• Order Entry Settings

  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. (https://downloads.intercomcdn.com/i/o/1130671623/d79b832bdc24dc627f3f07c3/Screen+Shot+2024-07-31+at+114616+AM.png?expiPopular

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

  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 thPopular

• TP & SL settings

  Setting Take Profit (TP) and Stop Loss (SL) levels can be done in three different ways: Take Profit / Stop Loss type from Provider: This option allows you to define TP and SL based on how the signal provider specifies them. There are three types available: Price: Example: Buy Eurusd TP: 1.12355 Points: Example: Buy Eurusd TP: 200 points Percentage: Example: Buy Eurusd TP: 0.05% Custom SL/TP in points: This option enables you to set your own TP and SL levels in points. You canSome readers

• Understanding how Symbol Settings work

  In some cases, brokers may use symbol prefixes and/or suffixes for forex symbols. For example, a symbol like EURUSD.mini or EURUSD.r. To ensure that the EA can execute trades correctly, you need to specify the symbol settings for these cases. For instance, if the symbol is EURUSDX, go to the EA settings and navigate to the "Symbol Settings" section. In the symbol suffix area, you should add "X" to accommodate the broker's naming convention. Please note that suffixes and prefixes are appliedFew readers

• How to Configure Words and Terms Used for Orders

  Words/Terms: In this section, you will find a list of terms commonly used by providers to indicate different types of orders. You have the flexibility to add new terms based on the specific language and terms used by your provider. Each term should be separated by a semicolon (;). Additionally, to prevent the EA from executing trades when the channel is only providing a reminder about a trade, you can include specific terms used by the channel. When these terms appear in the message, TelegFew readers

• Understanding the Money Management Settings

  There are four types of Money Management available: Fixed Lot: Set a specific fixed lot size for each trade. Percentage Lot: Define the lot size based on a percentage of your account equity. Lot per 1000: Set the lot size per 1000 units of the base currency. Percentage of Equity: Determine the lot size based on a percentage of your account equity. For each Money Management option, you need to enter the corresponding value in the provided input field. Additionally, if a signal iFew readers

• How to Take Pending Orders As Market If Price is Incorrect.

  There are times when the provider sends the wrong entry price, and the signal does not execute by the EA. Here is an option to fix that.Few readers

• How to Find a Channel's Magic Number

  Each channel in TelegramFXCopier is assigned a unique magic number automatically. To retrieve the magic number, you have two options: Copy the channel name from the copier and paste it into the designated field. Alternatively, you can find the magic number in the 'Advanced Analytics' tab within your TelegramFXCopier Account Portal on the website. By using either of these methods, you will be able to obtain the magic number associated with each channel for further reference or customizatiFew readers

• Understanding how Order Modification works

  TelegramFXCopier provides the capability to edit signals received from Telegram channels. You can perform the following actions on these signals: Close: This option allows you to close the order completely. If you no longer want to keep the position open, you can select this action to close the trade entirely. Close Half: With this option, you can close only a portion of the order. If you want to secure some profits while keeping a part of the position open, you can choose to close halfFew readers

• How to Trade Specific Lot Sizes For Specific Symbols

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• Understanding How the Risk Management Setting Works

  There are four options available for Risk Management: Trail SL in multiple TP orders: This option allows you to set a trailing stop for orders with multiple take profit levels (TPs). When TP1 is reached, the stop loss (SL) will be moved to the entry price. When TP2 is reached, the SL will be moved to TP1, and so on. Move SL to breakeven after TP1: With this option, for orders with multiple TPs, when TP1 is reached, the SL will be moved to the breakeven point, ensuring that you secure somFew readers

• How Image Recognition works?

  There are signal providers who incorporate images to convey their signals, either fully or partially. On the other hand, some providers use images solely to emphasize their trading strategy. However, it's important to note that these strategy-focused images may include words that could potentially confuse the automated system (EA) responsible for executing trades. Regarding the third input, "Image Recognition," the options should be as follows: Read Images: Select this option if the signal pFew readers

• How to Use TelegramFXCopier on Multiple Accounts

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• How to Configure the Maximum Spread Allowed in an Order

  When opening a trade, large spreads can be a concern, especially if there's low volatility. Here's how you can set the maximum spread you will accept for orders;Few readers

• How to Ignore Terms and Expressions in a Signal

  Here is a feature in TelegramFxCopier known as "Words/Expressions to ignore." With this option, users can put specific words and expressions from signals that they wish to exclude. For example, if your provider likes to use the term XAUUSD for some weird reason, you can tell the software to ignore the .Few readers

• How to Configure Maximum Number of Orders Allowed

  TelegramFXCopier has a feature that allows you to set a maximum number of orders that it will accept. Here's how to configure this feature. ​ ​Few readers

• How Set a Time Limit for Pending Orders

  Learn how to set the expiration time for pending orders in TelegramFxCopier. In this feature, you can specify the time limit for pending orders. If the order is not executed within this duration, MetaTrader will automatically cancel it. By default, the expiration duration is set to "0," indicating an unlimited time frame. In this scenario, pending orders will either open as market orders or be canceled either through the signal or manually by the user. frame (https://www.youtube.com/embed/Few readers

• How to Configure Custom Comments for Orders

  In TelegramFxCopier, orders are executed with the channel name as a comment by default. However, users have the option to configure this setting based on their preferences. Here's how you can do this.Few readers

• How to Set Custom Symbol Suffix For Your Broker

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• How to Avoid Trading the Same Symbol Multiple Times

  There are times when you want to avoid taking the same order on the same symbol more than once. For example, if your signal provider replies to trades with comments or chatter, you don't want the copier to see the reply and think it's a new order. This is one way to prevent that.Few readers

• How to Trade Only Specific Symbols

  Some traders only want to trade one or two symbols. XAUUSD is a popular one, and so is SPX or Dow 30. Here's how you can tell the EA to only respond to certain symbols.Few readers

• How to Configure Percentage for Close Half & Close Partial Orders

  Some signal providers will send commands to close half or close part of open orders. Here is how you can configure this feature.Few readers