What is the Multiply Strategy in Social Trading?
The Multiply Strategy in our Social Trading platform allows an Autocopier’s volume to be equal to the Leader’s original volume multiplied by the Volume Multiplier.
How is the Multiply Strategy calculated?
Copied volume = Volume Leader in lot x Volume Multiplier
The Autocopier copies the volume that their Leader has opened and multiplies it by a predefined value in volume multiplier.
How Can I Set Up The Multiply Strategy in Social Trading?
- Connectez-vous à votre Commerce social: Utilisez vos informations d'identification (e-mail et mot de passe) pour accéder au système.
- Navigate to Social Trading Section: After logging in, find Social Trading in the sidebar menu on the left side of the screen and click on it.
- Click the Social Trading Button: After clicking the Social Trading button in the sidebar menu, you’ll see two subsections: Social Trading and Leaderboard. Click on Commerce social to access the platform.
- Log in to the Social Trading Portal: Select your preferred server (TradeQuo MT4/MT5) and enter your trading account ID and master password.
Note: The trading account, which is used to access Social Trading Portal, needs to be created in TradeQuo system.
- Navigate to the My Copy Stats:
- If you haven’t followed any Leaders, click the Commerce social logo on the right-hand side and locate the “Start Auto-Copy” button, then click it to start copying a Leader of your choice from the Leader Board section. If you can’t find your Leader on the Leader Board, you can refer to this article: Comment trouver un leader s’il ne figure pas dans le classement ?
- If you have multiple followers, you will see a “My Copy Stats”. In this case, click the column and look for a Leader for whom you wish to set the strategy.
- Set Up Your Strategy: Under “My Portfolio”, find and click “Subscription Strategy”. Click the “Edit” button to customize your strategy settings. Then, please refer to below information.
- Volume Scaling: Volume Scaling allows Autocopiers choose how to scale their trade sizes based on the Leader’s volume in lot. Select “Multiply” from the options and the system will multiply the trade size.
- Volume Multiplier: The Volume Multiplier determines how much copied trade is scaled comparing to the original trade. Enter a number to adjust the scale.
- Copy Direction: Choose whether copied trades should follow direct or reverse the original trade direction. If you reverse the direction, a buy becomes a sell and vice versa.
Please refer to example below:
Example 1:
Subscription Strategy settings:
- Volume scaling: Multiply
- Volume multiplier: 5
- Copy Direction: Direct
Given:
- Autocopier’s balance: 1000 USD
- Leader’s balance: 10 000 USD
- Leader opens a Buy trade of 1 lot EURUSD
Calculation:
Copied volume = Volume Leader in lot x Volume multiplier
Copied volume = 1 x 5
Copied volume = 5
Result:
- The Autocopier copies the trade as Buy of 5 lot of EURUSD.
Therefore, you would open a trade of 5 lots of EURUSD in Buy side when multiply with 5 from the Leader’s open trade in the same side.
Example 2:
Subscription Strategy settings:
- Volume scaling: Multiply
- Volume multiplier: 9
- Copy Direction: Inverse
Given:
- Autocopier’s balance: 1000 USD
- Leader’s balance: 10 000 USD
- Leader opens a Buy trade of 1 lot of EURUSD.
Calculation:
Copied volume = Volume Leader in lot x Volume multiplier
Copied volume = 1 x 9
Copied volume = 9
Result:
- The Autocopier copies the trade as Sell 9 lot of EURUSD.
Therefore, you would open a trade of 9 lots of EURUSD in Sell side when multiply with 9 from the Leader’s open trade in Buy side.
Small Volume Handling: If trades are close to the minimum size, the system automatically rounds them up to the minimum. While very small trades may be skipped by default, you have the option to copy them by selecting ‘Risk by rounding to min lot.’ Keep in mind that this can increase your margin requirements.
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