Test version has 2 restrictions:
1) Manages only OP_BUY and OP_SELLSTOP orders
2) Does not copy orders with more than 1.0 lot size
$435.95
Hedging Module for MT4 CopyTool Software
In connection with new NFA* rule, which forbids hedging, our company has developed an additional module for CopyTool, allowing to copy lock transactions on the additional account (lock - opening of orders in an opposite direction on one currency pair for reducing loss). If yours expert advisor or your trading strategy uses lock positions, you can use ours tool to continue work with your broker. You will only need to open an additional account at your broker.
We haven't witnessed any case, when the broker refused to do it. Let's consider operation of the module, taking AlpariUS broker as the example. Let's say, you have a master account A, and you open an additional account B and install an additional Metatrader. Both metatraders (both A and B accounts) will be slave accounts. You should install AlpariUK demo on the master account (it will be the reference account). Let's name it C. Lock transactions are not forbidden on AlpariUk demo account. So, you install the advisor on the account C (or trade manually on the account C); all basic transactions will be copied on the account A, and all lock orders will be copied on the account B. You can use this module to work with any broker, which forbids hedging of positions.
*New Compliance Rule 2-43(b) requires an FDM to offset positions in a customer account on a first-in, first-out basis, thereby prohibiting a trading practice commonly referred to as "hedging." A customer may, however, direct the FDM to offset same-size transactions even if there are older transactions of a different size. Rule 2-43(b) is effective for any positions established after May 15, 2009. Offsetting positions that were established prior to the effective date do not have to be liquidated, but once either position is closed out after May 15, it may not be reestablished as a hedge.
For orders executed after June 12, 2009, Compliance Rule 2-43(a) will prohibit an FDM from adjusting executed customer orders, with two exceptions. The first exception is where the adjustment is done to settle a customer complaint in favor of the customer. The second exception is where an FDM exclusively operates a "straight-through processing" model and the liquidity provider with which it entered into the automatic offsetting position changes the price of an executed order with the FDM.
Pursuant to the new rule, an FDM that adjusts an executed customer order based on an adjustment by a liquidity provider must provide notice to the affected customer within fifteen minutes of the customer order being executed. The notice must state that the FDM intends to cancel or adjust the order and must include documentation of the price adjustment from the liquidity provider. The FDM must either cancel or adjust all customer orders executed during the same time period and in the same currency pair or option regardless of whether they were buy or sell orders. All cancellations or adjustments of executed customer orders must be reviewed and approved by a listed principal of the FDM who is also an associated person. Such review must be in writing and include the documentation from the liquidity provider, and the written review and documentation must be provided to NFA at forex@nfa.futures.org. Finally, any FDM that may elect to cancel or adjust executed customer orders based upon liquidity provider price changes must provide customers with written notice of that fact prior to the time they first engage in forex transactions.
Hedging Module Price: $199.95
Warning. The work of the module is not possible without CopyTool Software.
1) supports copy operations between different MT4 brokers.
2) enables the building of your own MoneyManagement or an optimal lot size
3) copies signals of expert advisors as well as manual trades
4) supports duplicate of signals as well as merge of signals into a cohesive whole
5) has a lot of useful customizable inputs
What the maximum amount of working terminals does MultiTrade-Fx support?
The maximum amount of working terminals is not limited but depends on hardware resources of your computer only.
Is there any order to run Multitrade-Fx components?
We recommend to run MultiTradeFx.exe at first then run slave scripts and master scripts.
I have investor password only. Could I copy trade operations with read-only access to master account?
Sure .
How about gathering of signals from different master accounts to a slave account?
Yes, this mode are supported too but different brokers must have different ticket numbers. You may run 2 or more master terminals and one slave terminal to work.
Can your software proper handle the situation , in which different brokers have different symbol names, for example GBPUSD and GBPUSDm?
MultiTrade-Fx handles this situation simply. The slave script has build-in function MapSymbols . This function enables to set one-to-one mapping of different pairs and can be modified by trader (recompilation of the script in MetaEditor is required)
I would calculate the custom lot size like percent of account balance.
The slave script has build-in function CustomLot .
You can modify this function to add your own custom lot calculation (recompilation of the script in MetaEditor is required)
The script calls CustomLot function on LotType = 2
Are there any restrictions?
Metatrader Copier does not guarantee 100% success of copying of some complex operations like PartialClose and CloseBy.
I need some extra functionality. May I order development services?
Yes, all the possible changes are under discussion.
NEW!Bridge (Copier) Between Metatrader and MBTrading Navigator
MBTrading bridge allows you to copy trade signals from Metatrader account to MBTrading Navigator (ECN Broker). You can install any of your expert advisors to Metatrader 4 platform (demo or real) and copy all signals from metatrader to MBTrading Navigator. You can use direct requests from your Expert Advisors to MBTrading Navigator.
We have added additional scrip to the bridge between MBTrading Navigator and Metatrader 4. Now you can monitor all MBTrading Navigator orders in additional Metatrader 4 window. The columns within the window can be adjusted by you. Now you can also export the orders from order book to CSV format.
Warning! The MT4 -MBTrading Bridge is recurred from non licence use and can be installed only on one computer.
Unlimited version 1800USD
Time Limited version 450USD/1 year
NEW!MetaTrader 4 DDETool
Software
DDETool
makes it possible
import any data in real time from Metatrader 4 to third-pary software (supported DDE protocol).
For example, we can import quotations (or indicator's value) from MetaTrader to MS Excel for real time analysis.
Dynamic Data Exchange (DDE) is a technology for communication between multiple applications under Microsoft Windows or OS/2.Contents
Overview
Dynamic Data Exchange was first introduced in 1987 with the release of Windows 2.0. It used the "Windows Messaging Layer" functionality within Windows. This is the same system used by the "copy and paste" functionality. Therefore, DDE continues to work even in modern versions of Windows. Newer technology has been developed that has, to some extent, overshadowed DDE (e.g. OLE, COM, and OLE Automation), however, it is still used in several places inside Windows, e.g. for Shell file associations.
The primary function of DDE is to allow Windows applications to share data. For example, a cell in Microsoft Excel could be linked to a value in another application and when the value changed, it would be automatically updated in the Excel spreadsheet. The data communication was established by a simple, three-segment model. Each program was known to DDE by its "application" name. Each application could further organize information by groups known as "topic" and each topic could serve up individual pieces of data as an "item". For example, if a user wanted to pull a value from Microsoft Excel which was contained in a spreadsheet called "Book1.xls" in the cell in the first row and first column, the application would be "Excel", the topic "Book1.xls" and the item "r1c1".
Note: In DDE, the application, topic and item are not case-sensitive.
A common use of DDE was for custom-developed applications to control off-the-shelf software. For example, a custom in-house application might use DDE to open a Microsoft Excel spreadsheet and fill it with data, by opening a DDE conversation with Excel and sending it DDE commands. Today, however, one could also use the Excel object model with OLE Automation (part of COM). While newer technologies like COM offer features DDE doesn't have, there are also issues with regard to configuration that can make COM more difficult to use than DDE. www.wikipedia.org
$199.95
NEW!FOREX TESTER
Forex Tester is a professional software simulator of the Foreign Exchange Market. It allows you to gain and improve trading skills without risking your money. You do not need to train in real time, waiting for days and weeks to test your trading ideas and strategies, Forex Tester will pack this time in hours and minutes.
This is an excellent forex training tool that will help you to:
Study trading on the FOREX market in a
fast and convenient way.
Develop and test your own trading
strategies without being a programmer.
Test your trading strategies on years of
historical data.
Save your money and time.
The program has extended drawing tools that allow you to test trading strategies based on technical analysis. It provides some of the most popular technical studies such as: Fibonacci Retracement, Fibonacci Fan, Fibonacci Arcs, Andrews' Pitchfork and others.
Also, we added some of the most popular indicators and oscillators to Forex Tester and continue to increase their number. For the advanced users and programmers we designed open interfaces with detalied documentation to help you create your own indicators and strategies. Thus, if you have your own ideas, you can implement them using Forex Tester API and significantly expand the program functionality.
