Coverage Account – Bucketing and Auto Hedging Plugin for MT5 by Your Bourse
The Coverage Plugin is a powerful tool in MT5 that enables a wide range of capabilities and functions within the platform. Its primary purpose is to add up the opened positions from the trading accounts on the same server. It offers more than just that. This article will examine the Coverage Plugin’s features and the setup process, as well as explore different scenarios in which it could be used effectively.
Understanding the Coverage Plug-In
The Coverage Plugin for MT5 has multiple functions. One of them is to accumulate position volumes on the same server. Your Bourse offers several additional features:
- Volume Hedging: This feature allows you to hedge the volume of lots between the trading and coverage accounts. This function allows for the accumulation of trading lots from the trading account to the trading on the same server or different servers.
- Symbol Mappings allows you to translate mapped symbols into core symbols or other mapped symbol. This allows for the transference of volumes, such as EURUSD.m from the trading account into EURUSD on the coverage…