your Oanda Demo account in Tradingview

In Tradingview make sure that you are using the Oanda charts

Step 3 – Set up your Trade Copier (Social Trader Tools) – [Paid]

Register for an account with social trader tools https://my.socialtradertools.com/register and login.

Before you can add you account, you will need to pay for hosting. You will need hosting for 2 accounts. 

Click ‘Add Hosting’ and sign up for 2 accounts.

Once you have signed up for a hosting plan. Go to the Configurator and select ‘Accounts’

Then click ‘Add Account’ to add your first account

Add your Oanda MT4 Demo account credentials and click Add Account.

Now add your FTMO account exactly the same way and wait for both accounts to connect. You’ll see a green checkmark once they are connected and recieve an email.

Now in the left tool bar go to Configurator > Trade Copier

Now we need to create the copier to copy our trades from the Oanda Demo account to the FTMO Account

Click ‘Create Copier’ and set up the copier to copy from the Oanda account to the FTMO account. You can leave the Risk Type & Multiplier settings as they are. If you are using different size accounts, the copier will automatically scale your position size, so you do not need to worry about it. Click Create Copier

Now that the copier is created we can configure the settings. Click the settings button.

First in General Settings turn the Copier Mode to ON and click Update

(Optional) Now in Risk Settings, increase the Slippage and Max Lot Values just to make sure that all of our trades get copied. Click update.

In Stops & Limits set all the settings to YES so that the copier will copy all Orders, Stop Loss and Take Profits across.

You can skip Disable Symbols and Map Symbols for now as we will come back to do some mapping in a minute.

Click My Copiers

Now that your copier is set up, double check that the copier is turned on. It will show the green button below if it is on.

Everything is now set up to test the copier. We can now place trades in TradingView and it will copy our trades into our FTMO account.

I opened a position in Tradingview on EURUSD 1,000,000 Units. You can see it opened an equivalent 10 lot position in both the Oanda and FTMO accounts.

Everything is working fine.

(Optional) Depending on the markets that you trade you may need to map the market names between Oanda and your broker. If the market names are not the same then the Trade Copier will not know which market to place the equivalent trade on. For example, Oanda’a Nasdaq 100 CFD market is called ‘NAS100USD’ whereas on FTMO it is called ‘US100.cash’. We need to map these in the Trade Copier. Here are the instructions to do that:

To do this we need to go back into the Trade Copier settings. Go to ‘Map Symbols’ and click Add ‘Symbol Map’

Find the 2 markets that you want to map and click ‘Create Map’

Now when we place a trade on this market, the copier will know to open the equivalent position on FTMO. Lets check.

Now when I open a position on NAS100USD in Tradingview the equivalent position is opened on US100.cash on the FTMO account. Everything is working fine. You may need to map your markets if the names don’t match. 

Additional note – Sometimes when all markets have a suffix, Social Trader Tools will automatically map the market name. In the first example we did here on EURUSD, the Oanda market is actually named EURUSD-g. Social Trader tools automatically mapped the ‘-g’ portion of the name so we don’t need to manually do this.

Thats it! Everything should be set up and you are ready to start trading your MT4/FTMO account through Tradingview.

As social Trader Tools is a cloud platform, you do not need to keep your Oanda or FTMO MT4 terminals open. 

If you have any comments or questions, you can leave them below the youtube video version of this tutorial here. 

Happy trading!

Kieran

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