What is Telegram Copier?
A Telegram Signals Copier is a tool or software designed to automate the process of copying trading signals from a Telegram channel to a trader’s own trading platform. In the context of forex trading, Telegram channels are commonly used by experienced traders or signal providers to share real-time trading signals, market analysis, and insights.
The Signals Copier acts as a bridge between the Telegram channel and the trader’s trading account. It connects to the Telegram channel, monitors for new trading signals, and replicates these signals on the trader’s platform in real-time. This automation eliminates the need for manual execution of trades based on the signals received through Telegram.
Why use Telegram Copier?
Using a Telegram Signals Copier can significantly enhance a trader’s efficiency, allowing them to act on market opportunities promptly without constantly monitoring the Telegram channel. However, it’s essential for traders to choose a reliable and secure Signals Copier to ensure accurate signal replication and protect their trading accounts.
How to Install Telegram Copier on VPS?
Follow the steps below to easily install telegram copier on a VPS and enjoy fast and secure trading that can increase your profits dramatically.
Before you set up your Telegram Signals Copier, make sure you have MT4 or MT5 pre-installed on your VPS. If you don’t, follow our quick MT4 setup guide.
Step 1: Order a Forex VPS.
After signing up and ordering a forex VPS, you will receive your login credentials with an IP address, username, and password to connect to.
Step 2: Open the Remote Desktop Connection.
To install the copier on your VPS, launch the Remote Desktop Connection program in Windows. It is usually found in your Start Menu under Accessories or search for “Remote Desktop Connection”
Step 3: Enter your IP address.
Enter your VPS’s IP address and username, and when you press connect, it will prompt you for your password.
Step 4: Download the copier.
You should now be connected to your VPS from a fresh Windows desktop. With MetaTrader installed, you can move on to the next step.
Step 5: Confirm your email address.
After you subscribe you will receive an email with a link to confirm your email address:
Click on “Confirm Email” and it will lead you to the the login form where you will be required to create login email and password:
Once you finish creating your login details, sign in to your account and it will take you to your account management page.
Step 6: Add your MT4/MT5 account ID.
On your account page, you will be able to see the download link for the installer and a section to insert your MT4/MT5 account ID:
If you are using a DEMO account, then insert your ID below the DEMO type account.
If you are using a LIVE account, then insert your ID below the LIVE type account.
In order to copy your MT4/MT5 ID simply open your application and go to: File –> Login to trade account
Then copy your Metatrader ID and insert it on the website under “Account Number” and click on “SAVE”.
Step 7: Download and Install the Copier
After entering your MetaTrader account number, click “Installer File” and the download will begin immediately, navigate to the file location and run it.
If your Windows firewall is enabled, you may need click on “More info” and then “Run anyway”:
After that, you can continue with the installation, making sure to also create a desktop shortcut; the installer will automatically place the EA in your MT4/MT5 location:
Step 8: Connect the App to Telegram
Launch the desktop shortcut you created. Enter your Telegram number with + and country code, for example +44 if you are from the United Kingdom, and click “Connect.”
Then you will receive a code to your telegram that you need to insert and click on “Confirm code”:
After you confirm the code, you will see a list of all the channels/groups that you are currently subscribed to. Tick only the channels that you want to copy from, and keep in mind that you can copy more than one channel at a time so make sure you consider before you enable more than one channel at a time!
*The app will work even when minimized.
Step 9: Adjusting the EA on MetaTrader
- Launch your Metatrader4 or Metatrader5 trading platform.
- Look to the left for the Navigator; if you don’t see it or it’s disabled, press [CTRL+N] or go to View –> Navigator.
- Click on Expert Advisers, then right-click and select “Refresh” to see the EA (Forexero Copier).
- Right-click “Forexero Copier,” then click “Attach to chart.” A confirmation prompt will appear; click “Yes.”
- The EA will open, make sure to tick “Allow DLL imports” and “Allow Algo Trading”
- Now go to Inputs and adjust the EA to your trading strategy, you can follow our guides on what each input does and our guide on the best inputs & strategies.
- After you adjust the inputs based on your needs make sure to click on “save”
- You can adjust or change the inputs any time by click on “F7”