MetaFX, LLC "MAM" Release
First Published Monday, 18 February 2008 from Automated Trader : Automated Trading News
MetaFX, LLC has announced its release of Multi Account Manager (MAM) software for the Metatrader 4 (MT4) server trading platform. The MAM broadens the functionality of the MT4 platform by enabling the Money Manager to effectively trade and manage multiple accounts from a single MT4 interface.
New technology introduced by MetaFX in the MAM software allows Account Managers to trade multiple accounts from a single MT4 Terminal. This becomes possible due to the fact that customer accounts are traded as sub-accounts from a single Master Account. The Master Account is traded the same way as a standard client account in MT4; however the Master Account trades are allocated to the linked (managed) sub-accounts in real time.
The MT4 platform is equipped with unique and powerful tool for automated trading called Expert Advisor. MAM is proud to announce that it has developed the only current interface available to date that enables money managers to use Expert Advisor for their managed accounts. The popularity of automated trading is quickly increasing in popularity and with MAM, Money Managers will now be able to execute algorithmic based trades to unlimited managed accounts simultaneously and in real time.
MAM software has a simple and functional interface where the Money Manager can see all information relating to their accounts and change settings and allocations. The Money Manager can control all trading positions and generate sophisticated master-detail reports with a few clicks of a button. In addition, there are four trade allocation methods for all sub-accounts, which are;
1) Lot Allocation Management Module (LAMM)
2) Percentage Allocation Management Module (PAMM)
3) Balance-proportional Allocation Management Module (BAMM)
4) Equity-proportional Allocation Management Module (EAMM)
Money manager can easily switch between allocation methods with a single click.
MAM has been designed with reliability and speed of execution in mind. In summary, MAM is implemented as a server plug-in, fully integrated into an MT4 Server. All processing is centralized and server based which allows for the fastest and most reliable integration possible. Hundreds of accounts can be traded simultaneously with virtually no delays in allocations. In addition, server based architecture makes it simple to update the software when required.
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