SplitLots function explained

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In this video, I demonstrate how SplitLots function works in the Local Trade Copier and also explain what it does and how it helps if you trade big volume position size.

IMPORTANT! SplitLots function does not take partial closing (a.k.a. scaling out) into account. If you close a portion of a master trade, the Client EA might close all trades (occurred from SplitLots) on the client account or, it might be closed only after you fully close master trade.

16 responses to “SplitLots function explained”

  1. Shaharil Avatar
    Shaharil

    hi
    i dunt really understand copy trade. i give a situation where master buy 5usd micro acct… will it automatically copy 5usd microlot in my client acct? or i can set diff lot amount in diff client acct?

    1. Trade copier can do the way you want. Watch this video about trade copier position size parameters.

  2. Imran Harun Avatar
    Imran Harun

    Hi Rimantas,

    I am a indeed a very happy customer and have been using your services and would like to say thank you. WHERE ARE YOU BASED ?
    I am currently in search for a trade copier system allowing me to access the binary options platform I am based in the UK and have a client base of over 50,000 subscribers to my various trading platforms I would very much appreciate, if you could spare me some time in order to talk to you about this specific LTC to be made exclusively for me I am in a position where I can provide the means to have this made by yourself so costs are not an issue if we could discuss this matter over a webinar it would be amazing.

    1. Hi, thanks for your feedback. It’s possible to create what you need. I have sent you a private email. Check your spam folder if you have not received it yet or contact me at support@ea-coder.com

      1. Mak Avatar
        Mak

        hello can you let me know how your 100% automated currency trading works . I am interested to know please email me the details. to

        1. My 100% automated trading details are here: http://www.vavatrade.com

  3. Anand Avatar
    Anand

    Hi, Could you please send me the details of 100% automated currency trading that generates profits while I enjoy the time with my family, our life and traveling.?

    1. My 100% automated trading details are here: http://www.vavatrade.com

  4. Michael Avatar
    Michael

    I want to use the LTC on 5 accounts all on a VPS. Which Plan is ideal for me ?

    1. If all 5 accounts are on the same VPS then the personal license is fine for that.

      BUT if you need SplitLots function then you need to get a Manager license because SplitLots are not available in Personal license. You posted this question on the SplitLots tutorial page so I wanna make sure you understand that this function is not available in Personal license.

      Hope this helps

  5. Tin Avatar
    Tin

    Hi, I lot of families and friends that want to copy my trades, but each of them have 5 accounts with same broker. I would like to know if your system would be able to handle it without require them to do anything. Would I be able to manage all their accounts using just my laptop. Thanks

    1. Hi, yes, as long as your laptop can run that many MT4 accounts.
      If your laptop won’t be able to run that many MT4 accounts then you’ll need a VPS server.

      For VPS, I always recommend https://www.vpsforextrader.com/?id=1255a
      I’ve been using them for many years now and I personally know the people who are running this company.

      If you need to host just a few MT4 platforms, you should look into their basic plans like FX-1 or FX-2.
      http://bit.ly/fxvpsteam

      For more powerful servers that can handle 25+ or even 100+ MT4 platforms, you should be looking at dedicated servers.
      http://bit.ly/fxvpsdedicated

  6. Trader_203BA Avatar
    Trader_203BA

    Does this feature comes with Local Trade Copier Personal subscription?

    1. SplitLots feature comes with LTC Manager or VIP license. It is not included in the LTC Personal license.

  7. James Avatar
    James

    I want to manage accounts for friends and family. If I have a balance 10 times bigger than my friend, how do I automatically place orders in his account for which the lot size is 10 times smaller? Is it with this lot splitter function? Tks

    1. Sure, you will achieve that with default risk management settings in client ea.
      By default, the copier calculates lot sizes for each client based on the difference between account balances to have the same risk. So lot size in the client will be automatically adjusted.
      You can set different risk management parameters for each client account.
      Here are videos where all risk parameters are explained:
      https://www.mt4copier.com/risk-parameters/

      Split lots function is not for that, it is used to slice a trade on master into multiple trades in client accounts.
      Hope this helps