Reverse TradeCopier Follow may replicate trading operations from the account by which Reverse TradeCopier originis running .
Specifications:
- Copies trading operations from one source account (primary account) to numerous follower accounts (weak accounts).
- permits you to specify just the investor password (read-only) for the source account (primary account).
- There are no complicated settings and input parameters, everything is straightforward.
- Works with different agents .
- It works with symbols which have different quotations (EURUSD_FX, eurusd_m, etc.).
- It can replicate trading operations from accounts that use 4-digit quotations to accounts with 5-digit quotes or vice versa.
- Allows you to replicate trading operations between brokers with immediate and market execution (ECN).
- The volume of transactions for the subordinate account is selected depending on the difference between the free margin on this account and the source account. The minimum and maximum volume is limited by the broker’s settings. This is better than a fixed lot size.
- Copies both Expert Advisor trading operations and manual operations.
- A “Reverse Trades Follow Report” is created for each follower account. Saved in the “MT5 terminalMQL5FileReverse TradeCopier”directory.
- Supports most of the market and pending orders:
- Buy -> Sell
- Buy Stop -> Sell Limit
- Buy Limit -> Sell Stop
- Sell -> Buy
- Sell Stop -> Buy Limit
- Sell Limit -> Buy Stop
- (Stop Loss is replaced by Take Profit or vice versa)
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- Buy -> Sell
- Buy Stop -> Sell Limit
- Buy Limit -> Sell Stop
- Sell -> Buy
- Sell Stop -> Buy Limit
- Sell Limit -> Buy Stop
- (Stop Loss is replaced by Take Profit or vice versa)
Application:
Note:
If you trade manually or with another Expert Advisor on a follower account, the “Reverse TradeCopier Follow” program will close.
It does not copy positions/orders that were opened / placed by running the “Reverse TradeCopier Source” and “Reverse TradeCopier Follow” programs.
The price of trading operations on the follower accounts may differ slightly from the price on the source account if the accounts are owned by different brokers or under strict market conditions.
The old “Reverse Trades Follow Report” is erased and a new one is created in two cases:
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