How the copier detects signals


The copier supports many signal formats used by most signal providers. We will discuss what types of signals are suited for the copier.

For a signal to be detected following criteria must be detected

ItemRequirement
Symbol/Currency PairRequired
Operation (Ex- Buy,Sell,Buy Limit etc..)Required
EntryOptional
Stop-lossOptional
Take-profitOptional

Following basic patterns of signals are detected by the copier

EURUSD BUY NOW

EURUSD BUY @ 1.10000

EURUSD BUY
ENTRY 1.10000

EURUSD BUY
ENTRY 1.1000
TP1 1.1200
TP2 1.1200
TP3 1.1300
SL 1.0000

⭐️ GOLD BUY NOW

💯EURUSD BUY
✅ENTRY 1.1000
✅TP1 1.1200
✅TP2 1.1200
❌SL 1.0000

Just like “EURUSD BUY NOW“, the system will also recognize “BUY EURUSD NOW” pattern.

The system can also detect slight word variations for Entry, Stop Loss and Take Profit as shown below.

Example:

Entry : Enter, Entry
SL : SL, stop loss, stoploss
TP : TP, take profit, takeprofit

However, If the signals followed use any other words for Entry, TP and SL, the copier can also be configured to detect them by including the respective commands used in the copier settings.

The copier supports up to 3 take profits. By default, The Telegram2Mt4 copier will open trades based on the number of take profits of each signal. If the signal has one Take profit the copier will open trade for the TP, If the signal has two take profits the copier will open 2 trades and if the signal has three take profits, the copier will open 3 trades in the MT4 respectively.

In cases where the signal has more than three take profits, the copier will only consider the first three take profits.

Shown below are some examples of signals which a different from the standard formats and an explanation on how the copier will detect them.

Example 1:

EURUSD BUY
ENTRY 1.1000
SL 1.0000
TP 1.1200 / 1.1200 / 1.1300

In above example, the take-profit values are in one line. The system will detect Entry, SL and the first TP value only. TP2 and TP3 values will not be detected.

Example 2:

EURUSD BUY @ 1.10001.1010
SL 1.0000
TP 1.1200
TP 1.1300
TP 1.1400

In the above example, the signal provider has provided a range for the entry. In situations like above, the system will accept only the first value 1.1000 as the entry price.

Example 3:

EURUSD BUY @ 1.10001.1010
SL 1.0000
TP 1.1200
TP 1.1300
TP 1.1400

TP 1.1500
TP 1.1600

The sample signal above has 5 TP’s. In such cases, the copier will only consider 1.1200, 1.1300, 1.1400 as the take profits and ignore the rest.


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