Connect Your Accounts
Social Trader Tools now supports your Traddoo challenge and funded accounts! We're going to walk you through the process of connecting your MT5 trading account to Social Trader Tools on the Osprey-Demo Server. This powerful integration will not only enhance your trading experience but also provide you with a set of advanced tools to manage your trades more effectively.
What is Social Trader Tools?
Social Trader Tools is a web-based platform designed for MT4 and MT5 users. It offers a suite of features that help traders manage their trades, including a trade copier feature and a mapping feature. These features are particularly useful when you want different brokers to communicate with each other.
Setting Up Your MT5 Account on Osprey-Demo Server
First, you need to locate your MT5 credentials from the Traddoo Support Team in your email. Support will send you this email upon purchase, completion of phase 1, and upon issuance of your funded account.
Once you locate your account credentials, you can connect your account to Social Trader Tools. Here's how:
Visit the Social Trader Tools website and log into your account.
Navigate to 'Settings' and click on 'Add Account'.
Enter your MT5 account details, including your account number and the server name (Osprey-Demo).
Click 'Save' to add your account.
Using the Trade Copier Feature
The trade copier feature in Social Trader Tools allows you to copy trades from one account to another. This is especially useful if you manage multiple accounts or if you want to follow the trades of another trader. Here's how to use it:
Navigate to 'Trade Copier' in Social Trader Tools.
Click on 'Add New'.
Select the account you want to copy trades from (the ‘Copy From’ account) and the account you want to copy trades to (the “Send To” account).
Adjust the settings according to your preferences, such as the lot size and the type of trades to copy.
Click 'Save', and then be sure to click the stop button and change the copier to “ON”
Using the Mapping Feature
The mapping feature in the trade copier allows different brokers to communicate with each other. This is particularly useful when the symbols for the same asset differ between brokers. Here's how to use it:
In the 'Trade Copier' settings, click on 'Mapping'.
Click on 'Add New'.
Enter the symbol as it appears in the “Send To” account and the corresponding symbol in the “Copy To” account.
Click 'Save' to add the mapping.
By following these steps, you can connect your MT5 trading account to Social Trader Tools on the Osprey-Demo Server and take full advantage of the trade copier and mapping features!