What is a Trade Copier in Forex?

Help with getting started with Telegram signals and MT4

I recently came across a Forex signals group, which have a pretty good pip count for the past 6 months, and I've bought their premium version ($50 for a month) and I'm curious if it is worth it for a student on a £400 balance... also if there are any ways to automatically copy the trades for free from Telegram to the MT4 app, like a signal copier service for cheap or free?
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World Class Financial Trading VPS

A VPS stands for Virtual Private Server. As the name implies it is your own private server which is hosted in the cloud/on the Internet. Like any server it is always on 24/7 and constantly online.
There are many usages for Forex VPS and here is the list of usage mainly by traders.
  1. Running Expert Advisor (EA)
  2. Indicators
  3. Trade Copier
    1. Slave and Master
  4. Publishing EA Tool
    1. myfxbook & fxblue etc
  5. Push notification
    1. sending a notification to mobile
You can read this article about how Forex VPS vs Home PC for a more in-depth comparison.
Basically the core factor for using a Forex VPS is the reduce the latency between your MT4 platform to your Broker server. By using the correct location provided by the Forex VPS vendors, you can achieve 1ms latency which helps to improve trade execution aka reducing slippage.
Next factor is the uptime. Our home network ISP and home electricity can never be assured. What if you face a blackout? Or network outage? Or hardware failures? As it is important to ensure your trading platform is running 24 hours a day without fail, you will require professional infrastructure to ensure 100% uptime or at least 99.9%
There are many advantages of using Forex VPS but here is the list of the most important ones:
To be categorized as one of the Best Forex VPS in the industry for Algo trading, these are the few core factor you need to consider:
I would recommend to give TradingFXVPS a try and enjoy their robust VPS for traders and our excellent customer support service.
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"Extreme Edge" Strategy - Low Risk and Stable for Copying.

Extreme Edge Strategy
READ THIS BEFORE MAKING COPYING DECISIONS!

This strategy is simple one, but one of the most effective ones I know. I will explain the strategy in full in another post. When you learn the concepts of it, you should find profiting in trending markets to be far easier. When markets form in trending patterns, this is an extremely successful strategy.

The strategy may or may not trade a lot. It all depends on if the market fills specific levels where I consider there to be an “extreme edge” (literally, I think it is the best trade available on the market that happens often enough to build ongoing strategies around).

In ranging markets the default strategy does not work well, because it is designed for trend trading. However, in ranging markets trades will be generated from a slight adaptation, but the same entry principles.

Brokerage:
The strategy will work best on ECN brokers. For optimum results, it has a few requirements. Including tight spreads, good execution and ability to trail stops with no limitations. I am using IC Markets. You should be using a broker of similar quality.

For people who have to use brokers sub-par to IC Markets (for whatever reason), I will concurrently run a version of the strategy on higher time-frames. To get only these trades, set the copy trader to filter out trades with stop losses under 15 pips

Money Management:

This master account will trade only positions of 0.01. You can use your copy traders settings to select the lot size you want to use. It will trade a maximum of 4 positions. You can reduce risk by trading less positions using copy trader settings.

You should account for losing at least 250 pips per 0.01. This is around $25 (a bit less on some pairs). So if you are using *4 0.01, you should account for it being probable at some point $100 losing streak can be hit. Set your risk according to what you can lose, and if that is under $25; do not do this!

You can set your maximum loss using the copy trader, but if it will work out to be under 250 pips per 0.01, you are probably better scaling down risk. 250 pips is 10 - 25 losing trades in a row, which should be rare but can happen.

Make sure you set up (and test) that you are using the right settings. The right fixed lot size and the right number of trades. The trading on my account will assume you have these risk caps in place and aim to be profitable on such parameters

READ THIS BEFORE MAKING COPYING DECISIONS!

Leverage and margin requirements:

The max risk version can be copied on 1:50 leverage with an account balance of $200.

Extra Notes:

. This strategy will always use pending orders. So it can be used as somewhat of a signals service as well as copying.

One thing I hope following this strategy can help people with is it showing them points where you are probably losing money (n00b mistakes) and how there can be a better trade on the other side.

This should become more clear upon reading the full strategy description, to be posted soon.

If copying, please do remember to take the time to test the copier settings and ensure they work properly.

READ THIS BEFORE MAKING COPYING DECISIONS!

Login Details
Platform: IC Markets MT4
MT4#:: 10333388
Investor Password: u/inweedwetrust

If linking any accounts, please send me details of Myfxbook/FX Blue so I can check results and make sure it runs properly.

READ THIS BEFORE MAKING COPYING DECISIONS!

Edit: Strategy description. https://www.reddit.com/Forexnoobs/comments/aet6am/the_best_single_trade_on_the_market_imo/
submitted by inweedwetrust to ForexCopy [link] [comments]

Forex Signals is the smart way to trade in forex.

We monitor the Forex market so you don't have to do that. You will receive forex signals in real-time to your email/mobile phone or to your mt4. Forex signals include Entry, Stop & Take Profit prices. We notify you only when it's time to trade.

Visit our forex signals site to see our verified account by Myfxbook with more than 180% profit.

Forex signals can arrive at your email, WhatsApp, Mobile phone by push notification or to your mt4 by EA copier, You can set the currencies and the volume of the trades.

If you are too busy to trade, receive automated signals directly to your mt4 account. Our service design to individual or companies that look for forex signal service or account management.
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profitable forex signals

rami forex trade copier service is the best way to invest in forex market Safely and profitably with forex signals service copy trade service copy trade forex trade copier allows subscribers to copy all trades of provider directly and in real time with remote trade copier mt4 which saves time and effort for provider and subscribers. trading signals RAMIFX generate a profitable and high accurate trade copier forex signals 100% Manual trading system without any high risk and fees it is the alternative “managed forex accounts” the high costs !!
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Forex Copy Trade Software. 11 Trade System of Mt4 to Mt4 ... [English Review]Free Copy Trade 2019 MT4 and MT5 - YouTube Fast Forex Trade Copier (10 orders copied in under 1 ... Forex Mt4 Auto Copy Trade Software. Now you can copy trade ... Forex Trade Copier?? cTrader Connector for PowerTradeCopier Uncle Lee Trade Copier Setup MT4 Trade Copier Demo - Forex Copier Review Forex Trade Copier and Signals - MNF What is Forex Trade Copier Service?

This service is the Best Forex Trade Copier Service you find online as of today, free. There are People running big accounts and making a living with their trades. Dennis will close most of his trades on the same day. All trades have SL and TP. The risk is not more than 5% of the account balance. The trade copier also copies the money management from Dennis to your account. The MM settings are ... Why We Are Different. We understand that, as a Trade Copier of Forex Trade, one of your only concern is which project is fair enough to place your chp_mng_hn into. For this reason, This having said, we are pleased to introduce to you a new trading ground, The Forex Trade - it is a social trading platform that allows chp_mnilm (known as Trade Copier) to copy the trading orders of selected Trade ... Trade Forex Copier Daily Top Best Reliable Accurate Forex signals service Provider and Best online . Accurate Trade Copier Provider service.We provide world Best High voltage power Trade copier. We are group and experienced work for our all traders and members.We always observe market movement. And our passion to make profit for our traders and ... Connect your MT4 account today to my Trade Copier service and you can start earning money on the next trade I execute (you never have to execute a trade to profit). Set up only takes a few minutes and we help you every step of the way with our live technical support. Once your MT4 account is connected, you can go to sleep, go on vacation, and you get to keep all of the profits, (no profit ... The best forex Trade Copier for signal provider. Mirror your trades on MT4, MT5, cTrader, FXCM and LMax. The fastest remote copier managed in the cloud What is Local Trade Copier?. Local Trade Copier is a special software for MetaTrader 4 platform which helps retail Forex traders and account managers duplicate trading positions between multiple accounts running on the same computer/VPS so they won’t need to repeat the same trade operations on each MT4 platform individually. Trade Copier vs. Forex Trade Copier Service. We need to make the difference between what a trader copier is and what it’s not. The confusion around this subject is widespread among traders because it’s quite easy for trade copier software to be mistaken with a signal service use for social trading where trades are executed on client’s accounts automatically. Forex Copier makes it easy, since you don’t have to manage positions manually on each of them! Just work on one MT4 ® / MT5 ® terminal and mirror your trades to all the other accounts you manage. Both Forex Copier 3 and Forex Copier Remote 2 will help you with this issue. Trade Copier. With a PRO subscription, get our MT4 Trade Copier plugin and copy us every time we enter or exit a trade. Compatible worldwide with any MT4 Forex Broker. This means when we trade our account, your account will automatically trade too. When we move our Stop Loss or Take Profit, your trade will do the same. 0.1 seconds to copy any trade. Every trade. Forex Trade Copier 3. Please note that Forex Copier 3 is a tool for “local” copying. All trading platforms should be run on the same PC or VPS. Have your trade copying process up and running in 2 minutes max. Any broker support; Risk management; Reverse Mode; Custom lot management

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Forex Copy Trade Software. 11 Trade System of Mt4 to Mt4 ...

Review of Forex Copier, multi account version. Learn how to use forex copier to copy/duplicate trades with your MT4 trading accounts. Visit Learn how to use forex copier to copy/duplicate trades ... -Trade Copier Service and signals and much more for you to be profitable in the forex markets! Sistema Automatico da MultiNationalForex.com: -Sem você fazer nada ganhará dinheiro com o nosso ... Fast Forex Trade Copier (10 orders copied in under 1 second) https://www.mt4copier.com This video demonstrates the speed of the Forex trade copier software o... My Trade Copier Service with FX Coach Andrew Mitchem - Duration: 4 ... Forex Mt4 Auto Copy Trade Software. Now you can copy trade from any account to your real account - Duration: 4:57. AsirFx ... What is Forex Trade Copier Service? https://www.forexstrategieswork.com/forex-trade-copier-service/ In this video, William shares what Forex Trade Copier Ser... Download Free Version : https://drive.google.com/open?id=1_uquawT4GXNBKryxOIW249qXKgArudkD Fullversion detail: https://sites.google.com/site/thailandeadevelo... Published on Apr 13, 2019. This video goes into the basics of installing the trade copier software for Uncle Lee's service. Please see the PDFs for more details or make contact through Telegram ... Product Link: https://fxschool.info/copy-trade-software/ Details: Fx School Forex COPY Trade Software 1. This is one time payment for lifetime. 2. You can ru... Product Link: https://fxschool.info/copy-trade-software/ If you want You can Also Copy Trade From Our Account by this Software: Watch this video: https://www... New Premium Trade Copy Service 2.0 - Your One Stop Shop For Forex Trading! ... Local Trade Copier for MT4 explained to Forex traders - Duration: 13:24. Rimantas Petrauskas 16,355 views. 13:24 ...

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