Clone Algo App User Guide



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This document sets out the User Guide to operate the Clone Algo App. T rading financial markets carries a high level of risk if there is anything in the documents you do not understand, please contact us as soon as possible. Any advice in this document or subsequent correspondence is general advice only and is based solely on consideration of the investment or trading merits of the financial products alone, without taking into account the investment objectives, financial situation or particular needs (i.e. financial circumstances) of any particular person. Before making an investment or trading decision based on the advice, the recipient should carefully consider the appropriateness of the advice in light of their financial circumstances and should seek independent personal advice. Past performance is not a reliable indicator of future results. 1 INTRODUCTION 2 2 WELCOME SCREEN 2 3 DISCLAIMER SCREEN 2 4 MAIN SCREEN 2 5 CLONE SCREEN 3 6 LOGIN SCREEN 3 7 TIMEFRAME 8 ACCOUNT STATISTICS 4 4 9 TRADING CHART 5 10 EXPLANATION 5 11 SCHEDULE A: GLOSSARY AND INTERPRETATION OF TERMS 8 Page 1

1 INTRODUCTION GO ALGO offers a host of forex, shares and CFDs trading applications, tailored to meet the specific requirements of each individual trader, providing them with the ultimate trading experience. The CLONE ALGO app provides quick and easy access to a range of algorithms for trading and is available on your Android smart phone. The main features in the CLONE ALGO app include: Algorithm based trading A selection of algorithms to choose from Convenient one touch access to your trading account Live monitoring of your trading account performance Historical monitoring of your trading account performance 2 WELCOME SCREEN Figure 0-1 To start the CLONE ALGO app for the first time: 1) On the apps section of your Android device, click on the CLONE ALGO app. 2) The Welcome screen displays for a short time. After that, the Disclaimer screen displays. 3 DISCLAIMER SCREEN Figure 0-2 1) On the Disclaimer screen, touch Accept to agree the End User Agreement with Go Algo. 2) CLONE ALGO Main Screen displays. 4 MAIN SCREEN Figure 0-3 CLONE ALGO main screen features the following buttons: Page 2

1) Clone Algos displays the Clone screen listing other accounts P&Ls with Clone option. 2) My Account displays your account Statistics screen. 3) Algo University opens News page on algo trading industry in your Android browser. (Functionality to be added) 4) Algo TV displays a choice of TV Programs on Algo-Trading. (Functionality to be added) 5) Trade displays the Trade screen. (Functionality to be added) 6) Algo Bazaar displays social Algo-Trading Portal in your Android browser. (Functionality to be added) 5 CLONE SCREEN Figure 0-4 Cloning trading algorithms from FOREX public accounts is quick and convenient way of changing your trade situation provided by CLONE ALGO solution. The list of currently working algorithm sets is displayed on the Clone screen. The table on the screen displays the P&L value for each particular public account (algorithm set) listed in it as applied to the selected timeframe. Cloning a public account, you copy all its trading algorithm settings to your own account. To clone a public account, touch Clone button next to the account s name. After that, the Go ALGO client support will be automatically notified of your decision. The selected algorithm set will be added to your account and you will receive a confirmation email. You will see the change of your trading set in Your Account section. 6 LOGIN SCREEN Figure 0-5 Page 3

To log into your account with CLONE ALGO, prepare your Login and Password you have obtained together with CLONE ALGO Android solution. Perform the following: On the CLONE ALGO main screen, touch My Account. The Login screen displays. Enter your GO ALGO user name and password in the prompted fields. Click Login. After that, the Account Statistics screen displays. 7 TIMEFRAME The dropdown box on the table title bar allows for selecting the timeframe as follows: 1 week 1 month 3 months 1 year All 8 ACCOUNT STATISTICS Figure 0-6 Your Account section consists of the following screens: Account Stats screen: displays current trading statistics for your account. Trading Chart screen: displays trading graph as applied to selected timeframe and algorithm group. Order List screen: displays the list of your current orders with last changes. Orders History screen: displays the list of your closed orders with last changes made. Page 4

9 TRADING CHART Figure 0-7 To access your Trading Chart screen, touch any statistics button on your account s Account Stats screen. The P&L graph will be displayed on the screen. Your Account Trading Chart screen The following options are available on this screen: Change algorithm group Change timeframe Both algorithm group and timeframe are changed by selecting an option from the dropdown boxes above. 10 EXPLANATION Name: The name we have given the algo Age: How long the algo Cloned Accounts: The number of other accounts copying that algo master account Balance: The total cleared balance of that algo master account $P&L: The total cleared profit in $ amount of that algo master account %P&L: The total cleared profit in %l amount of that algo master account My Account Login: Your account number provided by us Password: Your account password provided by us then changed by you. Dashboard Page 5

Profit: Total amount of floating profit in your account measured in $ Deposits / Withdrawals: Total amount in $ that you have deposited and withdrawn from your account Current Balance: Total current balance in $ amount of cleared funds in your account Open Positions: The amount in $ of open trades in your account Max Stagnation: The largest period of decline from each peak as measured in days Max Drawdown: The largest peak-to-trough decline over a specific period for an algo. As measured in % and $ amount Average Trade: The average size of each trade as measured in $ amount Average Win: The average size of each winning trade as measured in % amount of all trades and $ amount Average Loss: The average size of each winning trade as measured in % amount of all trades and $ amount Chart: A statistical representation in line chart form that shows the performance of your account over a specific period of time Trades Profit: Total amount of floating profit in your account measured in $ Balance: total financial result of all completed transactions and deposit/withdrawal operations on the trading account Margin Level%: (% free margin) (equity / margin held on open trades) x 100 Margin: amount of funds being held in margin on open trades Equity: balance +/- floating profit/loss Free Margin: equity margin held on open trades History Profit: Total amount of banked profit in your account measured in $ Page 6

Balance: total financial result of all completed transactions and deposit/withdrawal operations on the trading account Margin Level%: (% free margin) (equity / margin held on open trades) x 100 Margin: amount of funds being held in margin on open trades Equity: balance +/- floating profit/loss Free Margin: equity margin held on open trades Algo University: Our free educational videos and tools Algo TV: Our free educational tv channel Trade: Our service for asset managers. Algo Bazaar: Our online store Page 7

11 SCHEDULE A: GLOSSARY AND INTERPRETATION OF TERMS Account An account of yours opened with us. Account Value Base Currency Business Day Business Hours Client Money Financing Costs Instrument Leveraged Instrument Margin, Margin Requirement Your cash ledger balance plus the sum of your floating profits on your Open Positions less the sum of your floating losses on your Open Positions The currency in which we hold your account balance and into which we convert all remittances from you to us and into which we convert the outcome of all transactions for you A day which is not a Saturday or Sunday and upon which banks are open for business in London The hours between 9:00 a.m. and 5:30 p.m. on a Business Day. Money held by us for you within the meaning of that term under the FSA Rules. A charge we make to you when a position is held open from one day to another A designated investment as such term is defined within the FMA Rules An Instrument under the terms of which you may be liable to make further payments (other than charges, and whether or not secured by margin) when the transaction falls to be completed or upon the earlier closing out of the position. An amount of money or other collateral you are required to have paid to us as a security payment as a condition of entering into or continuing to hold open a Transaction with us Page 8

Market Tolerance Level A regulated market, multilateral trading facility (as such terms are defined by the FMA Rules), organized trading facility or similar venue. The difference, either way, between our Current Price and the Client Offer Price, tested once the Client Offer Price has been received by our systems or an Electronic Service Page 9