Now that you have Telegram FX copier installed, let's talk about the best ways to set this up and use it.

Our first suggestion is to create a test channel in Telegram, and follow it in the copier. This is the fastest way to validate any settings, to make sure they work properly.

Please make sure you have your settings properly adjusted and tested before putting real money on any system!

We can start by double clicking on the EA to add it to a chart. If you get errors with license verification, visit this link. If you get a pop up window that says 'not configured for this account,' that means your MetaTrader account number is not added to our user portal. Please review the installation and setup video or visit this link.

Question 2

Order Entry Settings

Accepted Answer

When a signal provider sends a market order (BUY/SELL), the user has two options to consider:

Market: This option allows the user to enter the trade instantly at the current market price. There is no need to wait for a specific entry price from the provider.

Provider: If the provider specifies an entry price, and it falls within the specified points range, the trade will be taken as a pending order. In this case, the user will wait for the price to reach the specified level before entering the trade. If the provider sends the entry in a range, the EA will enter at the lowest price in that range.

Additionally, there is an option to ignore orders with no entry price. If the user sets this option to "True" and selects the provider entry option, any signals without an entry price will be disregarded. These signals will not be executed as either market orders or pending orders.

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Question 3

What is the installation process?

Accepted Answer

Once the subscription process is complete, users will gain access to their personal account in the TelegramFXCopier account panel. Here are the steps to follow:

In the "Downloads" tab, select the file to download. TelegramFXCopier requires a 64 bit system compatible with Microsoft Visual .NET 4.8.1. You can see Microsoft's list of compatible systems here.
Before launching the setup file, ensure that you have uninstalled any previous versions of TelegramFXCopier from your device.
Double-click on the setup file to initiate the installation process. Allow it to install all the necessary components. You also have the option to add a desktop shortcut. Once the installation is complete, it is recommended to restart your PC or VPS (Virtual Private Server) for optimal performance.

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Question 4

What if I cannot see the EA on Metatrader Terminal(s) or if I Can't Validate My License?

Accepted Answer

If you have completed the installation process but still cannot see the EA (Expert Advisor) in your MT (Metatrader) terminal, please follow these steps:

Download Zip File: Visit the following link to download the zip file: https://rcl.ink/MRl
Choose MetaTrader Type: Identify your MT type (either MT4 or MT5).
Open the downloaded zip file and navigate to the folders that corresponds to your MT type. The folders will be located at C:\Users(yourcomputername)\AppData\Roaming\MetaQuotes\Terminal\
Copy Library Files: Copy the files from the "Libraries" folder within the downloaded zip file to the "Libraries" folder in your Metatrader Data folder.
Copy Icon File: Locate the file named "TelegramFxCopier.ico" within the "Images" folder of the downloaded zip file, and copy it to the "Images" folder in your Metatrader Data folder.
Copy Expert Advisor File: Find the file named "Expert" within the "EA" folder of the downloaded zip file. Files ending in EX4 are MT4, and files ending in EX5 are MT5. Copy this file to the "Experts" folder in your MetaTrader Experts folder.

We sometimes see this problem when users try to install the 64-bit version of TelegramFXCopier into MetaTrader 4, which is 32-bit. Most versions of MT4 require the use of 64 bit files in the EA, but others do not. This can cause issues in MetaTrader 4, such as not being able to validate the user license, and g

Question 5

Why Didn't My Trade Trigger?

Accepted Answer

There can be a lot of reasons why a trade doesn't open. Let's start with the simple things.

Autotrading/Algotrading is turned off. Make sure it's turned on.

Markets are closed.
You are trying to take a provider order as a market order. If the market price is on the wrong side of either the SL or the TP, some brokers will reject the order completely. See this article for more info.
Broker requotes/no prices. This happens on market orders during thin or fast moving markets. It usually results in a code 10004, 10014, 10018, or 10021.
The signal contains symbols that do not match the EA's internal symbol map (symbol not found). Remember, forex pairs are mapped internally by the EA unless the format is unusual (like #EURJPY or EUR/JPY for example). Gold, indexes and crypto must be mapped manually, in the EA settings. See here.
You are trying to take a trade with a lot size that is sm

Question 6

How do I set different strategies per (group of) channel(s)?

Accepted Answer

For most situations, TelegramFXCopier's existing settings will provide you with all you need to successfully trade. But what if you need something unique, such as a dedicated setting or strategy for individual channels or charts?

Here is an example to clarify how to set different strategies for specific channels using TelegramFXCopier:

Let's assume we have two channels (Channel A and Channel B) that we want to monitor.

For Strategy 1, which will be applied to Channel A:

Open a chart in the trading platform.
In the TelegramFXCopier app, go to the settings for that chart.
Choose the option "Channel(s) to copy: Only Specific One(s)."
In the field labeled "If Specific, put name of Channel(s)," enter the magic number for Channel A. For example, if the magic number for Channel A is 52256, enter "52256" in the field.

For Strategy 2, which will be applied to Channel B:

Open another chart in the trading platform.
In the TelegramFXCopier app, go to the settings for this new chart.
Choose the option "Channel(s) to copy: Only Specific One(s)."
In the field labeled "If Specific, put name of Channel(s)," enter the magic number for Channel B. For example, if the magic number for Channel B is 6933, enter "6933" in the field.

By following these steps, you can assign different strategies to specific channels using TelegramFXCopier. Each chart will be configured with the respective magic number for the channel you want to copy.

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