The functionality of MT4 or MT5 is enough for novice traders who rarely work with several curren
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Attention: on netting accounts, each synchronization will automatically close and then re-open positions. This can lead to losses on the spread being greater than gains. Therefore, a warning about working on netting accounts is inserted in the code.
During copying, the system periodically checks whether the positions on the buyer’s account correspond to the provider’s positions. If a discrepancy is detected, for example, only a part of the items is copied, the system will try to eliminate it — copy the missing ones. At the same time, unlike the initial synchronization, the total floating profit of the provider is not checked. If the subscriber has started copying, then he should follow the provider’s trading strategy as much as possible, it is impossible to copy some positions, and others — not.
If positions are found on the subscriber’s account,
if they are not opened on a signal, the system will offer to close them or close them
automatically, depending on the “Sync positions without confirmation” setting.
Attention: on netting accounts, each synchronization will automatically close and then re-open positions. This can lead to losses on the spread being greater than gains. Therefore, a warning about working on netting accounts is inserted in the code.
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During copying, the system periodically checks whether the positions on the buyer’s account correspond to the provider’s positions. If a discrepancy is detected, for example, only a part of the items is copied, the system will try to eliminate it — copy the missing ones. At the same time, unlike the initial synchronization, the total floating profit of the provider is not checked. If the subscriber has started copying, then he should follow the provider’s trading strategy as much as possible, it is impossible to copy some positions, and others — not.
If positions are found on the subscriber’s account,
if they are not opened on a signal, the system will offer to close them or close them
automatically, depending on the “Sync positions without confirmation” setting.
During copying, the system periodically checks whether the positions on the buyer’s account correspond to the provider’s positions. If a discrepancy is detected, for example, only a part of the items is copied, the system will try to eliminate it — copy the missing ones. At the same time, unlike the initial synchronization, the total floating profit of the provider is not checked. If the subscriber has started copying, then he should follow the provider’s trading strategy as much as possible, it is impossible to copy some positions, and others — not.
The Signals Copier for MetaTrader 5 utility is designed to work on the built-in virtual hosting in MetaTrader 5.
The copier is installed on a trading account that is subscribed to the Signals service and allows you to increase the volume of copied positions. The Signals Copier for MetaTrader 5 utility can work with both traditional trading accounts (netting accounting) and new account types (hedging accounting).
For more information about the operation and device of the utility, see the article How to copy signals using an Expert Advisor according to your own rules?
It is recommended to use it when the provider trades a minimum lot.
- Expert’s identifier – the magic number of the Expert Advisor.
- Deals multiply by – how many times the utility will increase the positions that the Signals service opens.
Key Features of Algorithmic Trading Software
10 June 2016
17 May 2017
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