Yes, it is possible to trade 1 contract on one account and 3 contracts on another account using Replikanto's Ratio copy method.
Here's how you can achieve this:
- Ratio Copy Method: Replikanto's Ratio copy method allows you to define a ratio for each follower account, which is used to multiply the contract quantity of the leader account's trades.
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Setting up the Ratios: To trade 1 contract on one account and 3 contracts on another, you would need to configure the follower accounts with different ratios. For example, if your leader account is placing an order for 1 mini contract:
- Set the first follower account's ratio to 1.0 so that the follower account will receive 1 contract.
- Set the second follower account's ratio to 3.0 so that the follower account will receive 3 contracts.
- How it Works: When you place an order on the leader account, Replikanto will copy the trade to each follower account, adjusting the quantity based on the defined ratio. So if the leader places an order for 1 mini, the first follower will receive 1 mini (1 x 1.0), and the second follower will receive 3 minis (1 x 3.0).
Additional Information about the Ratio Copy Method:
- Ratio values: You can set a ratio between -100 to 100 for each follower account.
- Fractional ratios: Ratio values can be smaller than 1, but trades may not be copied if the resulting quantities are not whole numbers. If the result of the calculation is greater than 0 and less than 1, for example 0.9, it will result in 0 contracts, then no trades will be copied.
- Rounding Down: The result of the calculation to find the number of contracts to be used in the follower is always rounded down.
- ATM Copy: It is recommended to use the Ratio copy method in conjunction with the ATM Copy feature when trading inside the NinjaTrader PC software.
- Reversing orders: By using a negative ratio value, you can reverse the direction of an order, for example, from long to short.
In summary, using the Ratio Copy method in Replikanto, you can distribute trades from a leader account to multiple follower accounts with different contract quantities based on a predefined ratio, allowing for flexible trade management across various accounts.
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