It is very easy to set the copier settings in Telegram Signal Copier.
Configuration files (“copier settings” for short) are important to modern computing. They allow you to customize how you interact with an application or how an application interacts with the rest of your system.
Let’s see how to set copier settings in Telegram Signal Copier.
First, open your Telegram Signal Copier, and according to your subscription plan, add your mt4/5 account.
Then, click on the Copier Settings button, shown below.
You will see this kind of window pop up on your screen. It’s called Config Keyword.
Entry Point:
Different You can easily customize it by adding the words which your telegram signal providers use for the entry price. Make sure you are putting a comma after every word. For example, NOW, PRICE, and Entry.
What if a signal provider uses two or more words for the entry price? The answer is simple! Either you can input first word of the two words, or you can use those two words in the entry price section. But it is suggested to keep minimal word for each channel. Suppose your signal provider uses ENTER NOW for the entry price. So, in this case, what you can do is, input ENTER NOW or just ENTER in the entry price section. (see the image)
Tips: Do the same process for every section of config keywords.
BUY:
In this settings option, you can add words which are related to BUY that your telegram signal provider uses. The general command BUY is set by default so you don’t have to add this word.
For example: if your signal provider uses the word LONG for buying you’ll need to add LONG in the settings BUY box. So, watch out for the words which your telegram signal provider uses for BUY and add them here in copier settings.
SELL:
In this settings option, you can add words which are related to SELL and your telegram signal provider uses. The command for SELL is set by default so you don’t have to add this word.
For example: if your signal provider uses the word SHORT for buying you’ll need to add SHORT in the settings SELL box. So, watch out for the words which your telegram signal provider uses for SELL and add them here in copier settings.
STOP LOSS:
The same goes for here! Find out what format your telegram signal providers use for Stop loss and set them up accordingly. The word SL is set by default, so you don’t need to set this separately.
For example: Your signal provider could be using STOP LOSS or STOP-LOSS to mean SL. In such cases, you’ll have to add these words into the Stop Loss Box in the Config Keyword window.
TAKE PROFIT:
Check out what format your telegram signal providers use for Take profit and set them up accordingly. The TP is set by default, so you don’t need to set this separately.
For example: Your signal provider could be using TAKE PROFIT or TAKE-PEOFIT or TP1 to mean TP. In such cases, you’ll have to add these words into the Take Profit Box in the Config Keyword window.
LAYER:
If your signal provider sends a reply to a past signal as a new entry, this option will help you. You will need to set the word they use for such actions/ signals in the settings box.
Close Full/Half/Partial:
Sometimes, you will see that some telegram signal providers use close full/half/partial to secure the profit. But the words and the format could be different in different channels. For example, it could be CLOSE FULL or FULL-CLOSE, or CLOSE_FULL. Similarly, different words and formats could be for close half and partial.
In such cases, you will need to check the word that your signal providers use for CLOSE/CLOSE FULL/CLOSE HALF/CLOSE PARTIAL, and add exactly those words in these boxes of config keyword. ⬇️⬇️⬇️
Close All:
If your signal provider send updates to close all running trades.
Delete:
These are very interesting options you will find in the copier settings. Sometimes, you will see that your telegram signal provider has sent a signal of a pending order, and the telegram signal copier copies the pending order to your mt4/5 accounts. But what if your signal provider decides to cancel the pending order! How would you DELETE the order?
Simple! Just find out what keyword and format your signal provider uses to cancel the pending order. Enter those exact keywords and format them into the Delete box. Then, the copier will automatically delete the order when your signal provider commands you to delete the pending order.
Delete All:
If your signal provider sends updates to delete all pending orders.
Breakeven/SET SL/SET TP:
- Breakeven/BE: In trading, breakeven is when you make no money or lose any money. Alternatively, it is your entry price at which you entered a trade. Enter the keywords which are used by your telegram signal provider for breakeven in the box.
- Set SL: “Set SL” is the term your signal provider uses to change or modify the previous SL price. Enter the keywords which are used by your telegram signal provider for SET SL in the box.
- Set TP: “Set TP” is the term your signal provider uses to change or modify the previous TP price. Enter the keywords which are used by your telegram signal provider for SET TP in the box.
You’ll need to find out what keywords your providers use for SET SL/TP. It is mandatory because many telegram signal providers send the SL and TP range after providing the signal. So, make sure that you have set the keywords up in your copier settings.
Ignore Keyword:
Now, about the Ignore Keywords! Telegram signal copier needs only two things to read the signal- Whether it is BUY/SELL and whether it has pairs or not. It doesn’t matter in which format the signal is. So, what happens sometimes is that some telegram signal providers share their signals on their free channels by FORWARDING the signal. The forwarded signal carries the information of BUY/SELL and the pairs, and the copier will consider it as a new signal and will execute it accordingly. So, in this copier settings, you can easily ignore the forwarded signal by adding the keywords and format that the signal provider uses to forward the signal.
Add Pairs:
In Add Pairs section, you can add those unique pairs which are not included in the telegram signal copier.
Last, of all, don’t forget to click on Save Configurations!
