It’s been decent few months. More than 150 people joined the beta testing. Around 40-50 using the tool on daily basis. I have receiver a tone of good feedback and ideas on how to improve the tool.
With your help, I managed to solve many issues and add new features.
Let me summarize what I manage to deliver.
Panel
- unlimited Multi-master / Multi-follower configuration
- set risk factor for follower (equity/balance ratio, lot multiplier, fix lot size)
- define TP/SL type: distance based, same as master, do not copy TP/SL
- define symbol mapping between master and follower accounts
- possibility to set all settings per symbol
- additional spread (helpful for TP/SL levels)
- disable – option to disable specific symbol from copying
- invert – option to invert Longs with Shorts, for example long on CA6U20 will be copied as short on USDCAD
- emergency stop – in case trade do not have SL, add default stop loss
Sierra chart
- Plugin do not send trades during Backtesting
- Optimize communication protocol – latency reduced by half
- Encrypt traffic in-transit with SSL
- Known limitations:
- Sierra chart do not expose balance/equity properly. Always use lot multiplier when master account is Sierra Chart
MetaTrader 4
- Improve error reporting – in case of errors, display meaningful and actionable guide
- TP/SL is validated before order is send
- Known limitations:
- Partial close is not supported
- Manual trade close in follower account will cause order to reopen. You can turn off the copier in order to manage follower account yourself
- You can add Expert advisor only once to single MetaTrader 4 chart. In case you add Expert Advisor on two or more charts, all trades will get copied multiple times
- Pending orders are not copied by design – tool always reflect master exposure
MetaTrader 5
- Plugin works in both modes: Netting and Hedging
- Improve error reporting. In case of errors, display meaningful and actionable guide
- TP/SL is validated before order is send
- easy to map rolling future contract to CFD symbol
- Known limitations:
- Netting account: Receiver manages all position on follower account. In case there is manual trade open, it will be closed immediately
- Pending orders are not copied by design. Tool always reflect master exposure
Still there is plenty work to do.
Stay tuned!