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telegram-trade-copier's Introduction

Telegram-Trade-Copier

Copy Telegram Signal to your Metatrader account MT4 - MT5 for automated trade copying

Open your Metatrader platform

Tools => Options => Expert Advisors => Allow Webrequests

https://api.telegram.org

Telegram

Make a telegram bot by talking to the @botfather within your telegram app.

Put the access token within the MT5 robot that you get from the botfather.

Create a New Public Group Chat and add the telegram bot as ADMIN with Read Message Access.

If you need your chat channel ID or chat Group ID , watch this video https://www.youtube.com/watch?v=I-qI6jeLIsI

You may need to use this tool https://github.com/fx4btc/parsesig to send your signals to a group chat because two telegrams can not communicate.

About

Unlike most of the Telegram trade copier services available, this is a stand alone MetaTrader Robot that does all the copy trading functionality on your hosted trading platform.

Signal Forwarding

Since you aren't the admin for the provider's telegram group or channel , you will have to forward the signals to your own PUBLIC GROUP that you control. This is required because you will need to add a telegram bot to that channel and make that bot an ADMIN therefore the bot has access to the messages. As new messages are forwarded to your channel , the telegram bot will send these messages to the Telegram Trade Copier for parsing.

Telegram Signal Format

Since the majority of telegram signal providers do not have the same format, you have to format the signal into a format that this Telegram Trade Copier can recognize. Please see the examples below for supported format.

  • Symbol | Can be upper or lowercase or a mix of both
  • Signal | BUY, Buy, buy, SELL, Sell, sell
  • TakeProfit | TP, tp, TAKEPROFIT, TakeProfit, takeprofit
  • StopLoss | SL, sl, STOPLOSS, StopLoss, stoploss

EURUSD
BUY 1.12345
TP 1.23455
SL 1.01234

EURUSD
Buy 1.12345
tp 1.23455
sl 1.01234

EURUSD
buy 1.12345
takeprofit 1.23455
stoploss 1.01234

Multiple TakeProfit Values

Telegram Trade Copier handles multiple takeprofit targets by entering several positions on the initial signal and giving each position its own takeprofit value. For example a signal with 3 takeprofit values will place 3 positions on your account and each position will have its own takeprofit value. A signal can have up to 4 TakeProfit values.

EURUSD
BUY 1.12345
TP1 1.23455
TP2 1.34567
TP3 1.45678
TP4 1.56789
SL 1.01234

Parameters

  • BrokerageSuffix | If your broker has a suffix after the symbol, such as EURUSD.lmax , enter ".lmax"
  • TelegramToken | Your Telegram token , talk to the @BotFather on telegram to create a bot and token
  • PollingSpeedInSeconds | How frequently do you want to check the telegram channel or group for a new signal

License $150

Contact Developer information on the profile page https://github.com/fx4btc | 1 Week demo available

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