Account Copier Filters

Account Copier Filters Description

Some times you need to open position on sub-account later, or another  price different  than on master account.  For this purpose you can use filters if you account copier. This option is only available for professional account copiers.You can open position on slave from specified  drawdown or specified profit.

Account Copier Filter: Copy  Position from Drawdown

This option very often are used by brokerage companies. A lot of brokerage companies copy  trades, if strategy is successful, to other brokerage company. To get a  profit the dealer copy  the strategy only  after a strategy is in drawdown.

example 1

Master Buy EURUSD  price: 1.3456

Filter : 50 pips from drowdown

Sub-account Buy price: 1.3406

example 2

Master Sell EURUSD  price: 1.3456

Filter : 50 pips from drowdown

Sub-account Sell price: 1.3506

Account Copier Filter: Copy  Position from Profit

This option very often are used by traders. You can reduce the risk using this filter. But you must understand that often reduce the risk leads to profit reducing.

example 1

Master Buy EURUSD  price: 1.3456

Filter : 50 pips from profit

Sub-account Buy price: 1.3506

example 2

Master Sell EURUSD  price: 1.3456

Filter : 50 pips from profit

Sub-account Sell price: 1.3406

Other Account Copier Filters

Account Copier Time Filter

TimeFilter prevents copy of orders with OrderOpenTime older than TimeFilter value

TimeFilter.On = true;
TimeFilter = “2010.01.01 0:00”;

Account Copier Price Difference Filter

For market Buy order price_diff calculated as slave ask price – master order_open_price.
For market Sell order price_diff calculated as master order_open_price – slave bid price.

For pending orders this filter is ignored.

Example 1:
[-1000, 1000]
Copy new order if price difference (or price_diff) is anywhere between -1000 and 1000 pips.

Example 2:
[-10, -20]
Copy new order if price_diff is negative and between -10 and -20 pips.
So we copy order only if the market goes in StopLoss direction and we are on some distance from open price.

Example 3:
[50, 30][-30, -50]
Copy new order if price_diff is positive between 50 and 30 pips or negative between -30 and -50 pips.
We copy order only if the market goes in TakeProfit direction or in StopLoss direction and
we are on some distance from open price.

Please keep in mind that if Master and Sub-account are different brokers then there is some slippage  value between Master Bid and Slave Bid prices so on open of new order on master terminal  price_diff is not equal to 0.