Documentation
Complete guides for TradingView to MT5 automation, signal integration, and platform features. No coding required.
Risk Disclaimer
Forex trading involves substantial risk of loss. Past performance does not guarantee future results. Trade responsibly and only with capital you can afford to lose. Read full disclosure
Platform Overview
Nectar FX is a comprehensive trading automation platform that bridges TradingView alerts with MetaTrader 5 brokers. Our service eliminates the need for coding knowledge while providing professional-grade automation, AI-powered signals, and risk management tools.
Core Features
- TradingView to MT5 Bridge: Execute TradingView alerts directly on your MT5 broker account with zero latency
- No-Code Automation: Set up sophisticated trading strategies without writing a single line of code
- AI-Powered Signals: Receive high-accuracy trading signals (83% average) powered by machine learning algorithms
- Free Educational Courses: Access comprehensive trading courses covering forex fundamentals to advanced strategies
- Built-in Risk Management: Automated position sizing, stop-loss, and take-profit management to protect your capital
Quick Start Guide
Get up and running in under 10 minutes with this step-by-step guide.
Create Your Account
Sign up at nectarfx.com/register with your email. Verify your email address and complete your profile. Start with our 7-day free trial—no credit card required.
Connect Your MT5 Broker
Navigate to Dashboard > Connections > Add Broker. Select your broker from the list (or add custom broker details). Enter your MT5 login credentials. We recommend using a read-only API key initially for testing.
Configure TradingView Alerts
In your Nectar FX dashboard, copy your unique webhook URL. In TradingView, create an alert on your chart. Paste the webhook URL in the alert notification settings. Format your alert message using our syntax (see Alert Message Syntax section).
Set Risk Parameters
Go to Settings > Risk Management. Configure maximum position size, daily loss limits, and risk per trade percentage. Enable automatic stop-loss and take-profit calculations. Set maximum number of concurrent trades.
Test Your Setup
Send a test alert from TradingView or use our built-in test button. Verify the trade appears in your MT5 platform. Review execution logs in your dashboard. Adjust settings as needed based on results.
System Requirements
Required
- • Active TradingView Premium account (for webhooks)
- • MetaTrader 5 broker account with API access
- • Minimum $500 trading capital recommended
- • Stable internet connection (99% uptime recommended)
- • Modern web browser (Chrome, Firefox, Safari, Edge)
Recommended
- • VPS (Virtual Private Server) for 24/7 uptime
- • Multiple broker accounts for diversification
- • SMS notifications for trade alerts
- • Demo account for strategy testing
- • Trading journal for performance tracking
TradingView Setup & Configuration
Connect your TradingView charts directly to your MT5 broker with our webhook bridge.
Step 1: Get Your Webhook URL
- 1. Log into your Nectar FX dashboard
- 2. Navigate to TradingView > Webhook Settings
- 3. Copy your unique webhook URL (format: https://api.nectarfx.com/webhook/YOUR_API_KEY)
- 4. Keep this URL secure—it's the key to your account
Step 2: Configure TradingView Alerts
- Create Alert: Right-click on your chart > Add Alert, or click the clock icon in the toolbar
- Set Condition: Choose your trigger condition (e.g., "Crossing", "Greater Than", indicator conditions)
- Configure Message: In the alert message field, enter your trade command using our syntax (see below)
- Add Webhook: In the Notifications tab, check "Webhook URL" and paste your Nectar FX webhook
- Activate: Click "Create" to activate your alert
Webhook Integration
How Webhooks Work
When your TradingView alert triggers, it sends a POST request to your webhook URL with your trade parameters. Our server processes this request in milliseconds and executes the trade on your MT5 broker account. The entire process typically takes less than 100ms.
Webhook Security
- • All webhook communications use HTTPS encryption
- • Each webhook URL is unique and tied to your account
- • You can regenerate your webhook URL at any time
- • Failed authentication attempts are logged and monitored
- • Rate limiting prevents abuse (1000 requests per hour)
Alert Message Syntax
Use these command formats in your TradingView alert messages. All commands are case-insensitive.
Basic Buy Order
BUY EURUSD SL=1.0850 TP1=1.0950 TP2=1.1000 RISK=2%
Opens a buy position on EUR/USD with stop loss at 1.0850, two take profit levels, and 2% account risk.
Basic Sell Order
SELL GBPUSD SL=1.2750 TP=1.2550 LOTS=0.1
Opens a sell position on GBP/USD with fixed lot size of 0.1.
Close Position
CLOSE EURUSD
Closes all open positions for the specified pair.
Advanced Order with Multiple Parameters
"action": "BUY", "symbol": "EURUSD", "sl": 1.0850, "tp": [1.0950, 1.1000, 1.1050], "risk": 2, "comment": "Breakout Strategy", "maxSpread": 2.0
JSON format for advanced users with multiple take profit levels and custom parameters.
Available Parameters
| Parameter | Description | Example |
|---|---|---|
| action | Trade direction (BUY/SELL/CLOSE) | BUY |
| symbol | Currency pair | EURUSD |
| sl | Stop loss price | 1.0850 |
| tp | Take profit price(s) | 1.0950 |
| risk | Risk percentage of account | 2% |
| lots | Fixed lot size | 0.1 |
| comment | Trade comment/label | "Strategy A" |
Connecting Your MT5 Broker
Important: Ensure your broker allows API connections and algorithmic trading. Some brokers restrict automated trading on certain account types.
Connection Methods
Method 1: Direct API Connection (Recommended)
Most secure method using read-only API credentials. We never store your trading password.
- Log into your broker's client portal
- Navigate to API Settings or Developer Tools
- Generate API credentials (read-only recommended for testing)
- Copy API Key and Secret
- In Nectar FX, paste credentials and test connection
Method 2: MT5 Login Credentials
Alternative method using your MT5 account login. All credentials are encrypted.
- Locate your MT5 login number (displayed in MT5 terminal)
- Note your server name (e.g., "ICMarkets-Demo01")
- Have your investor or master password ready
- Enter details in Nectar FX connection form
- Verify connection status shows "Active"
Trade Execution
Execution Flow
- 1 Alert Triggered:
TradingView sends webhook to Nectar FX servers
- 2 Validation:
System validates alert format, checks account status and risk parameters
- 3 Position Sizing:
Automatic calculation based on your risk settings and account balance
- 4 Order Placement:
Trade sent to your MT5 broker via secure API
- 5 Confirmation:
Execution confirmed and logged in your dashboard
- 6 Notification:
You receive email/SMS alert with trade details
Average Execution Time
From TradingView alert to MT5 order: 50-150 milliseconds on average, depending on broker latency and network conditions.
Risk Management
Our platform includes comprehensive risk management tools to protect your capital.
Automatic Position Sizing
Calculate lot sizes based on:
- • Risk percentage per trade (1-5% recommended)
- • Stop loss distance in pips
- • Current account balance
- • Currency pair pip value
Daily Loss Limits
Automatically stop trading when:
- • Daily loss reaches your threshold
- • Maximum drawdown is exceeded
- • Consecutive losses hit limit
- • Manual pause activated
Risk Management Best Practices
- • Never risk more than 2% of your account on a single trade
- • Limit maximum concurrent positions to 3-5 trades
- • Set daily loss limit at 5-6% of account balance
- • Always use stop losses—never trade without protection
- • Monitor your trades regularly, especially during high volatility
- • Start with demo account before trading real capital
Automated Trading
Enable fully automated trading where our AI signals are executed automatically on your account.
How to Enable Auto-Trading
- 1. Go to Dashboard > Settings > Automation
- 2. Toggle "Enable Automated Trading"
- 3. Select signal types to auto-trade (Premium Signals, TradingView Alerts, or Both)
- 4. Configure filters (minimum confidence score, preferred pairs, timeframes)
- 5. Set maximum trades per day and per week
- 6. Enable trading hours (avoid major news events if desired)
- 7. Save settings and monitor execution logs
Auto-Trading Disclaimer
Automated trading involves significant risk. While our AI signals maintain high accuracy, no system guarantees profits. Past performance does not indicate future results. Monitor your automated trades regularly and adjust settings based on performance. You are responsible for all trades executed on your account.
AI Signal Service
Receive high-quality trading signals powered by advanced machine learning algorithms analyzing market data 24/7.
Signal Components
Currency Pair
The forex pair to trade (e.g., EUR/USD, GBP/JPY)
Direction (Buy/Sell)
Trade direction based on market analysis
Entry Price
Recommended entry point (current market or pending order)
Stop Loss
Price level to exit if trade moves against you
Take Profit Levels
Multiple profit targets (TP1, TP2, TP3) for scaling out
Confidence Score
AI confidence rating (70-95%) indicating signal strength
Market Analysis
Brief explanation of why the signal was generated
Signal Performance Metrics
Monitoring & Execution Logs
Track all trading activity and system events in real-time through your dashboard.
Available Logs
Trade Execution Log
Records every trade execution with:
- Timestamp and execution price
- Order type and position size
- Entry and exit levels
- Profit/loss in pips and currency
- Slippage and commission
Alert History
Tracks all incoming TradingView alerts:
- Alert content and timestamp
- Validation status (passed/failed)
- Rejection reason if applicable
- Execution outcome
Error Log
Documents system errors and connection issues:
- Broker connection failures
- Insufficient margin notifications
- Invalid alert format errors
- API rate limit warnings
Risk Disclosure Statement
IMPORTANT: PLEASE READ CAREFULLY
Trading foreign exchange (forex), contracts for difference (CFDs), and other leveraged products on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you.
Key Risks
- • Loss of Capital: You may lose some or all of your invested capital. Only trade with money you can afford to lose.
- • Leverage Risk: Leverage magnifies both profits and losses. A small market movement can result in significant account changes.
- • Market Volatility: Forex markets can be extremely volatile, especially during economic news releases and geopolitical events.
- • Automated Trading Risks: Automated systems can fail due to technical issues, internet connectivity problems, or unexpected market conditions.
- • Slippage and Gap Risk: Orders may be executed at prices different from requested, especially during fast markets or weekends.
- • Broker Risk: Your broker's financial stability, execution quality, and regulatory compliance affect your trading outcomes.
Performance Disclaimers
- • No Guarantee of Profits: Past performance is not indicative of future results. Profitable performance in the past does not guarantee profitable performance in the future.
- • Signal Accuracy: While our signals maintain an 83% historical accuracy rate, this does not guarantee future accuracy. Market conditions change constantly.
- • Hypothetical Results: Any performance statistics, backtests, or simulated results have inherent limitations and do not represent actual trading.
- • Individual Results Vary: Your results may differ significantly from displayed performance due to account size, risk tolerance, execution timing, and market conditions.
Your Responsibilities
- • Education: Ensure you fully understand forex trading, leverage, and risk management before trading real capital.
- • Independent Assessment: Make your own trading decisions. Do not rely solely on our signals or recommendations.
- • Risk Management: Implement proper risk management strategies including stop losses, position sizing, and portfolio diversification.
- • Professional Advice: Consider seeking advice from an independent financial advisor before engaging in forex trading.
- • System Monitoring: Regularly monitor your automated trading systems and adjust parameters based on market conditions.
- • Account Security: Protect your account credentials, enable two-factor authentication, and monitor for unauthorized access.
BY USING NECTAR FX SERVICES, YOU ACKNOWLEDGE THAT:
- • You have read and understood this Risk Disclosure Statement
- • You accept full responsibility for all trading decisions and outcomes
- • You understand that forex trading involves substantial risk of loss
- • You are using only risk capital that you can afford to lose
- • Nectar FX is not responsible for your trading losses
- • You agree to our Terms of Service and Privacy Policy
Terms of Service
Service Description
Nectar FX provides software tools to connect TradingView alerts with MetaTrader 5 brokers, AI-generated trading signals, and educational resources. We are a technology service provider, not a broker, financial advisor, or money manager.
User Obligations
- • Provide accurate account information
- • Maintain secure credentials and account access
- • Comply with your broker's terms and applicable regulations
- • Use services in accordance with our Terms of Service
- • Not engage in prohibited activities (market manipulation, fraud, etc.)
Limitation of Liability
Nectar FX is not liable for:
- • Trading losses incurred through use of our services
- • Broker execution issues, delays, or technical failures
- • Internet connectivity problems or service interruptions
- • Data inaccuracies or signal performance variations
- • Third-party service failures (TradingView, brokers, payment processors)
Service Availability
While we strive for 99.9% uptime, we do not guarantee uninterrupted service. Scheduled maintenance, technical issues, or circumstances beyond our control may cause service disruptions. We are not liable for losses resulting from service unavailability.
Regulatory Compliance
Important Notice
Nectar FX is a technology service provider and does not hold any financial services licenses. We do not:
- • Accept or hold client funds
- • Provide financial advice or investment recommendations
- • Act as a broker or dealer
- • Manage client accounts or portfolios
- • Execute trades on our own platform (all trades execute on your broker account)
User Responsibilities
Users are responsible for:
- • Ensuring forex trading is legal in their jurisdiction
- • Choosing a regulated and licensed broker
- • Reporting trading income to tax authorities
- • Complying with local financial regulations
- • Understanding the risks involved in leveraged trading
Data Protection
We comply with GDPR, CCPA, and other data protection regulations. See our Privacy Policy for details on how we collect, use, and protect your data.
Anti-Money Laundering
We cooperate with authorities to prevent money laundering and terrorist financing. Suspicious activity may be reported to relevant authorities. We reserve the right to request additional verification documents.