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TradeLocker To TradeLocker

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How to Run The Software
  • Extract the downloaded zip file on to your computer
  • Inside the extracted folder, run the DTTradelockerToTradelocker.exe
How to Update the Software
  • Go to My Account > Download Center
  • Download the Software (the files are always the latest version)
  • Extract the downloaded zip file and double-click the .exe file
Activating The License

To use the license you will need to do the following.

  • In the Software License tab, enter your email and password used to sign up to danetrades.com and click the ‘Verify’ button
  • Your license is attached to your login and should allow the app to start
  • Or you can select Demo and use the trial version
Getting Started - Login

Please note you have to login to your Master Account first before you login to your Slave Account

  1. Log into your TradeLocker Master account
  • Email
  • Password
  • Server
  • Select Demo or Live
  1. Log into your TradeLocker Slave account
  • Email
  • Password
  • Server
  • Select Demo or Live
  1. Select the Master account you want to copy from (only one)
  2. Select the Slave accounts you want to copy to (unlimited number)
  3. Click on the ‘Start Copying’ button

How To Copy Multiple Accounts - Same Login
  • To copy to more than one account under the same login, just select the accounts you want from the checkboxes
How To Copy Multiple Accounts - Seperate Logins
  • To copy from more than one account, you can use multiple instances of software by double clicking it
  • To copy to more than one account under different logins, you can use multiple instances of software by double clicking it
General Tab

 
  1. Fixed Lots – If you want every trade to be copied using a fixed lot then check this option
  2. Lot multiplier – If a Lot multiplier is set to 1, this means the lot size will be copied exactly how it is in the MT5 Account. If this is set to 0.5 then lot size will be half of the MT5 Account. If it is set to 2 then lot size will be double the MT5 Account. If you have a 10k MT5 account and you are copying to a 1k TradeLocker account, this is 10x smaller. So lot multiplier should be set to 0.1 to keep the same risk.
  3. Risk Factor – This is set by default. Relative risk from Master to Slave. Assuming a Risk Factor of 1 and you use 1% risk on a Master of 100k, it will be adjusted to be 1% risk on a 50k Slave (or any amount). Using a Risk Factor of 2, the risk would be double on the Slave account. Using a Risk factor of 0.5 and the risk will be halved on the Slave.
    Examples:
    Risk Factor = 1 [Risk 1% on Master and Risk 1% on slave], [Risk 0.25% on Master and Risk 0.25% on slave]
    Risk Factor = 3 [Risk 1% on Master and Risk 3% on slave], [Risk 0.25% on Master and Risk 0.75% on slave]
  4. Signal Delay – Add a delay to your signals in Milliseconds (ms)
  5. Round up Lots to broker minimum – If the lotsize calculated for the TradeLocker is less than the allowed minimum lot then this will round up the lot so it can be sent. For example, a lotsize is calculated for US30 as 0.02 and the Min Lot is 0.1. The lot size for US30 will be rounded up to 0.1 so it can be sent. Please keep in mind your trades will have more risk than initially intended if this gets used.
  6. Enable Relative pricing – Adjusts the price automatically for the differences between the price feeds
Symbol Tab

 

  1. Symbol list that exists in the Master Tradelocker account
  2. Symbol list that exists in the Slave Tradelocker account. To make a change click the drop down menu and select the symbol for the mapping
Filters Tab

  1. Include Symbol – If this is enabled, only Trades matching these Symbols will be copied. Everything else will be ignored. To add more than one, use a comma to separate them e.g. GBPUSD,EURUSD,US30
  2. Exclude Symbol – If this is enabled, Trades matching these Symbols in the list will be ignored . Everything else will be copied. To add more than one, use a comma to separate them e.g. GBPUSD,EURUSD,US30
  3. Maximum Lots To Copy – Any trade taken on the master that has a lot size bigger than the value in this filter will be ignored
  4. Minimum Lots To Copy – Any trade taken on the master that has a lot size less than the value in this filter will be ignored
  5. Maximum Trades To Copy – Stops Trading after a maximum amount of trades set are taken
  6. Maximum Trades Per Symbol To Copy – Stops Trading after a maximum amount of trades set are taken for any symbol
  7. Copy Buys – Enable to copy buy trades
  8. Copy Sells – Enable to copy sell trades
  9. Copy Market Orders – Enable to copy market orders
  10. Copy Pending Orders – Enable to copy pending orders
  11. Copy SL – Enable to copy the SL of all trades. If unchecked, all SL will be 0
  12. Copy TP – Enable to copy the TP of all trades. If unchecked all TP will be 0
  13. Ignore Trades With No SL – If Enabled, then any trade that does not have a SL (Set to 0) will NOT be copied
  14. Ignore Trades With No TP – If Enabled, then any trade that does not have a TP (Set to 0) will NOT be copied
  15. Copy Reverse – Reverses the trades. Buys To Sells, Sells To Buys. Buy Limit To Sell Stop, Buy Stop To Sell Limit, Sell Limit To Buy Stop, Sell Stop To Buy Limit. Warning: If you reverse copy trades and then turn it off or vice versa, the trades being copied will no longer be managed!
Time Tab

  1. Trade On Monday – If enabled, trades will be copied on Monday
  2. Trade On Tuesday – If enabled, trades will be copied on Tuesday
  3. Trade On Wednesday – If enabled, trades will be copied on Wednesday
  4. Trade On Thursday – If enabled, trades will be copied on Thursday
  5. Trade On Friday – If enabled, trades will be copied on Friday
  6. Trade On Saturday – If enabled, trades will be copied on Saturday
  7. Trade On Sunday – If enabled, trades will be copied on Sunday
  8. Use Time Filter – Select to use time filter via hours and minutes
  9. Trading Start Time – The start hour for the copy window. Requires Use Time Filter
  10. Trading End Time – The end hour for the copy window. Requires Use Time Filter
Log Tab

This tab contains the log for all trading activity on the account. If you are experiencing issues connecting or copying signals, this will contain the error messages.

For the full log, select ‘Open Log Folder’ in the status bar at the bottom of the app

 

Status Bar

The status bar is made up of 5 sections

 

  1. The license status – This will display demo or activated if a license is purchased and used
  2. Connection Status of the copier – This will show if you are connected or not
  3. Open Log Folder – A link to go directly to the file directory where the log folder is stored
  4. More Products from DaneTrades – Opens a web link that goes to the product page on danetrades.com
  5. Help – Opens a webpage in the browser of the User Guide section on danetrades.com

Just before you go...

*MetaTrader Demo Account only. Slave account can be live or demo

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