Utilitie Mirror EA DEMO

Buy Mirror EA DEMO trading application in the store of automated robot systems

NOTE: This is a DEMO ver­sion of Mir­ror EA that you can buy. This ver­sion works on reg­u­lar charts (not only in Strat­e­gy Tester), but you can trade only with min­i­mum per­mit­ted amount of lot.

For work, Mir­ror EA requires the “Mir­ror con­troller” that you can down­load for free.

Mir­ror soft­ware for the new ver­sion of Meta­Trad­er 4 is a fast and high-qual­i­ty trade copi­er for unlim­it­ed accounts and is a very use­ful tool for account managers.

This appli­ca­tion con­sists of two parts: Mir­ror con­troller (it is a free indi­ca­tor, search Mir­ror con­troller in the Mar­ket) and Mir­ror EA (Expert Advi­sor). All prod­ucts are required to work.

Mir­ror con­troller must be loaded on the mas­ter account and the Mir­ror EA on the unlim­it­ed slave account (the only lim­i­ta­tion is the pow­er of your computer).

Other Demo Video

  • Mod­i­fy orders: https://www.youtube.com/watch?v=li6gkSgquWI
  • Split orders: https://www.youtube.com/watch?v=VtYfIe6khFs

Settings of Mirror Сontroller

  • Any .wav audio file for each event;
  • Enable/disable dis­play­ing the infor­ma­tion on the chart.

Settings of Mirror EA

  • Num­ber of mas­ter accounts (required);
  • Name of account sym­bols (required);
  • Max slip­page for open/close positions;
  • Mon­ey man­age­ment rules;
  • Enable/disable the emer­gency stop loss;
  • Any .wav audio file for each event;
  • Enable/disable dis­play­ing the infor­ma­tion on the chart.

Features

  • The Mir­ror soft­ware copies any oper­a­tion that is opened man­u­al­ly or by using an Expert Advisor;
  • Any order mod­i­fi­ca­tion or split oper­a­tions are performed;
  • You can close, mod­i­fy or split posi­tion on slave accounts with­out problems;
  • You do not need DLLs or oth­er exter­nal applications;
  • The sym­bol names between dif­fer­ent bro­kers are not a problem;
  • You can copy oper­a­tions on a dif­fer­ent sym­bol (exam­ple: buy 1 lot on EURUSD on a mas­ter account and buy 1 lot on GBPUSD on a slave account);
  • You can man­age the lots size of each slave account independently.

Features of Money Management Rules

There are five ways to man­age the lot size:

  • Same lots of mas­ter account;
  • Ratio of mas­ter account bal­ance (if on a mas­ter account there are $5 000 and 2 lots are opened, on a slave account there are $7 000, and the amount of lots to be opened: 7000 / 5000 = 1.4 (ratio); 2 * 1.4 = 2.8 lots);
  • Lar­ry Williams 
    • this rule has 3 parameters: 
      • which cap­i­tal is used in the cal­cu­la­tion (equi­ty, bal­ance or free margin);
      • risk %;
      • max­i­mum loss (selec­table in pips or money);
    • the lots are cal­cu­lat­ed in this mode: (cap­i­tal * risk %) / max­i­mum loss; exam­ple: ($4 703.00 * 5%) = 235.15; 235.15 / 450.00 = 0.52 lots;
  • Mul­ti­pli­er lots (if 2 lots are opened on a mas­ter account and mul­ti­pli­er is 1.5, the amount of lots to be opened on a slave account: 2 * 1.5 = 3 lots);
  • Fixed lots.

Features of Emergency Stop Loss

This is a safe­ty fea­ture in case that the con­nec­tion between the mas­ter account and the slave account is interrupted.

In this case, the posi­tion opened on a slave account would remain with no con­trol at the mer­cy of the market.

With the emer­gency stop loss active, the EA loaded on a slave account clos­es a posi­tion at the lev­el of loss set even if the con­nec­tion to a mas­ter account is terminated.
 

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