Q: 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, TelegramFXCopier will not take any trade based on that signal. By customizing the list of terms and including the appropriate keywords, you can ensure that TelegramFXCopier accurately interprets the provider's signals and avoids unnecessary trades when the channel is only providing reminders. ${frame}<a href="https://www.youtube.com/embed/WSFrIZ250aY"></a>

Q: How to Trade Specific Lot Sizes For Specific Symbols

${frame}<a href="https://www.youtube.com/embed/S0llFCgzoy0"></a>

Question 1

Understanding How the Risk Management Setting Works

Accepted Answer

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 some profit.
Custom Trailing Stop: This option enables you to set a custom trailing stop. The SL will be moved after each trailing step to the stop loss value of the trailing stop. Additionally, the order will be closed partially based on the specified percentage.
Custom Breakeven: If you choose this option, the SL will be moved to breakeven after a specified number of points (Points to breakeven). Similar to the custom trailing stop, the order will be closed partially according to the specified percentage.
None: Selecting this option means that no specific risk management strategy will be applied. Only the TP and SL (if set) will be used for the orders.

These options provide you with flexibility in managing your risk and securing profits based on your preferred approach.

${frame}

Question 2

How to Configure Words and Terms Used for Orders

Accepted Answer

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, TelegramFXCopier will not take any trade based on that signal.

By customizing the list of terms and including the appropriate keywords, you can ensure that TelegramFXCopier accurately interprets the provider's signals and avoids unnecessary trades when the channel is only providing reminders.

${frame}

Question 3

How Image Recognition works?

Accepted Answer

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 provider includes images along with their signals or partial signals.
Ignore Images: Choose this option if the signal provider does not use images or if the images are unrelated to the signals.

${frame}

Question 4

What does the license include?

Accepted Answer

Each TelegramFXCopier license plan grants access to 1 Metatrader (MT4/MT5) account. You have the flexibility to add, modify, or delete any MT account instantly through your user portal.

Question 5

Understanding the Money Management Settings

Accepted Answer

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 includes multiple take profit levels (TPs), the EA will open multiple orders. Each order will have a distinct TP value, while the stop loss (SL) remains the same. The EA supports up to 5 TPs. The volume of each TP is calculated using the following rule: TotalLot (calculated in the first part) * TPipercentage %.

For example, if you have set the Money Management Type to Percentage Lot and specified a risk of 2%, and you receive an order on EURUSD with a SL, the calculation may result in a volume of 0.12. If the order has 3 TPs with different percentage values, such as TP1percentage = 50%, TP2percentage = 0%, and TP3_percentage = 50%, the EA will open 2 orders with volumes of 0.06 each (one with TP1 and the other with TP3). If there are no TP4 and TP5 specified, no additional orders will be opened.

In addition, you have the flexibility to trade different symbols with different volumes. For example, you can set a general volume of 0.1 for all symbols, but exclude certain symbols or as

Question 6

How to Trade Specific Lot Sizes For Specific Symbols

Accepted Answer

${frame}<a href="https://www.youtube.com/embed/S0llFCgzoy0"></a>

Artigos lidos frequentemente

Ver todas as categorias