Copy trading software

Hi,

Hail the reader

Am I in the right place for this post?

I am a position trader but use extremely low DD via my new EA.
The trades will take on average 4 hours to a few days.

I have over the past 8 months or so worked hard at bedding down all essentials, and settings for a very profitable Forex trading EA.
I'll publish the results here as soon as I have them - It will be a copy of my account - No scam or hogwash. A true copy of a months worth of real trading on 6 pairs. I have traded and tutored TA for many years, and I too have been a victim of some of these "Guru instant millionaire stunts" - New traders always wade into this crap... I too was a new trader at some stage.

At this stage I am not planning to sell my system and/or indicators, maybe in the future. The EA will work on any number of pairs deployed on a platform.
I will provide the assistant to my request here with free membership to the Guild which of course goes hand in hand with free trades.

This is my reason for this post - please assist!
In the mean time, can anyone please tell me if there is a software program that would allow my trades to be opened on A.N. Other's computer if somehow via this software they were members of my guild, and thus instantaneously connected?

Thank you

>>> In the mean time, can anyone please tell me if there is a software program that would allow my trades to be opened on A.N. Other's computer if somehow via this software they were members of my guild, and thus instantaneously connected?
<<<

To be opened or to be viewed on other computer?

I do not understand the motive behind your reply which is only a portion of my request repeated - what am i missing please?
thank you

Sorry, may be, I was not concrete in the details.
Do you allow others to open position or youi want to give them opportunity to see positions, opened by yourself?
These are totally different things.

It is my intention to provide evidence of my trades I enter. If they are satisfied with my systems performance, They will join the Traders Guild for a minimal monthly fee and must than get the trades my system opens for me. So it is like a social trading scenario, but I do not get any payment per trade.

I'll run a sort of club software to keep tabs on the members who are valid and they will get my trades. I only do position trading.

The work is not ready yet but I append the first trade done via the system - but manually.
The trade was on a demo account.

I hope this explains what I intend to do - There are many young traders who would welcome a profitable trading scenario.
I know this from among my pupils - they think they have it beat until the EA they have bought from the "Hawaiian Island" Trading gurus empties their account. (having warned them against the instant millionaire rubbish). My personal learning curve included many of those type of purchases and lead to may losses - but than they say experience is the best teacher - sometimes a little costly.

I think it is important for the persons who would belong to the Guild to have direct access to me - I will not hide and leave members to wonder.
The system will have very small losses compared to the profitable trades, in number and amount ( they say... talk is cheap - money buys the Whiskey) I have not as yet done any tests as to the required SL, but the trade on the chart herewith shows what I manually used. Only the entry point was by the system.
The EA is currently being coded I will have it on Wednesday next week - than the testing will start. I am not keen on the MT4 platform tester. I'll run it on a demo account for a month on 6 pairs, so that we can all see if it was worth packing all my experience (I think more than 25 years now) into 1 EA, and if our optimism about the profitability of the EA is warranted.
Current thinking among a few of my trusted ex pupils and myself is that 1 trade per pair every 2nd day should see us highly profitable. Looks like it - time will tell!

I'm going to need someone to assist me when it comes to setting up the back end of the Guild Membership. Hoping to find a good soul among the traders here... as they will know exactly what is required.

Thank you for your interest and assistance thus far.

Good luck and Happy trading.

looks interesting. curios and interested , better than scalping 5 pips here and there

Thanks for explanation.
You can look at zulutrade, they show current state of the trades to followers.
Of course, it is possible, ( I am speaking about opening your trades to your Guild.
But the question ( as from my opinion) what do you to demonstrate them.
Current state onle, history of the trade, any add-ons about reasons to open trade?

The simplest technique is to catch screencopy of the account, from your MT4 ) and upload this image to
website through a little time intarval. Like you did it manually/

Also it is possible to create elegant and various charts on the your website and supply them with data from your MT4 account.

Different ways..

thank you, however, Zulutrade is not an option... that in itself is a social trading platform - they take 99% of the cake.
And one gets a 1001 guys who use good signals in demo accounts which are not rewarded to the trade caller.

I need some form of direct entry onto the members chart. I think that the software you originally named is realy what I am looking for.
Thank you again.
Regards

@OldHand

Sent Private message.

Hi Oldhand

Check this out: http://www.fxblue.com/appstore/u21/i...-trade-mirror/

Its free stable and works exactly as stated, they also have an app to copy from one platform to another platform on the same computer.

Cheers

Thank you... I certainly will.

Hi,
I am a software developer that created exactly what you are after.. I wrote it about 5 years ago.. we used it to "Transmit" our trades, generated by a very special EA to our Subscribers.. The market changed, our EA stopped working (As they often do)

This platform allows subscribers to get automated trades on their MT4, exactly as they are on the master account. The only thing they can do it control risk. and turn it on or off. If they stopped paying us, we just turned off their trades.
This made is so our subscribers had NO idea how our strategy was formulated.. Works like a champ!

It's like followers or signal subscribers. But they have be sure on your EA!
The problem occurs, as I see it, if subscribers miss your trades and loss the expected profit.

You are right.. Otherwise, you could just give someone your EA.. There is an element of trust for sure..
As for TP and SL.. You would always trade with a TP SL.. Never blind ..

The only downside to this sort of system is that there is Latency inherent with this sort of thing, so you would not be able to do real fast scalps etc..
This is a polling system, as MT4 is NOT able to maintain a connection.. It operates stateless.

F.e. I dont want to share my EA. It is not only question of trust, but rather flexibility and simplicity of the maintenance. No forums, no users' questions , no supplying new versions.
All in my hands, user looking only in profit curve and take decision, to be or not to be in this business. Like zulutrade service.
Is it safe and appropriate model for user?

Yes, this is exactly what this is.. Zulu trade would work too.. but you have to join them.. FXBlue would do the job, but limited to 100 subscribers.

My point is.. Yes, what you want to do can be done with one of several products.

Hi traders,

Just asking whether anyone has been using this service provider and whether it's legit.

https://www.signalstart.com/search-signals