Advanced Settings

Force Minimum Lot Size

When set, the copier will force the minimum lot size for the symbol if your copied lot size falls below the minimum. For example, most symbols have a minimum lot size of 0.01 and if the copier calculates a lot size below this, for example 0.005 then the trade would fail. Setting this value to true would then trade 0.01 in this case.

Setting this option does not effect any trades above the minimum lot size, for example if the minimum lot size for the symbol is 0.01, any trades above this such as 0.02 would still be traded as 0.02.

Force Maximum Lot Size

When set, the copier will force the maximum lot size for the symbol if your copied lot size goes above the maximum. For example, most FTMO symbols have a maximum lot size of 50 and if the copier calculates a lot size above this, for example 55 then the trade would fail. Setting this value to true would then trade 50 in this case.

Setting this option does not effect any trades below the maximum lot size, for example if the maximum lot size for the symbol is 50, any trades below this such as 45 would still be traded as 45.

Reverse Trade

When set, any trades placed will be reversed. For example, a buy position will be entered as a sell position, and vice versa.

Note - Reverse Trading cannot be used with Copy SL or Copy TP enabled as the values would be incorrect. Instead, you can still trade with a SL and TP set on the master, and the salve will close as a market order once these values are hit on the master.

Contract Alignment

Some brokers offer different contract size per lot, for example, broker A may offer the NAS100 at 10 contracts, whilst broker B may offer NAS100 at 100 contracts, meaning 1 lot on broker A is 10x smaller than 1 lot on broker B.

If this is the case for your brokers, enable this option to consider contract sizes while copying trades.

Contract Alignment is enabled on the Balance Multiplier risk setting by default, all other risk settings the user must enable this manually.

Copy Expiry Time

If set to on, the copier will copy expiry times from pending orders. Most orders are GTC, however, if you use Expiry times and wish to copy them to the slave trades, please set this option on.

By default, this option is on for all trade copiers.

Strict Close

WARNING - When enabled, your copier will ignore any close events from the master, you must trade with Stop Loss and Take Profit enabled, and your master trades must have Stop Loss and Take Profit values.

This option is useful for traders who wish to only close events on the slave when the Stop Loss or Take Profit value is hit, not when the master trade closes.

Failure to trade with Stop Loss and Take Profit will result in trades remaining open on your slave.

Only trade with this enabled if you fully understand the risks.

Copy Trade Comment

If set to No then any trade comments placed on the master trade will not be copied across to the slave. Further, if set to Yes, the trade comment will be copied from the master over to the slave.

If set to Custom, you can enter a custom trade comment on the Custom Comment box, any value entered here will be used as the trade comment on the slave.

Enter Custom Comment

Custom trade comments are used when the above Copy Trade Comment option is set to Custom. Any value entered in this box will be passed as the trade comment to the slave.

Copy Magic Number

Note - Magic Number is known as Expert ID on MT5.

If set to No then any trades placed on your slave will contain the Magic Number 0. If set to Yes, any trades placed on your slave will have the same Magic Number as your master trade.

If set to Custom, you can enter a custom Magic Number in the box to the right, any value entered here will be used as the trades Magic Number on the slave.

Enter Custom Magic Number

When a trade is placed by an EA they can often contain a magic number, this number can also be seen by brokers. With this setting you can either copy the magic number from the master trade, set a custom magic number, or not copy at all.

If set to "No" then the trade will contain a magic number of 0.

Note - Magic Number is known as Expert ID on MT5.

Custom Placed Type

A custom placed type can be used to adjust the way the trade looks to have been taken. For example, you made be trading with an EA that sets the placed type as Expert on the master, however, your broker may not allow EA trading, therefore, you can override this value to say Manually, making it look as though the trade was placed manually on the account.

Lot Refiner

Description - Our lot refiner allows you to refine the calculated lot size. For example, if you trade with a lot multiplier at 100%, each copied trade will take the same lot size as the master. However, you may wish to add 0.05 lots to every trade.

For example, your master trades 0.05 starting lots, which increases per position, as a starting point, a 0.05 trade will become 0.1 lots, the master then takes a 0.06 lot trade, this would become 0.11 on the slave, further, a 0.7 lot trade would become 0.12 lots.

Please note, you can enter both positive and negative lots, if you wish to add then you can do 0.05, if you wish to minus then you can do -0.05

Trade Delay (ms)

Description - Our trade delay feature allows you to add a delay to your trade entries. The value entered is the millisecond delay you wish to add to your trade entries. For example, a setting of 100 adds a 100ms delay (0.1 seconds), whereas a setting of 1000 adds a 1000ms delay (1 second).

You can set a fixed delay, meaning the same fixed value will be used on all trades. You also have the option to set a random delay time, meaning the delay will be a random delay between the two values set.

Trade delays are made on the Send, Modify and Close events.

Updated on: 20/11/2024