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Experts: Trade Multiplier

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Automated-Trading
Admin
101249
Automated-Trading  

Trade Multiplier:

This expert will copy a trade with the preset volume on the same account, can be used with a signal. No cross-account functionality.

Trade Multiplier

Author: Voodookoop

Max
335
Max  
Automated-Trading:

Trade Multiplier:

Author: Voodookoop

What is the point if this??
Alain Verleyen
Moderator
31184
Alain Verleyen  
Max:
What is the point if this??
To blow out your account quicker.
Voodookoop
184
Voodookoop  

The point is, that when

1. you subscribe to a signal

2. you are not satisfied with the lot sizes of the trades comes from that signal

3. you don't want, or can't increase your balance

You have no other option to earn and risk more, but to use something like this.

Trade Multiplier
Trade Multiplier
  • votes: 1
  • 2017.04.18
  • Voodookoop
  • www.mql5.com
This expert will copy a trade with the preset volume on the same account, can be used with a signal. No cross-account functionality.
Mikhail Zhitnev
10240
Mikhail Zhitnev  

Yes, sometimes duplicators are very usefull!

I made such copier (orders duplicator) too. 

There are also feature - to copy trade in reverse direction (trye/false). So it can decrease the risk. 

Aslo it is possible to do next things:

1) Copy by magiс or comments

2) Copy with fixed lot size or classical multiplier

3) Copy SL/TP  true/false

4) Copy pending orders   true/false

5) Close each order at profit  XX points

6) Checking max DD to stop copying


Also I do not uses Timeout, but I programmed slippage. Because price can go back in a few hours at same original level - and it will be opportunity to copy trade.

Zee Zhou Ma
969
Zee Zhou Ma  

I doubt you can use this with hedging signals, because they require precise calculation on the lot size to hedge every other trade. Just a caution.

Voodookoop
184
Voodookoop  
Zee Zhou Ma:

I doubt you can use this with hedging signals, because they require precise calculation on the lot size to hedge every other trade. Just a caution.


There are limitations obviously. Thanks for warning.
mohammad oladi
240
mohammad oladi  
Hi dear friend
I'm more open trade
I do not want to open positions copied again
Because they are at a loss
What do I do to do not allow copy me again?
Voodookoop
184
Voodookoop  
mohammad oladi:
Hi dear friend
I'm more open trade
I do not want to open positions copied again
Because they are at a loss
What do I do to do not allow copy me again?

Then disable live trading for this EA and/or remove from the graph you attached it to.
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