AlgoWay vs PineConnector for TradingView Alerts

AlgoWay is designed as a multi-platform TradingView connector: lower pricing than PineConnector, native support for prop-firm platforms and crypto exchanges, plus detailed logs and performance analytics in one dashboard.

Feature AlgoWay PineConnector
Supported Platforms MetaTrader 5, TradeLocker, MatchTrader, DxTrade, cTrader, Binance,
OKX, Bybit, BitMEX, Capital.com...
Only MetaTrader4 / MetaTrader5
Price $6–$9 / month ≈ $30 / month
Cloud MT5 (RDP) $6 per month (pre-installed MT5) From $59.90 / month
Telegram Notification Yes — executions, errors, position updates No
Analytics PnL & winrate stats for alerts, per-strategy performance
Multi-Broker / Strategy Yes — multiple brokers, accounts and strategies per webhook Limited
Support 24/7 Live Chat with hands-on help Email

With AlgoWay, you keep the same TradingView alert logic while gaining access to more platforms, better risk control and full transparency of every executed trade.

HOW IT WORKS

1) TradingView Alert

Create an alert and paste AlgoWay Webhook URL & JSON template for your strategy.

2) AlgoWay Connector

We validate payload, log every step, send Telegram alerts and route the order to your broker or exchange.

3) Execution

Orders are placed on MT5 / TradeLocker / DxTrade / cTrader / exchanges. All executions stay in your dashboard logs.