Create Copier
Video Tutorial:
Written Tutorial:
Creating a trade copier on Traders Connect is a straightforward process. Follow the steps below to set up your trade copier and start copying trades efficiently.
Step-by-Step Guide to Creating a Trade Copier
Step 1: Access the Copy Trading Page
Navigate to the Copy Trading Page:
Head over to the Copy Trading page in the Traders Connect app, which can be found here (https://docs.tradersconnectPopularSL and TP Settings
Copy Stop Loss
When set, the copier will copy the Stop Loss value over to the slave account if set on the master. Be aware, this is used as a fallback, if the master account closes the trade then the slave trade will also be closed.
If this option is not set, the trades will still be closed on the slave if the master hits Stop Loss.
Copy Take Profit
When set, the copier will copy the Take Profit value over to the slave account if set on the master. Be aware, this is used as a fallbaPopularGeneral Information
Symbols are exactly that, trading symbols, such as EURUSD, XAUUSD, AAPL etc. They are the symbols that will be traded on your broker account.
In order to use a trade copier correctly, you must be aware of certain things related to symbols, otherwise, you may run into issues whilst copy trading.
General information
Symbol Names - It's very important to be aware of symbol names whilst copy trading, if the names do not match exactly then your trades will fail to copy.
Minimum LoSome readersPause Copier
Traders Connect offers a versatile Pause Copier feature that allows you to temporarily halt your trade copier operations. This feature is designed to provide flexibility and control over your trading activities, whether you need a brief pause or a specific duration.
How to Use the Pause Copier Feature
Quick Pause Options
Our Pause Copier feature includes convenient quick options that let you pause the copier for predefined periods. These quick options make it easy to pause your copierFew readersRisk Types
Fixed Lot
Use case - You want every trade to open at the same lot size
Description - A fixed lot value that will be taken on the slave account, the value entered here will be the lot size for every trade.
Lot Multiplier
Use case - If you calculate your risk per trade based on Lot sizes, you likely need the Lot Multiplier.
Description - Our Lot Multiplier will multiply the lot size between the Master and the Slave. A 100% Lot Multiplier will match the lot size exactlFew readersModify Copier
Configuring your slave settings allows you to change your copier configuration, for example, adjusting the risk settings, remove stop loss copying etc.
To adjust your slave settings, find the copier row which contains the slave you wish to edit, on the right side column under settings you will see some options, the first icon being "Edit Slave", clicking this option will bring up the copier settings screen for that slave. Once you have configured your desired settings, simply click "Confirm".Few readersAdvanced 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 isFew readersSymbol Mapping
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In some cases, brokers use different symbol names, for example, the DAX market may be DE40 on broker A, but GER40 on broker B. Therefore, these would require mapping in order for trades not to fail.
Our platform will attempt to automatically map trading symbols where possible, currently on Forex pairs. For Indices, Stocks, etc with different names you will need to map them manually on our advanced mapping screeFew readersMultiplier Explained
For our multiplier options we base this on a percentage of the master trade. You may be used to other copiers using a multiplier value such as 1, however, we believe a percentage based multiplier is far more flexible.
If you wish to copy the master position size exactly, with a 1:1 copy size, you would use a risk percentage of 100%.
As an example, keeping things simple, if you use Lot Multiplier at 100%, a 10 lot trade on the master will copy as 10 lots on the slave, as 100% of 10 is 10.
If yFew readersTrade Filters
Filter by magic number
The filter by magic number option allows you to copy trades that contain a certain magic number. For example, if you set your filter to be Yes and 10, only trades on your master that contain the magic number 10 will be copied.
Any trades that do not contain the magic number filter will be ignored.
Filter by comment
This allows you to filter trades by a specific comment, for example, your master trade runs two EA's, each EA contains a comment such as robFew readersAdditional Slaves
If you wish to add additional slave accounts to your copier, this is very simple. Once you have created your first copier config, you will see a new row populated on the Copy Trading page, within this row, towards the right hand side, you will see a Settings column, which contains a green + icon, when hovered will say "Add Slave", simply hit this button.
You will now see a popup screen which allows you to add an additional slave to your copier confFew readersRisk Settings
Copy From Account
Your Master trading account that you wish to copy trades from.
Copy To Account
Your Slave trading account that you wish to copy trades to.
Risk Type
Risk type determines how you wish to calculate the position sizing on the copier, we have multiple options which you need to understand before setting. You can read more about our risk types here.
Risk Setting
Risk settings determine the calculated lFew readers