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Your Bourse Platform User Guide

User guides
Your Bourse Summary Scheme Dashboard User Management Role Management Symbols Symbol Profiles Global Filters
FIX Connection Setup Additional FIX Session Parameters Price Filter
Aggregation Rules
MT5 Gateway Installation and Configuration MT5 Gateway Pricing Configuration MT5 Gateway Order Routing MT5 A/B book configuration MT5 DataWarehouse Plugin
MT4 Bridge Installation and Configuration MT4 Bridge Pricing Configuration Mapped symbols configuration MT4 Bridge Order Routing MT4 Bridge A/B Book Configuration MT4 Coverage Accounts MT4 Manual Hedging Groups Exposure Limit for the MT4
Dynamic Profiles
Current State The Custom Profiles Upcoming and the Past Runs
Spread Betting
FIX Session Setup MT5 External Order Listener plugin
Corporate actions configuration
Registering a Server Dividend Calculation Formula A single Dividend Adjustment Import the Dividend Adjustments Checking the Dividend Adjustments
Configuring the swaps import How to use swaps functionality Group Swaps Import
Trade Blotter Filters Trade Blotter Parameters Trade Blotter Running Options Trade Blotter Data Export Functions Subscription to the Scheduled Reports
MT5 Floating Leverage Plugin configuration MT4 Floating Leverage Functionality Configuration MT4/ MT5 Floating Leverage Rules Configuration
Setting up the Coverage Plugin Configuring the Coverage Plugin Rules Coverage and Hedging Scenarios
How to configure the Prop Trading plugin MT4 Prop Trading Plugin Use Cases
Volume Report Daily report Trade Execution Report Swap Report
Price Markup per Volume Band Negative Spread Protection Log Monitoring FIX messages Client Alerts
Dynamic Profiles

Dynamic Profiles

 

The dynamic profiles is an YourBourse feature that can be used to dynamically work with pricing and execution on the MetaTrader 4 and the Metatrader 5 servers. It enables users to create and configure various profiles for markup and routing settings for the MetaTrader 4 and the MetaTrader 5, as well as to schedule these profiles to activate at designated times.

 

There are two kinds of the profiles in the Dynamic Profiles: the current state and the custom profiles.

The current state corresponds to the present markup and routing configuration on the MT4/MT5 servers.

For their own part, the custom profiles allow one to change the markups and routing parameters and schedule them for specific time period.

 

How to find the Dynamic profiles?

 

The access to the dynamic profiles can be found under the “Trading Infrastructure” section by selecting “MT4 bridges and MT5 gateways” followed by “Manage”, on the desired bridge or gateway, and then “Configuration”.


 

There are several markup and routing parameters that can be configured on the page:

  • Bid Markup - the markup in pips to the bid price.

  • Ask Markup - the markup in pips to the ask price.

  • Minimum Spread - the minimum allowable spread shown to the client.

  • Maximum Spread - the maximum allowable spread shown to the client.

  • Target spread, % - the value of the spread as a percent from the price. Applicable only of the Target spread is bigger than the Liquidity Provider raw spread (if the Force target spread parameter is set to False).

  • Force target spread - if True, then Target Spread will overwrite all other markups.

  • Volume-Based Markup - price markup per volume band parameter

  • Execution Volume-Based Markup - a price markup per volume band by account/group.

  • Primary liquidity pool - the liquidity pool from which pricing information is taken

  • Negative Spread Rejection - parameter that allows rejecting a trade while the negative spread from Liquidity Provider.

  • Negative Spread Markup - parameter that allows swapping bid and ask price while the negative spread from Liquidity Provider.

  • Spread Betting - parameters that enables spread betting mode for a trade.

 

Please note, that there’s a small difference between MT4 and MT5 Dynamic Profiles page. For MT4 there’s an additional column

  • Taker Symbol - MT4/MT5 symbol

In MT4 there’s an option to apply additional filter, both by Symbols and Taker Symbols. While on MT5 there’s only Symbols based filter.

 

All the parameters could be configured in one of the two ways. Either as default parameter, and in this case it will be apply to all the enabled symbols in the MT4/MT5 servers.

 

Otherwise, as a symbol parameter, and in this case it will apply only to the specific symbols.