Posts

Showing posts from November, 2024

METATRADER TO QUANTOWER TRADER COPIER

Image
  This is the user guide for 'MT4/MT5 to Quantower' trader copier. Quick Notes: 1. This copier suite consists of three components: - MT4/MT5 signal ea - Relay bridge app - Quantower copier bot Kindly be aware this Quantower copier bot uses Quantower API to design.  The working hierarchy is: Quantower copier bot -> Quantower API -> Third party data-feed vendor plugins.  This bot has no visibility how Quantower API interacts with those data-feed vendor plugins.  However it will seamlessly output the order entry or exit execution results at log window from Quantower API. 2. Quantower can accommodate forex hedging and netting modes as well as futures netting mode.  This copier will auto detect which account type is and thus use the applicable order copy process. 3. If you're copying to futures account (i.e. netting mode), that means long and short trades *cannot* coexist.  However, most MT4/MT5 accounts are hedging account, i.e. long and short trade...

TRADOVATE TO METATRADER TRADER COPIER

Image
  This is the user guide for 'Tradovate to MT4/MT5' Trade Copier. Reminders: 1. This copier can work on futures prop firm demo/practice accounts and also support concurrent copy from multiple accounts of different prop firms to multiple MT4/MT5. Please note this copier suite does  *not*  use Tradovate API.  It sends out trading requests to Tradovate server directly from your own machine. 2. Tradovate is a futures platform, i.e. netting trading mode.  However most MT4/MT5 accounts are hedging mode.  This copier will follow futures netting mode to process the copied orders to MT4/MT5. If Tradovate ESZ4 position changed from +2 -> -2, this copier will first close 2 lot long orders at MT4/MT5 and then place a new 2 lot short order.  as such the net lot at MT4/MT5 remains at -2.  You could set 'lot multiplier' variable at copier ea to convert 2 futures lot to smaller lot at MT4/MT5. 3. This copier only supports Tradovate position copy.  That ...

TRADINGVIEW ALERTS TO TRADOVATE TRADE COPIER

Image
  This is the user guide for 'TradingView alerts to Tradovate' Trade Copier. Reminders: 1. This copier is to fetch TradingView 'alerts' generated by TradingView indicator or strategy and then convert that alert signal to trade actions on Tradovate accounts.   If you want to copy TradingView Tradovate account *trades* to other Tradovate accounts, please use 'Tradovate Group Copier':  https://boolapi.blogspot.com/2024/12/tradovate-group-copier.html Please note this copier suite does  *not*  use Tradovate API.  It sends out trading requests to Tradovate server directly from your own machine. 2.   This copier uses local Chrome browser to fetch TradingView alert signal and then copies trades to Tradovate. No webtrader is required. This adhoc approach requires Windows 10 or 11 or Windows Server 2016 or above environment.  3. This copier  can work on futures prop firm demo/practice accounts and also support concurrent copy to multiple acco...

METATRADER TO TRADOVATE TRADER COPIER

Image
  This is the user guide for 'MT4/MT5 to Tradovate' Trade Copier Reminders: 1. This copier  can work on futures prop firm demo/practice accounts and also support concurrent copy to multiple Tradovate accounts of different futures prop firms. Please note this copier suite does  *not*  use Tradovate API.  It sends out trading requests to Tradovate server directly from your own machine. 2. Tradovate is a futures platform, i.e. netting trading mo de.   At this mode, long and short trades *cannot* coexist for the same trading instrument.  However, most MT4/MT5 accounts are hedging mode, i.e. long and short trades *can* coexist.   Please ensure your MT4/MT5 order flow follows netting mode requirements when using this copier. 3. Like all other web based trading platforms, Tradovate has rate limit or network throttling restriction although the limit frequency is not explicitly mentioned at their public document.  If too frequent trading re...