This is a great tool that allows you to send/receive signals from one platform to another. Synchronisator does not come out of the box. It is more a template, highly customizable based on your needs.
You could use this tool as following. The following are usage examples:
1) Send JForex signals to MT4/IB/LMAX or you can use it the other way around: e.g. MT4 senders and JForex receivers, etc.
2) start several accounts as signal senders and let all these signals get executed on a single receiver account. This way you could create your own strategy basket.
3) execute the same amount on sender and receiver
4) alternatively you can use a risk adjustment on the JForex receiver side by a multiplier. If you would like to trade 1/2 the risk undertaken by the original sender, you just put in 0.5 and your (e.g. MT4) SyncReceiver account opens half the risk of the sender.
5) it is possible to add security functions on the receiver side. Example given: You created a rule, such as "if too much risk (10 %) is already opened, no new position must be entered". You can enter values as variables at start up. This is a great protection and avoids crazy black box systems harming your account.
6) many more functions are feasible, e.g. transfer an MT4 limit order to a real place bid/offer order at LMAX or Dukascopy. MT4 does not allow real limit orders in the book.
Find more here about my concept of basket trading on Dukascopy TV
This is a great tool that allows you to send/receive signals from one platform to another. Synchronisator does not come out of the box. It is more a template, highly customizable based on your needs.
You could use this tool as following. The following are usage examples:
1) Send JForex signals to MT4/IB/LMAX or you can use it the other way around: e.g. MT4 senders and JForex receivers, etc.
2) start several accounts as signal senders and let all these signals get executed on a single receiver account. This way you could create your own strategy basket.
3) execute the same amount on sender and receiver
4) alternatively you can use a risk adjustment on the JForex receiver side by a multiplier. If you would like to trade 1/2 the risk undertaken by the original sender, you just put in 0.5 and your (e.g. MT4) SyncReceiver account opens half the risk of the sender.
5) it is possible to add security functions on the receiver side. Example given: You created a rule, such as "if too much risk (10 %) is already opened, no new position must be entered". You can enter values as variables at start up. This is a great protection and avoids crazy black box systems harming your account.
6) many more functions are feasible, e.g. transfer an MT4 limit order to a real place bid/offer order at LMAX or Dukascopy. MT4 does not allow real limit orders in the book.
Find more here about my concept of basket trading on Dukascopy TV
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