While direct conversion isn’t possible, here are several approaches to use indicators or strategies to convert pine script to MT4:
1. Manual Conversion:
- Understanding the Languages: Familiarize yourself with both Pine Script and MQL4 (MT4’s language).
- Export Pine Script Code: Export the indicator or strategy code from TradingView.
- Create MQL4 Equivalent: Create a new indicator or Expert Advisor (EA) in MT4’s MetaEditor.
- Translate Logic and Syntax: Manually translate the code from Pine Script to MQL4, paying attention to:
- Function names and syntax differences.
- Array handling and data access patterns.
- Indicator inputs and outputs.
- Trading logic for strategies (order placement, risk management).
2. External Connectors:
- TradingView to MT4 Bridges: Services like Zignaly or WunderTrading can connect TradingView alerts to MT4 for automated trading.
- These services often have subscription fees.
3. Freelance Services:
- Hire Experienced Programmers: Find freelancers on platforms like Fiverr or Upwork to convert the code for you.
- Ensure they have expertise in both Pine Script and MQL4.
4. Alternative Solutions:
- Find Similar MT4 Indicators: Search for existing MT4 indicators that closely resemble the TradingView indicator’s functionality.
- Recreate in MT4: If you’re comfortable with MQL4, recreate the indicator or strategy directly in MT4’s environment.
Key Considerations:
- Technical Knowledge: Manual conversion requires programming skills in both languages.
- Complexity: The complexity of the indicator or strategy affects the conversion difficulty.
- Testing: Thoroughly test the converted code in MT4 to ensure it functions as intended.
- External Tools: Evaluate the costs and features of external connectors or freelance services.
Choose the method that best suits your technical abilities, budget, and the complexity of the indicator or strategy you want to use in MT4.