Help CenterAdvanced settings can be set up on the Master or Slave. Regardless of where you set it up, the settings you have entered will be synced in both views (Master and Slave). Please note that all features under the "Advanced Settings" tab are optional. Only utilize them if it fits your strategy.
To access Advanced Settings Options, please follow the steps below:
- In the Cockpit page, click Copy Settings button from Master/Slave Section.
- Click Adv. Settings button.
- Click Advanced Settings.
- Set the settings you prefer.
- Click on the Save button to save changes.
**Hover your mouse on ? to get description of the feature.**
Comment
You can change the default comment on a trade (MT4, MT5, and cTrader only). FXCM and LMAX don't support this function.
The Comment feature is usually used to know which Master placed the order on a Slave account. To do that, you can enter a comment by going to your Master's advanced copy settings.
You can define a comment for each master/slave copy link, the comment will appear on the slave trade.
Please note that it is not possible to copy the comment defined on your Master trading platform directly. Duplikium's "Comment" feature only applies to the comment entered on your Trade Copier.
Please note that the comment feature is available only for accounts with a Subscription Plan.
Slippage & Pips Management
We offer 3 ways to manage your Slippage
Slippage control options can be set up on your Master or Slave accounts' Advanced Settings. Regardless of where you set it up, Master or Slave, Slippage control applies to your Slave account only. You can activate these options altogether at the same time; however, please remember that these settings will create parameters to qualify if an order should be processed or not. These parameters need to be respected in order for an order to go through, so creating too many parameters may lead to the majority of your orders not getting processed.
Control 1: Max Slippage (pips)
The Max Slippage (pips) value entered determines how close the slave's price needs to be to the master's entry price for a trade to be copied.
Control 2: Max Delay (in seconds)
The Max Delay (in seconds) limits the delay allowed to execute an order. If the delay on an order exceeds the Max Delay (in seconds) value, the order will be ignored/rejected.
Control is 3: Wait for Price Improvement (pips)
The Wait for Price Improvement (pips) delays the transmission of a new order to the Slave until it is in profit by the specified number of pips. The delay can lead to higher price differences between Master and Slave.
Minimum and Maximum Order Size
The Minimum and Maximum Order Size functions will define the minimum or maximum lot size to copy per order. NOT for accumulated positions. Please note that they don't work like a filter that will dictate whether an order should be processed or not. They will simply adjust the order size based on the min or max value you entered while respecting your broker's minimum and maximum size requirements.
What happens if the Minimum Order Size entered is greater than your broker's minimum order requirement:
If your broker's minimum order size is greater than the value entered in the Minimum Order Size field, the Trade Copier will reduce the order size to the minimum value allowed by your broker. If you do not want to round up, disable the Minimum Round-Up feature to ignore the order. Learn more about Minimum Round-Up function.
What happens if the Maximum Order Size is smaller than your broker's minimum order requirement:
If the minimum order size allowed by your broker is bigger than this Maximum Order Size, the Trade Copier copies the minimum order size. In this particular case, the system always tries to copy the trade with the minimum allowed value.
Order Size Rounding Options
Minimum Round-Up
By default, the Trade Copier will automatically round up the order size to meet your broker's minimum order size requirement. If you do not wish to round up the order size, you can disable the Minimum Round-Up function located in your account's Advanced Settings to ignore the trade.
Here's an example: Your broker's minimum requirement is 0.1, while your calculated Slave order size is 0.08
- Round-up enabled: automatically round up the Slave's trade size to meet your broker's requirement. The order size will be rounded up from 0.08 to 0.1
- Round-up disabled: not round up the Slave's trade size and will ignore the trade.
Round Down
Round Down function determines how the computed Slave’s trade size decimal numbers would be simplified.
Here's an example: Your calculated Slave order size 0.0555
- Round down enabled: the trade size becomes 0.05
- Round down disabled: the trade size becomes 0.06
Split Order
If the computed slave's trade size is bigger than the maximum lot size authorized by the broker, the order can be split into a few orders to execute the whole size in several orders.
Here's an example: Your broker's maximum order size limit is 10 lots, while your calculated Slave order size is 15 lots. Instead of this order failing for exceeding the max limit of your broker, if you activate the split order function, the Trade Copier splits the order into 10 lots and 5 lots to complete the whole 15 lots.
Maximum Accumulated Position Size
The Maximum Accumulated Position Size function defines the accumulated position limit of a particular Master, Slave, and or Master/Slave's symbols. Depending on where you will set this up if the accumulated position size on the Slave, Master, or Master's/Slave's Symbols would exceed the entered value, the Trade Copier prevents your Slave Account from copying new open orders.
For example, if you have defined the “Max Account Position Size (Slave)” to 0.5, you will be able to have a total net position of a maximum of 0.5 lot. You can open a maximum of 0.5 lot in one direction either buy or sell, which means that you could have 0.5 lot buy and 0.5 lot sell at the same time, however, you will not be able to open a new trade.
In case you already have a buy position of 0.4 lot and you copy a new trade of 0.3 lot, this new trade will be capped to 0.1 lot in order to have a maximum account position size of 0.5 lot.
You have 4 options on where to set this up. If you combine these options altogether, the most restrictive value will be applied.
A.) Max Account Position Size (Whole Slave Account)
Max Account Positions Size is based on the Slave account level. If you choose to set up this option, please note that it will consider all orders on the Slave account, from any source, not just those created by the Trade Copier.
B.) Max Symbol Position Size (Slave Symbols)
Max Symbol Position Size is based on the Slave's symbols. If you choose to set up this option, please note that it will consider all orders & symbols on the Slave account, from any source, not just those created by the Trade Copier.
C.) Max Account Position Size per Master
Max Account Position Size per Master is based on the accumulated positions copied from a Master to the Slave. If the accumulated positions exceed the value entered, the Slave will stop taking orders from the Master. If you choose to set up this option, please note it doesn't consider orders coming from other Masters, other sources, and orders placed directly on the Slave account.
D.) Max Symbol Position Size per Master
Max Symbol Position Size per Master is based on a given symbol copied from the Master to the Slave. If the accumulated positions exceed the value entered, the Slave will stop taking orders from the Master. If you choose to set up this option, please note it doesn't consider orders coming from other Masters, other sources, and orders placed directly on the Slave account.
Position Count Control
You can control the count or the number of orders you only want to open on a particular Slave. Additionally, you can select a parameter on where you'd like to base the counts. If the number of open or pending orders copied exceeds the value you entered on the following options, it'll prevent the Slave account from copying new open orders no matter the trade direction (buy or sell). This means both buy and sell orders are considered in the count.
Here are the options you can choose from. Please note that if you combine these options altogether, the most restrictive value will apply.
A.) Max Account Open Position Count (Slave)
Max Account Open Ppsition Count is based on the Slave account's open and pending orders. For example, if you set the value to 10, and you already have 9 open and pending positions, the Trade Copier will allow 1 more open order to go through then it'll stop copying new orders.This means you have to close orders in order to copy new ones to respect the Max Account Open Position Count.
It'll consider all the open and pending orders of your Slave account, from any source, not just those created by the Trade Copier.
B.) Max Symbol Open Position Count (Slave Symbol)
Max Symbol Open Position Count is based on the symbol count of the Slave's open and pending orders. This means if you entered a value of 5, you cannot have more than 5 open and pending orders of the same symbol. For example, if you already have 5 EURUSD and 3 XAUUSD open orders, the Trade Copier will prevent EURUSD from getting copied, while it'll still allow 2 open orders of XAUUSD.
It'll consider all the open and pending orders of your Slave account, from any source, not just those created by the Trade Copier.
C.) Max Account Open Position Count per Master
Max Account Open Position Count per Master is based on a particular Master's open and pending count. If the number of open or pending orders copied from this specific Master account to the Slave account would exceed this value, it prevents the Trade Copier from copying new open orders.
This option is most useful if you have multiple Master Accounts. It doesn't consider orders coming from other Masters, other sources, and orders placed directly on the Slave account.
D.) Max Symbol Open Position Count per Master
Max Symbol Open Position Count per Master is based on the symbol count of the Master account. If the number of open or pending orders copied from this specific Master account to the Slave account exceeds this value per symbol, it prevents the Trade Copier from copying new open orders.
It doesn't consider orders coming from other Masters, other sources, and orders placed directly on the Slave account.
E.) Max Daily Account Position Count (Slave)
Max Daily Account Position Count (Slave) works like Max Account Open Position Count (Slave). The only difference is that the count will refresh daily with this option. Please note the Trade Copier is using CET Timezone.
It'll consider all the open and pending orders of your Slave account, from any source, not just those created by the Trade Copier.
F.) Max Daily Symbol Position Count (Slave)
Max Daily Symbol Position Count (Slave) works like Max Symbol Open PositionCount (Slave Symbol). The only difference is that the Slave symbol count will refresh daily. Please note the with this option. Copier is using CET Timezone.
G.) Max Daily Account Position Count Per Master
Max Daily Account Position Count Per Master works like Max Account Open Position Count per Master. The only difference is that the Master order count will refresh daily. Please note the Trade Copier is using CET Timezone.
It doesn't consider orders coming from other Masters, other sources, and orders placed directly on the Slave account.
H.) Max Daily Symbol Position Count Per Master
Max Daily Symbol Position Count Per Master works like Max Symbol Open Position Count per Master. The only difference is that the Master Symbol count will refresh daily with this option. Please note the Trade Copier is using CET Timezone.
It doesn't consider orders coming from other Masters, other sources, and orders placed directly on the Slave account.