Forexero Copier

Every parameter, explained.

The complete reference for the Forexero Copier inputs. The values shown as defaults are exactly how the copier ships, they work out of the box, and this page tells you what each one does before you change it.

Points vs pips, read this first: MetaTrader settings marked "in points" use points, and on standard 5-digit brokers 10 points = 1 pip. So "Trail start: 150 points" means 15 pips. Settings marked "in pips" mean pips directly.

Risk and lot sizing

How much the copier trades on each signal.

Lot sizedefault: Fixed Lot size

Chooses the sizing method. Fixed Lot size opens every trade at the same size (set below). Risk % sizes each trade so the stop loss risks the chosen percentage of your balance.

Fixed lotsdefault: 0.01

The lot size used when Fixed mode is selected. 0.01 is the minimum on most brokers and the sensible starting point: run the copier small first, confirm everything behaves, then scale.

Risk % for every signaldefault: 2.0

Used only in Risk % mode. Each trade is sized so that hitting the stop loss costs this percentage of the account. 1 to 2% per signal is the range most members use.

High risk managementdefault: disabled (trading 100%)

When disabled, the copier trades your full configured size on every signal. Leave it disabled unless our team has told you otherwise for a specific setup.

Take profits and break even

How the copier manages a winning trade through the three targets.

TP activation modedefault: TP1

Which target wakes up the management engine. At the default, reaching TP1 triggers the partial close percentages below and the break even move.

Lots % closed at TP1 / TP2 / TP3default: 70 / 20 / 10

The partial close ladder. With the defaults, 70% of the position is banked at TP1, 20% at TP2, and the final 10% rides to TP3. This mirrors how the desk manages signals: secure the bulk early, let a runner chase the big target.

Move SL to BE when TP1 hitdefault: true

After TP1 is reached, the stop loss on the remaining position moves to the entry price, so the trade can no longer turn into a loss. This matches our default scoring convention. Note: when the desk posts a different management instruction in the VIP channel (for example a later break even), the channel update is the source of truth, the copier applies its mechanical rule.

Trailing stop

Optional dynamic protection for the runner after the trade moves in profit. All three values are in points (10 points = 1 pip).

UseTrailingdefault: true

Turns the trailing stop on or off for the remaining position.

Trail startdefault: 150

The profit distance (in points, 15 pips) the trade must reach before trailing begins.

Trail distancedefault: 100

Once trailing is active, the stop follows the price at this distance (10 pips) behind it.

Trail stepdefault: 120

How much the price must advance (12 pips) before the trailing stop is moved again. A larger step means fewer, bigger stop adjustments.

Signal and price guards

Protections that stop the copier from entering at bad prices or on bad data.

Max deviation to Telegram signals (in pips)default: 10

If the market has already moved more than this many pips away from the signal's entry by the time your copier receives it, the trade is skipped. This protects you from chasing a price that has left the setup behind.

Max trade deviation, MT5 (in points)default: 100

The slippage tolerance passed to your broker on execution (10 pips). Orders that cannot be filled within this deviation are rejected by the platform.

Open trades with no SL level / no TP levelsdefault: false / false

Safety switches. At the defaults, the copier refuses to open any trade where a stop loss or take profit could not be parsed from the signal. Leave both false: a trade without a stop is not a Forexero trade.

printParsingErrorsdefault: true

Writes a log line to the MetaTrader Experts tab whenever a message could not be understood as a signal. Costs nothing, helps support diagnose issues fast, leave it on.

Symbol filtering

Controlling which instruments the copier trades, and matching your broker's symbol names.

Use symbol blacklistdefault: false

When enabled, the copier ignores signals for any symbol on the blacklist below. Useful if you only want to copy some instruments, for example gold only.

Blacklisted symbolsexample: EURUSD;EURGBP

Semicolon separated list of symbols to skip, written with your broker's prefix or suffix if it uses one (see below).

Symbol prefix / Symbol suffixdefault: empty

Some brokers name symbols with extras, for example XAUUSD.m or pro.EURUSD. Enter the extra part here (suffix ".m", or prefix "pro.") so the copier maps our signals to your broker's names. If your symbols are plain (XAUUSD, EURUSD), leave both empty.

Time windows

Restricting when the copier is allowed to open new trades. All times are broker server time, not your local clock, check the Market Watch clock in your terminal.

Hour filter (BROKER TIME)default: false

Off by default, the copier trades whenever a signal arrives. Turn it on to only allow entries inside the two session windows below.

Start / End time 1 and 2default: 01:30-12:30, 15:30-18:30

The two allowed sessions when the hour filter is enabled. Signals arriving outside the windows are skipped, trades already open are still managed normally.

Operating on Monday ... Fridaydefault: all true

Day switches. Disable a day to skip new entries on it entirely.

Not sure about a setting? The shipped defaults are the configuration our own team recommends, you never have to change anything for the copier to work. And if a parameter still is not clear, message the team, we answer these daily.