At the first start, the tool starts in the “Source” mode in the “Stop” state.
You can choose the way the utility works. The tool works in three modes: Source, Receiver and Self-copier. To copy trades from the current account, the “Source” mode is used; to copy trades from another account to the current one, the “Receiver” mode is used; to copy trades from the current account to the current one, the “Self-multiplier” mode is used.
The utility window also contains the selection of the source account. For the “Source” and “Self-multiplying” modes, this option is blocked, since the source is the current account. In “Receiver” mode, you can select any of the sources currently running on your computer.
When you select the “Receiver” mode, the utility window switches to an extended format containing all the settings of the copier.
The parameter “Copying orders” determines the way of copying orders. There are several options: Copy All, Reverse All, Don’t Copy Pending Orders, Don’t Copy Buy Orders, Don’t Copy Sell Orders and Don’t Copy New Orders.
The parameter “Closing orders mode” determines the mode of closing orders – in the “Together with source” mode, orders will be closed simultaneously with orders in the source account. In “Standalone” mode, orders will be closed only in case of triggering of SL or TP.
The “Maximum delay time” parameter defines the maximum delay time (in seconds) between the time of opening an order on the source account and the current account. If there is a delay greater than the value specified in this parameter, the order will not be copied.
The “Maximum negative price dev” parameter determines the maximum price deviation (in pips) to the adverse side (up for buy orders, down for sell orders) on the source account and the current account. If the price deviates more than this value, the order will not be copied.
The “List of allowed symbols” and “List of restricted symbols” parameters contain lists of currency pairs allowed and prohibited for copying. Currency pairs must be separated by commas. If the “Allowed symbols list” parameter is filled, orders will be copied only for the currency pairs specified in this parameter. If the parameter “List of restricted symbols” is filled, all orders will be copied, except for orders opened on the currency pairs specified in this parameter. If both parameters are filled, the “Allowed symbols list” parameter takes precedence.
The “Allowed magics list” and “Restricted magics list” parameters are similar to the previous two parameters, but contain lists of allowed and prohibited magic numbers.
The “Min free margin” parameter sets the minimum margin at which an order can be copied.
The “Emergency equity” parameter sets the equity level at which all orders copied to the current account will be closed and copying new orders will be impossible.
The parameter “Ord size calc” defines the order calculation method on the receiving account. There are five calculation modes – Equal to source (size of the order will be the same as on the source account), Ratio of deposit (size of the order is calculated based on the ratio of deposits on the source and receiver), Use a multiplier (size of the order on the receiving account is calculated by multiplying the size of the order on the source by a multiplier), Deposit * multiplier (the size of the order is calculated based on the ratio of the sizes of deposits on the source and the receiver and multiplied by the multiplier) and Fixed (puts a fixed size of the order on the receiver). The “Order size multiplier” parameter is responsible for the size of the multiplication in the corresponding order size calculation modes. The parameter “Fixed order size” is responsible for the size of the order in the “Fixed” mode.
The “SL, TP & TS copy mode” parameter determines the mode of copying stop loss and take profit levels. There are four modes – Copy (copies SL and TP from the source account), Copy virtual (copies SL and TP from the source account without setting them explicitly), Fixed (sets fixed stop loss and take profit levels) and Fixed virtual (sets). fixed levels stop loss and take profit without setting them explicitly). “Fixed SL”, “Fixed TP” and “Fixed TS” parameters set fixed SL, TP levels and trailing stops in pipes.
The “Translate symbols from” parameter contains a list of symbols for which open orders must be opened on other symbols specified in the “Translate symbols to” parameter. Characters must be separated by commas. In this case, the first symbol of the “Translate symbols from” parameter will be translated into the first symbol of the “Translate symbols to” list, the second – into the second, etc. These parameters can be used when the same symbols are named differently by different brokers, or when you want to copy trades from one symbol to another.
The parameters “Copy mode of Magics” and “Comment mode of Comments” determine the modes for copying magic and ordering comments. The “Magic copy mode” parameter has two modes – Copy (copies magic from the source) and Set fixed (sets fixed magic on the receiver). The “Comments copy mode” parameter, in addition to these two, also has the Copy and set fixed mode (copies a comment by adding a fixed expression to it). The parameters “Fixed magic” and “Fixed comment” determine the fixed values of magic and comment in the respective modes.
The utility has the ability to set an activity schedule. Orders will be copied during activity periods, outside this period – no. Please note that if the “Maximum time delay” parameter is not set, if an order opened outside the activity period is still open on the source account, it can be copied when the activity period occurs.
The “Schedule mode” parameter has two values - Hours of activity and Hours of inactivity. The remaining schedule parameters determine the periods of activity or inactivity (depending on the chosen mode).