PowerTradeCopier Usage

PowerTrader Usage.

Adjusting for all modules is identical. The only difference is that, for the provider mode on the master side you do not need to enter passwords for slave accounts. Slaves should enter a passwords and configure transmission parameters on his side.

General Settings

1. Run PowerTradeCopier.exe and Press “Settings”

2. You can add servers for Master and Slave terminals by two ways. We recommend to use first way. If you use the first method and the brokerage company has changed the server IP, PowerTradeCopier change the server automatically.

First Method. Select "Metatrader' and select pach to terminal.exe file, press "Open" Press "add" and select second terminal.exe file for second terminal. Do this for all the master and slave terminals.

Second Method. Select “servers”

3. Put server name for master terminal (any name) server’s IP address and server’s port (if not 443). You should have to add all servers for master and slaves terminals.
You can find your broker’s IP, opening .srv file (select file and press F3) in the folder MetaTrder/config/
For example, broker FXCM

4. Select “General” select server for master terminal and put master terminal’s login (account #) and investor password.
Important: Master password will be unavailable on slave said, but we recommend using investor (read only) password for additional protection

5. Press Save.
6. Press “Slaves” and select “Edit”

7. Put slave’s account # (login) in to the User field. Select slave’s server (by name). You don’t need to put password. Your signal subscriber can put password on slave said. Press “Unblock”
8. Add all your slave accounts and press “Save”
Important: You should restart PowerTradeCopier after adjusting.
After adjusting, you can provide your subscriber(s) with PowerTradeCopier. You should send files: E34571.dll, E93612.dll, PowerTradeCopier.exe. We recommend to zip files before sending. You can use yousendit.com service. You should provide your subscriber(s) with your PowerTradeCopier registration ID.

8. Press “Slaves” select “Edit” and enter your password.

9. Select “Transmission parameters”

Description for Transmission Parameters

Compliance (mapping)

No : trade symbols provided by master side without any mapping.
End: Symbol_ suffix (example: EURUSD_fx) Stert: prefix_Symbol (example: fxEURUSD)

Transformation

Lot types: "MS", Fixed, “Balance”

Temporarily unavailable: "Equity", "Free Margin", "MRT".

2.1. LotType "MS". Slave lot calculated as master lot multiplied by Ratio(MS). Sample:
1) MasterLot = 0.1, MS.LotRatio = 1.0 => SlaveLot = 0.1*1.0 = 0.1
2) MasterLot = 1.0, MS.LotRatio = 2.0 => SlaveLot = 1.0*2.0 = 2.0
3) MasterLot = 6.0, MS.LotRatio = 0.5 => SlaveLot = 6.0*0.5 = 3.0

2.2. LotType “Fixed” Slave lot is equal to Fixed
2.3.LotType “Balance” Slave lot calculated as Account Balance/Basis *Pcnt/100. Sample:
1) Basis = 1 000.0, Pcnt = 10.0, current Account Balance = 12 000.0 Lot = 12000.0/1000.0 * 10.0/100 = 1.2 2) Basis = 500.0, Pcnt = 5.0, current Account Balance = 5 000.0 Lot = 5000.0/500.0 * 5.0/100 = 0.5

Filters

MinPriceDiff.StopLossSide and MaxPriceDiff.StopLossSide parameters define Buy zone for Buy orders and Sell zone for Sell orders in units of pips.

Only StopLoss side of orders takes part in check. CopyTool waits while orders are not in Buy/Sell zone. Buy or Sell performed once an order gets to allowed zone. So this feature makes it possible to open an order at good price. MinPriceDiff.TakeProfitSide and MaxPriceDiff.TakeProfitSide parameters define Buy zone for Buy orders and Sell zone for Sell orders in units of pips. Only TakeProfit side of orders is checked. CopyTool waits while orders are not in Buy/Sell zone. Buy or Sell performed once an order gets to allowed zone. So this feature makes it possible to open an order at better price.

Additional features

Manage orders, which were open to the master terminal before PowerTradeCopier running.

You can manage orders, which were open to the master terminal before PowerTradeCopier running.

Open “Orders” Red orders - orders, which were open to the master terminal before PowerTrade Copier running Green orders - orders, which were open to the master terminal after PowerTradeCopier running If you want to copy

red order, you should select it and press “Copy selected order”

Coppering Error

In case of an copying error (the order was not copied for any reason), the string with slave account will be illuminated with red light.

You can view error d