Copying trades from one to several accounts requires a setup process. Each account connected to VTC and participating in the process of copying trades should be set to a Master or Slave copy mode. Accounts not participating in the process should have the “Copy mode” value set to “None”. There should only be one master account ...
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There are three global settings for the trade copy module in VTC. These are global settings and apply to all connected accounts.
By default, some columns are hidden on the order grids. You can make them visible from the column selection window accessible via the context menu by left-clicking on any of the column headers:
When you click on “Show/Hide selected columns on grid”, you will see a column selection window where you can place a checkmark next to the columns that should be visible.
The robust “Add to position” profile enables you to automate a number of different scale-in scenarios.
One of the most commonly used scenarios is “cost averaging” a losing trade. Although this is not a recommended way of trading, many trades successfully take advantage of such setups. However, the “Add to position” trade management profile offers a lot more…
All symbols that are specified as non-forex (such as CFD)
in Metatrader’s symbol specification are denoted by VTC in points rather than pips.
Only symbols that are specified as Forex in MT4 will be denoted in pips (by default).
Symbols with profit calculation mode set to non-forex values (such as CFDs) will require you to input stop values in points (not pips). You will ...
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By default, VTC uses port 55555 to communication with MT4 terminals. Sometimes, however, this port is already in use by other applications.
To change the default port number you need to do the following:
The “maximum spread” filter is used for blocking single-click order entry whenever the current spread is higher than the defined maximum spread value.
Such condition is additionally indicated by changing the background of the spread indicator to a shade of red. When the spread filter is active, trade entry from the instant entry panel is not possible.
VTC 3 enables the naming of individual terminals used with the console for easier navigation.
Terminal naming is done via MT4io EA’s Inputs tab in MT4.
To do this, you need to assign a custom name to the Terminal_ID variable. For example, this can be your broker’s name:
Once you apply the settings, VTC will recognize this info and display it on the Instant Entry ...
Continue Reading →Version 2 of VTC provides a “Deactivation” feature, which can come in handy, if you want to use the software on several computers, but only have one license. This procedure is not available in version 3, as this version will free your license allocation after approximately 8 hours from the last use of the program. After this period the software can be installed on a new computer.
Normally you would need to first uninstall the software to free up your license ...
Continue Reading →The Setup & Configuration tab in VTC contains a set of Preferences, which can be tweaked to suit the needs of an individual trader. The preferences grid is divided into several sections, which contain individual values for the selected group of settings. When changing a selected value, please make sure you confirm your change by pressing [ Enter ].
The Global Settings section ...
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