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Slave Account

All cMAM mirroring profiles can have one or more slave trading accounts, and each slave account has a separate settings.

The settings for slave accounts are same across all different mirroring profile types, here we will explain each.

Volume Type/Amount

Every salve account can have different balance and you have to adjust the master account trade size based on your slave account balance.

cMAM offer you four different methods to manage the slave account trade volume, these options are:

Multiplier

This is the default and simplest option, what it does is multiplying the master account order size to a decimal number that you will set in volume amount field of slave account.

For example, if you want to copy the master account orders in half of their actual size then you can set the multiplier to 0.5 which means 50% of the volume.

Auto Risk Balance/Equity

The auto risk option uses a formula to set the slave account trade size according to its balance/equity, the formula it uses is:

slave order size = (master order size / master account size) x slave account size x auto risk amount

Here the size of slave/master can be either their balance or equity.

You can set the auto risk amount in volume amount field of slave account.

Fixed (Lots)

Instead of dynamically setting the slave account volume you can set a fixed lots amount, and this fixed amount of lots will be used for all of the slave account orders, to set the amount use the volume amount field of slave account.

Min Equity

The default value is set to 0 which means no limit, if you change the value to a larger number then whenever the equity of slave account goes below that amount the mirroring profile will close/cancel all of the slave account orders and stop copying future orders on it unless you restart the mirroring profile.

You will also receive a Telegram notification in case the slave account minimum equity got triggered.

Max Slippage

This field is also only available for MetaTrader accounts, its the maximum amount of slippage that you can accept for copying orders from master to this slave account.

If you set this field value to a low number you might miss some of the master account orders.

Order Types

The types of orders you want to copy from master to slave account, by default only market order is selected, we strongly recommend you don't select the pending order types unless bother master/slave are from same broker and uses same price feed, because a pending order might get filled in slave but not in master or vice versa.

If you only select market order then whenever a pending order gets filled on master account it will be copied to slave account.

Trade Side

The side / direction of trades that you want to copy on slave account, by default both buy and sell is selected.

Reverse

If you check the reverse box of a slave account then all master orders will be copied in reverse direction to that slave account.

Sync Open Orders

If you check this box cMAM will open the orders that were already open in master account before starting the mirroring profile.

Sync Closed Orders

If you check this box cMAM will close/cancel those orders that were canceled/closed on master account while the mirroring profile was not running.

Ignore New Trades

If you check this box cMAM will not open any new trade on slave account and it will only manage the open copied orders.

Symbol Mapping

cMAM has two symbol mapping options for slave accounts, the first one is auto which will match the master/slave symbol by using the master account symbol name and you should use it only if the master and slave symbol names are same.

If the master and slave symbol names doesn't match then you must use manual symbol mapping option, after you selected the manual symbol mapping option click on "CSV" icon button and select the symbol mapping file for this slave account:

Screenshot

The symbol mapping file is a CSV file which has these columns:

  • Master Symbol: The name/code of master account symbol

  • Slave Symbol: The name/code of slave account symbol which is equivalent to the above master account symbol

  • Stop Loss: If Yes then the master trade stop loss will be copied to slave trade otherwise it will not (No)

  • Take Profit: If Yes then the master trade take profit will be copied to slave trade otherwise it will not (No)

  • Volume Type: The type of volume management method that you want to use for this symbol, the options are FixedLots, Multiplier, AutoRiskBalance, and AutoRiskEquity (this last option right now is only available for MetaTrader slave accounts)

  • Volume Amount: The amount of volume based on your selected method, by default its set to 0, which means don't use symbol specific volume management method and instead use the general slave account volume management option

  • Max Volume (Lots): The maximum allowed amount of volume for this symbol in lots that will be copied to slave accounts

  • Min Volume (Lots): The minimum allowed amount of volume for this symbol in lots that will be copied to slave accounts

  • Max Slippage: The maximum amount of slippage for this symbol orders, you must use this column only in MetaTrader slave account symbol mapping files, don't use/add this column for cTrader slave account symbol mapping files

To get a sample of symbol mapping file filled with master account symbols use the master account symbols table "Create Symbol Mapping Sample File" button:

Screenshot

If you use the sample file then you don't have to add each master account symbol name, as it will fill the master account symbol name automatically and it will order the symbol names by name.

If you don't want to copy a master account symbol trades on a slave account you can remove its entry from the symbol mapping file and cMAM will not copy that symbol trades to that specific slave account.

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