This page combines the old FAQ with the current public AlgoWay materials. It covers what users actually ask now: how AlgoWay works, trial and pricing, TradingView alerts, email-based TradingView workflow, JSON fields, MT5 Expert Advisors, platform-specific notes, Telegram notifications, and the real error cases traders hit in practice.
Current public positioning: TradingView automation, signal sources from TradingView / MT5 / cTrader, public starting price from $6/month, 14-day free trial, and 22+ supported platforms.
AlgoWay is a trading automation and order-routing platform. It can receive signals from TradingView, MetaTrader 5 and cTrader, then route those signals to supported brokers and exchanges.
The current public site presents TradingView, MetaTrader 5 and cTrader as supported signal sources.
The current public site presents 22+ supported platforms. Public pages and manuals exist for routes involving:
Yes. The public site currently offers a 14-day free trial with no credit card required.
The current public starting price is $6/month.
Yes. The homepage also presents an optional Windows VPS offer.
The public onboarding flow is simple:
Not always. AlgoWay also has a workflow where TradingView sends a plain-text email alert to a dedicated AlgoWay email address instead of using a TradingView webhook URL.
Yes. AlgoWay has public materials for manual TradingView alerts and for TradingView JSON payload structure.
Check the logs in AlgoWay. If the signal reached the system, you should see the call, parsed fields and the final result or error.
The minimum required fields are:
platform_nametickerorder_contractsorder_action{
"platform_name": "metatrader5",
"ticker": "EURUSD",
"order_contracts": "0.10",
"order_action": "buy"
}
AlgoWay supports two models:
sl_price, tp_pricestop_loss, take_profitIf both are present, the absolute price fields take priority.
Yes, but not on every connector.
The public schema uses trailing_pips.
| Connector Status | Platforms |
|---|---|
Supports trailing_pips |
Binance Futures, Bybit Futures, Bitget Futures, Capital.com, DxTrade, Match-Trader |
Ignores trailing_pips |
cTrader, OKX, MEXC, BitMart |
| MT5 handling | MT5 can use JSON trailing and also EA-based trailing logic |
order_action = "flat" mean?
It means close-position logic.
In hedge-style situations you can also use close_side
to close only one side.
{
"platform_name": "metatrader5",
"order_action": "flat",
"ticker": "EURUSD",
"order_contracts": "0.10",
"close_side": "short"
}
modify and breakeven actions?Yes.
modify is used to update an existing position or order, usually SL/TPbreakeven is used to move Stop Loss to entry price{
"platform_name": "okx",
"order_action": "modify",
"ticker": "ETHUSDT",
"comment": "TV#12345",
"stop_loss": "140",
"take_profit": "280"
}
{
"platform_name": "metatrader5",
"order_action": "breakeven",
"ticker": "GBPUSD",
"order_contracts": "0.10"
}
AlgoWay provides MT5 Expert Advisors for routing and execution workflows. Public guides cover installation, webhook setup, required terminal permissions, EA activation and verification through logs.
For the webhook-based MT5 copier/manual workflow, MT5 must allow Expert Advisors and outgoing WebRequests.
Add at least:
https://algoway.co
For some copier routes you also need the destination platform URL in the WebRequest allow-list.
In the public MT5 EA guides, the expected value is the webhook UUID.
Do not paste the full https://... address into the input that expects the AlgoWay webhook ID.
Yes. The public MT5 v2.06 guide describes two models:
It also documents EA-side trailing and breakeven settings:
EnableTrailingStopTrailingStepEnableBreakevenBreakevenAfterPipsYes. The public MT5 v2.06 guide lists:
EnableTelegramNotificationsTelegramChatIdTelegramBotTokenThat guide describes Telegram notifications for disconnect / reconnect related events.
Reverse is the default mode in the public MT5 v2.06 guide.
close_side can be used to close only one sidelong and short are additionally accepted as buy and selllong becomes short, and short becomes longclose_side is used, its side is inverted tooThe public cTrader connector logic page describes two primary modes:
No. The current public JSON schema marks cTrader among connectors that ignore trailing_pips.
There are two public Telegram workflows:
415 Unsupported Media Type means AlgoWay received your signal, but the content was not in a shape it could read correctly.
The usual causes are:
At minimum, check these fields first:
platform_nametickerorder_contractsorder_action4752 = trading disabled by client/server.
Check this list:
4756 = request rejected by the broker/server.
Common causes listed in AlgoWay public materials:
In AlgoWay public materials, 4014 has two faces:
https://algoway.co was not whitelisted in MT5 terminal settings10018 = market closed.
Check symbol trading sessions in MT5 specification and make sure you are not sending orders outside the allowed session.
10024 = too many requests.
This means your automation is sending too many order requests in a very short time. Slow down the request rate and check the logs for repeated order attempts.