Trade Copiers

METATRADER TO TRADELOCKER TRADE COPIER

This is the user guide for 'MT4/MT5 to TradeLocker' Trade Copier EA

This copier is available for rent or purchase at Upwork

https://www.upwork.com/services/product/development-it-trade-copier-of-cross-trading-platforms-
1648332306471604224?ref=project_share

1. Install MT4 or MT5 signal transmit EA.

Put “MT4ToTradeLocker.ex4” or “MT5ToTradeLocker.ex5” to \MQL4\Experts\ or \MQL5\Experts\

Open any chart and attach this Copier EA to chart. At the first EA variable, please enter your
license key

1. Please attach this signal EA to ONLY one chart.

This EA can fetch multiple symbol/trade event signals. If it's attached to more than
one chart, the trade signal would possibly be mixed up.

If you want to temporarily stop this EA, please click 'Stop Signals' button on the trade
panel. MT4/MT5 'auto trading' or 'algo trading' button is not applicable as this EA
won't make any trade.
TradeLocker API only accepts ONE trade entry/exit/modification per time at one account. For
concurrent trade action scenario, it will only accept the first one and discard the rest (by raising
the error message of 'too many requests')

This copier has one special feature called 'API Network Throttling?' that you can enable to add
time delay on each consecutive trade action. Default is true. Delay time (in second) is
adjustable. If your strategy doesn't have concurrent trade entry/exit, you could set that false
that will make order signals faster.

If any failed order entry or exit, please check API response messages at MT4/MT5
log window. API response message is something like {"orderId":381975072}

2. Select Demo or Live mode

3. Below required info are what you've registered or got from your TradeLocker Brokers. Those info are
required to log in TradeLocker server api. Please check the welcome email from your TradeLocker.

(a) email address - that you've used to registe your TradeLocker broker account

(b) password - that was assigned by your broker

(c) broker server - it should be depicted at your broker welcome or account confirmation email.

'Account Ids' field can be left as blank. If blank, EA will request to get all available account numbers
from your TradeLocker broker and then select the first one to send the copy trade signals.

If you want to specify which TradeLocker account to get copy signals, the input format is:

single account as

34235432

multiple accounts as
34235234,1234355

(separated by comma)

If multiple accounts are input, EA will send out the copy signal to each of them (i.e. multiple account
support). Special note: please DO NOT put more than 3 accounts on this list. If you need more
accounts to be copied, open another chart to attach copier with different set of account list.

This EA will cross check what account number you've input with what it gets from TradeLocker broker.
If it's not consistent, EA will hold up.

4. Symbol mapping list - if TradeLocker instrument name is different with MetaTrader's, please input as
below format (MT4/MT5's symbol name first, comma, then TradeLocker's)

BTCUSD,BITCOIN;

if two pairs,

BICUSD,BITCOIN;XAUUSD,GOLD;

- 'MetaTrader Symbol Prefix To Be Ignored' and 'MetaTrader Symbol Postfix To Be Ignored'

assum you input prefix en and that MT4/MT5 symol is enEURUSD, this copier EA will remove the prefix
'en' and convert it as EURUSD before sending to TradeLocker.

assum you input postfix .st and that MT4/MT5 symol is EURUSD.st, this copier EA will remove the
postfix '.st' and convert it as EURUSD before sending to TradeLocker.

5. Lot multiplier list - if you want to multiply the lot value to TradeLocker, for instance, input

EURUSD,10;XAUUSD,2;

If simply input

10

All trade lots at MT4/MT5 will be multiplied by 10.

6. Partial close feature is enabled by default - while TP/SL price copy is *disabled* by default.
'Copy Limit/Stop Orders' is also *disabled' by default.

'No Close Signals If That Dealt Order Has TP/SL Prices' ---> if 'TP/SL price copy' function is enabled,
it's recommended to enable this. This feature is to refrain sending MT4/MT5 position *exit* signal to
TradeLocker as TradeLocker trades already have got its own TP/SL.

7. Lot mode - default is 'follow MT4/MT5 order lot'; another two options are 'Equity-To-Equity' and 'Fixed
Lot'

8. Order magic number list - you could assign specific magic number for trade signalling.

For multiple magic, separate each with comma.

For instance, 3413434,1343292

Default is a blank string, i.e. applying on all trades.

9. Applicable symbol list - you could restrict to specific symbol/instruments. Separate each with
comma, e.g. EURUSD,XAUUSD,USOIL

Default is a blank string, i.e. applying on all symbols.

10. Applicable comment list - you could restrict to specific order comment. Separate each with comma.

11. As there are great variations of customer custom needs of control or filter requirements, this copier
use the alternative approach to accommodate.

If enable "Enable Hold-Up Feature?" variable (default is false), MT4/MT5 signal EA will keep checking
whether MT4/MT5 global variable named

TLCOPYDISABLE

is 1 or not. If that equals 1, MT4/MT5 signal EA will hold up. It doesn't equal or that global variable is
not set, MT4/MT5 signal EA will keep running.
You could self write (or hire a developer) to write an EA or indicator to set value to that global variable
with your own control/filter logics.

12. As network API-based copier is inherently less reliable than local copier (due to client/broker
network stability), this copier will output the API response messages to mt4/mt5 log. Once you get
any trade issue in the future, you could check the log file and see how broker api server responds.

==============

Special Notes for DxTrade/TradeLocker 'Network Throttling' restriction

As many customers are concerning the impact of DxTrade/TradeLocker 'network throttling' restirction
towards their strategy or multiple account copy, I elaborate again how this restriction works and how
this copier accommodates this restriction:

- What is 'Network Throttling'?

You could google this term. It's intentionally imposed by server provider to limit the client network
concurrent multiple requests. If it's implemented by trading API providers, that means that brokers
won't like your concurrent multiple trading requests to make their trading server too overloaded.

- What are implemented by DxTrade & TradeLocker?

DxTrade has explicitly stated their network throttling rules at their API doc:

https://demo.dx.trade/developers/#/DXtrade-REST-API

(see 'rate limits & throttling' section)

TradeLocker doesn't mention that at their API doc but from recent experiements it shows similiar
behavior (but a bit relaxed than DxTrade). For concurrent multiple trading requests, TradeLocker API
will reject some by responding 'too frequent requests'.
DxTrade network throttling rules have applied on login, date fetch, trading request, etc. If we look at the
trading request rule:

For trading requests(placing / modifying / canceling orders) based on client session, default
value 1 per second.

That means if you send the concurrent 3 consecutive trade entry or exit or modification requests to
DxTrade API, it will only take the first trading request but reject the rest by responding 'too many
requests' - as those concurrent multiple trading requests are made WITHIN one second.

Please note multiple account copy also leads to concurrent multiple trading requests scenario - as
copier has to send another account trading activities concurrently.

- How this copier accommodates DxTrade/TradeLooker 'Network Throttling' restriction?

All API response messages will be output at MT4/MT5 log window (no matter success or failure). If
you get any missed order entry or exit at DxTrade/TradeLooker side, please check MT4/MT5 log first for
API failure response.

As we are unable to change DxTrade/TradeLooker restriction behavior, this copier provides below
variables so you could set or adjust (at the bottom of copier variable window):

(a) 'API Network Throttling?' - default is 'true', i.e. enabled. This copier will follow their API throttling
rule.

(b) 'Throttling Delay in Second' - Default value is 1, i.e. one second. If above variable is set 'false', this
variable is not appicable.

You could first try to set 'API Network Throttling?' as 'false' (i.e. disabled). This copier will instantly send
out all concurren trading entry/exit/modification to API server.
You can do this as experiement. Just quickly repeatedly click MT4/MT5 one-click panel to generate
concurrent multiple order entries (or make concurrent multiple order exits). Then check MT4/MT5 log
window how API reponse messages say. If you're confident that DxTrade/TradeLooker don't restrictly
execute their throttling rule or your strategy won't have concurrent trade entry/exit scenario, you could
set this variable 'false' as disabled.

As this 'API Network Throttling?' is set 'true' as default, for a concurrent trade entrie (e.g. three
entries), this copier will do the following actions sequentially

- send the first trade entry request to API, and queue the rest of two

- wait 1-2 second (depending on the throttling delay time you've set + a little time margin)

- send the second trade entry request

- wait 1-2 second

- send the third trade entry request

Please note the whole process cannot exceed 30 seconds

Suggestions:

(a) Review your strategy behavior if timing delay really matters.

(b) Talk to your brokers if they are unable to remove network throtting rule especially for your account
(but I am not so sure they are willing to do this exceptionally)
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