Statistics Data Introduction

Trading Product Q&A

FOLLOWGUARD

What’s FOLLOWGUARD?

FOLLOWGUARD is an intelligent copytrade risk control system. When using COPYTRADE function, FOLLOWGUARD will automatically monitor the account status in real-time.

Although most traders usually provide consistent and advantageous strategies, sometimes the best traders make mistakes. Once any major changes in the trader’s performance are detected, GOLLOWGUARD will step in and protect your account to minimize any potential losses.

All you need to do is to set the relevant risk control parameters for FOLLOWGUARD to take action.

What are the specific functions of FOLLOWGUARD?

Currently supported functions are:

  1. Stop following all traders: once activated, it will stop following opening position and existing position will continue to follow closing.

  2. Equity protection: when the account equity is lower than the setting value, the system will close all positions and stop following all traders. You need to reactivated if you want to follow again.

  3. Maximum trading volume: if you are following by prorate, it will open position with the maximum volume when the following volume exceeds the setting value.

  4. Maximum position: no new position will be accepted if the total position exceeds the setting value. Only when the total position is less than the setting value will it continue to follow the opening position.

  5. Follow the specified symbols only: set to only follow the trader’s one or part of the symbols to trade. It is recommended to select trader’s skilled or more profitable symbols.

  6. Signal interruption of following traders: when the trader signal you are subscribing to is disconnected from FOLLOWME for more than 15 minutes, FOLLOWGUARD will send an early warning; when the connection is interrupted for more than 1 hour, FOLLOWGUARD will automatically close all following orders. You can also trade manually in conditions.

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Invitation Program