Manage trading robots
Last updated
Last updated
You can use trading robots to automate trading activities on the master accounts of your brokerage company. For a master account, you can create a robot and configure its trading parameters to execute a specific trading strategy on that account.
More than one robot can be created for the same master account.
Robots are supported for all copy-trading, PAMM, and MAM accounts across all platforms integrated with B2COPY, such as MT4/5 and cTrader.
To create a trading robot:
Go to Investment Platform and expand the required platform instance, such as MT4, MT5, or cTrader.
Go to Trading automation > Trade robots.
Click +Create in the upper-right page corner.
On the Create new trade robot page, fill in the following fields:
In the Account ID field, specify the number of the master account for which the trading robot will be created.
In the fields Time between open deals (min – max) (minutes), enter the minimum and maximum intervals, in minutes, between opening deals.
For example, if you specify 5 and 10, new deals will be opened at random intervals ranging from five to ten minutes between each other.
In the fields Open duration (min – max), enter the minimum and maximum time, in minutes, for keeping positions open.
For example, if you specify 3 and 7, positions will be closed randomly after being open for a duration ranging from three to seven minutes.
In the Open chance (%) field, enter the percentage defining the possibility of opening a position. Possible values: 1 through 100%.
In the Buy chance (%) field, enter the percentage defining the possibility of opening a buy position. Possible values: 1 through 100%.
The Buy chance (%) field can’t be set to 0 (zero).
In the fields Volume (lots), specify the minimum and maximum position volumes in lots.
In this section, add trading instruments by clicking the +Add instrument button and specifying the following fields:
In the Instrument name field, specify the name of the trading instrument.
In the Instrument ratio, specify the usage ratio for the instrument. It defines how often the instrument will appear in the trading history on the master account. Possible values: 1 through 100%.
Add as many instruments as needed.
The total instrument ratio must equal 100%. If you add only one instrument, enter 100 in the Instrument ratio field.
Once all settings are configured, click Save and Launch a robot.
The robot will be created and activated on the specified master account, which means automatic trading will start immediately.
To modify the settings of an existing robot:
Go to Investment Platform and expand the required platform instance, such as MT4, MT5, or cTrader.
Go to Trading automation > Trade robots.
Select the robot and click the Edit button on the left side of the row.
On the Edit trade robot page, adjust the trading settings.
Click Save to apply the changes.
The changes will take effect immediately upon saving.
Robots with the PAUSED
status are automatically activated after the changes are saved, which means that automatic trading with the modified parameters will start on the respective master account.
To activate or pause an existing trading robot:
Go to Investment Platform and expand the required platform instance, such as MT4, MT5, or cTrader.
Go to Trading automation > Trade robots.
Select the robot and click the Edit button on the left side of the row.
On the Edit trade robot page, click the Update status button in the upper-right page corner.
In the displayed popup, select:
ACTIVE
– to enable the robot and activate automatic trading on the respective master account.
PAUSED
– to disable the robot and stop automatic trading on the account.
Click Change status in the popup.
Click Save on the Edit trade robot page to apply the changes.
To remove a trading robot:
Go to Investment Platform and expand the required platform instance, such as MT4, MT5, or cTrader.
Go to Trading automation > Trade robots.
Select the robot and click the Delete button on the left side of the row.
Confirm the deletion in the displayed popup.
After confirmation, the trading robot will be removed from the list, and all open positions that were opened by the robot on the master account will be closed.