Archive for August 1, 2020

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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
    • risk factor
    • 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 – cut latency 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!

Welcome! It’s been a long journey. I’ve been working on trade copy tool for many months already. So far only few people were using the tool on daily basis. It’s time to invite more people into testing. Running closed beta will help a lot in finding different angles where application work/or do not work.

The plan is to run beta starting a beta testing in August 2020 and close it around January/February 2021.

Key focus is to test few scenarios:

  • Copy trades from Sierra chart to MetaTrader 4 and MetaTrader 5
  • Copy trades between MetaTrader 4 platforms
  • Increase platform stability
  • Improve performance
  • Introduce encryption in-transit

Roadmap for coming months

  • August 2020 – January 2021 – Closed beta testing
  • February 2021 – Refresh aimfx.io website with content
  • March/April 2021 – Provide access to the tool via subscription
  • Introduce another platforms: cTrader / NinjaTrader / Multicharts.net

Stay tuned!

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