Market Only copies only what actually fills on the leader: each leader execution is sent to the follower as a market order. The leader’s working orders, such as limit entries, stops and targets, are not placed on the follower, so the follower tracks the leader’s position fill by fill with far fewer orders to manage.
Executions only: the follower copies the leader’s fills, including partial fills, as market orders sized by your copy method.
No working orders on the follower: limit and stop orders that have not filled on the leader, including its stop loss and profit target, are not copied.
Leftover fractions carry over: quantities round down to whole contracts or shares, and the leftover fraction is added to later fills.
Local and remote followers: it works for followers on the same computer and on other computers, over your local network or the internet.
Per follower: turn it on only for the followers you choose. It cannot be combined with ATM Copy on the same follower.
How it works
Entries
A market entry on the leader is copied as soon as it fills. A limit or stop entry on the leader is not copied while it is working: the follower waits, and enters with a market order only when the leader’s order fills. If the leader’s order fills in parts, the follower receives one market order for each part, sized by your copy method.
A working limit entry on the leader (left) is not copied to the Market Only follower (right)
Exits
The leader’s stop loss and profit target are not copied, so the follower has no exit orders at the broker. When one of the leader’s exits fills, that execution is sent to the follower as a market order in the exit direction, sized by your copy method. When you close the leader’s position with NinjaTrader’s Close button, the Market Only follower’s position on that instrument is flattened, whatever its size.
The leader (left) has a stop and a target; the Market Only follower (right) holds the same position without them
Quantities
Each market order is sized with the tab’s copy method, such as Exact Quantity, Ratio or Pre Allocation. With Exact Quantity the follower receives the same quantity as each leader fill. With the other methods, quantities are rounded down to whole contracts or shares and the leftover fraction carries over to the next fill. For example, with Ratio 0.5 and a 2-contract leader entry that fills in two parts of 1, the first fill gives 0.5 and nothing is sent; the second adds another 0.5 and the follower receives 1 contract. With Pre Allocation, each leader order is copied with the follower’s pre-allocated quantity, spread over that order’s fills.
When to use it
You care more about the follower holding the same position as the leader than about matching the leader’s average price.
You copy an automated strategy that works many limit or stop orders, and you want the followers to follow its position rather than every order it places.
Your followers are Tradovate accounts and you run into Tradovate’s API rate limit and frozen orders. Copying only executions sends fewer orders and no order changes to the follower’s broker.
The trade-off is price. Every follower order is a market order, so it can fill at a different price than the leader’s limit or stop, for better or worse. The follower’s average price and PnL can end up further from the leader’s than with regular copying.
How to set it up
In the Follower Accounts grid, find the Market Only column, which shows a diamond for each follower.
Click the diamond of each follower that should copy only executions. Green means on, grey means off.
If a diamond is dimmed and its tooltip says Market Only is unavailable, ATM Copy is on for that follower: click its triangle in the ATM Copy column to turn it off first. A dimmed diamond can also mean the follower is in a trade and its settings are locked.
Make sure the follower itself is on in the On column.
For followers on another computer, turn on Market Only in the Replikanto tab on that computer (Network Node Mode (Local Network) or Remote Node Mode (Internet)). The setting belongs to the follower, wherever the leader is.
Consider turning on Follower Guard, for example Flatten the follower if it becomes out of sync, and test on Sim accounts first.
The Market Only column in the Follower Accounts grid
Click the diamond to turn Market Only on or off for that follower
Sim102 copies only the leader’s executions
Good to know
A Market Only follower has no stop loss or profit target at its broker. If the connection to the leader is lost, the follower’s position stays open without a stop, so watch it closely and consider Follower Guard.
Moving or cancelling the leader’s stop or target changes nothing on a Market Only follower: only fills are copied.
Flatten All also closes Market Only followers, including one that Follower Guard has disarmed.
Market Only and ATM Copy cannot be combined on the same follower. Turn one off before turning the other on.
With Lock follower settings while in a trade on (the default), you cannot change a follower’s Market Only while it holds a position or a working order.
Market Only works with Cross Order: the market order goes to the follower’s Cross Order instrument.
With a small ratio, a small fill can round down to zero and wait for the next fill before anything is sent.
With Pre Allocation, each leader order is copied with the pre-allocated quantity. If the leader exits in several orders, such as two profit targets, each one sends the full pre-allocated quantity and can take the follower past flat into an opposite position: with Market Only and Pre Allocation, exit with one order, or use Ratio.
The follower’s broker can still reject a market order, for example for margin or position limits.
You remain responsible for making sure your use of Replikanto complies with each broker’s, platform’s and prop firm’s applicable rules and account agreements.
Follower Guard watches your follower accounts and warns you when one stops matching the leader. If you choose, it also cancels a follower entry that did not fill, flattens a follower that stays out of step, disarms it so it stops copying, and sends you an e-mail, so a problem on one account does not keep growing while you trade.
Status at a glance: each follower shows whether it is On, Out of sync, Disarmed or Off.
Automatic actions: cancel an unfilled follower entry, or flatten a follower that is out of sync, in the opposite direction or hit by an order error, after a delay you set.
Disarm and alert: with Disarm Followers on, a follower that Follower Guard acted on stops copying until you rearm it, and you get a message and an optional e-mail.
Rithmic position check: on Rithmic accounts, Replikanto re-reads a follower’s real position from the broker before Follower Guard or a Replikanto flatten acts on it.
You decide how strict it is: every action is off by default; only Disarm Followers is on.
How it works
Follower status
The dot in the On column of the Follower Accounts grid shows each follower’s state. Hover over it for a short description.
Out of sync (yellow): the follower’s position does not match the leader’s. It keeps copying trades as usual.
On (green): the follower copies the leader and matches it.
Off (gray): the follower does not copy, and Follower Guard leaves it alone.
Disarmed (red): Follower Guard acted on this follower. It copies no new orders until you rearm it, but it is still flattened when the leader closes its position.
Click a follower’s dot to turn it On or Off. Clicking the dot of a Disarmed follower turns it back On.
When a follower is Out of sync
Each time positions change, Replikanto waits for them to settle and then compares every follower that is On with the leader, on the tab’s instrument (or on the follower’s Cross Order instrument). It checks the direction (long, short or flat) and the quantity the tab’s copy method says the follower should hold. A difference in either marks the follower Out of sync. When the positions match again, the follower turns back On by itself.
Out of sync is a warning, not an action: the follower keeps copying. You can close it yourself with the Flatten button (×) on its row, or let one of the options below act for you.
A follower marked Out of sync
Some followers are compared in a way that fits their copy method, so they are not flagged for a position they are meant to hold:
Negative Ratio: the follower’s direction is inverted before the comparison, so a follower that trades the opposite side on purpose is in sync.
Pct Change: not marked Out of sync. This method adds to or reduces the position the follower already holds, so there is no leader size or direction to match.
Ratio with decimals, Available Cash, Net Liquidation, Pooled Quantity (more than one follower) and Pre Allocation: each leader entry is sized and rounded down on its own, so Replikanto allows for the small shortfall that rounding leaves on a follower that scaled in with the leader. A follower holding more than expected is still flagged.
A flat follower sized to zero: when the copy method gives a follower 0 contracts, a flat follower is in sync.
The NinjaTrader Log tab records why each follower was marked Out of sync (direction or quantity), with the leader, follower and expected quantities.
The Follower Guard options
All options are in the Follower Guard group of the Replikanto Properties. They apply to the tab you open them from.
The Follower Guard group in the Replikanto Properties
Cancel the follower entry order if it is not filled
When the leader’s entry order fills, even partly, Replikanto starts a countdown set by Cancel the follower entry order after X seconds (5 by default). If a follower’s copy of that entry has not received any fill when the time is up, Replikanto cancels it, together with the stop and target this tab copied for that entry on the same instrument. The follower’s other working orders, on another instrument, placed by hand or copied by another Replikanto tab, stay in place. A partially filled entry is left working. With Disarm Followers on, the follower is also disarmed.
Cancel an unfilled follower entry
Flatten the follower if it becomes out of sync
When a follower turns Out of sync, a countdown starts, set by Flatten the follower if it becomes out of sync after X seconds (10 by default). It is a grace period:
If the follower comes back in sync before the time is up, nothing is sent.
Each time this follower’s position on that instrument changes while it is Out of sync (each fill, including partial fills), the countdown starts again, so a follower that is still being filled in parts is not closed while it catches up. Updates from unrelated connections or accounts do not restart it.
When the time is up, Replikanto checks the follower again and flattens it only if it is still Out of sync and still has a position or a working order on that instrument. The flatten closes the position and cancels the working orders on that instrument.
Then, with Disarm Followers on, the follower is disarmed.
Keep the delay long enough for ordinary fill and reporting delays. A very short delay can close followers that were only catching up with the leader.
Flatten a follower that stays out of sync
Flatten the follower if its position is in the opposite direction
This option acts only when the leader and the follower both hold a position, on opposite sides. A quantity difference alone does not trigger it. Its countdown is set by Flatten the follower if it is in the opposite direction after X seconds (5 by default) and restarts each time a position changes on the tab (the leader’s or any follower’s) while this follower is still out of step. When both options are on, the shorter delay acts first; with the default delays, that is this one.
Flatten a follower in the opposite direction
Flatten the follower when an order fails
These options watch the orders Replikanto copies to the follower. When the broker or NinjaTrader reports one of the errors you selected, Replikanto waits the delay in Flatten follower in the event of an error after X seconds (3 by default), disarms the follower if Disarm Followers is on, and flattens it on that order’s instrument.
Flatten follower if any submitted order is rejected: the broker rejected the order.
Flatten follower if it was unable to submit order: the order could not be submitted.
Flatten follower if the changing order submitted returns in error: a change of price or quantity failed. A change that fails only because the order had just filled or been cancelled does not trigger it.
Flatten follower if the cancellation order submitted returns in error: a cancellation failed.
Flatten follower if an unspecified error is returned: the operation was aborted or ended with an unspecified error.
Flatten a follower when one of its orders fails
Exit-stop protection works together with the change option. When the leader moves an exit stop to a price the market has already passed, Replikanto waits for the leader’s result, then places the follower’s stop at a valid price and retries if the market keeps moving. A change the broker rejects while that retry is under way does not trigger the flatten; the flatten runs only if the retries run out. This helps avoid stop desync and unwanted flattening, although rare broker rejections are still possible.
Disarm Followers
Disarm Followers is on by default. After any Follower Guard action, the follower is disarmed: its dot turns red and it copies no new orders from the leader until you rearm it. With Disarm Followers off, the actions still run, but the follower stays armed and copies the leader’s next trade.
You can switch it in the menu you get by right-clicking the Replikanto window, or in the Properties. Both change the same setting.
Disarm Followers in the Replikanto menu
Disarm Followers in the Replikanto Properties
When a follower is disarmed
When the first follower on a tab is disarmed, Replikanto brings the tab to the front, outlines the follower grid in red and shows Follower Guard’s Account(s) disarmed message with the leader account and instrument. If you set an e-mail address, the alert is sent at the same moment. While a follower on the tab is still Disarmed, further disarms do not repeat the message or the e-mail.
The message shown when a follower is disarmed
E-mail alerts
Enter an address in E-mail to receive follower disarm alerts and, if you like, a subject in E-mail Subject. The address and subject are shared by all your Replikanto tabs. Replikanto sends the e-mail through NinjaTrader, so NinjaTrader needs a default e-mail share service: in NinjaTrader, go to Tools > Options > General > Share services, add an Email service and mark it as the default. See NinjaTrader’s General options help.
The e-mail fields in the Follower Guard group
The e-mail names the leader account and instrument:
Example of a disarm alert e-mail
Rearm
The Rearm button is shown while Disarm Followers is on, or while any follower on the tab is Disarmed, and you can click it once a follower is Disarmed. You can rearm followers in several ways:
Rearm: every Disarmed follower on the tab turns back On, and the sync check runs again.
Flatten (×) on the follower’s row: flattens that follower on the tab’s instrument (or its Cross Order instrument) and turns it back On right away, without waiting for the position to show flat.
The follower’s dot in the On column: turns that follower back On.
Flatten All: flattens the leader and its followers that are not Off, on the tab’s instrument (or the follower’s Cross Order instrument), including Disarmed and Market Only followers, then turns back On each Disarmed follower whose position shows flat. A follower that still shows a position stays Disarmed: check it in NinjaTrader and rearm it once it is flat. With Pct Change, closing the leader’s position does not close the followers’ positions (Market Only followers excepted), so check Pct Change followers in NinjaTrader after Flatten All.
Rearming does not reopen any position that was closed. Copying restarts from what the accounts hold now, so before you rearm in the middle of a trade, check that the follower is flat and that you want it to follow the leader’s current position.
The Rearm button
Rithmic accounts: the position is re-read first
Rithmic does not always report position changes in step with fills, so NinjaTrader can show a Rithmic account in a position the broker has already closed, or miss a fill. Acting on that position could open a real one. To reduce that risk, Replikanto asks Rithmic for the account’s real position, with no order sent:
before it flattens a follower, whether the flatten comes from Follower Guard, the row’s Flatten button, Flatten All or a leader Close copied to the followers;
before the out of sync countdown flattens a follower, and during the sync check when a recent fill had no position update;
on its own, shortly after a fill on a Rithmic account that was not followed by a position update.
This is the option Refresh a Rithmic account’s position before acting on it in the General group of the Properties. It is on by default, covers every Rithmic account, leader or follower, and applies to all Replikanto tabs.
Remote node status
Computers that receive trades from this one are listed under Replikanto Nodes. Their dot shows only whether the node is On, Off or Away:
On (green): the node receives the trades.
Off (gray): nothing is sent to the node.
Away (red): the last trade did not reach the node, or the node answered with an error. The node list is outlined in red.
Replikanto keeps sending trades to an Away node, and the node turns back On when one gets through. Check the NinjaTrader Log tab on both computers to find the cause. If an internet node stays Away, turn it Off until the problem is solved, so Submit credits are not spent on copies that may not arrive.
A node marked Away
How to set it up
Right-click the Replikanto window and choose Properties….
In the Follower Guard group, leave Disarm Followers checked if a follower should stop copying after Follower Guard acts on it.
Check the actions you want and set their delays: Cancel the follower entry order if it is not filled, Flatten the follower if it becomes out of sync, Flatten the follower if its position is in the opposite direction, and any of the Flatten follower if… error options with Flatten follower in the event of an error after X seconds.
Optionally, enter E-mail to receive follower disarm alerts and E-mail Subject, and set up a default e-mail share service in NinjaTrader.
If you trade Rithmic accounts, keep Refresh a Rithmic account’s position before acting on it checked in the General group.
Click OK. The settings are saved with your NinjaTrader workspace.
Open the Replikanto Properties from the right-click menu
Good to know
One tab, one instrument: Follower Guard acts on the tab’s instrument (or the follower’s Cross Order instrument). Positions the account holds on other instruments are not touched. Each Replikanto tab guards its own followers, and Rearm applies to the tab you click it on.
Followers only: Follower Guard does not act on the leader account, and it ignores followers that are Off.
Flatten is NinjaTrader’s Flatten: it closes the position with a market order and cancels the working orders on that instrument. The broker can still reject an order, so check the account after Follower Guard acts.
Followers on other computers: the out of sync check needs the leader’s position, so it runs only for followers on the leader’s computer. A follower on a computer in Network Node Mode or Remote Node Mode is not marked Out of sync, and the two flatten options that depend on it do not act there. The other options, Disarm Followers, the e-mail alert and Rearm run on the follower’s computer, with that computer’s own settings.
Rearming remote followers: the leader’s computer cannot rearm followers on another computer. Use Rearm, Flatten All or the row’s Flatten button in the Replikanto window on the follower’s computer. Flatten All on the leader’s computer also sends the flatten to the connected nodes.
Rithmic limits: the position re-read runs only while a Replikanto window is open, and followers on another computer are re-read by the Replikanto on that computer. Flatten All re-reads each follower before flattening it, but closes the leader with the position NinjaTrader shows at that moment, so if the leader’s position looks wrong, check it with your broker first. NinjaTrader’s own close and flatten buttons are not Replikanto actions and are not re-read beforehand. If Rithmic does not answer in time, the action goes ahead with the position NinjaTrader shows.
Settings locked during a trade: with Lock follower settings while in a trade on (the default, in the General group), you cannot change a follower’s sizing and copy options, or the tab’s leader account, instrument and copy method, while a trade is open. Such a change could put followers out of sync and, with a flatten option on, get them closed. Disarm Followers, Rearm, Flatten All, the row’s Flatten button and the On column are not locked.
When you trade the leader account with ScalperTicket, Replikanto can price each follower’s order at that follower’s own current bid or ask instead of copying the leader’s price, and the ticket’s close button can run Replikanto’s Flatten All. This helps in fast markets, where the leader’s price may already be gone by the time a follower’s order is placed.
Bid and ask per follower: an order placed with the ticket’s Buy Bid, Buy Ask, Sell Bid or Sell Ask button reaches each follower at that follower’s current bid or ask, except followers with a negative ratio.
Flatten All on the ticket: one click on the ticket closes the leader and its followers on the tab’s instrument.
Local and remote followers: followers on other computers price their orders at their own bid or ask too.
On by default in Replikanto: bid and ask pricing needs only ScalperTicket 1.4 or later on the leader’s computer; Flatten All on the ticket is a ScalperTicket option you turn on.
How it works
Bid and ask buttons
Replikanto normally copies a limit order at the leader’s price. When the leader’s order comes from one of ScalperTicket’s bid or ask buttons, Replikanto places each follower’s limit order at the current bid (Buy Bid, Sell Bid) or ask (Buy Ask, Sell Ask) of the instrument that follower trades, read at the moment the copy is placed. Each follower joins its own market instead of chasing a price the market may have already left.
A middle click on Buy Ask or Sell Bid places a simulated stop at the ask or the bid. Replikanto places each follower’s copy as a regular stop order at that follower’s own ask or bid.
Buy Mkt and Sell Mkt send market orders, which are copied as usual. If there is no bid or ask for a follower’s instrument at that moment, the follower’s order uses the leader’s price.
The ScalperTicket buttons that work with Replikanto’s followers.
Flatten All on the ticket
With the ScalperTicket option turned on, the ticket’s close button becomes Flatten All. Clicking it runs Replikanto’s Flatten All on every Replikanto tab that has ScalperTicket product integration checked and whose leader account and instrument match the ticket’s account and instrument: it closes the leader and the followers on that instrument, including followers on other computers. If no Replikanto tab matches, the button closes only the ticket’s own account on that instrument.
How to set it up
In Replikanto, right-click the window and select Properties…. In the General group, make sure ScalperTicket product integration is checked (it is on by default), then click OK.
Open ScalperTicket on the same computer and select the Replikanto tab’s leader account in Account and the tab’s instrument in Instrument.
To use Flatten All from the ticket, right-click the ticket and select Properties…. In the General group, check Uses Replikanto’s Flat All button action. The ticket’s close button then reads Flatten All.
For followers on another computer, keep ScalperTicket product integration checked in the Replikanto tab on that computer.
ScalperTicket Properties: Uses Replikanto’s Flat All button action.
Good to know
Same computer: ScalperTicket and the Replikanto leader tab must run in the same NinjaTrader 8.
Market data: the computer that places a follower’s order needs a bid and ask for that follower’s instrument. Without them, the leader’s price is used.
Only when the order is placed: the bid or ask is read when the follower’s order is placed. Later changes you make to the leader’s order are copied as usual.
Market Only followers:Market Only followers copy the leader’s fills as market orders, so bid and ask pricing does not apply to them.
No confirmation: Flatten All from the ticket acts right away. Replikanto’s own Flatten All button asks you to confirm first.
Negative ratio followers: their order type is inverted, so they use the leader’s price instead of their own bid or ask.
Broker rules still apply: a follower’s broker can still reject an order, for example a stop order whose price the market has already passed when it arrives.
ATM Copy lets each follower run your NinjaTrader ATM strategy on its own position, instead of copying the leader’s stop and target orders one by one. The follower’s stops and targets are sized for the follower’s own position, which makes Ratio and Pre Allocation much easier to trade.
Exits sized for each follower: NinjaTrader’s ATM strategy on the follower places the stops and targets for that follower’s quantity.
No exits without a position: the follower’s ATM strategy places its stop and target only after the follower’s own entry fills.
Your changes follow: when you move or cancel the leader’s ATM stop or target, the same change goes to the matching stop or target of each follower’s ATM strategy.
Local and remote followers: remote followers need an ATM strategy template with the same name on their computer.
Per follower: turn it on only for the followers you choose. It cannot be combined with Market Only on the same follower.
How it works
An ATM (Advanced Trade Management) strategy is a NinjaTrader template that places predefined stop loss and profit target orders once your entry fills. When you place the leader’s entry in NinjaTrader with an ATM strategy selected, Replikanto copies the entry to every follower with ATM Copy on and starts that same ATM strategy on the follower’s order. The leader’s stop and target orders are not copied to those followers: the follower’s own ATM strategy creates them. Other followers receive copies of the leader’s stop and target orders instead, except Market Only followers.
In the example below, Sim101 is the leader trading with an ATM strategy. Sim102 uses ATM Copy and Sim103 does not. In the Orders tab, the Strategy column shows that Sim102’s stop and target belong to its own ATM strategy, while Sim103 holds plain copies of the leader’s exit orders.
Sim102 (ATM Copy on) runs its own ATM strategy; Sim103 (ATM Copy off) copies the leader’s exit orders
With Ratio or Pre Allocation
With ATM Copy, NinjaTrader splits the follower’s quantity across the targets as your ATM template defines them, and any leftover quantity goes to the first target (a NinjaTrader rule). Without ATM Copy, Replikanto applies the copy method to each of the leader’s exit orders separately and rounds each one down to whole contracts, so a small exit can round down to zero and not be copied.
Take an ATM strategy (MyWinATM) with four targets of 1 contract each:
MyWinATM: four targets of 1 contract each
The leader buys 4 contracts and both followers use Ratio 0.5, so each follower buys 2. Sim102, with ATM Copy, gets its own two targets and two stops from its ATM strategy, matching its 2 contracts. Sim103, without ATM Copy, copies the leader’s exits: each one is 1 contract, which becomes 0.5 at Ratio 0.5 and rounds down to zero, so Sim103 is left with no exit orders.
Ratio 0.5: Sim102 (ATM Copy) is protected, Sim103 has no exits
The same happens with Pre Allocation. Here both followers are pre-allocated 4 contracts and the leader trades 1, so the leader’s ATM strategy places a single target. Sim102’s ATM strategy spreads its 4 contracts across all four targets of the template, while Sim103 copies the leader’s single target and stop at 4 contracts.
Pre Allocation 4: Sim102 (ATM Copy) uses all four targets
Moving and cancelling stops and targets
When you move or cancel the leader’s ATM stop or target, Replikanto applies the same change or cancel to the matching stop or target of each follower’s ATM strategy. Each follower’s ATM orders use their own OCO group, so a fill on one account does not cancel another account’s orders on the same broker connection.
When the leader does not use an ATM strategy
ATM Copy only acts on leader orders placed in NinjaTrader with an ATM strategy. Any other trade, including one that reaches the leader account from outside NinjaTrader such as TradingView, is copied as usual, with the leader’s exit orders copied to the followers. That is why you can leave ATM Copy on for followers that should use it whenever the leader does.
Remote followers
ATM Copy also works for followers on another computer, over your local network (Network Node Mode) or over the internet (Remote Node Mode). The follower computer starts its own saved ATM strategy template with the same name as the leader’s, so that template must exist there. Replikanto uses the follower computer’s copy of the template, so keep its targets and quantities the same as the leader’s: if they differ, moving or cancelling the leader’s stops and targets may not match the follower’s. A custom ATM strategy that is not saved as a template works for local followers only.
Leader: a follower computer on the same local network, turned on in Replikanto Nodes
Follower computer: Sim101 with Ratio 4 and ATM Copy on
The leader sent 1 contract. Because the follower computer has the MyWinATM template with the same name, Sim101 bought 4 contracts and its ATM strategy placed four targets and four stops:
Remote follower: 4 contracts managed by its own MyWinATM strategy
If the follower computer does not have a template with that name, the follower is copied as if ATM Copy were off: it receives the leader’s exit orders.
How to set it up
Right-click the Replikanto window (for example the left panel with Instrument and Leader Account) and make sure ATM Copy is checked. It is checked by default, shows the ATM Copy column for that tab and is saved with your workspace. When it is unchecked, the column is hidden and no follower on that tab uses ATM Copy.
In the Follower Accounts grid, click the triangle in the ATM Copy column of each follower that should run the leader’s ATM strategy. Green means on, grey means off. It is off for every follower until you turn it on.
If a triangle is dimmed and its tooltip says ATM is unavailable, Market Only is on for that follower: click its diamond in the Market Only column to turn it off first. A dimmed triangle can also mean the follower is in a trade and its settings are locked.
For followers on another computer, do the same in the Replikanto tab on that computer (Network Node Mode (Local Network) or Remote Node Mode (Internet)), and save the ATM strategy there as a template with exactly the same name as the leader’s.
Place the leader’s trade in NinjaTrader with the ATM strategy selected, and test it on Sim accounts first.
The ATM Copy option in the Replikanto right-click menu
ATM Copy column: green triangle means on for that follower
Good to know
ATM Copy and Market Only cannot be combined on the same follower. Turn one off before turning the other on.
With Lock follower settings while in a trade on (the default), you cannot change a follower’s ATM Copy while it holds a position or a working order, and the ATM Copy menu option is locked while any follower on the tab is in a trade.
An ATM strategy applied from the Positions tab to a position that is already open is not copied: followers with ATM Copy on get no stop or target from it, and followers with ATM Copy off receive plain copies of its orders. Select the ATM strategy before you place the entry.
Remote followers need a saved ATM strategy template with the same name on their computer. A custom ATM strategy that is not saved as a template works for local followers only.
With ATM Copy, NinjaTrader decides how the follower’s quantity is split across the targets. Plan your template’s target quantities with the followers’ quantities in mind.
If your ATM template uses a Custom Stop Strategy, use a regular stop loss when copying at a ratio other than 1: the custom stop does not account for the follower’s scaled quantity.
The follower’s broker can still reject an order. With the matching options turned on, Follower Guard can flatten and disarm a follower when that happens or when it gets out of sync.
Stealth Mode reduces Replikanto-specific identifiers in order metadata, including order names and OCO labels. It is an option for advanced users: Replikanto then keeps the link between each leader order and its follower copies itself, so it asks for a little more care when you close NinjaTrader with orders still working.
Order names: follower orders carry no Replikanto tab identifier in their name; a copied order keeps the leader order’s own name.
OCO ids: each follower account gets its own OCO id for each bracket, with no Replikanto identifier in it.
Changes still follow: Replikanto keeps the link between leader and follower orders, so when you move or cancel a leader order, the follower copies follow.
Off by default: you turn it on per Replikanto tab, in Properties.
How it works
To know which follower order is the copy of which leader order, Replikanto needs a link between them. Stealth Mode changes where that link is kept.
Without Stealth Mode
Replikanto writes the link into the follower order itself. The order name is the leader order’s name followed by part of the leader order’s id and the Replikanto tab identifier. The OCO field holds the leader’s OCO id followed by the tab identifier and a number that identifies the follower account. Because the link travels with the order, Replikanto can find the follower copy of a leader order after NinjaTrader restarts. ATM Copy followers are the exception: Replikanto keeps their link itself, as it does with Stealth Mode.
Without Stealth Mode: the follower orders’ Name and OCO carry the Replikanto tab identifier.
With Stealth Mode
Replikanto keeps the link in its own memory instead of writing it into the order. The follower order keeps the leader order’s own name (Market Only copies are sent with no name), and its OCO field holds an id made for that follower account alone: the two legs of one bracket share it, and no other account, leader included, uses it. So a fill on one account does not cancel a working order on another account, even when several accounts share the same broker connection.
When a leader order is renamed, Replikanto updates its link, so later changes and cancels of that order still reach the follower copies.
With Stealth Mode: no Replikanto identifier in the follower orders’ Name or OCO.
When you close NinjaTrader with orders working
Because the link is not written on the orders, Replikanto cannot rebuild it from the orders after a restart. When you close the Replikanto window, or NinjaTrader, while this tab’s followers still have working orders, Replikanto saves the links to a file and reads them back when you reopen the same saved workspace.
The links are lost if NinjaTrader closes unexpectedly, or if you open a new Replikanto window instead of the saved workspace. Replikanto then no longer copies later changes or cancels of those leader orders: check the follower orders that are still working and manage them by hand. With no working orders when you close, there is nothing to lose.
How to set it up
Make sure the tab’s followers have no working orders on the tab’s instrument. While they do, the option is shown but cannot be changed.
Right-click the Replikanto window and select Properties….
In the General group, check Stealth Mode (for advanced users only).
Click OK.
For followers on another computer, repeat these steps in the Replikanto tab on that computer.
Right-click the Replikanto window and select Properties.
Stealth Mode is in the General group of the Replikanto Properties.
Good to know
Per tab: the option applies to every follower of the tab where you turn it on. Other Replikanto tabs keep their own setting.
Remote followers: with Network Node Mode or Remote Node Mode, the follower orders are placed by the Replikanto tab on the follower’s computer, so that tab’s setting is the one that applies to them.
What it does not change: which orders are copied, their quantities and their prices are the same with Stealth Mode on or off.
Closing with orders working: close NinjaTrader normally and reopen the same workspace to keep the links. The safest moment to close is when no leader or follower orders are working.
Your responsibility: you remain responsible for complying with all applicable broker, platform and prop firm rules and account agreements.
Replikanto$0.00–$399.00Price range: $0.00 through $399.00
Scalper Ticket$0.00–$129.00Price range: $0.00 through $129.00
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