T4B upgrades MT5 Groups copy trading plugin
MetaTrader tech solutions provider Tools for Brokers (T4B) has announced the update of its Groups exact copier MetaTrader 5 (MT5) plugin, which is used for copying trades from multiple source accounts to target accounts.
Among the most important updates is a newly introduced user interface. Convenient and simple, it is designed to improve user experience and make the product more accessible to non-technical users.
Another long-awaited feature that was added is a general parameter that enables clients to copy Expert ID — the magic number field. It allows traders to select the orders opened on the target account by a specific Expert Advisor and only close them, leaving the rest orders open. Thus, giving traders more flexibility and helping boost overall trades’ profitability.
The main functionality of the Groups exact copier MetaTrader 5 plugin is trades copying. The copying rules were enhanced by adding four parameters, making it easier for brokers to regulate the trading process.
Now brokers are able to set the minimum allowed volume in lots, maximum allowed slippage in points, maximum allowed delay in seconds, minimum allowed equity for target accounts. Copying of trades outside of the set parameters will be disabled.