Symbols Settings

The Symbols Settings is used if you need to apply some particular settings on specific symbols (risk factor, max order size, copier status) or you need to manage a specific mapping of symbols between your masters and slaves accounts.

Setup

You can apply the symbols settings filter for all masters or only for one function of your strategy.

For this, just go in “Slaves -> Accounts” and click on the “Symbols Settings” button for the slave of your choice.

mapping symbols settings

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Mappings

By default, our Trade Copier is able to automatically define the suffix by itself. For instance EURUSD to EURUSDm or USDCHF to USDCHFpro,...

​However, for complex symbols like XAUUSD to Gold or XTI to Oil, etc. you will need to use the "Symbols Settings" functionality. It will allow you to define which Master symbol corresponds to which Slave symbol.

The mapping symbol function has to be defined master by master as each master could have specific symbols names.

Please note, that the mapping option is not available in free version.

symbols settings mapping

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Risk Factor type

If you want to copy some symbols with a specific risk factor, you can use our “Symbols Settings” tool and define which risk you would like to take for each symbols separately. It will override any risk factor already defined and if you are trading others symbols not specified in this list the default risk factor will be applied.

risk factor

 

Click here to learn more about risk factors management : Risk Factors

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Max Order Size

The "Max Order Size" in the "Symbols settings" is the maximum number of lots that can be copied for a single order (not for accumulated positions). This caps the order size.

 max size

​If you set a Max Order Size to 10, the maximum lots copied is 10 if there is enough margin, but, of course, if the computed number of lots to copy is smaller than 10, it will copy only this order size computed.

​If you don't set any Max Order Size (default), the system copies the number of lots computed using the Risk Factor, no matter the order size as long as there is enough margin.

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Copier Status

The copier status will define if the copy trading is currently active or not, you can choose to copy all trades, or copy only trades that open (Open Only) or close a position (Close Only), or to deactivate the copy (Frozen).

copier status

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