Trade Copier Indicator

Trade Copier Indicator Introduction

The MASCopyADVANCED Indicator is a sophisticated tool for NinjaTrader 8, designed to automate order copying from a single master account to up to 30 unique follower (slave) accounts.

This indicator ensures precise replication of trades across any market or instrument, matching the master account’s order types, prices, and actions while allowing customizable quantity multipliers for each follower account. It is ideal for traders managing multiple accounts, such as funded trading accounts.

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Important: The master account must be a simulation (SIM) account (e.g., Sim101). Using a broker account as the master account can lead to copying errors, as broker accounts attach their own order IDs that change during a trade, causing the copier to fail.

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A SIM account ensures stable and accurate trade copying. Using a SIM account as the master account guarantees the most reliable replication of trades across follower accounts. Additionally, employing limit orders in the SIM master account ensures 100% accuracy in order execution from account to account, minimizing discrepancies.

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Single Instance Operation: Only one instance of the indicator can run at a time to prevent conflicts.

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Key Features:

Real-Time Order Copying: Mirrors all orders (market, limit, stop, etc.) from the master account to follower accounts instantly.
Flexible Quantity Scaling: Supports different quantity ratios for each follower account via multipliers.
Emergency Position Management: Optionally flattens follower accounts when the master account is flat and a follower is still in a position, with a configurable timeout.
On-Chart Display: Shows active follower accounts with names, cash values, multipliers, and custom notes.
Empty Chart Setup: Best setup on empty chart.

The indicator supports only one master account, requires unique follower account names, and copies trades across all markets traded by the master account. It simplifies multi-account management with robust automation and flexible configuration.

1. Indicator Installation

Download Indicator: Obtain the MASCopyADVANCED Indicator file from www.mascapital.uk and save it in an accessible location.
Import the Indicator: In NinjaTrader’s Control Center, go to Tools > Import > NinjaScript Add-On.... Select the MASCopyADVANCED file and click "Import."