Insiders
General Information
The Insiders trigger detects transactions where a large profit is gained within a short time after opening a trade.
⚠️ This type of trading is commonly associated with Insider Trading.
📌 The trigger notifies the dealer about traders who may be engaging in insider trading.
🔹 Global Settings: The trigger settings apply to all account groups, though specific accounts can be excluded if needed.
Menu Navigation
📌 You can find the Insiders trigger under:
Risk Management → Event Triggers
Edit Settings ⚙️
Available Settings
| Parameter Name | Description |
|---|---|
| Transaction Monitoring Time | If a trade makes a profit within this time, the trigger activates. |
| Profit in Spreads | The trigger reacts if the profit exceeds the specified value. |
| Use Profit, USD | The trigger reacts if the profit exceeds the specified value. |
| Use Profit in Commissions | The trigger reacts if the profit exceeds the specified value. |
| Check Total Realized PnL | Enables/disables realized PnL monitoring. |
| Minimum Total Realized PnL, USD | The minimum total realized profit required for the trigger to generate a notification. |
| Check Unrealized PnL | Enables/disables unrealized PnL monitoring. |
| Minimal Unrealized PnL, USD | The minimum unrealized profit required for the trigger to generate a notification. |
Permissions
| MT4 | MT5 |
|---|---|
| No specific permissions are required. | No specific permissions are required. |
Trigger Logic 🔍
How It Works:
1️⃣ When a new order is created, the trigger monitors it for a specific time period (set in Transaction Monitoring Time).
2️⃣ During this time, the trigger analyzes the trade’s profit using either:
- USD profit (if the "Use Profit, USD" setting is enabled).
- Profit in spreads (measuring the difference between the actual price and the initial order price).
3️⃣ If the profit exceeds the defined thresholds, the system generates a notification marking the account as a possible insider.
4️⃣ If the transaction closes with a loss, the notification is removed.
Additional Filters:
✅ The trigger ignores accounts with a negative total profit.
✅ It ignores accounts where the total symbol volume is less than or equal to the individual order volume (to filter out hedging positions).
🎯 Key Takeaways:
✅ Detects suspicious rapid profits potentially linked to insider trading.
✅ Uses multiple profit thresholds (USD, spreads, commissions) to improve accuracy.
✅ Ignores losing trades & negative PnL accounts to reduce false positives.
✅ Ensures detailed transaction insights in the dealer's notifications.