Metatrader 4 Brokers

[MDunleavy]

Software for Forex Signal Sellers and Money Managers

New generation of copier from the producer of the legendary CopyToolPro!


PowerTradeCopier - Professional Metatrader Multiterminal Software for Forex Signal Sellers, Forex Money Managers and professional traders.

• No need to run slave terminal(s)
• Works via internet (Master and slaves are on different computers)
• Works with different Brokerage Companies
• Works with standard and micro accounts
• Copy trades from 4-digit to 5-digit accounts as well as from 5-digit to 4 digit accounts
etc.

Expert Advisor, Forex Blog

[MDunleavy]

MetaTrader MultiTerminal

Metatrader multiterminal - forex software allowing copying trades from master metatrader terminal to slave metatrader terminals. Any money manager know how important software copying orders from general terminal to client's terminals.

Metatrader multiterminal software should possess the following properties:

-Low delay. This parameter is very important for forex scalping strategies.
-Ability to work with expert advisors
-Flexible system for copying parameters (lot coefficient, money management, filters, etc.)
-Ability to work with different brokers, servers (ecn or standard, micro or standard), quotes (5/4 digits)
-Ability to copy all kinds of orders: pending, market, partial closure etc.
- Ability to move SL or(and) TP
-easy users management.

I've tested about nine metatrader multiterminals and found two programs fully meet these requirements.

First one: Metatrader CopyTool Software
Disadvantages: all slave terminals should be running

Second: Metatrader MultiTerminal "PowerTradeCopier"
Disadvantages: undiscovered

Incidentally Metatrader MultiTerminal "PowerTradeCopier" can work through the Internet (with ability to manage clients on master side. it is very important for this business) that will be useful to forex signals sellers.

[MDunleavy]

MetaTrader CopyTool Forex Software Conception

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We can offer extended version of Slave script for our Metatrader account copier "CopyToolPro".


This version includes 3 features: Time filter, Price Difference filter and Copy permissions.

extern string ___tmp4_____________ = " --- Filters ---";
extern bool TimeFilter.On = true;
extern string TimeFilter = "2010.01.01 0:00";
extern bool PriceDiffFilter.On = true;
extern string PriceDiffFilter = "[-1000, 1000]";
extern string Buy.Permissions = "[Open: yes] [Modify: yes] [Close: no]";
extern string Sell.Permissions = "[Open: yes] [Modify: yes] [Close: no]";
extern string BuyLimit.Permissions = "[Set: yes] [Modify: yes] [Delete: yes]";
extern string SellLimit.Permissions = "[Set: yes] [Modify: yes] [Delete: yes]";
extern string BuyStop.Permissions = "[Set: yes] [Modify: yes] [Delete: yes]";
extern string SellStop.Permissions = "[Set: yes] [Modify: yes] [Delete: yes]";


Time filter


TimeFilter prevents copy of orders with OrderOpenTime older than TimeFilter value


Price Difference filter


For market Buy order price_diff calculated as slave ask price - master order_open_price.
For market Sell order price_diff calculated as master order_open_price - slave bid price.
For pending orders this filter is ignored.

Example 1:

[-1000, 1000]
Copy new order if price difference (or price_diff) is anywhere between -1000 and 1000 pips.

Example 2:
[-10, -20]
Copy new order if price_diff is negative and between -10 and -20 pips.
So we copy order only if the market goes in StopLoss direction and we are on some distance from open price.

Example 3:
[50, 30][-30, -50]
Copy new order if price_diff is positive between 50 and 30 pips or negative between -30 and -50 pips.
We copy order only if the market goes in TakeProfit direction or in StopLoss direction and
we are on some distance from open price.
PS. Please keep in mind that if Master and Slave are different brokers then there is some slippage
value between Master Bid and Slave Bid prices so on open of new order on master terminal
price_diff is not equal to 0.

Copy permissions:
This is the list of allowed commands for different types of orders


Learn more about Metatrader account copier "CopyToolPro"

[MDunleavy]

Metatrader Account Copier CopyToolPro Demo version is available on trusted websites.
Demo version has two restrictions:
1) Copied BUY and SELLSTOP orders only
2) Copied orders with 1.0 lots volume only

Download Demo for FREE!

[MDunleavy]

How to test expert advisors portfolio on historical data?

It is very important to choose a portfolio of expert advisers in such a way to get the minimum drawdown for equity curve. Each expert advisor in the portfolio should reduce drawdown and protect the deposit from the margin call. This can be achieved by selecting the right combination of expert advisers and the correct lot size for each of them. It is difficult to implement, because build in metatrader 4 tester doesn't support multi strategies testing. I would like to explain how to receive summary back test for several expert advisors and calculate summary drawdown and other important parameters. First, I would like to explain what mean each parameter in the strategy tester's report
Learn more...
GO - Check this out NOW! =>>> http://iticsoftware.com/metatrader-backtest.php

[MDunleavy]

Expert Advisor V-Trader

We have added expet advisor V-trader to Onix independent monitoring.
Account type: Real account (broker AlpariUS)
Initial deposit: 10 000 USD
Profit: 2492 pips
Change balance | Equity: 22.14%

Click here to check performances.




Learn more about Expert advisor V-Trader

Expert Advisor " V-Trader" Technical Characteristic:

* Currency: AUDCAD, EURCAD
* Timef rame: M15
* Using Indicators: Volume Indicator (vroc)
* Risk: Medium
* Minimum Deposit: $1000 ($200 for micro forex)
* Recommended Deposit: $2000 ($300 for micro forex)
* Money Management: Stop Loss and Take Profit, closing at the time
* Customization: possible upon the request

How does the "V-Trader" EURCAD & AudCad Expert Advisor work?

The"V-Trader"expert advisor is a completely automated trading system; itis based on the channel strategy and the analysis of the market volatility. The expert advisor opens orders from the channel border (we do not use the channel of linear regression and high low levels) at the moment of low volatility and closes order at contact with the opposite border of the channel. The expert advisor does not trade when volatility is high. Market volatility is identified on the basis of the unique indicator of tick volumes. The expert advisor is not the scalping advisor, because the purposes of the expert advisor -- more than 10 points, and position life time -- more than several minutes.

GMT Auto Correction Module. This module in a fully automatic mode will determine and compare the GMT time with server time and will correct all the necessary parameters

Best regards,
BJF Trading Group inc.

[MDunleavy]

Metatrader Expert Advisors based on FOREX Scalping Strategy

Ask yourself: “What is a “forex scalping strategy?” Many traders criticize this subject, others are greatly interested in it, and only a minority of traders is indifferent. Why is a forex scalping strategy so attractive? Most likely people are interested because forex scalping trading is one of few ways of quick enrichment ...
...We believe you should enjoy the way you’re trading. Forex scalping trading includes trading techniques and money management methods. If you don’t have your own strategy you may want to use one the ready ones, and it will be effective too!
Learn more about FOREX Scalping Expert advisor ===> http://iticsoftware.com/scalping-forex.php

Expert Advisor "FloatingTarget" Portfolio

Expert Advisor "FloatingTarget" Technical Characteristic:
metatrader experts discount

* Currency: GBPUSD, GBPJPY, AUDJPY, USDJPY
* Timeframe: M15
* Using Indicators: Fractal Channels
* Trading Time: 24 hours
* Risk: Medium
* Minimum Deposit: $2000 ($200 for micro forex)
* Recommended Deposit: $4000 ($400 for micro forex)
* Concept: Forex Scalping combined with long term strategy Expert Advisor based on fractals
* Money Management: Stop Loss and Take Profit, Build-In Money Management
* Customization: possible upon the request

How does the "FloatingTarget" Forex Scalping Expert Advisor work?

The expert advisor determines market tendency by UP/Down Fractal breakdown. The expert advisor opens two kinds of orders (long term order and short term (scalping) order ) in direction of market tendency. This method allows to work with out time limitation, 24 hours. You do not need to change time settings depending on brokerage company. Also EA does not depend on spreads, quotes and executions and should work with any brokerage company.

Expert advisor "FloatingTarget" Trading example:
Point 1 – Up Fractal was formed
Point 2- Up Fractal was broken. Expert advisor should open long term long (buy) position
Points 3, 4, 5 Rebound points from the fractal channel's border. Expert advisor should open 3 short term long (buy) positions.



View Strategy Tester Report

[MDunleavy]

Forex Scalping Expert Advisor “Stomper”

Expert advisor “Stomper” is forex scalping expert advisor. The expert advisor “Stomper” was created at finding a certain trend in the forex market. Using the channel method, we managed to reach unprecedented results. It appears that the market is so regular that each period of time, taken for optimization, will be repeated until a currency movement trend changes (it hasn’t happened very often lately). The channel method of identifying a market entry is easy: we should identify channel calculation diapason, draw channel borders (the forex scalping system “Stomper” will draw them virtually), and enter the market at rebound from border. Exit is carried out on the same principle; you just need to wait for an opposite signal. You can use only one order when you are in the market! After that for optimization of the process you should choose working hours of the forex scalping system “Stomper”. It is very easy: choose any currency pair and figure out the most flat and regular period, then correct working hours, and start testing. This principle turns out to be very simple and easy. Let’s give an example in addition to the above:
Choose time from 22 till 1 Server time: GMT +1
Parameters of the advisor:
OpenHour1 ;
CloseHour1=1;
OpenHour2=21;
CloseHour2=23;
Then choose a channel:
ChannelBars = 8;
The default currency pair was GBPCAD with spread no more than 11!



pic.1 Forex Scalping Expert Advisor “Stomper” trading mechanism explanation

learn more about forex scalping expert advisors

BJF Trading Group inc.

[MDunleavy]

MetaTrader Account Сopiers Сomparison

We’ve been receiving a lot of questions for some time in connection with release of new metatrader
account copier Multiterminal “PowerTradeCopier”. The most widespread question is: “What is the
difference between CopyToolPro metatrader account copier and PowerTradeCopier Metatrader Multiterminal ?”

CopyToolPro is a metatrader account copier, which was created several years ago and is currently the
most popular copier among traders, money managers and brokers. This tool won such popularity thanks to
high reliability and wide range of capabilities, such as:
- copy trade operations between different MetaTrader4 brokers (market and instant execution, 4 and 5
digits quotes etc.);
- CopyTool can duplicate trades and merge trades;
- CopyTool copies all types of market and pending orders;
- Copies orders opened by expert advisors or manulally;
- CopyTool has a lot of customizable settings.

The metatrader account copier “CopyToolPro” can also be adapted to needs of any trader or broker. We’ve
developed hundreds of various additional modules and filters on order of our clients.

The copier has the following shortcomings:

- There is a small delay in the process of copying (about 1-2 seconds), because the copier is based on
scripts. Such delay is insignificant for the majority of traders and brokers;
- All slave terminals (subaccounts) should be launched for correct work of the copier;
- Master and slave terminals should be launched on one local computer or VPS.

Read more about Metatrader acount copier CopyTooPro on our website | Blog

Such approach isn’t quite acceptable for forex signals providers, since clients can refuse to provide
their account data to the signal provider.

We’ve been receiving many letters with request to create a copier, which can work in a local network,
i.e. when master and slave terminal are on different computers. Such configuration is necessary for
forex signals providers. Master terminal sends signals to slave terminals, launched on different
computers, and each slave client adjusts copying parameters independently. Master can add or block any
slave account, for example, if a client didn’t make payment in time.

We studied MT4 thoroughly and created API, while working on this project. Thanks to it we developed a
multiterminal “PowerTradeCopier” , which allows to work on a single computer or in the local network. It
isn’t necessary to launch all slave terminals for correct work of the “PowerTradeCopier” multiterminal;
it is very important, when you manage large number of accounts. And also delay during copying is equal
to zero thanks to the fact that the copier uses MT4 protocols. It’s even lesser than delay of
metatrader. We succeeded to achieve it, because metatrader is an upper level application with low
priority and it uses only one trade flow. Our program works at the level of Windows core and can use
about 250 connections; it considerably increases reliability and speed.

regards,
BJF Trading Group

[MDunleavy]

For your attention new tool(expert advisor) e-VirtualStopsManager (Hidden SL and TP manager)

The purpose of e-VirtualStopsManager EA is management of StopLoss and TakeProfit values on trader's side. The main goal is your broker will not know where are your stops actually located.

All orders have individual virtual StopLoss and TakeProfit stored on the chart.
If virtual StopLoss or virtual TakeProfit of an order triggered then the expert will close
appropriate order by the market. Slippage option for close command is available on external params.

There are Virtual Trailing and Virtual Breakeven features embedded in e-VirtualStopsManager EA.

Virtual Trailing makes it possible to move StopLoss by the market permanently on
some fixed distance if the market goes to profit side and reached some profit checkpoint.

Virtual Breakeven makes it possible to lock StopLoss at some profit level
if the market goes to profit side and reached some profit checkpoint.
More Information:

=>>> http://iticsoftware.com/forex-softwa...rtual-stoploss