Configuration and Operation Principles

The TradeReceiver Trial EA operational overview.

The TradeReceiver Trial EA manages only those tickets (a.k.a positions) on the account which belong to the TradeReceiver Trial EA: every order submitted to the account is marked with the Magic Number and, in return, only those tickets on the account will be considered by the TradeReceiver Trial EA which are marked with this Magic Number.

The Sender may signal trades across multiple forex pairs and timeframes at the same time. The Receiver EA executes them according to the Receiver EA configuration. The Receiver EA may enter positions for multiple forex pairs and keep them open for a period of time. The Receiver EA is NOT limited to the pair of the chart it is attached to, it may open positions on other pairs as well.

In general it is recommended to run one Receiver EA on the same broker account at a time. This helps understanding the ongoing trades and troubleshoot situation if and when needed. If multiple Receiver EA instances are run at the same time (i.e. multiple charts hosting the TradeReceiver Trial EA) then each Receiver EA must have its own unique Magic Number configured for each chart.

Using multiple 3rd party expert advisors on the same account is only viable if each and all expert advisor can manage only their own tickets on the account by following the magic number based separation logic.

IMPORTANT: If you plan to use multiple expert advisors (other than the TradeReceiver Trial EA) on the same account please ensure upfront with the expert advisor providers that their EA's are suitable for that as per the above.

MarketMagicNumber
Single chart with the EAEA default or any other
Multiple charts: EURUSD chart 112400
Multiple charts: EURUSD chart 212401
Multiple charts: EURUSD chart 312402
Multiple charts: GBPUSD chart 112403
Multiple charts: GBPUSD chart 212404
Multiple charts: GBPUSD chart 312405