Documentation

Everything you need to know

MEXC Manager

SL/TP Copying

Understanding how stop loss and take profit orders are synchronized.

Overview

When the Copy SL/TP setting is enabled, stop loss and take profit orders from the master are automatically created on follower accounts.

How It Works

On Position Open

When the master opens a position with SL/TP:

  1. 1. Master position opens with SL at $95 and TP at $105
  2. 2. Followers open their positions (with adjusted volume)
  3. 3. SL/TP orders are created on followers at the same price levels

Price Levels

SL/TP prices are copied as-is:

  • Master SL: $95 → Follower SL: $95
  • Master TP: $105 → Follower TP: $105
  • The prices are absolute, not relative to entry
Same Prices, Different Volumes

SL/TP prices are identical across all accounts. Only the position volume differs based on the copy ratio.

SL/TP Updates

When the master modifies SL/TP on an existing position:

  1. 1. The change is detected via WebSocket
  2. 2. Follower SL/TP orders are updated to match
  3. 3. This happens automatically without manual intervention

SL/TP Cancellation

If the master cancels an SL or TP order:

  • The corresponding orders on followers are cancelled
  • This keeps all accounts synchronized

When SL/TP Triggers

SL/TP orders trigger independently on each account:

  • Master's SL triggers → Master position closes
  • Follower SL triggers → Follower position closes
  • They may trigger at slightly different times due to execution
Independent Execution

SL/TP orders are independent per account. If the master's SL triggers, follower positions close when their SL triggers, which may be at a slightly different time.

Enabling/Disabling SL/TP Copying

During Group Creation

In Step 5 of the group creation wizard:

  • Toggle Copy Stop Loss / Take Profit on or off
  • Enabled by default

Editing Existing Group

To change the setting on an existing group:

  1. 1. Stop the copy trading group
  2. 2. Edit the group settings
  3. 3. Change the SL/TP toggle
  4. 4. Save and restart

When to Disable SL/TP Copying

You might want to disable SL/TP copying if:

  • Followers want different risk management
  • Account balances differ significantly (different risk tolerance)
  • You prefer manual SL/TP management on followers

SL/TP with Partial Closes

When partial closes happen:

  • SL/TP volumes are adjusted proportionally
  • If master closes 50% of position, follower SL/TP volumes adjust
  • This maintains consistent protection levels

Best Practices

  • Enable SL/TP copying - Protects all accounts consistently
  • Use reasonable levels - Avoid extremely tight stops that might trigger early
  • Consider slippage - Stops may execute at slightly different prices
  • Monitor positions - Check that SL/TP orders are created correctly

Next Steps