How to set up copy trading with AlgoBot
Prerequisites:
The user registered on algobot.com, opened an account on AvaTrade with our affiliate link, and
deposited at least $250.
The user got the mail from us confirming that his account is verified and eligible to copy trades.
To set up copy trading, the user has to follow the below steps (each step is described in
detail further):
Register an account at trade.algobot.com ................................................................................ 2
Wait for confirmation mail from the Client Panel ....................................................................... 5
Log in to the Client Panel and Activate the EA ............................................................................ 6
Download EA from the link in the Panel or the mail .................................................................... 7
Install the EA on MT and add Client EA to the chart (use MT password from the mail or read it in
the Panel) ................................................................................................................................ 8
Activate the Signal Provider (SP) ............................................................................................... 9
1
Register an account at trade.algobot.com
After you get an email with a link to the Client Panel, go to trade.algobot.com and click
‘Registration form’
2
In the registration form, please fill out the necessary information. Required fields are E-mail and
Full Name. The rest of the information is optional and will be used to issue invoices with
performance fees.
Get familiar with the Terms and Conditions and Privacy Policy and check the boxes before you
click on ‘Register’.
3
After you click the Register, you should see the confirmation page as below.
4
Wait for confirmation mail from the Client Panel
Check your e-mail box for the confirmation mail with your credentials.
In the mail, you get two passwords:
-
Website Password (used to login to Client Panel)
MT4 EA Password (used to authorize EA in MetaTrader)
5
Log in to the Client Panel and Activate the EA
If you have a login and website password, please go to trade.algobot.com and use these
credentials to log in to the Client Panel.
After you log in to the Panel, please click on ‘Activate your Client EA software’ link in the
Welcome section. This link moves you to Profile -> Connect Your MT Account.
Mark the checkbox and Activate EA.
6
Download EA from the link in the Panel or the mail
The next step is downloading the zip file with the suitable EA package. Choose the version of the
EA according to your MetaTrader version. It could be either MT4 or MT5.
Links to download software are in the registration confirmation mail or on the Panel home page,
which is always available after clicking the AlgoBot name in the panel's upper left corner.
7
Install the EA on MT and add Client EA to the chart
(use MT password from the mail or read it in the Panel)
When you unzip the Client EA package, you will find the auto-installer, the MQL folder with files
if you want to manually install EA, and a manual that describes the EA installation process in
your MetaTrader application in detail. Please follow the instructions in the file.
8
Activate the Signal Provider (SP)
When your MT4/MT5 runs with attached Client EA it’s time to connect it to our signals. In the
Signals Provider tab, put the % and save changes, then click 'Follow the Signal Provider'
After you Follow Signal Provider, you should see a green background and an option to adjust the
Percentage Allocation. 100% means you follow the provider's risk level 1:1 normalized to your
account size. More details can be found in the tooltip .
9