Trade Copier Implementation

ghappy21 said:
My Orderflow version of MW is a bit before the Trade Copier feature was added. Does it support bracket orders before order entry? Does it support adjusting stops and profit targets after order entry?
As for stability, I assume it will be fixed. MW is a highly capable platform. Trade copying should be easy for MW staff to fix.
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😂 sure, you have the ability to create bracket orders and adjust after order entry, but the problem is
  • It doesn't work consistently — causing you to lose money in fast-moving markets
  • Support has been very dismissive when reporting issues (read my other posts)
  • There's also no way to actually test the copier despite my asking to be able to do so, so you have to put your real accounts at risk

I just had another issue with follower account positions not being closed, which would have blown my accounts if I hadn't caught it. Trading has enough variables — you shouldn't have to wonder if your platform is actually going to work the way it is supposed to.

Good luck — I'm glad it was on my side today when I caught those unclosed positions.
 
One more question. Are copied bracket or stop orders sent to the exchange? Some set-ups (like Ninja and a 3rd party copier) orders are managed on the desktop software. So, if one lost the internet connection or if the software stopped working, there would be no stop order until connection was reestablished.
 
ghappy21 said:
One more question. Are copied bracket or stop orders sent to the exchange? Some set-ups (like Ninja and a 3rd party copier) orders are managed on the desktop software. So, if one lost the internet connection or if the software stopped working, there would be no stop order until connection was reestablished
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I depends on your data feed - If you are on Rithmic or CQG they are stored "server side" so if your internet connection cuts out, you should be safe.

See this post from MW support:

Server Side OCO

When I use CQG feed (through AMP Futures) and place OCO bracket orders in MW, are they server side OCO? As far as I know CQG supports server side OCO. And how about Rithmic? I heard Rithmic didn't support server side OCO in 3d party platforms but not sure if it's still true...... 🤔
support.motivewave.com support.motivewave.com
 
Just lost a couple of accounts. 2 accounts decided to trigger my bracket properly, and 2 just randomly decided not to. And it's never the same two 😂

If you place an order, never assume the order will be placed properly. Go look at all of your positions. One time I had 3 accounts with my brackets properly applied, and one account just randomly didn't have the bracket applied to it.

Another time, I updated a bracket order, and it just randomly decided to update it on some accounts, but not all.

After trying this out for 2 months and trying to engage with an unwilling support team, the trade copier is not ready for real use and do not use it on any accounts you care about.
 
Is there any documentation available for the Trade Copier feature?

I've followed the bit of instructions in the release notes: File > New > Trade Copier Account and this adds a new item in the account menu (in the DOM). But then once it's set, where can you edit the Leader and Follower accounts, add additional follower accounts, etc.?
 
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Has anyone successfully used the Trade Copier with Elite Trader Funding (Rithmic)?
 
itradefutures said:
Yes.

On rare occasions, it hasn't closed positions on a few accounts for me.

Generally, it works, but it's definitely not bulletproof. Make sure you have a positions tab open to monitor your trades and manually close them if the situation calls for it.
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When using Trade Copier do positions and resting orders appear in the DOM for follower accounts?
 
I have a own license of Motivewave and are a big fan of the platform as such. But I run my trades through Quantower and its (Beta) copy trader. Gives me peace of mind, I can see all my positions and how my working orders update over multiple accounts, I can close them all at a push of a button. Its just to dodgy how the trade copier works in motivewave at the moment.
 
Tigger said:
When using Trade Copier do positions and resting orders appear in the DOM for follower accounts?
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I haven't used the copier yet, but you can open multiple DOMs for different accounts. I only trade 3 equity futures so I have 3 individual DOMs for one account and DOMs with the chart for the other account. Would get messy with more than 2, but that works OK for me.
 
MrSharky said:
I have a own license of Motivewave and are a big fan of the platform as such. But I run my trades through Quantower and its (Beta) copy trader. Gives me peace of mind, I can see all my positions and how my working orders update over multiple accounts, I can close them all at a push of a button. Its just to dodgy how the trade copier works in motivewave at the moment.
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Thx, not familiar with Quantower. Is this how your platform is setup?:

Motivewave -> Quantower -> Rithmic

Or do you execute all of your trades on Quantower?
 
Tigger said:
Thx, not familiar with Quantower. Is this how your platform is setup?:

Motivewave -> Quantower -> Rithmic

Or do you execute all of your trades on Quantower?
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I execute all my trades in Quantower over Rithmic. I use Motivewave for charting and all the bells and whistles.
 
I am looking at using the new MW trade copier with Rithmic and my personal IB account. Has anyone used Rithmic and a different broker with the MW trade copier. I think I can test first using the IB paper trading account.
 
This keeps happening to me, just cost me about $300 profit . I was up over $600 in he trade and after the delay closed at around $300.
This is just not usable
It does it when using trade copier or not and it gives an error popup most times so I have to close that first before I can do anything about the open trades.
Not sure if it's Rithmic or MW to be fair. I don't want to put the blame on either yet
 
indodreams1985 said:
thanks :)

It just cost me another $200 ish :)
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I trade using the MW DOM connected to Rithmic. I don't get any kind of error message when I exit a trade which I usually do using Flatten or if a Target his hit (less frequent). I am not using the copier yet since I'm only running one account right now. I only trade equity futures. I usually have to hit Cancel All after Flatten, but still no pop up.
 
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