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PowerTradeCopier Forex Trade Copier © 2009 -2014 BJF Trading Group 1

Power tradecopier ebook

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PowerTradeCopier detailed description 1. Introduction 2. The idea of using 3. Benefits 4. Differences Between Modes 5. Installation 6. PowerTradeCopier – Settings 7. PowerTradeCopier Module “DukasCopy JForex Bridge” 8. FIX API Add-on 9. STP Add-on

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Page 1: Power tradecopier ebook

PowerTradeCopierForex Trade Copier

© 2009 -2014 BJF Trading Group

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IntroductionPowerTradeCopier (PTC) allows you to mirror trades from your MT4 account to severalsub-accounts with no delay and without keeping running MT4 terminals. With PTC youare able to copy any automatically or manual trading strategy including orders from\high-frequency scalping robots.

The idea of using

Example 1. You are forex trader and you \have several MT4 accounts. It is not useful to open / close/ modify order on eac\h account, it will be more useful to trade on one account and copy orders to anot\her accounts.

Example 2. Your friend \has profitable strategy and \he provides you with investor password. You will be able to mirror trades on your account with trade copier.

Example 3. You and your friends have decided to buy expensive forex robot , but robotcan be used only on one account. You can install robot on one account and copy trades to anot\her accounts.

Example 4. You can copy orders from trading contests, because usually organizers of trading competitions publis\h investor passwords.

Example 5. You \have \hired a money manager and \he trades in your account for percent from profit, or you \have subscribed to signal service, you can copy trades from t\his account to ot\her your accounts.

Example 6. You are money manager or forex signal provider - you need PowerTradeCopier (\http://multiterminal.net )because t\his copier works wit\h no latency.And it is not necessary to keep terminals on.

Example 7. You are forex broker. You can buy Trade Copier for your money managers, and you can use it for active dealing. PowerTradeCopier allows you to copy orders to MT4, to Jforex, to Currenex, Lmax, ADSS… It also \has reverse module and you can copy buy as sell, sell as buy…

Example 8. You \have several investor passwords from profitable strategies (accounts),you can copy trades from t\hese accounts to your account.

Example 9. You are forex educator or have own forex related website, Offer PowerTradeCopier to your students / clients and receive 30 -35% commissions from eac\h sale.

Benefits

• All new versions and updates of mt4 copier are free of c\harge. We employ aflexible system of payment included discounts and bonuses.

• 30 days money back guarantee

• a full-featured 14 day trial of MT4 Trade Copier

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• Copy from one or several master accounts

• Copy to one or several slave accounts

• "Copy via internet – you do not need to know passwords forsub-accounts (Provider mode)

• MT4 Trade Copier without delay

• Copy orders from 4 digits quotes to 5 digits quotes and vice versa

• MT4 Copier works with different quotes symbols (EURUSD_FX, usdjpy_m, etc.) infully automated mode

• Copies signals of Expert Advisors as well as manual trades

• MT4 Copier "PowerTradeCopier" support all types of market and pending orders

• Ability to copy orders, w\hich was opened on t\he master terminal before runningPTC

• No need to run and keep running slave terminals

• MT4 Copier works wit\h different brokers at same time

• User defined money management (percent by account balance, percent byequity, etc.)

• MT4 Copier works wit\h standard and micro accounts with any lot step

• Supports market execution and instant execution (ecn, stp, dealing desckbrokers)

• Filter by symbols, comment value, magic number, order type: buy, sell, buylimit, sell limit, buy stop, sell stop

• Sync\hronize master and slave trades

• Copy orders from MT4 to DukasCopy JForex (JForex add-on is required)

• Copy orders from MT4 to FIX API Brokers: Currenex, LMAX, ADS Securities,Fortex (Marex), MIG Bank, CitiFX, SwissCode, Interactive Brokers (IB),HotSpot…,

• Copy orders from FIX API broker to MT4; or to FIX API Broker.

Differences Between Modes

Copier Mode

Copier mode was designed for traders working with multiple accounts simultaneously,money managers, etc. If you know t\he passwords to t\he slave accounts, t\his type issuitable for you. For Copier mode you can and s\hould add all information about slave

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accounts, included: account number, trader password, copying parameters (lotscaling, symbol's type, filters) on your side. Program have only one part and s\hould beinstalled only on master side.

Provider Mode

Provider mode was designed for Forex signals sellers. Also t\his mode well suited formoney management, if your customers do not want to provide you with traderpassword. Program is consist from two parts. First part s\hould be installed on your side(master part) and you s\hould enter account numbers only for all slave accounts. Youcan add, delete, block unblock any slave account any time. Second part (slave part)s\hould be installed on remote (your customer's) computer and your customer s\houldenter password and copying parameters.

In Provider Mode Software Works in Two Modes: Master Mode and SlaveMode.

You s\hould start master mode on your side to add master and slave accounts andspecify copying settings for t\hese accounts if necessary. Software is working in mastermode only on one computer on w\hich it was originally installed and started (it ismapped to t\he \hardware of t\his computer).

T\hen your clients s\hould start software in t\he slave mode. In fact t\hey start t\he samesoftware but w\hen it starts up from different computer from yours it automaticallyworks in slave mode (w\hen t\hey start software on t\heir computer, software definest\hat t\his is anot\her computer from t\he one w\here master part s\hould work and t\hussoftware works in t\he slave mode)..

In t\his slave mode user (your client) can specify password for \his slave account(s) andaccept trading signals.

Note. Once trading password for slave account was specified on the side of yourclient both master and slave part of software can connect to this account and transfertrading signals to this slave account. So it is possible that your client is alreadyworking with his instance of software when you start up your (master) part and in thiscase both parts of software are connected to the slave account(s). That is why it isnecessary to have only one instance of software working with each account to avoidcollisions and orders duplications. Software informs you about double connections tosingle account during startup and allows to block this account to disallow sendingtrading signals to this account from this instance of PowerTradeCopier.

Once you \have all master and slave accounts specified you s\hould group slaveaccounts by assigning t\he client passwords to t\hese accounts (t\his can be done bymeans of "Set passw for client" button in "Slaves" tab). Several slave accounts witht\he same client password make a set of accounts of a single client. You s\hould tell t\hispassword to your client and t\hen client s\hould enter t\his password in \his instance ofsoftware in "Setting" window by means of "Set password" button. T\hen your client willsee on \his side only t\his set of slave accounts and work with t\hem only. If no clientpasswords were specified for some slave accounts t\hese accounts would be displayedon t\he slave part w\hich was started without client password entered in t\he "Setting"window.

Note. Master part of PowerTradeCopier displays all slave accounts irregardless of theclients passwords specified for them but transfers orders only to the accounts for

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which the same client password was specified with the one which was set in"Settings" window of the master instance of software. Slave accounts that receivetrading signals from this instance of PowerTradeCopier have status "Working" in the"Copier" tab, slave accounts that has another client password and thus do not receivetrading signals from this instance of PowerTradeCopier have status "Working. Blockpassw" in the "Copier" tab.

Video: http://youtu.be/c4Zm_-JwWYM

InstallationT\\\he software is easily installed using Setup. T\\\he procedure is t\\\he same for all versionsof t\\\his software.

If you install PowerTradeCopier in Windows Vista or Windows 7 please make sure thatprogram PreloadCopyMT.exe has write access for it's folder c:\ProgramFiles\CopyToolNetMT\ (or else please run it in "as Administrator").

1. Run InstalCopy_licence name}.exe file. T\\\he following screen will appear.

2. Click Next to continue t\\\he install or Cancel to exit. T\\\he following screen will appear.

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3. Click “Yes…”, t\hen Next to proceed or Cancel to exit.

4. A "Destination Folder" screen will be displayed (s\hown below).By default t\he destination folder is set to "C:\Program Files (x86)\PowerTradeCopier".Click t\he [Browse] button to select a different installation Destination Folder. Also, youcan set w\het\her you want to have a s\hortcut to PTC on t\he desktop and in t\he mainmenu. If you check, “AutoLoad” a s\hortcut will be added to t\he Autoload folder andPTC will start automatically on system boot-up. After confirming t\he DestinationFolder, click t\he Next button to start t\he installation process. You can click t\he Cancelbutton to exit.

5. T\he installation process is quick. Upon successful completion of t\he installation, aninstallation successful screen will be displayed (s\hown below). Click t\he Exit button.

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6. T\\\he s\\\hortcut will be created on your desktop and Main Menu. If you are usingWindows 7 or Windows 8, please make sure PTC runs in administrator mode (Rightclick on s\\\hortcut -> Properties -> Compatibility -> C\\\heck “Run as administrator”)

Important information for "Provider" mode.

After installation on master side, your software will be automatically registered as amaster. You can send installer for your clients and t\\\hey can install software on t\\\heirsides. T\\\he second and subsequent installations will be recorded as slaves. Mastersettings are inactive on slave side.You can add / remove/block/unblock slave accounts on master side.Your clients can input t\\\he trader password and adjust copying parameters accordingto t\\\heir needs on slave side. (master can leave t\\\he "password" field for slave accountempty).For "Copier" mode master s\\\hould \\\know trader passwords for slave accounts.

How to Upgrade or Downgrade PowerTradeCopier

It is recommended to inform Customer Support if you want to update or downgradePTC, and wait for a reply containing a lin\\\k to an installer download. However PTC doesinclude a built-in updating feature, described below

Updates do not download automatically. To get t\\\he update you s\\\hould go to t\\\he"Settings" window and click "Update" button:

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You will see t\\\he list of currently available versions t\\\here:

Please select t\\\he version t\\\hat you wish to get and press t\\\he "Update" button. Yous\\\hould see following notification:

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Next, close the PowerTradeCopier and start it up again. It will download the updateand start up automatically.

Note: There is a possibility that the process will scramble the logins and/or passwordson slave accounts. Make sure you have these backed up, in case a re-entry will benecessary.

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PowerTradeCopier – Settings

IntroductionPowerTradeCopier - Copier for MetaTrader 4 accounts. You can copy trades from one (orseveral) master MetaTrader 4 account(s) to one or several slave MetaTrader 4 account(s).You donot need to keep running MT4 terminals. The speed of trade placement and any slippage will onlydepend entirely on the latency to your broker and the quality of their trade execution. Moreinformation: http://multiterminal.net

Compliance TabOn this tab you can adjust correspondence between currency symbols for master and slaveaccount.

Master and Slave account can have different currency symbols without prefix or suffix (Forexample EURUSD), with prefix (For example fx_EURUSD), with suffix (For example EURUSD_FX),and with prefix and suffix (For example cur_EURUSD_fx).

We recommend to use fully symbol auto-determination mode "Full Auto", this mode is working in99% of cases and it is not recommend to change default setting without special necessity.However you can adjust symbol type on master and correspondent symbol type on slave manuallyby selecting proper mode (see examples below).

Example 1: If on master account you have symbols with "-" suffix in the end (like "EURUSD-","USDJPY-" etc.) and on slave account you have symbols without suffixes or prefixes (like"EURUSD", "USDJPY") then you may select "Master = Slave+suff" mode and specify suff "-" in thecorresponding edit field.

Example 2: If on master account you have symbols without suffixes or prefixes (like "EURUSD","USDJPY") and on slave account you have symbols with ".ecn" suffix in the end (like "EURUSD.ecn", "USDJPY.ecn" etc.) then you may select "Master + suff = Slave" mode with suff".ecn" specified in the corresponding edit field.

“Auto with symbols” allows to manually set up correspondences between nonstandard symbols, which differ in more than the prefixes/suffixes adding those correspondences to a “full auto”.mode.

To activate, select “auto with symbols” and click “special symbols”:

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To add a correspondence, select the required symbols from the “Symbol master” and “Symbol slave” columns, and click the top arrow.

To remove a correspondence, select it and click the bottom arrow.

Click “Save” to save the correspondences.

Note 1. Don't forget to save changes by means of "Save param" button.

Note 2. After you will change settings in this tab you'll have to restart software so that changesmay take effect.

Transformation TabOn this tab you may specify lot scaling options i.e. the way of lot size calculation for slave side.

You can use several lot calculation modes.

Ratio (MS) modeYou can use this option if you would like to copy trades with constant coefficient.Slave lot calculated as master lot multiplied by Ratio(MS) coefficient.Slave Lot Size = Master Lot Size * Ratio(MS)

Example: Ratio(MS) = 2

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Master Lot Size = 1 Slave Lot Size = 1 x 2= 2Master Lot Size = 1.1 Slave Lot Size = 1.1 x 2= 2.2Etc.

Fixed modeLot size on slave doesn't depend from lot size on master account and equal to parameter "Fixed".Slave Lot Size = Fixed

Example: Fixed = 0.25

Master Lot Size = 1 Slave Lot Size = 0.25Master Lot Size = 1.1 Slave Lot Size = 0.25

Balance(l) modeThis mode allows you to control percent of the capital, which you are ready to risk for each slaveaccount.

Slave Lot Size calculated as:

Slave Lot Account Balance/Basis * Percent

Basis - depends from leverage and account type (standard, mini, micro etc.)

Lot Size Leverage1:400 1:200 1:100 1:50 1:20 1:10

100 000 (standard) 250 500 1,000 2,000 5,000 10,00010 000 (mini) 25 50 100 200 500 1.0001 000 (micro) 2.5 5 10 20 50 100100 (nano) 0.25 0.5 1 2 5 10

Percent - percent of the capital (balance), which you are ready to risk for each slave

Example:

SlaveBalance: 300000.00SlaveBasis: 1000.0BalancePercent: 0.50

SlaveLotSize = SlaveBalance/SlaveBasis * BalancePercent/100 = 300000.00/1000.0 * 0.50/1001.50

RiskPcntEquity modeThis mode allows you to risk the same percent of capital both on slave and master terminals.Lot calculation is available in two scenarios in this mode:Scenario 1

SlaveLotSize = RiskPcntEquity / ( (MasterOpenPricePips - MasterStopLossPips) / Basis)Scenario 2

SlaveBalance * MasterLotSize / MasterBalance * Ratio

In this mode it is necessary to check if SL and TP were placed. And select one of specifiedscenarios.

There are four possible options:

1) Master StopLoss and Master TakeProfit are not placed (Scenario 2)

2) Master StopLoss is placed, and Master TakeProfit is not placed (Scenario 1, because Take Profitcan be placed later and doesn't affect lot size or risk)

3) Master StopLoss is not placed and Master TakeProfit is placed (Scenario 2, because Take Profitdoesn't affect lot size or risk)

4) Master StopLoss and Master TakeProfit are placed (Scenario 1)

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Example 1 (Scenario 1, when MasterStopLoss is set): RiskPcntEquity: 5.00Basis: 50.00

MasterOpenPrice: 1.34280MasterStopLoss: 1.34230

SlaveLotSize = RiskPcntEquity / ( (MasterOpenPricePips - MasterStopLossPips) / Basis) = 5.00 / ((134280 - 134230) / 50.00) = 5.00 lots

Example 2 (Scenario 2, when MasterStopLoss is not set):

Ratio: 4.00000

MasterLotSize: 0.50

MasterBalance: 5010.00

SlaveBalance: 3000.00

SlaveLotSize = SlaveBalance * MasterLotSize / MasterBalance * Ratio = 3000.00 * 0.50 / 5010.00 *4.00000 = 1500.00000 / 5010.00 = 1.19760 = aprox. 1.20

FreeMarginMode is currently unavailable

LotRatio (MRT)Mode is currently unavailable

Balance(2) modeIn this mode you may calculate slave lot size according to slave account balance and desiredmaximal risk.

Slave Lot Size calculated as:

Master Lot Size * (Slave Balance / Master Balance) * Ratio (risk)

Example:

MasterLotSize = 1.50MasterBalance = 30000.00SlaveBalance = 60000.00Ratio (risk) = 4.00

SlaveLotSize = MasterLotSize * (SlaveBalance/MasterBalance) * Ratio (risk) = 1.50 *(60000.00/30000.00) * 4.00 = 1.50 * 2.00 * 4.00 = 12.00

MinLot and MaxLot - You can set minimal and maximal size of lot calculated on slave account.

Copying TabOn this tab you can adjust several very important parameters

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Slippage - this is difference between the price a trader expects to be filled at, and the price theyare actually filled at. Learn more about slippage

Copy with slave price - this option allows copying the order to slave at slave's price no matterhow far it is from master's price (slippage will be ignored).

RepeatCount - this is the number of retries that software will do if order copying will fail by anyreason except slippage error (for example if you will get "trade context is busy" on slave whiletrying to copy the order).

TimeOut repeat - this is the time (in minutes) during which the program will try to copy the order(on price change) on slippage error. After this time the log message will be written that it wasimpossible to copy the order for slippage.

Correct expiration date - this is the value (in minutes) that will be added to the pending ordersexpiry time on slave. You should increase it's value if the pending orders are not accepted on slaveby "Time error". This error happens when you set "Expiry" time for pending order on masteraccount when this time has already passed on slave account because of difference in time ondifferent servers.

Closure attempts quantity - this is the number of times PowerTradeCopier will re-try to close theorder on slave account if the first attempt failed for any reason.

Always write master ticket number to comment – This function adds the master ticket number to the comments on the orders – making it easier to track the interactions between the masters and slaves.

OwerwriteComment - by means of this option you can delete or overwrite comments or writenew comments (in NewComment field).

Filter TabOn this tab you can adjust copying filtersCheckMinMaxPriceDiff

This Filter allows to check minimal and maximal price difference between open price on masterside and market price on slave side and define Buy zone for Buy orders and Sell zone for Sellorders in units of pips.

So this feature makes it possible to open an order at better price or from drawdown.Example For Buy Orders

Master Buy price 1.45328Filter StopLoss side = 50 pips

Slave will open buy order when price will be 1.45328 -50 pips

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Master Buy price 1.45328Filter TakeProfit side = 50 pips

Slave will open buy order when price will be 1.45328 +50 pips

And vice versa for SELL

The “Wait Price” field allows to specify the amount of time (in minutes) after a failed price difference check during which the program will wait for the price to enter the range specified in StopLossSide and TakeProfitSide before shutting down the copy attempt.

Filter ^ Comment TabThis filter allows you to copy orders only with defined "Comment" or prohibit to copy orders withdefined "Comment"

Filter ^ Magic TabThis filter allows you to copy orders only with defined magic number or prohibit to copy orderswith defined magic number

Filter ^ SL TabThis filter allows you to define the (non)acceptable level of master trades StopLoss that should becopied to slave account i.e. if the master trade SL is out of allowed bounds this trade will not becopied to slave at all.

Filter ^ TP TabThis filter allows you to define the (non)acceptable level of master trades TakeProfit that shouldbe copied to slave account i.e. if the master trade TP is out of allowed bounds this trade will not becopied to slave at all.

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Filter ^ Time TabThis filter allows you to define at what local time should PowerTradeCopier transfer or skiptransferring master trading signals.

Filter ^ Date TabThis filter allows you to define at what days of week should PowerTradeCopier transfer or skiptransferring master trading signals.

Filter ^ Symbol TabIn this tab you may specify trades from what currency pairs should be copied from master to slave."on" and "off" buttons can be used for checking/unchecking all currency pairs in the list.

Filter ^ Type TabIn this tab you may specify types of orders that should be copied from master to slave (Sell, Buy,Buy Limit, Sell Limit, Buy Stop, Sell Stop). If the order type is unchecked it will not be copied.

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Filter ^ Lot TabIn this tab you may specify what is the minimal and (or) maximal lot size on master account thatshould be copied to slave. If the size of master trade is out of bounds that you have specified inthis tab it will be skipped.

You also can view VIDEO about filters here: http ://youtu.be/QRXWVJl17Tw

Expanded TabThis tab allows to set special (non-standard) modes of copying

Close slave trade when master trade closes - if this option is unchecked then slave trades will notbe closed when master trade closes

Reverse - this mode allows to reverse master trades on slave account. This will mean that

BUY order will be copied as SELL order

SELL order will be copied as BUY order

BUY STOP order will be copied as SELL LIMIT order

SELL STOP order will be copied as BUY LIMIT order

BUY LIMIT order will be copied as SELL STOP order

SELL LIMIT order will be copied as BUY STOP order

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Also in this mode Stop Loss and Take Profit values will be swapped on slave trade

Spread_control - Stop Loss and(or) Take Profit will be postponed (on difference between newspread and old spread) if the broker will expand the spread

Correct price - corrects prices for pending orders automatically when software copies the pendingorder which price is too close to the broker's market price at the moment and broker forbids to setthis price with error "Error/CREATE/SL or TP invalid value Price".

Hidden pending order - pending orders will be hidden from broker. The values of pending ordersstored in the memory. When level of order is executed, order will be opened as market order.

Add spread - this feature adds a multiple of the spread to the entry and or exit. In short when themaster opens the order (BUY, SELL), on the slave a pending order should be opened (BUY LIMIT,SELL LIMIT) with execute price of the original order + (-) "Add Spread" value.

In NORMAL (non-reverse) MODE the "Add Spread" will always be deducted from the order's BUYprice and added to the order's SELL price.

Example 1: If order was opened on master account BUY at 1.3852 and "Add Spread" = 2, then onslave account BUY LIMIT order will be opened at 1.3850

Example 2: If order was opened on master account SELL at 1.3855 and "Add Spread" = 5, then onslave account SELL LIMIT order will be opened at 1.3860

In REVERSE MODE function should also work together with "Reverse" mode. In this mode, BUYLIMIT order will always be below the market price and SELL LIMIT order will be above the marketprice.

Example 3: If order was opened on master account SELL at 1.3910 and "Add Spread" = 4 , then onslave account BUY LIMIT order will be opened at 1.3906

Example 4: If order was opened on master account BUY at 1.3920 and "Add Spread" = 4 , then onslave account SELL LIMIT order will be opened at 1.3924

If "Add Spread" = 0, then the function will continue to open the LIMIT order at exactly the sameprice as the original master order

Example 5: If order was opened on master account SELL at 1.3910 and "Add Spread" = 0 , then onslave account BUY LIMIT order will be opened at 1.3910

Example 6: If order was opened on master account BUY at 1.3920 and "Add Spread" = 0 , then onslave account SELL LIMIT order will be opened at 1.3920

Division orders – allows one to split a single large order on the master side into several small orders on the slave side. The top field in the box – “Min lot for division” determines the smallest size of a slave lot that is to be split among multiple orders. The bottom field is the lot size of the resulting split orders. Any remainder after division will be given it’s own order as well.

Margin control - allows to close all active orders on slave account and not copy new ones whenthis slave account's balance or equity (selected via the two radio buttons in the “type” box) reaches specific value. If it is active (checked), user can specify the intwo edit boxes: Risk percent and Balance start.

Example:

Risk percent = 25

Balance start = 20000.00

Above means that we are willing to take risks 25% from $20000.00 which is $20000.00-$5000.00 =$15000.00

Therefore if the account balance will reach the level $15000.00 then margin control functionshould work and it should

1) close all currently active trades on this slave account

2) block copying any new trades to this account

Stops TabThis tab allows you to control copying of StopLoss and TakeProfit

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Copy SL and Copy TP - these options allow to specify if you wish to transfer modifications of SL/TPfrom master to slave account.

Correct low TP level and Correct low SL level - these options are useful if slave broker haslimitations for SL/TP level (Stop Loss, Take Profit and Pending Orders N pips or more away fromthe current price). If slave server rejects modification because of specified SL or TP is out ofallowed bounds you will get "SL or TP less than the resolved level" error message in your log andtrade will not be modified. If you check these checkboxes, PowerTradeCopier will place Stop Lossand (or) TakeProfit on minimal allowed distance from the current price.

StopLoss and TakeProfit Copying Mode

You can set copying mode for StopLoss and TakeProfit

"A": absolute mode. StopLoss and TakeProfit values will be copied from master side as is."P": pips mode. StopLoss and TakeProfit values will be adjusted. Absolute values transforms topips, then pips applied to calculate new StopLoss and TakeProfit on slave side.

Hidden - in this mode StopLoss and TakeProfit will be hidden from broker (will not be copied toslave). The values of StopLoss and TakeProfit profit stored in the memory and software willobserver the price on slave; when proper level of SL/TP will be reached, order will beautomatically closed by software.

OverwriteSL and OverwriteTP - these options allow you to overwrite copying size of StopLossor(and) TakeProfit (new values should be specified in NewStopLoss and NewtakeProfit fields)

move SL and move TP - these are functions that allow you to move StopLoss for a certain amountbelow the level of StopLoss the master account (the same is for TakeProfit).

Example 1:

Type OpenPrice TakeProfit StopLoss Calculation formula

Master account BUY 1.4 1.405 1.395

Slave account BUY 1.4 1.405 1.394 1.3950-10pips

Example 2:

Type OpenPrice TakeProfit StopLoss Calculation formula

Master account SELL 1.4 1.395 1.405

Slave account SELL 1.4 1.395 1.406 1.4050+10pips

(as for "SELL" trade StopLoss level is higher then OpenPrice, so in this case value of "move SL" is added to StopLoss level of Master but not subtracted from it)

This function is useful when the master and slave accounts are on different brokers. When slaveaccount broker provides greater spread (or a different currency pairs has different spreads). So it

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may happen that the master account has not yet reached StopLoss, while on the slave it may bereached which may lead to different results on slave and master.

SL nul copy and TP nul copy - these settings relate to "move SL" and "move TP" functionality. Ifthese checkboxes are checked then slave will get "Move SL" and "Move TP" levels even in case ifSL and TP level on the master is zero.

2008 -2012 © BJF Trading Group inc.http://multiterminal.net

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PowerTradeCopier Module “DukasCopy JForex Bridge”

JForex Bridge allows you to use to copy trades from one or several MetaTrader 4 terminals to one or several JForex (DukasCopy) accounts, using all features of PowerTradeCopier. Bridge works with no delay. You do not need to run platforms. This tool will be useful for forex traders, money managers, brokers. If you forex trader you can use your MT4 expert advisors under MT4 terminal control and copy trades to DukasCopy account. If you money manager, you can manage MT4 and JForex accounts simultaneously,

using most powerful multiterminal for money managers. If you broker, you can copy successful

strategies to DukasCopy.

How to use JForex Bridge

1. Edit jforexbridge.ini file (provisional, in next version this function will migrate to PowerTradeCopier). Example:

[30000] jnlpUrl=https://www.dukascopy.com/client/demo/jclient/jforex.jnlp userName=DEMO2ymSAL password=ymSAL [30001] jnlpUrl=https://www.dukascopy.com/client/demo/jclient/jforex.jnlp userName=DEMO10037cUQEeEU password=cUQEe [30002] jnlpUrl=https://www.dukascopy.com/client/live/jclient/jforex.jnlp userName=EDU-FXD5347xD password=GM7QrOtx6z pin=pin Each section starts with section name which means computer’s port number. jnlpUrl is address of jnlp file, which launches JForex connection. Take attention, sections 30000 and 30001 works with Demo accounts, 30002 – with Live account, jnlpUrl differs accordingly. userName and password are self explanatory. pin must be not empty for Live account, not obligatory real pin meaning. 2. Tune PowerTradeCopier: Add JForex slave(s):

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Unblock necessary symbols for every slave

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Switch on copy function

3. Restart PowerTradeCopier. 4. Enter captcha for every Live account (rules about see at JForex page):

5. You can control each JForex terminal in separate window. You see windows with orders tables for each account and console windows for all of them. Console window contains important service information, but it is not nessesary for copying.

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www.: http://multiterminal.net email: [email protected]

2013 © BJF Trading Group inc.

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Video: http :// youtu . be / i 7 ddeWUD 6 z 0

FIX API Add-onFIX API Add-on for PowerTradeCopier works as a bridge between MT 4 platforms andBrokers with FIX API Support. You can copy trades from MT 4 Master terminal(s) toBrokers with FIX API Support slave terminal(s); or from Brokers with FIX API Supportmaster terminal(s) to MT 4 slave terminal(s); or from Brokers with FIX API Support masterterminal(s) to Brokers with FIX API Support slave terminal(s).

The FIX protocol supports STP (Straight Through Processing), which reduces the tradesettlement time dramatically. Today, the FIX protocol is the de-facto messaging standardfor trade communication globally.

FIX API Module - Supported Brokers

Currenex, LMAX, ADS Securities, Fortex (Marex), MIG Bank, CitiFX, SwissCode, InteractiveBrokers (IB), HotSpot…,

FIX API Module - the Benefits

• Supports all MT4 brokers 5/4 digits, market/instant execution\\\, different currencysimbols (eurusd, eurusd_fx\\\, fx_eurusd, etc.)

• Supports all MT4 order types

• Supports Stop Loss, Take Profit\\\, Trailing Stop\\\, Valid Until features

• Handles all price / time events on MT4 side

• Provides real-time buying power control including pending orders

• All new versions and updates of FIX API Module are free of charge. We employ aflexible system of payment included discounts and bonuses.

• 30 days money back guarantee

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Video: http://youtu.be/eyQ1PkVl\\\Z\\\qM

STP Add-onAllows catch modification or closure request on the master terminal and copy it to slave.

This is the new mode of software work (instead of existing Copier and Provide modes). Soif you will select this mode, it will replace your current mode of work. If STP add-on willbe activated you'll have to specify the master MT4 terminal location instead of accountnumber and password.

We have developed STP add-on which allows catch modification or closure request onthe master terminal and copy it to slave. As soon as you or your Forex robot will sendmodification request or closure request\\\, copier will copy this command to slaveimmediately without waiting when the order will be modified or closed on the masterterminal.

STP add-on has one limitation. PowerTradeCopier and master terminal shouldbe installed on one PC or VPS.

If your strategy has closure condition by Take Profit or Stop Loss only, you can use thisadd-on for orders opening too. But if your strategy has other closure conditions, we donot recommend to use STP add-on for orders opening. Because this can lead to abnormalsituations when the order was for some reason not accepted by the server on the masteraccount\\\, but has been copied to slave account.

Example for closure (modification) without STP Add-On

16:43:35 '2345': close order # 111 buy 1.00 EURCAD

16:43:35 '2345': request was accepted by server

16:43:35 '2345': request in process

16:43:36 '2345': order #111 buy 1.00 EURCAD closed -> 16:43:36 Copier will copyclosure request to slave terminal

Video: http://youtu.be/4LUDTfxt0Ws

Example for closure (modification) with STP Add-On

16:43:35 '2345': close order # 111 buy 1.00 EURCAD -> 16:43:35 Copier will copyclosure request to slave terminal

16:43:35 '2345': request was accepted by server

16:43:35 '2345': request in process

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16:43:36 '2345': order #111 buy 1.00 EURCAD closed

Video: http://youtu.be/7eRWDTOWshI

Web: http://multiterminal.net

e-mail: [email protected]

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