Commercial Copier Manual

Transcription

1 Commercial Copier Manual Risk Warning: SimpleTrader.net is a wholly owned subsidiary of Think Huge Limited. Think Huge Limited and all its associated entities take no responsibility for loss incurred as a result of using our services. We endeavour to maintain constant connection to your account, however if a disconnection does occur and you experience financial loss as a result of using our software you agree not to hold Think Huge Limited liable for these losses. Your account may disconnect at any time for reasons outside our control. Investing in the foreign exchange (Forex) market, alternative investments, and other leveraged asset classes carries a high level of risk, and may not be suitable for all types of investors. Before deciding to invest in any type of alternative investment, you should carefully consider your investment objectives, length of investment and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor, who is familiar with these types of trading if you have any doubts. Trading in these markets is speculative and may involve loss of principal; therefore funds placed under management should be risk capital funds that if lost will not significantly affect one's personal or financial well being. This is not a solicitation to invest and you should carefully consider your financial condition as to the suitability to your situation prior to making any investment or entering into any transaction. Effects of Leveraged Trading: Spot Forex Transactions carry a high degree of risk. The amount of initial margin is small relative to the value of the Spot FOREX Contract so that transactions are "leveraged" or "geared". As an example, a margin deposit of $2,000 can control a market value of approximately up to $100,000. A relatively small market movement will have a proportionately larger impact on the funds you have deposited or will have to deposit; this may work against you as well as for you. You may sustain a total loss of initial margin funds and any additional funds deposited with the firm to maintain your position. Given the possibility of losing a substantial investment, trading funds should only consist of risk capital or funds that an individual or an institution can afford to lose. We assume no responsibility for errors or inaccuracies in these materials. We do not warrant the accuracy or completeness of the information, text or other items contain within these materials. We shall not be liable for any damages, including any loss that may result from these materials. Any opinions, news, research, analyses, prices, or other information which may be contained on this document is provided as general market commentary, and does not constitute investment advice. We shall not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. All trades, patterns, charts, systems, etc., discussed in this document are for illustrative purposes only and not to be construed as specific advisory recommendations. No system or methodology has ever been developed that can guarantee profits or ensure freedom from losses. No representation or implication is being made that the investments referenced here will generate profits or ensure freedom from losses, and past performance is never indicative of future results. 1

2 Table of contents Introduction 3 Control Buttons 4 Step 1 Create a Signal 5 Publish Signal 7 Step 2 EA Installation 9 Sender EA 10 Step 3 Attaching the EA to your MT4 platform 12 Step 4 - Client Signup options 14 Add Price 15 PayPal 16 Click2Sell 18 Manually Add User 20 Add Personal Slave 22 Edit Slave 23 Risk/Money management 24 Advanced Settings 28 Disable Pairs 29 Currency Mapping 30 Attaching the Receiver EA 31 Step 5 Configure Commercial Account 34 Portal Settings 35 Settings 36 Support 37 Custom Settings 38 Signal Status 39 Questions 40 Billing 41 SMS Alerts 42 Support 45 2

3 Thank you for choosing the SimpleTrader.net Commercial Trade Copier! This manual will guide you through the process of configuring one or multiple signals that can be sold to new or existing clients. The payment process can be fully integrated into PayPal or Click2Sell, meaning the subscription process can be fully automated while payments go direct to your own account. It is free to setup an account and connect signals. We only charge when you have connected users on your signal(s). The cost is $15 per connection per month on an average basis. By average it means, for example, if you had 2 users connected for 15 days only in the same month. They would be counted as one whole connection i.e. $15. We also offer you the ability to create a white label control panel branded with your businesses details. Your clients will then only be exposed to your signals without the risk of being attracted to competitors. Signing Up Register a commercial copier account at: Once you have created your account, use your credentials to login to your copier control panel. Understanding Your SimpleTrader Control Panel The Control Panel has been designed to work on any internet enabled device allowing you to control your commercial account from anywhere with an internet connection! This manual is based on a PC 'normal' layout. If you are on a smart phone or tablet you will have to toggle the menus off and on, from top of the relevant screen. The content is the same on all devices but it will be reorganised depending on the width of the device. If you are on a smaller device please make sure to scroll down the complete page if you do not see the options referred to in this manual. 3

4 Dashboard Once you log into your Control Panel, you will be presented with the Dashboard. At this point notice the Live Help option on the right hand side. This link can be accessed from any page in the Control Panel and it will contain common questions relating to the page you are on as well as access to our 24hr live support centre. If you get stuck please use it! Navigation menu On the right hand side of the control panel you have the main navigation menu. This menu is used for configuring and administering your commercial copier account. Your account User ID Logout of Control Panel 4

5 Step 1 Create a Signal First you need to create a signal; this will be referred to as the master account. Click on My Signals > Add New Signal. Here you ll see 2 tabs: Add New Signal Publish your Signal Add New Signal Signal Name The name of your Signal. Account Number The Metatrader4 account number of the master account you will send the signals from. Take Profit Options Choose whether your followers have the option to copy your TP (Take Profit), force them to copy TP or stop them copying TP. Stop Loss Options - Choose whether your followers have the option to copy your SL (Stop Loss), force them to copy the SL or stop them copying the SL. Max Lot Allowed You can define a max lot size for your follower accounts. If a follower tries to open a trade above the size set, it will revert to the max lot set. We recommend you disable this feature by leaving it on default (zero) Max% Drawdown Allowed This allows you to set a predefined safety net for all your user accounts. This should only be used if you are personally managing all accounts connected to your master account. If you are offering a commercial signal and all your subscribers are exited from the positions due to this setting, however your master account maintains the open trades you will have some very unhappy customers! 5

6 Retrieve History Date By default, all the history of your MT4 account will be uploaded for your signal statistics. If you have a legitimate reason for adjusting this please contact support to have it adjusted. Address Alert Enter your preferred here for signal alerts relating to this signal. Master Account suffix - Some brokers use a suffix on their pairs for example 'EURUSDfx' were 'fx' is the suffix. You can find this information by opening your MT4 terminal and clicking, View > Market Watch (or CTRL-M). If your account has a suffix, enter the suffix only. Leave blank if no suffix. Only Allow Specific Pairs - If you would like to ignore trades from certain pairs from the master account, you can list your allowed pairs. List and separate the allowed pairs with a comma, for example - EURUSD,GBPUSD,AUSUSD Disable Open Trades from displaying in your Statistics Your signal overview page will include all stats for your signal including open trades, growth, balance and trade history. You have the option to hide the open trades from non-subscribed followers. Subscribed followers will always see the open trades regardless of this option. Show Signal in portal If you use the white label feature, this will allow your users to see your signal when logged into your portal. Send if Master Disconnects To receive an if the master account disconnects, tick this box. Send SMS if Master Disconnects To receive a SMS if the signal account disconnects, tick this box (SMS credit required - see Page 42) Signal Logo - If you intend to publish your signal, you have the option to upload a logo to accompany the signal listing. 6

7 Publish Signal You have the option to publish your signal on our existing network of signals at SimpleTrader.net & ConnectForex.com. This is a great way to increase exposure and build your subscriber base, with no extra work required by you. If you would like to publish your signal, complete the form. The data required will be displayed on our sites along with your signal performance and statistics, add as much information as possible to help stand out and allow potential followers to make an informed decision. Publish to SimpleTrader.net & ConnectForex.com? - To publish, tick the box. Join the VIP Club The VIP club for vendors is still in beta testing. More information will be provided once it s available across the network. Master Account Leverage Select the leverage of your master account. Minimum Leverage Recommenced Enter a recommended minimum leverage for potential new signal followers MT4 accounts. System Type Select the option that reflects how your signal generates trades. Minimum Investment for clients in USD Define a minimum balances required by new signal followers. Signal Introduction Enter a brief overview/description of your signal. Signal Description Enter a more detailed description of the signal. Remember potential new followers will read this information, so you need to cover all aspects of your signal, strategy, max risk etc. Once you have completed this form click Save Settings. You will now be presented with the Add Price form. Adding a price is optional, before you complete this step you need to ensure you have completed your payment gateway information. Please visit Page 16 for more information on setting up your payment gateway. We will skip this for now and go to My Signals > Edit Signal. 7

8 My Signals > Edit Signals We can see the created signal shows a last connection: Never. We now need to connect the signal MT4 account with the Sender EA to allow trades to be detected. Note the Key at this point, as it is required when you add the EA to your MT4 to connect. 8

9 Step 2 EA Installation To send and copy trades you need to run your MT4 terminals 24hrs per day with our Sender and Receiver EA attached. You have 3 options to achieve this: Install the EA on your local PC Run your MT4 using a VPS (virtual private server) (what is a VPS?) Install the EA on your local PC This is the simplest approach to running the trade copier. It requires you to leave your computer active and connected to the internet 24hrs per day during market hours. However if you experience a power outage or your internet service provider disconnects, your signal will be left in limbo without any way to communicate with our trade copier servers. This can pose a significant financial risk on your follower account if a disconnection occurs during times of high volatility. For this reason we recommend running your master account on a VPS. Run your MT4 using a VPS A VPS is essentially a remote PC housed inside a datacentre. The advantages of using a VPS is that you will maintain continuous connection and enable you access to the trading platform from any internet enabled device. It has the added advantage of being in close proximity to our trade copier servers which reduces communication times to a fraction of a millisecond (also known as latency). We recommend using ForexVPS.net for all signals connected to the SimpleTrader system. Advantages of using a ForexVPS.net VPS ForexVPS.net is a complete service. If you are unable to install our trade copier software yourself we can set everything up for you. The latency (time delay) between our trade copier server and a ForexVPS.net is virtually zero. This results in the fastest trade execution and lowest slippage possible. 100% uptime since inception. The staff at ForexVPS.net are able to access your VPS if needed and help with any installation required should you require help troubleshooting. ForexVPS.net is a wholly owned subsidiary of SimpleTrader.net 9

10 Sender EA The master account MT4 terminal must run 24hrs per day with the Sender EA attached to function as a signal. You should only attach the Sender EA to 1 chart (any pair e.g EURUSD) You need to download the Sender EA. The EA can be found in the Downloads link on the right hand side. Make sure to download the correct EA. You need the Sender EA for the master account. Save the Zip file to any easily accessible location on you PC. The Zip file contains ST-Sender-VX.XX.ex4 (where XX is the current version number) Once downloaded and extracted, you need to Copy the ex4 file into the MT4 Experts folder. Follow these steps to attach your sender EA: Open your MT4 Platform. Open File > Open Data Folder. Navigate to MQL4 > Experts. Paste the Sender EA into the Experts folder. Restart your MT4 Terminal. You will then see the Sender EA inside the Expert Advisors section of your navigator window. 10

11 Expert Settings You need to adjust the expert advisor options before attaching your Sender EA. Inside your MT4 terminal navigate to Tools > Options and then click on Experts tab. Copy the settings below. Check that the AutoTrading button is ON. Make sure it displays as below: 11

12 Step 3 Attaching the Sender EA to your MT4 platform Within MT4, open a new chart for any FX based pair, for example EURUSD. To do this go to Market Watch, right click on any pair and click Chart Window. Then go to the Navigator window, expand the folder called Expert Advisors. If the Navigator window is not open, click View > Navigator (or CTRL-N). You will see the Sender EA ST-Sender-VX.XX on the list. Right click on it and click Attach to chart. You will now be presented with a Expert Advisor Properties window. There are 4 tabs, click on Inputs. This is where you need to enter the Key from the Signal Overview. This can be found inside your Control Panel. Signal Administration > Edit Signal. 12

13 Debug and expertlogging should be left at default value and click OK. You should now have the Sender EA attached and functioning. If it is working correctly you will see a smiley face in the top right corner and Open Trades: X on the chart (make sure your chart background is black to see this properly) If you don t see Number of trades: X you are not connected to our server. Please check your MT4 is setup correctly by repeating the setup. Signal connection complete! You can check by returning to your Control Panel My Signals > Edit Signal and check the signals last connection. You will need to refresh the page to update the status. It should now show X seconds. 13

14 Step 4 - Client signup options Now that you have set up your master account, you need to decide how you will distribute this signal. You can select one or all of the following: 1. Integrated online payment - To fully integrate and utilise the automated features of the commercial copier you need to create one or more price profiles for your signal. You have 2 gateway options PayPal and Click2Sell. If you intend to use PayPal, you will first need to create a payment gateway in the Configure Commercial Account section before you can begin to setup a price profile. (details on following the page) 2. Manually add user The ability to manually grant users access to your signal. To use this option your user will need to have a Standard Copier Account with SimpleTrader. This option bypasses the automated benefits of option 1 while giving the users full control of the signal via their own control panel. This can be used for giving free access to clients or if you receive payments for your signal by other means. 3. Add personal slave The ability to copy signals to your own account or to a user accounts, if you have full permission and login access to the account. Regardless of which way you connect an account to your signal, the price and calculation method is the same. $15 per connection, per month on an average basis which is billed at the end of each month. 14

15 1. Add Price To add a PayPal price you need to setup a gateway. On the navigation menu, click Configure Commercial Account. You will be on the Paypal Accounts tab. Note The Configure Commercial Account section can be used to configure a full white label copier for your signal business. This is optional based on your requirements. Full details can be found on Page 34. For now we will only use the Paypal Accounts section only. Click the Add PayPal Account button. You will be presented with this form. Enter your business PayPal address. The API credentials are optional; however they do allow you to receive additional feedback from your clients when they cancel a subscription. Personal PayPal accounts do not integrate with our system. It is a fairly simple process to change your account from personal to business. Please contact PayPal directly to find out more. Click Add New Gateway. Once complete, your gateway will be listed below. You can Edit or Remove the gateway if required by using the options. Now that your gateway is configured, you need to add pricing information for your signal. On the right hand menu click Signal Administration > Edit Signals. Here will see the signal already created. 15

16 Adding a price to your signal My Signals > Edit Signals > Add/Edit Price We offer the ability to accept payment via PayPal or Click2Sell. Click Edit Pricing to enable either option. PayPal Before you set up your PayPal pricing it s important you set up your IPN (instant payment notifications) on your PayPal account correctly. To do this, follow these steps. 1. Login to PayPal 2. Click Profile 3. Click "My selling tools" 4. Find the tab "Instant payment notifications" and click update 5. Enable IPN and edit the settings 6. In the notification URL enter: 7. Make sure that "Received IPN Messages (enabled)" is ticked 8. Click save 16

17 Gateway Select PayPal. Select Gateway This is the gateway you set up earlier. If you have 2 or more PayPal gateways setup, you can choose which one to use from the Dropdown. For how many months? This is the amount of months between each payment period. For a monthly based subscription enter 1, for bi-monthly enter 2 and so on. Some clients like to offer a discount to clients willing to subscribe for an extended period of time. Price Enter the cost for the subscription e.g Trial Period You can define a trial period so your followers can test the system before paying the full subscription amount. The trial period is defined in weeks. For a 1 week trial enter 1 and so on. For no trial enter 0 (zero). Trial Price You can set a price for the trial period by entering the unit cost here. For a free Trail period enter 0 (zero). Currency Choose the currency to use to bill your clients. Dollars (USD), Pounds (GBP) or Euros (EUR). Public Price By default it is set Public. You can setup additional private pricing profiles, you may want to do use this if you wish to offer an exclusive deal to a potential client. Subscription Name (optional) This is a descriptive name for the price profile you are creating. By default it will always have the Signal Name preceding the name you define. If you leave this blank it will be the Signal Name. Once completed click Add. 17

18 Click2Sell Before completing a click2sell payment profile, you MUST READ the following wiki. Link - Gateway Select Click2sell. For How many months? This is the amount of months between each payment being due. For a monthly based subscription enter 1, for bi-monthly enter 2 and so on. Price Enter the unit cost for the subscription for example 100. Trial Period You can define a trial period. It must be in weeks only so you need to enter the amount of weeks. For a 1 week trial enter 1 and so on. For no trial enter 0 (zero). Trial Price You can set a price for the trial period by entering the unit cost here. For a free Trail period enter 0 (zero). Currency Choose the currency you want the signal to be charged in. Dollars (USD), Pounds (GBP) or Euros (EUR) by selecting from the dropdown. Public Price By default it is set Public. You can setup additional private price profiles using the private price option. Subscription Name This is a descriptive name for the price you are creating. By default it will always have the Signal Name preceding the name you define. If you leave this blank it will be the Signal Name. Product URL The Product URL can be found on the click2sell website under your account. Product ID The Product ID can be found on the click2sell website under your account. 18

19 Once you have completed your price profile, it will be listed above the form. Create a PayPal payment button for your website Our system allows the ability to sell signal subscriptions directly on a web page without requiring your clients to preregister on the copier control panel. Click Get Direct Payment Links and you will see code similar to this: <a href=" 923aafcb "> <img src=" > </a> Copy and paste the entire code into your webpage to create your payment button. Alternatively, you can use the highlighted code in isolation to create your own payment buttons. Clients that use the instant payment button will be registered onto the network automatically using their PayPal contact details. Once payment is complete, they are immediately ed login credentials along with instructions on how to connect their account to the trade copier. 19

20 2. Manually Add User To add a user manually you will need to ensure the user is already registered on our network as a Standard User. They can open an account through this link or through your portal login page (for more information on setting up your portal visit page 34) Once registered, you can search for them by the or name registered for the account. Click on Add User and you will see a field to enter the name or address for the client account. Once you have entered the client details their name and will appear below. Click on the relevant user link. When you click on the link you will have the following form. 20

21 Name, , Lot Multiplier and Max Slippage are pre populated and can be ignored. Payment Settings As this option is primarily used to allow non-gateway based access to your signal, you only need to define an expiry date. The expiry date will define when the users access to your signal expires. Click on the calendar icon and select the expiry date from the calendar. You can adjust the expiry date at any time. If you are applying a gateway based price to the user, select the gateway from the dropdown. You then have the option to enter a price, the recurring frequency and currency of the payment. 21

22 3. Add Personal Slave To add your own slave accounts click Add Follower Slave. Name and are pre populated with your account details and cannot be changed. Enter the MT4 account number of the slave in Account ID and click Next. 22

23 Edit Slave You will now be on the Edit Settings page. Note there are multiple tabs on the top. Account Settings Risk/Money Management Advanced Settings Disable Pairs Currency Mapping Connection Method This is Expert Advisor by default. If you have purchased managed hosting you need to select it form the drop down. Account Number Your MT4 account number. Broker This will be auto-detected and updated with your broker when the EA first contacts our servers. Alert By if Signal Disconnects When ticked, this will generate an alerting you to any disconnection of your trade copier. SMS Alerts If ticked, an SMS will be sent depending on your notification settings. You can elect to receive an SMS if your MT4 account disconnects, if the master account opens or closes a trade and if a designated price level is reached on a nominated currency pair. More information on setting up SMS alerts can be found at the end of the manual. Disable Signal If you need to stop the trade copier click the check box. Any open trades will be left unmanaged once disconnected. To enable again just remove the tick from the box. 23

24 Risk/Money Management Tab Risk or Money management is an important section to configure but even more important to understand as it is used to calculate the Trade Size for your slave account. You need to be sure you have it set correctly before you commence copying your master. The 2 controlling settings are Money Management You have 4 options, Risk Multiplier (by balance or equity), Lot Multiplier or Fixed Lot. Risk Multiplier by equity is set by default but can be changed from the dropdown. Multiplier This is a value used to increase or decreases the Money Management Method by a multiple. It is 1 by default but can be any number. Decimal numbers are also valid for example, 0.5 for half risk. Note: Our copier treats lot sizes as unit amounts. It DOES NOT detect the value of the lot. This is important to understand as some brokers use account types that have different values attached to the 'normal' lot value. Examples of this would be mini or spread betting accounts. You need to consider this in your calculation. If the master or slave account is not a 'normal' account, be sure to compensate for the difference in the settings. 24

25 1. Risk Multiplier by account equity Risk multiplier considers the equity of the master account, the slave account and works out trade sizes based on a percentage risk. The maths used for the calculation of Risk Multiplier by account equity is: (Slave Multiplier * Master Lot Size) / (Master Equity / Slave Equity) = Slave Lot Size Examples Scenario 1 Slave equity 2,500 Master equity 10,000 Multiplier 1 Master Lot Size 2 Lots (1 * 2) / (10000 / 2500) = 0.5 Slave Lot size Scenario 2 Slave equity 20,000 Master equity 500 Multiplier 3 Master Lot Size 0.01 Lots (3 * 0.01) / (500 / 20000) = 1.20 Slave Lot Size Scenario 3 Slave equity 1,000 Master equity 20,000 Multiplier 0.4 Master Lot Size 1 Lots (3 * 0.01) / (500 / 20000) = 1.20 Slave Lot Size 2. Risk Multiplier by account balance Risk multiplier by account balance is the same calculation except the balance is used instead of equity. The maths used for the calculation of Risk Multiplier by account balance is: (Slave Multiplier * Master Lot Size) / (Master Balance / Slave Balance) = Slave Lot Size 25

26 3. Lot Multiplier Lot multiplier is a simpler method which ignores the balance/equity of both the master and slave account and just considers the master lot size. The multiplier is used to increase or decrease the resulting trade compared to the master lot size. The maths used for the calculation of Lot Multiplier is: Examples Scenario 1 Slave balance 2,500 Master balance 10,000 Multiplier 1 Master Lot Size 2 Lots 1 x 2 = 2.00 Slave Lot Size Scenario 2 Slave balance 20,000 Master balance 500 Multiplier 3 Master Lot Size 0.01 Lots 3 x 0.01 = 0.03 Slave Lot Size 4. Fixed Lot Multiplier x Master Lot size = Slave Lot Size Fixed Lot is the simplest method to define the lot size. If you want the slave to trade the same lot size each time, use Fixed Lot. When you select Fixed Lot from the dropdown the multiplier option will change to Enter your Fixed Lot. Enter the lot size you want for all trades. 26

27 Max Lot and Max % Drawdown These are optional protective measures. You can chose to not use one or both by entering zero as a value. Max Lot Is a protective ceiling for your slave accounts lot size. The slave account will always calculate its trade size based on the Money Management defined. If the master account was to take an abnormally large trade size the slave would always try to take the equivalent trade based on the Money Management settings described before. To avoid this you can set a Max Lot value. For example, if you set Max Lot to 1.00 and the slave account was sent a trade size of 2 Lots based on the Money Management settings. The slave would open a trade size of 1.00 Lot as this is the largest allowable trade size. Max % Drawdown Allowed Is a protective safety net to avoid your account going into an excessive Drawdown due to the master account. The Drawdown value is a percentage of the current equity in comparison to the overall balance. For example, if you had Max Drawdown set to 10 Your current balance is $10,000 You have 2 open trades EURUSD which is currently -$600 GBPUSD which is currently -$400 The equity of your account will show $9,000 This is a drawdown of 10% as the equity is 90% of the balance (9,000 10,000 x 100) = 90% Our software will recognise that it has passed its Max Allowed Drawdown and it will close the 2 trades automatically on the slave account. The trade may still be open on the master account but the slave will ignore it as a valid trade. 27

28 Advanced Settings Max Slippage Slippage is set to 3 by default. Slippage is the difference between the price on the master account and the current price on the slave account. An example if set to default (3) - If the master account s trade opens and the slave account s price is beyond 3 pips from the master accounts entry price, the slave account will not execute the trade. It will wait until the slave accounts price has returned to within 3 pips of original entry price on the master account. Your account will wait indefinitely for this to happen until the master accounts trade closes. Copy Take Profit If yes is selected, the slave account will copy the Take Profit (TP) of the master account. If not, the trade will not have a fixed TP set on the account. When a trade is closed on the master account, the trade will always close (if the copier is connected) regardless of the option selected, therefore copying the TP is optional. Copy Stop Loss - If yes is selected, the slave account will copy the Stop Loss (SL) of the master account. If not, the trade will not have a fixed SL set on the account. When a trade is closed on the master account account, the trade will always close (if the copier is connected) regardless of the option selected, therefore copying the SL is optional. Trade Comment This is optional. You can enter a descriptive name here to identify the origin of the trades that were copied to the slave account. This will enter the text onto the Trade Comment field in the MT4 account. You can see this in the MT4 terminal in the Trade and Account History section (You may need to turn on the Comment field by right clicking and selecting Comment ). Single Trade This will limit your account from taking more than one trade per currency pair at a time. It is a workaround to make your account FIFO compliant for US clients. Disable Fast Stats Fast Stats are enabled by default. For information on Fast Stats and why you may want them disabled, click on the Read More link beside Fast Stats. My Notes This is optional. You can use this section to make any notes about your slave or configuration as a personal reminder. 28

29 Disable Pairs Tab From this tab you have the ability to disable one or multiple pairs for the slave. By disabling a pair, if master account opens a trade for the disabled pair the slave will ignore it. To disable Check the pair(s) you wish to disable. In the example we have selected AUDCAD and AUDNZD. 29

30 Currency Mapping Tab From this tab you can map pairs that differ between brokers. Not all brokers use the same naming for their pairs, especially for Commodities and Indexes. A common example of this would be Gold. Some brokers quote Gold as 'XUAUSD' while other brokers simply quote it as 'GOLD'. If you are using different brokers for your master and slave accounts, then you need to pay attention to this section as some trades won't copy unless you define the relationship. In the example above we have defined a mapping of GOLD to XAUUSD. To do this you simply enter the master accounts pair name in Map box and then the slave accounts pair name in the To box and click Update. Navigate back to the Disable Pairs tab and you will see the new mapping listed. You need to repeat the process for every case of a naming mismatch. If you make a mistake or need to remove a mapping, simply click on Delete beside the mapping. Suffix differences are calculated automatically by the EA. You don't need to map pairs if your account uses a different suffix to your master account. An example of a suffix is EURUSDfx were 'fx' is the suffix. 30

31 Attaching the Receiver EA to a chart You have now configured your Slave to copy the signal trades but it will not function until you add the Receiver EA to a chart in your MT4 terminal. Requirements - If you are using EA version 3 or greater, you need to have.net installed on your PC or VPS. To install, go to this link and follow the instructions under Install Instructions. Next, download the Receiver EA from the Control Panel. The Receiver EA can be found in the Downloads tab on the right hand side of your control panel. Download the SimpleTrader Receiver. Save the Zip file to any easily accessible location on you PC. The Zip file contains 2 folders Experts and Libraries, which contain the following files: Experts - Simpletrader-VX.XX.ex4 (where XX is the current version) Libraries - Simpletrader MT4.dll Once downloaded and extracted, you need to Copy the ex4 and dll file into their respective folders in your MT4 installation. Follow these steps to install the receiver EA: Open your MT4 Platform. Open File > Open Data Folder. Navigate to MQL4 > Experts folder. Paste the Simpletrader-VX.XX.ex4 into the Experts folder. Navigate to MQL4 > Libraries folder. Paste the Simpletrader MT4.dll into the Libraries folder. Restart your MT4 Terminal. You then see the Receiver EA inside Expert Advisors section of your navigator window. As with the Sender EA, you need to open a new chart in MT4 for any pair, for example EURUSD. Right click on SimpleTrader-VX.XX and Attach to chart. 31

32 For the Receiver EA you need to enter a UID in the Inputs. The UID can be found on the Control Panel at the top right corner below your name. Double click the field beside UID and enter the number. You also have the option to enter up to 5 Magic Numbers for our system to ignore. This option is only needed if you run other EAs on the same account as our copier. Why would I need to use this option? Every trade generated on our system is given a unique number (known as a magic number) which is applied to the trade. The first trade on the system was 1800 and now in the millions. This is by design and greatly improves the efficiency of our copier. It also removes the potential for orphaned trades. Our system now only considers magic numbers greater than (one million). If your other EAs have a magic number above , our copier could potential close the trade as a closed signal. It is recommended if you are running other EAs to change the Magic number to a number below (one million). 32

33 For most commercial EAs this is easily changed in the EA Inputs tab. Alternatively, use your EAs on a different account. For some EAs this is not possible and for that reason you may use the Ignore Magic Number option. By entering a Magic numbers in the Inputs the system will ignore them and therefore not affect the performance of your other EAs. Once you have completed the Inputs. Click OK. If all is setup correct your chart should look like below. Remember to make sure your chart has black background to see the text. Slave Setup Complete You can confirm the slave is now connected by going to the control panel My Slaves > Show All to see the Last Heartbeat. You will need to refresh the page to update the status. From here you can see that the Slave is connected OK as the Last Heartbeat is showing Xs (seconds), were X should be 30 or lower to indicate a good connection. 33

34 Step 6 Configure Commercial Account This option allows you to set up your own white label control panel exclusively for your clients. Some of the advantages of using a portal include: - Offering your clients a branded version of the SimpleTrader control panel with your logo - Your clients are only exposed to your signals - You have the ability to create a customised domain name An example domain - controlpanel.yourdomain.com To get started locate the Configure Commercial Account on the right hand menu, there you will notice 6 tabs: Paypal Accounts (covered on page 15 Add Price Section) Portal Settings Settings Support Navigation Custom Settings 34

35 Portal Settings Your Company Name Enter your company name here. Logo Add your website logo here which will be used for branding on the portal. Click Choose File and navigate to your logo file on your PC and click Open. Your Homepage URL Your unique portal will have a link for Homepage, define your website homepage here, for example My Portal URL You need to choose a domain that your users will visit to login to the branded control panel. An example domain would be controlpanel.yourdomain.com Add CNAME record If you configure the My Portal URL option, then you will need to create a CNAME record with your Domain Host. If you don't complete this, your users will not arrive at your portal login page. The process can vary depending on your domain host. Most will ask for the 2 main components Alias This is the domain you have defined e.g. controlpanel.yourdomain.com Points to Hostname This is our website simpletrader.net Advice As this process varies depending on where your domain is hosted, we recommend doing a web search for 'Domain Host add CNAME record' where Domain Host is the name of the company your Domain is registered. E.G Go Daddy add CNAME record (Go Daddy being the registrar of your domain) 35

36 Settings If you would like s that originate from your portal to be under your domain e.g. you need to configure this section with your server details. If you leave this section blank all s will be sent by default. If you want to use this feature you will need to know your outgoing mail server details. Host Enter the outgoing mail server for your provider e.g. smtp.yourdomain.com SSL If your mail server requires authentication select SSL or TLS depending on your host setup. SMTP Port This is the port number for the outgoing mail server. SMTP Password The password for the outgoing mail server. Send From Address This is the address that will show in the From line from any mail that comes from our platform. Send From Name This is the Name that will show in any that comes from our platform. 36

37 Support If your website has its own support/helpdesk you can opt to provide support for your signal directly by entering the link. Support Link Enter the url for your support/helpdesk link e.g. Alternatively you can enter a 'Mailto' link so that anyone who clicks for support will be prompted to send an to your website e.g. Mailto:admin@yourdomain.com Remove Live Chat You can also choose to disable live chat. We offer your clients full support included within the connection fee, however you can elect to disable it and rely on your own support team. Navigation If you would like to add links directing clients inside your portal to external web pages, you have this ability by adding navigation links. The links will be on the left hand menu above or below the standard links. Complete the form to add links: Link title The title of the link that will appear when a user hovers the mouse icon over it. Link The full URL for the website link e.g. Link location You can set the link be added at the top or bottom of the left hand menu. 37

38 Custom settings Remove VIP Club If you do not want the VIP club to show for your clients when logged in, tick the box. Remove Dashboard Messages If you want to stop messages from simpletrader admin displaying, tick the box. These are predominantly administrative, so we recommend you leave this in place. Remove Getting Started Videos If you want the Getting started videos to be removed (they are branded with SimpleTrader), tick the box. Commercial Account Setup complete! You can test your portal by visiting the link and registering a new address. You will then receive an confirming registration as a standard user. Login as a user and check the various settings you have configured. If any changes are required you can log back in to your commercial account and edit the setup. 38

39 Signal Status You can get an overview of your signal(s) status from Signal Administration > Signal Status. You can check the connection over the last 24hours as a chart. You can check the amount of users you have on each signal and how many are currently active below. You also have the option to check the user connection by graph by clicking on Connection History. This can be used to gauge how many connections you will be invoiced for. 39

40 Questions If users have questions regarding your signal they have the option to Ask a question on the signal page. Any questions submitted can be found at Signal Administration > Questions. To view unanswered questions click on View. You will be able to post a reply to the user and mark it as read. You also have the option to delete the question if required but we do not recommend this as it can create suspicion of the integrity of your service. 40

41 Billing My Invoices Any invoices relating to your account can be found in Billing > My Invoices. You will have a list of all invoices, paid and unpaid. You can click on View Invoice to view the invoice and make a payment if required. 41

42 SMS Alerts If you would like to receive SMS alerts about your account, you need to first setup your number on our system and purchase some credit. SMS Alert can be configured by clicking on SMS Alert along the Left Hand Side. You will initially be presented with a screen to setup your number. Enter your mobile/cell number in the form and click Add Number. You will then be sent a SMS to your mobile/cell with a verification PIN number. When you receive your PIN enter it in the form and Enter. If you have any problems setting this up please contact support. 42

43 Once you have your number verified you will have options for what alerts you want to receive. Notification choices New Trade Open on Signal account Trade Closes on Signal account Notify when your account Disconnects from the broker Simply choose Yes or No from the dropdown and click Update Settings. SMS Credit You will notice in the image that the SMS balance is zero. You need to purchase credit to receive SMS Alerts. To do this you need to click on Top Up. You will be taken to a page were you can select the amount of credit you need and purchase by clicking on the PayPal Button. There are more options for larger amounts of credit at a discount but below is the base price. 43

44 Support If you have any problems using the trade copier you can contact us at any time. When you click on the Live Help button you will have Questions & Answers relating to the page you are on, which should help you resolve most common issues. If you can't find the answer you can contact us in 2 ways: Ticket support To send us a question by you can click on Support link which will take you to our ticketed support site. Live Support To speak to one our support staff you can click on the Live Support link. We have 24/5 cover through all major market hours. Thank you for using the SimpleTrader Commercial Trade Copier! 44