What happens if the approved magic list changes when using the FX Blue Personal Trade Copier?

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One of the most powerful features of Strategy Samurai is that it outputs a list of magic numbers that can be read directly by the FX Blue Personal Trade Copier. Using this method it is possible to send your approved magic list to your live account while leaving all the strategies that did not meet your filtering criteria in your demo or incubator account.

Strategy Samurai approved sorted magic list displayed in text file

There are two scenarios which will affect how changes to the approved magic list are handled, which may result in orphaned trades:

Scenario 1 #

You have an existing filtering criteria, and there was an existing magic in the approved list because it met the current filtering criteria, and now the magic was removed from the list because it failed to meet the current filtering criteria after a new trade closed and its statistics were recalculated.

In this scenario there won’t be orphaned trades on the receiver account. This is because when the trades are closed on the demo or incubator account, the trade closure is also sent to the receiver account.

Scenario 2 #

You have a new filtering criteria, and there was an existing magic in the approved list because it met the previous filtering criteria, and now the magic was removed from the list because it failed to meet the new filtering criteria.

In this scenario there will be orphaned trades on the receiver account. This is because the magic was only removed because of the filtering criteria changing, not because it had a closed trade on the demo or incubator account.

You may wish to manually close select, or all, trades that are open on the receiver account when you choose a new filtering criteria.

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