AMEGA Copy Trade User Guide Follower
AMEGA Copy Trade User Guide Follower
To register as a follower and start copying trades from a signal provider, follow these steps:
After completing these steps, you’ll be able to follow the provider and have their trades copied
automatically to your trading account.
Subscription Strategy
This section allows you to configure how trades from the provider will be copied to your account.
You can adjust the relationship between the volume of the provider's trades and the volume of
the copied trades on your account.
Strategy:
● Compared Value:
Choose between Balance or Equity to determine how the volumes of the provider and
follower accounts are compared. The system will use the ratio of these values to
calculate the corresponding volume of the copied trade.
○ Balance: The comparison is made based on the current balance of both
accounts.
○ Equity: The comparison is made based on the total equity (balance plus
unrealized profits/losses) of both accounts.
● Ratio Multiplier:
Set an integer to multiply the ratio of the Compared Values. This allows you to adjust the
size of the copied trades.
○ Example: If you set the multiplier to 2, the copied trades will be twice the size of
what the comparison would normally calculate.
Example:
This section allows for final adjustments to the volume of trades that will be copied to your
account. You can set limits to prevent trades from exceeding a certain volume.
Options:
Risk Management
This section allows you to manage the risks associated with your subscription. You can define
thresholds that, when crossed, will trigger automatic actions on your subscription.
Options:
● Parameter:
Select the parameter that the system will monitor. The selected parameter will be used
to compare with the threshold value.
○ Total Loss: The total realized loss on the account.
○ Total Profit: The total realized profit on the account.
○ Floating Loss: The current unrealized (floating) loss from open positions.
● Threshold:
Set the value at which the system will take action. This could be a certain amount of loss
or profit at which you want to automatically manage your positions or subscription.
● Subscription Action:
Define the action that will be taken on the subscription when the threshold is reached:
○ Keep: No action is taken; the subscription continues as usual.
○ Suspend: The subscription will be temporarily suspended, stopping further trade
copying.
○ Unsubscribe: The system will unsubscribe from the provider, effectively ending
the subscription.
● Trading Action:
Define what happens to the copied trades when the threshold is reached:
○ Keep All: No action is taken on the existing copied positions.
○ Close All: All copied positions are closed immediately.
○ Close Unprofitable: The system will close losing trades one by one, starting with
the largest loss, until the total loss is below the threshold.
○ Close All Unprofitable: The system will close all trades that are currently in a
loss.
Trade Copying Process
Once your provider opens a trade, the same trade will automatically appear in your trading
terminal on the account linked to the provider, provided that the subscription conditions are met.
The trade volume will be adjusted based on the settings you have configured in your
subscription strategy.
You will also see a unique identifier in the comment section of each copied trade, indicating that
it was processed through the copy trading system. This helps distinguish the trades copied from
the provider from those you may have opened manually.
By leveraging the copy trading process, you can mirror your provider's strategy while
maintaining control over how trades are executed on your account.
1. Positions
This tab shows the active positions currently being copied from your provider. You can track key
information about each position here.
Columns:
2. Deals
This tab provides a detailed breakdown of individual deals, including entries and exits for each
copied trade.
Columns:
● Deal: A unique identifier for each transaction made under a specific position.
● Position: The related position from which this deal originated.
● Status: Indicates whether the deal is completed or ongoing.
● Source: Identifies the provider's account responsible for this deal.
● Entry: Displays the type of entry, such as Buy or Sell.
● Symbol: The trading instrument for the deal.
● Volume: The volume of the trade associated with this deal.
● Price: The price at which the trade was executed.
● Time: The time at which the deal was executed.
3. Fees
This tab tracks all the fees related to your subscription and copied trades. You can see details
about the performance fees paid to your provider.
Columns:
By using these tabs, you can easily manage and monitor the progress of your copied trades,
stay informed about your positions, and review the fees associated with your subscription.
Transaction History
In the Transaction History tab, you can review all financial transactions related to your
subscriptions, including performance fees and other commissions. This section provides a
comprehensive overview of how funds have been processed between your account, providers,
and any agents involved.
This tab is essential for followers who want to keep track of all fees and payments associated
with their subscription, ensuring transparency in the copy trading process.
Columns:
This tab allows you to maintain clear oversight of all monetary transactions, helping you ensure
that all fees are correctly applied and that no payments go unnoticed.
Withdrawing Funds
To withdraw funds, simply navigate to your personal account on to your Amega Finance
platform. Since all commissions and trades are automatically reflected in your trading account,
you can easily manage your withdrawals directly through Amega Finance interface.
This streamlined process ensures that your earnings from copied trades are available on your
trading account for convenient withdrawal at any time.