One of the most popular questions I get about my Remote Trade Copier signal delivery software is if it can deliver the trades to client accounts when MT4 is not running. The short answer is NO, Remote Trade Copier does not copy trades when MT4 is off. You need to run MT4 master and slave accounts 24/5 to send and receive the trades. To be exact, the Signal Providers (SP) must run RTC Server EA at all times and RTC Client EA must be running at all times to receive those trading signals. Read this complete post to learn why RTC works that way and what are other options.
In the latest Remote Trade Copier v1.8 and Local Trade Copier v2.1 software version, we have integrated special stop loss features to protect your trades even better. Now you can set an emergency stop loss in pips which the Client EA can use, in case the trades do not have it. It means that even when a signal provider sends a trade without a stop loss (zero), the Client EA still sets a stop loss on your trade using the Emergency Stop Loss Pips value, which is a special Client EA input.
The Remote Trade Copier and Local Trade Copier software has the ability to delay pending orders that are sent from the master account to a slave account. This is one of the many advanced features of Client EA.
Customers can set the EA to delay pending orders by a certain number of seconds by using the unique DelayPendingOrdersForSeconds setting.
Remote Trade Copier and Local Trade Copier both have a MaxPriceDeviationPips feature built-in. The Max Price Deviation parameter tells the Trade Copier EA the max price distance allowed between the initial trade entry price on the master MT4 account(s) and the current market price on the slave MT4 account(s). It is an important safety feature that can keep you out of some unwanted trades.
I will go straight to the point. If you are really serious about starting your own Forex trading signal business then the best way to learn how to do this is to read my book on this topic. I have spend several years creating and running this business and now I have put all my knowledge into the book. Click here to get my book about how to start your own forex signal business.
And before you wait for the book to be shipped to your house take a few minutes of your time to watch the video below. It will answer some of your questions about this business for sure.
As you may already know that most of the Expert Advisors and Indicators for Metatrader 4 have Email delivery feature built-in. The most recent Forex robots even have Push Notifications feature which is better as you can get the notification directly to your mobile device like Android or iPhone. Both features are useful, but need to be configured in your MT4 options window before you can use them. Here is simple explanation how to do that.