NinjaTrader Trade Copier Lite

Trade Copier Limitations

The NinjaTrader Trade Copier is a risk-reducing tool for traders managing multiple accounts. It instantly replicates trades from one account to another, ensuring all accounts are in sync and reducing the risk of errors and potential losses. 

• This trade copier will only submit Market Orders to any followers.
• Market Orders are copied to the follower position(s) as soon as they are submitted manually or via an automated strategy.
• Limit/Stop Orders are monitored to be filled, which then turns into a market order and is submitted to the follower positions. This will create ghost stop-losses for the follower positions.
• The Quantity setting increases the number of contracts sent to the follower positions.
• Only One Follower Account can be used.

Copier Settings

The settings for this trade copier are easy to use.

Master Account

• Account - select your master account.
• Flat position check - when enabled, every time a master account trade is flat, the follower account trade is also set to be flat because it is easy to accidentally turn off the Trade Copier while adding and removing positions to and from the Master Account. This tool will wait 1.5 seconds for the broker to report if the follower trades are flat. 

Follower Account

• Account - select your follower account.
• Instrument - select the instrument you wish to follow.
• Quantity - select the number of trades to follow.

How To Use The Trade Copier

This trade copier will allow you to copy trades from one instrument and submit orders for a different instrument on the same or a different account. You can also copy trades from account ABC and open trades on a different account DEF for the same or a different symbol.

Warning

Start using this trade copying tool using a simulated account until you are 100% satisfied with its operation.