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.
Note: The Max Symbol Position Size per Master includes all orders created by the Trade Copier. If 'Max Symbol Position Size per Master' and 'Max Account Position Size per Master' are combined, the most restrictive value will be applied.