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Position Cloner

Position Cloner (PC) is a helpful utility that can be used like an EA to duplicate specific positions within the same MT4 instance. This is valuable e.g. to increase the risk when copying a signal to your account. When trading big capital you can also decrease the original risk of your EAs or manually opened positions and then let PC duplicate them. This way you avoid negative slippage due to inordinate lot sizes.
You can choose between different, fully customizable options of how PC must clone positions. To utilize the symbol with the most ticks per minute it is highly recommended to put the product on a EURUSD-M1 chart.


Input Parameters

•    Enable Position Cloner: true [true/false]
•    Magic number: 9999 [etc.]
•    Heartbeat (msec): 400 [etc.]
•    Comment strings to scan: PutYourStringsHere [etc.]
•    Number of clones: 1 [etc.]
•    Time interval to split entries/exits: 3 [etc.]
•    Copy SLTP: true [true/false]
•    Increase initial SLTP (p): 100 [etc.]
•    Attempts to open positions: 3 [etc.]
•    Attempts to close positions: 100 [etc.]
•    Delay between order open/close re-tries (sec): 3 [etc.]


Features Description

[self-explaining ones are not outlined]

•    Heartbeat (msec)
This feature determines the time interval in milliseconds that passes between PC’s checks for potential new positions that have to be cloned. It is not recommended to set a respective value in than 400 because your computer’s CPU power may be too much consumed then.


•     Comment strings to scan
If “Comment strings to scan” is left empty (= default setting), PC will clone EVERY position that appears in the terminal. Otherwise PC continually scans all positions listed in the terminal but only recognizes those that include the user determined string in its comment. It doesn’t matter what else is written within a position’s comment, the expert only checks for the respective character combination. For example the EA recognizes “BTEA2” within “main|_BTEA2-live” etc. Please use commas (no spaces) if PC must scan the terminal for more than one string. Note that pending orders (PO) are generally ignored. However positions that result from triggered POs will be treated normally.


•    Time interval to split entries/exits
This feature defines the total time span in seconds that must be used by PC to create (and later close) the number of clones determined by the user. For example if “Time interval to split entries/exits” is set to “9” and “Number of clones” is set to “3”, PC will create (and later close) the respective 3 clones within 9 seconds (3 clones will be created/closed every 3 seconds).


•    Increase initial SLTP (p)
It is recommended to always expand your clones’ stop loss (SL) and take profit (TP) levels compared to the respective original position(s). This avoids having them closed by the broker at the same moment and thus averts negative slippage. "1 (p)" (= point) refers to the last decimal digit of an asset’s price. For example "100 (p)" means 0.00100 [respectively 10.0 Pips] on EURUSD for 5-digit brokers.


Important notes:

-> You can only use ONE PC unit (with unique magic number) per MT4 instance.
-> You can use different settings for different assets only via separate MT4 instances.
-> Test the EA on a demo account before using it live.
-> Use at your own risk.

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Introduction This powerful MT4 trade mangement EA offers a way potentially to aggressively multiply trade profits in a riskfree manner. Once a trade has been entered with a defined stoploss and take profit target then the EA will add three pyramid add-on trades in order to increase the overall level of profit. The user sets the total combined profit target to be gained if everything works out. This can be specified either as a multiple of the original trade profit or as a total dollar amount. Fo
Trade like a time traveler thanks to latency arbitrage Everyone knows that the best way to make money in the markets is by knowing the future. Have you ever wished to know the future price of something in advance? Even if it were just a few days, hours, or minutes ahead? What if it were possible to know it but with less than a second of advance notice? That's precisely what the PZ Latency Arbitrage EA robot does. PZ Latency Arbitrage EA is your personal time machine: but it can only travel into
Mutiple Orders with ChangernTFnMgt
Opengates Success International
MULTIPLE ORDERS With Symbol and Time Frame Changer Multiple Orders Utility is created to give easy profits-making trades with a little movements and without going long distance to get it all. This Utility opens multiple orders as many trades as the number specified by the User or as many as permitted by your Broker in the same direction on the same currency pair simultaneously. The idea behind it, is that instead of running after 100 - 200 pips which may not likely be attainable in the re
On the occasion of the first days of publishing and attracting first customers, a 50% discount $120 for first 10 user (4 license left) Next price is $160 > $200 > $240 Don't forget to send a message after buying (not renting) to add you to our VIP group for free. Live OrderBoook, Another high-level tool by Ziwox Order Book An order book is an electronic list of buy and sell orders for a specific asset, organized by price level. It provides real-time data on market depth, showing the amount o
What Exactly Is A Smart Trading Tool? Smart Trading Tool was developed for fast and comfortable trading of the financial markets especially for ORDER BLOCKS TRADERS . It provides traders functionalities, such as: A Drawing Tool One-Click Trading Panel Automated Lot Sizes Calculation based on your risk appetite & Money Management ( Watch this video , how this tool can help manage your risk per trade better!) Built in PRICE LEVELS (Fibonacci, Round Numbers, Daily hi-low, etc) Shows Trading Informa
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Drawdown Control
Bernhard Stremayr
5 (1)
Drawdown Control (DC) is a helpful utility that can be used like an EA to limit the drawdown of any MT4 account . You can choose between different, fully customizable options of how DC must react if the drawdown reaches critical levels. To utilize the symbol with the most ticks per minute it is highly recommended to put the product on a EURUSD-M1 chart. Input Parameters Equity / Balance in % to stop trading (0 = disabled) : 85.0 [etc.] Current Balance / Initial BalanceHW in % (0 = disabled) :
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pixhell
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pixhell 2020.05.20 09:50 
 

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Christian Mueller
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Christian Mueller 2020.03.07 08:44 
 

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Versão 1.10 2020.02.29
Bug fix.