Automated Trading Software for MT4 & MT5 | Trade Algorithm
24/7 Trading Automation

Professional Trading Automation
for MT4 and MT5

Trade Algorithm's automation layer connects your TradingView strategies directly to your MetaTrader account via webhooks. When a signal fires, your trade executes automatically with the risk settings you control.

How It Works

From signal to executed trade in seconds

Three steps. Fully automated. No manual intervention required.

Step 1

Signal Fires

Your Elite TradingView indicator generates a signal based on your chosen strategy settings. A real-time alert is triggered automatically when your conditions are met.

Step 2

Webhook Processes

The alert is routed via webhook to our automation layer, which applies your configured risk settings including position size, daily loss limits and drawdown controls before execution.

Step 3

Trade Executes

The order is placed on your connected MT4 or MT5 account with the exact parameters you set. Your PC does not need to be running. The system handles everything server-side.

Trade Algorithm automation dashboard showing live MT4 accounts
Webhook Execution

Your strategies running while you sleep, work or travel

Traditional automated trading requires your computer to be on, your platform to be running, and you to be available. Our webhook-based execution changes that. Everything runs server-side.

  • Server-side execution means your PC does not need to be on 24/7
  • TradingView alerts route via secure webhooks to your MT4 or MT5 account
  • Works across all major market sessions without any manual input
  • Automate between 1 and 15 strategies simultaneously depending on your tier
  • Compatible with prop firm accounts and personal funded accounts
  • Full setup walkthrough included in the Elite tutorial academy

An optional third-party API connection of approximately $15-30/month is required for automation. This is separate from the Elite platform fee.

Trade Algorithm strategy templates and backtest results
Strategy Templates

Pre-built templates ready to automate from day one

You do not need to build a strategy from scratch. Elite includes a library of pre-built, backtested strategy templates across Gold, Forex, Indices and more. Select one, configure your risk, and automate.

  • Tested strategy templates across Forex, Gold (XAUUSD), indices and crypto
  • Fully configurable. Adjust any rule to match your own trading approach
  • Not black-box. You can see and modify every rule and parameter
  • Backtest any template across years of historical data before going live
  • Build your own custom strategy and automate it using the same system
See all Elite features
Risk Management

Automated risk controls built into every trade

Every automated trade runs through your configured risk engine. Set the rules once and the system enforces them automatically, every session.

Daily Loss Limit

Set a maximum daily loss threshold. When your account hits that level, the automation pauses for the rest of the session. Your funded account stays protected even when you are not watching.

Maximum Drawdown Control

Define the maximum drawdown your account can sustain. The system monitors this in real time and triggers an account-level kill switch if the threshold is reached, protecting your capital automatically.

Position Sizing Engine

Risk a consistent percentage of your account on every trade, automatically. The system calculates the correct lot size based on your account balance, stop loss distance and risk percentage each time.

Time-Based Closures

Schedule automatic position closures at specific times to avoid weekend market gaps or news events. Set it once per account and the system handles it every week without manual intervention.

Platform Compatibility

Works with MetaTrader 4 and MetaTrader 5

Connect any MT4 or MT5 broker account to the automation system. More platforms are being added. US clients can use MT4/MT5-compatible CFD brokers with no restrictions.

Supported Platform
MetaTrader 4
The world's most widely used CFD trading platform. Compatible with hundreds of brokers globally including all major prop firm evaluation accounts.
Supported Platform
MetaTrader 5
The next generation of MetaTrader with multi-asset support, faster execution, and advanced order types. Fully compatible with the Elite automation system.

Prop firm accounts including FTMO, E8 Funding and FXify are all compatible. See our prop firm page for full details.

Member Reviews

Traders automating with Elite

Real results from real members. See all reviews on Trustpilot →

Individual results may vary. Past performance does not guarantee future results.

FAQ

Automation questions answered

Everything you need to know about how the automation works.

No. The automation runs entirely server-side via webhooks. Your PC, laptop or phone does not need to be switched on for trades to execute. When a signal fires on TradingView, the alert is routed automatically to your connected MT4 or MT5 account without any local device involvement.

When your TradingView indicator generates a signal, it sends a small automated message (called a webhook) to our automation server. The server reads your configured risk settings, calculates the correct position size, checks your daily loss limits, and places the order on your MetaTrader account. All of this happens in seconds, automatically.

Yes. Many Elite members run automated strategies on FTMO, E8 Funding, FXify and other funded account programmes. The risk management tools including daily loss limits, drawdown controls and time-based closures are specifically designed with prop firm rules in mind. Our team can help you configure your setup correctly for your chosen prop firm.

Any broker or prop firm that supports MetaTrader 4 or MetaTrader 5 is compatible. This includes the majority of major brokers globally and most prop firm evaluation accounts. US clients can use MT4/MT5-compatible CFD brokers including OANDA US and Forex.com with no restrictions on the automation.

This depends on your tier. Premium members can automate up to 3 strategies simultaneously on 1 connected account. Elite members can automate up to 15 strategies across 5 connected accounts. Each strategy runs with its own independent risk settings.

Yes, there is a third-party API connection cost of approximately $15-30 per month depending on usage. This covers the webhook infrastructure that routes your signals to MetaTrader. It is separate from your Elite platform fee. The full setup process and how to activate this is covered in the tutorial academy.

Yes. The automation handles the strategies you assign to it. You can still manually trade on the same or separate accounts independently. Many members use a mix of automated strategies on one account and manual trading on another, using the same indicators for both.

Book a Demo

See the automation live on a call

Get a personal walkthrough of how the webhook automation connects to your MetaTrader account, and how to configure your risk settings correctly from day one.

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