TPSpro CopyOrders MT4

Advantages of TPSpro CopyOrders MT4

TPSpro CopyOrders MT4 is a powerful tool designed primarily for professional order management in trading teams. Its functionality is tailored to streamline trading operations while incorporating robust risk management features. Below are some of the key advantages of using TPSpro CopyOrders MT4:

1. Integrated Risk Management

Originally developed for a team of traders, this copier includes a comprehensive risk management system. Traders can customize settings such as maximum stop loss, maximum orders in one direction, and daily risk limits, ensuring a controlled trading environment.

2. Flexible Money Management Modes

TPSpro CopyOrders offers six different money management modes. This allows users to tailor their risk exposure based on their individual trading strategies and preferences. Options like “Specified lot,” “Master lot,” and “MM from % and stop” enable traders to execute trades with different lot sizes effectively.

3. Easy Setup Process

The setup process for both master and slave accounts is straightforward. Users can easily choose their program mode and configure their settings, including selecting currency pairs for copying and defining folder names for trade record keeping.

4. Customizable Trade Copying

Traders have the flexibility to choose specific currency pairs for copying or can opt to copy all instruments. This level of customization ensures that users can focus on the markets that matter most to them.

5. User-Friendly Feedback Mechanism

With options for feedback from the master account, users can link their master and slave terminals seamlessly. This feature enhances the synchronization of trades and ensures that the parameters set by the master are accurately reflected in the slave accounts.

6. Comprehensive Order Management

With features like setting the maximum number of trades per day and maximum losing trades, TPSpro CopyOrders MT4 provides comprehensive order management capabilities. This helps traders avoid emotional decision-making and promotes disciplined trading strategies.

In conclusion, TPSpro CopyOrders MT4 is designed for both seasoned traders and those looking to manage their trading operations efficiently. Its combination of risk management, flexible settings, and user-friendly interface makes it a valuable asset for any trading team.