Using Replikanto as a trade signal provider

Replikanto can indeed be used to copy trades from your trades (on a leader account) to a group of other accounts (follower accounts) over the internet. This is accomplished through the Replikanto Remote Mode or Remote Copy feature. When using Remote Mode, trades can be copied between Replikantos running on different computers via the internet. Replikanto replicates orders from a leader account to multiple follower accounts. There is no coded limit on the maximum number of remote nodes per leader. A remote node is a Replikanto running as a Remote Follower that has a Replikanto Remote ID (@REP-XXXX-XXXX).

Here are some of the downsides when copying trades over the internet using Replikanto:

• Requires Credits: Credits are necessary to send trades between Replikantos on different machines when using the Internet as the communication channel. Credits are only needed for the leader Replikanto machine; remote followers do not use credits to receive trades.
• Increased Latency and Slippage: Remote copy can add a delay to your trades. While local network copy might add between 1 to 300 milliseconds, remote copy can add between 300 to 10000 milliseconds delay. This increased latency depends on the quality of the internet connection and the location of the servers used. In volatile markets, this delay can exacerbate slippage, meaning the follower's orders may not fill at the exact same price as the leader's.
• Accounts Can Become Out of Sync: Due to potential delays, disconnections, or order rejections on follower accounts, Replikanto does not guarantee position or order synchronization between leader and follower accounts. An account may have an order rejected that was executed on the leader side, causing accounts to become out of sync.
• Need for Manual Monitoring: Because discrepancies and out-of-sync situations can occur, it is the responsibility of the remote leader (signal provider) to inform the remote nodes of the leader positions and active orders to ensure that all nodes are in sync.
• Potential Communication Loss: Communication over the internet can be delayed or, in remote cases, lost. If a remote node is detected as "away" (did not receive the trade or received with an error), new attempts will be made, but the trader is informed so they can take action. It is recommended to turn off remote nodes that are away until the problem is resolved, to avoid using up credits without the copy being delivered.
• Nodes Blindness: Through Replikanto, it is not possible for the leader to see the positions and active orders of the remote nodes, so it is not possible to know if they are all synchronized with the leader. For this, we recommend using YouTube or Telegram to inform all remote nodes of the leader's position, which instrument will be trading, the size of the trades, and all the details necessary for the remote nodes to be able to follow the trades. The remote nodes are also unable, through Replikanto, to know if there are any open positions or active orders on the remote leader's side.

It is important to remember that even when copying locally, slippage can occur due to market volatility and the broker's internal processing delays (such as quantity checks, risk analysis, and order tunneling). Remote copying adds another layer of potential delay. Testing with Sim accounts before using real accounts is recommended.