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Pine Script to MT5 Conversion Checklist

The source, timing and acceptance decisions needed for a lawful and testable TradingView Pine Script to MetaTrader 5 conversion.

The checklist

  1. 1

    Source authorization

    Provide editable Pine code you own or are authorized to use; protected or invite-only code is not extracted.

  2. 2

    Target type

    Choose an MT5 indicator, Expert Advisor, dashboard or an explicitly bounded combination.

  3. 3

    Bar timing

    Define whether signals use the forming bar, completed bars or a configurable choice.

  4. 4

    Repainting map

    Identify lookahead, higher-timeframe requests, pivots and other logic that can revise historical signals.

  5. 5

    Alert mapping

    Specify which TradingView conditions become MT5 alerts, buffers or trade actions.

  6. 6

    Order behaviour

    For an EA, define sizing, entries, exits, duplicate prevention and trade-management rules separately from the indicator.

  7. 7

    Data assumptions

    Document symbol mapping, sessions, timezone, timeframe and acceptable feed differences.

  8. 8

    Visual parity

    List the plots, labels, colors and dashboard elements that matter for acceptance.

  9. 9

    Reference examples

    Provide dated screenshots or exported values for representative signals and no-signal cases.

  10. 10

    Tolerance

    Agree how timing or value differences caused by platform data will be classified and resolved.

Common questions

Can every Pine Script be converted line for line to MQL5?

No. The platforms use different data, execution and drawing models. The reliable target is agreed behaviour, documented timing and reproducible examples.

Can an invite-only TradingView script be extracted?

No. A conversion requires editable source and authorization. Protected-code extraction is outside scope.

Will an MT5 conversion produce the same backtest result?

Not necessarily. Broker data, spread, order execution and strategy-engine assumptions can differ. Behavioural parity and tolerances must be defined first.

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Trading risk disclosure

Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing one's financial security or lifestyle. Only risk capital should be used for trading, and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

Hypothetical performance disclosure

Hypothetical performance results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. There are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. Hypothetical results are generally prepared with the benefit of hindsight, do not involve financial risk, and cannot completely account for the impact of financial risk in actual trading. Market conditions, the ability to withstand losses, and adherence to a trading program can all materially affect actual results.

NinjaTrader trademark disclosure

NinjaTrader® is a registered trademark of NinjaTrader Group, LLC. No NinjaTrader company has any affiliation with the owner, developer, or provider of the products or services described herein, or any interest, ownership or otherwise, in any such product or service, or endorses, recommends or approves any such product or service.

Testimonials, when shown, may not represent the experience of other clients and are not a guarantee of future performance or success. Virtual-currency trading carries additional risks. See the CFTC customer advisories. Read the full financial risk disclaimer.