Drawdown limits
Choose how drawdown is measured and set the limit for each account. Daily, static, and trailing measurement options let you configure the control around your firm's calculation rather than give every account the same setting.
MetaTrader 5cTrader
TradingView automation for MT5 and cTrader prop firm accounts
Send TradingView alerts to your prop firm accounts with separate sizing and risk settings for each account. Use Trade Copier to distribute a strategy across MT5 and cTrader, then manage their open positions from one dashboard.
PineHook is independent of TradingView, MetaQuotes, Spotware, and the firms named here. Brand names describe technical compatibility, not a partnership or endorsement.
Connect cTrader from the dashboard with nothing to install, or attach the PineHook EA to your MT5 terminal.
Two independent fleets. Example: a 1-lot EURUSD alert goes only to Prop Firm Fleet.
Works with MT5 and cTrader prop firms and brokers
Compatibility starts with the platform your account uses and the automation your firm permits. PineHook connects to MT5 and cTrader accounts across prop firms and brokers. The guides below cover setup and trading rules for a selection of prop firms and brokers.
Prop firms · MT5 and cTraderE8 MarketsFTMOThe5ers
Brokers · MT5 and cTraderBlackBull MarketsFP MarketsIC MarketsPepperstone
Brokers · MT5OANDA
This is a selection of guides, not a complete list of the prop firms and brokers PineHook works with. PineHook has no official partnership with any of these companies, and the guides do not imply their approval or endorsement.
Platform availability and automation permission are separate. Check the conditions for your challenge or funded account, including copying and news restrictions. A firm's MT5 policy may differ from its cTrader policy.
Set risk controls for each funded account
A profitable strategy can still breach a daily loss limit or open a trade outside permitted hours. Configure each account separately so an evaluation and a funded account can follow different limits.
Trading sessions
Set the hours when your strategy can open trades and optionally close positions when the session ends. Exits and trade management remain available outside the entry window.
Spread limits
Reject new entries when the spread exceeds your configured ceiling. An alert arriving during a spread spike is checked against the limit for its destination account.
Position and exposure caps
Limit exposure by symbol and strategy, with separate long and short limits. Choose whether an oversized entry is rejected or reduced to the permitted size.
Illustrative settings. Choose limits for your own account.
MT5 controls run in the EA on your terminal. cTrader controls run through PineHook's connected integration.
How to configure account risk controls →Set trading windows around economic releases
Use the News Calendar to review releases by currency and impact, then configure how long new entries should be blocked before and after a relevant event. Each account can use a different window to match its firm's news rules.
Closing trades and cancelling orders remain available during the news window. If your firm also restricts stop and target changes, enable "Also hold stop and target changes" to pause those adjustments, including trailing stops and breakeven. They resume when the window ends, while other controls such as spread limits still apply.
Explore the News Calendar in the dashboard demo →Run one strategy across multiple MT5 and cTrader accounts
Send your TradingView alert to a shared Trade Copier destination, which copies it to every account attached to that copier. Each account keeps its own multiplier, symbol settings, and risk limits. Include MT5 and cTrader accounts in the same copier where your firms permit it.
Size each account separately
A 0.10-lot alert with account multipliers of 0.5×, 1×, and 2× produces requested sizes of 0.05, 0.10, and 0.20 lots before broker normalization and applicable limits. Choose the multiplier for your strategy and account size.
Manage positions from your browser
Review account balances, equity, and open positions together. Close positions fully or partially and adjust stops and targets from the dashboard. MT5 actions require the EA to be connected; cTrader actions use your authorized connection.
Explore the dashboard before connecting your account
Open Trade Copier, review positions, or browse the News Calendar using sample data.
Interactive demo with sample data. All actions are simulated.
Trade Copier
Review connected accounts and their open positions together, with a separate multiplier for each copier destination. Read the guide.
Signal logs
Check each alert's status and timing breakdown, then inspect the details when a trade is rejected or takes longer than expected. Read the guide.
Account analytics
Compare equity, drawdown, and results by instrument using a consistent sample trading history. Read the guide.
Open positions
Inspect open trades, adjust stops and targets, or try a partial close using the demo's simulated controls. Read the guide.
Account settings
Explore the settings assigned to each license and how accounts are configured in the dashboard. Read the guide.
News Calendar
Browse releases by currency and impact, then select a license to see its configured news-filter window. Read the guide.
Match TradingView symbols and trade sizes to your broker
Keep the instrument names in your TradingView alerts and map them to the names your MT5 or cTrader broker uses. Set a prefix, suffix, or explicit rename for each account.
Lot size conversion adjusts explicit quantities received from TradingView using a conversion factor. Set a default factor and symbol-specific exceptions when instruments use different units. This is separate from the Trade Copier multiplier used to scale individual accounts.
Conversion applies to lot-based entries and closes. Percentage and calculated-risk sizing are unchanged, and broker minimums, maximums, and volume steps still apply.
Follow the trade from entry to exit
Combine your TradingView entry with take-profit targets, stop losses, trailing stops, and breakeven instructions. Review the result for each MT5 or cTrader account in the dashboard.
Scale out and manage stops
Split a position across multiple targets and close by percentage or explicit lots. Trailing and breakeven settings manage the stop as the trade develops, using the connection for its platform.
Explore trade management features →Keep a record of each alert
Signal logs show alert status and timing so you can investigate an execution or rejection. Account analytics show equity, drawdown, and results by instrument to help you review the strategy beyond a single trade.
Read the alert log →Connect your prop firm account to TradingView
Choose your platform in the PineHook dashboard. Once the account is connected, send a test alert before running your strategy.
cTrader: connect from the dashboard
- 1Select cTrader when creating a new license.
- 2Choose your cTrader account from the menu that appears. If no account is connected yet, click the connect button to sign in on cTrader's own secure authentication page. PineHook never sees your password.
Nothing to download or install. You do not need to keep the dashboard open for the connection to run.
MT5: connect through the PineHook EA
- 1Download the EA bundle and install it in your MT5 terminal.
- 2Attach the EA to a chart and enter your PineHook license key.
- 3Keep the terminal running and configure your TradingView alert.
Your broker login stays in your terminal. PineHook does not need your MT5 broker password.
Deciding between the two? Read our cTrader vs MT5 comparison for TradingView automation.
MT5 and cTrader prop firm automation questions
Can I automate TradingView alerts on MT5 and cTrader prop firm accounts?
Yes, where your firm permits the relevant automation method. PineHook sends TradingView alerts to your MT5 EA or your connected cTrader account. Check the rules for your account type and platform, including restrictions on automated strategies, trade copying, and news trading.
Do I need to install anything to connect cTrader?
No. Select cTrader when creating a new license and choose your account from the menu. If no account is connected yet, use the connect button to sign in on cTrader's own secure authentication page. PineHook never sees your cTrader password, and there is nothing to install.
Can Trade Copier send one alert to MT5 and cTrader accounts?
Yes. Add MT5 and cTrader accounts to the same Trade Copier and put its ID in your TradingView alert. PineHook copies the same alert to both platforms using the same trading instructions, with no platform-specific changes to your alert. Each account still applies its own lot multiplier, risk settings, and broker constraints. Your firm must allow copying for the accounts and strategy you use.
Does PineHook enforce every prop firm rule?
No. PineHook applies the drawdown, trading hours, spread, exposure, and other supported limits you configure. It does not enforce every firm's consistency rules or determine whether a strategy is permitted. Configure the controls to match your account and review the firm's current rules.
What happens if my MT5 terminal or internet disconnects?
New alerts received while your MT5 EA is offline are queued. Recovery mode and expiry settings determine what happens when it reconnects. Local MT5 trade management needs the EA and terminal to keep running. The cTrader integration runs through PineHook's authorized connection and does not require your browser to stay open.
How do I convert TradingView quantities into broker lots?
Set a lot size conversion factor in the dashboard, with symbol-specific exceptions where needed. For example, a factor of 0.00001 converts a received quantity of 100000 into 1.00 lot. Conversion applies to explicit lot quantities on MT5 and cTrader, including lot-based closes. Percentage and calculated-risk sizing are unaffected, and broker volume limits still apply.
Does PineHook need my broker password?
For MT5, the EA places trades through the terminal you already use, without sending PineHook your broker password. For cTrader, you sign in with cTrader and authorize account access. PineHook receives authorization tokens to operate that connection, not your cTrader password.
Try Pro free on your MT5 or cTrader account
Explore the dashboard and send your first TradingView alert during the beta, with no credit card required.
3 accounts with Pro
Trade Copier, individual risk settings, signal logs, account analytics, and open-position management in one dashboard.
20% off for 12 months after beta ends.*
* To qualify, connect your MT5 EA or cTrader account and send at least one alert to it during the beta.