Visual Copy Master/Client MT4/5 - Detailed Description and Settings

Visual Copy Master/Client MT4/5 - Detailed Description and Settings

24 April 2025, 21:37
Daniela Elsner
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Overview

This guide explains the On‑screen Panel buttons and parameters for the Visual Copy System. The focus is clarity and quick reference: Gray buttons mean disabled or deactivated.

Hotkeys: ‘S’ = toggle show/hide panel; ‘3’ = toggle show/hide trades list.


Master (Visual Copy Master)

  • ON / OFF
    Enables or disables the Master mode (functionally similar to MetaTrader’s “Algo Trading” for this copy function only; it does not affect other EAs).
  • UPDATE (Confirm / Reject)
    Enables or disables automatic updating of the copy channel. Useful when the client already has open trades that should not be affected by a new Master initialization.
  • ORD.LIST (Show / Hide)
    Shows the currently open Master trades. Each ticket entry has an orange button that deletes that specific Master trade (on the Master side this removes the Master trade).
  • Ticket button behavior (Master)
    Orange button = delete the Master trade.

Client (Visual Copy Client)

  • ON / OFF
    Enables or disables the Client side of the Visual Copy System (functionally like MetaTrader’s “Algo Trading” for this client only; it does not affect other EAs).
  • PNL (ON / OFF)
    Toggle the on‑screen panel display.
  • LIST ‘Master name’: … (pulldown)
    Shows the Master channel name and opens a list of trades sent by the Master. The orange button here immediately copies the selected Master trade to the client, ignoring other client-side preset conditions.
  • HEDGING (ON / OFF)
    If enabled, long and short trades of the same pair are allowed to be copied (hedging).
  • RECOPY (ON / OFF)
    Allows repeated copying of a Master trade if the Master trade still exists but the client closed its copy (TP/SL). Recopying can follow presets or be triggered manually via the pulldown order list button.
  • RSI / STDDV (Delay Filter)
    Delay filter: opens a trade only after the Master trade’s drawdown threshold has been exceeded (see the “Delay” parameter).
  • DD DIST (Drawdown Distance)
    Works like a grid: if a copied pair on the client exceeds the configured drawdown and the Master has additional trades in the same direction, another trade may be copied according to matching presets.
  • CLS.MSTR / CLS.CLNT
    Temporarily prevent opening or closing of Master trades on the client.
  • CLOSE (pulldown)
    Opens a menu to select trades to close by Symbol, profitable trades, or all trades.
  • MASTER / CLIENT “Stop Cntrl”
    Choose whether Master or Client controls trade closing.
  • CURRENT / ALL “Slctd Magic”
    Scope by magic number(s). “Current” = trades opened by the current client magic; “ALL” = all trades on the account.
  • DELAY / DLY+SPRD “Delay Mode”
    Trades are copied only when price surpasses Master open price by the Delay value, or by open price + spread when using DLY+SPRD.
  • OneSymb (ON / OFF)
    When ON, the client copies only trades that do not introduce a currency already involved in other copied pairs — helps avoid additional drawdown from overlapping currencies.
  • Copy Mode: VOL CALC / VOL SPLIT / VOL MASTER
    • VOL CALC: volume calculated from client settings (“Risk(M)” and “LotSize”).
    • VOL SPLIT: splits Master volume into several minimal lots; each lot size is determined by Risk(M)/LotSize.
    • VOL MASTER: copies Master volume 1:1.

Key Parameters (brief)

  • Delay
    Threshold used by Delay Mode.
  • TrailDist
    Initial trailing distance after copying. This distance is reduced stepwise as price moves against the trade to improve the average open price.
  • Risk
    • Risk = 0: LotSize is used directly; copy will only occur if sufficient free margin exists.
    • Risk > 0: LotSize is adjusted according to available margin.
  • LotSize
    Manual lot size (used when Risk = 0).
  • Max.Pos
    Maximum number of positions allowed to be copied according to selected magic and “L | Sym/Dir | S” settings.
  • Acc.DD
    Maximum account drawdown allowed for copying to proceed.
  • L | Sym/Dir | S
    Maximum number of long/short allowed per symbol/direction.
  • Trl.Start & Profit %
    Trailing start level and percentage of profit to secure once trailing starts.
  • Stp.Real / Stp.Virt
    • Stp.Real: broker‑visible stop loss (active when Stop Cntrl = CLIENT).
    • Stp.Virt: virtual stop loss (not visible to broker; active when Stop Cntrl = CLIENT).
  • STAT
    Shows system status and error messages.

Quick Installation & Setup

  • Install Master and Client on charts with high tick rates (e.g. EURUSD, GBPUSD, GBPJPY). The Visual Copy System only copies or updates on received ticks.

Master setup:

  1. Attach Visual Copy Master on the terminal that sends trades.
  2. In Inputs, set “Master Channel” to a unique name (preset = “Master”).
  3. Configure “Magic Number…”: list magic numbers to be copied (e.g. 1155,1010,222222) or leave blank to include all.
  4. Close settings, switch Master [OFF] [ON], then press [UPDATE].
  5. Press [ORD. LIST] to display the trades included by symbol and/or magic number.

Client setup:

  1. Attach Visual Copy Client on the terminal that receives trades.
  2. In Inputs, set “Master Channel” to the same name used by the Master.
  3. Set a unique “Magic Number” for each client (if multiple Masters send trades).
  4. Close settings, switch Client [OFF] [ON].
  5. Press [ORD. LIST] to view trades selected by the Master.
  6. Enable [CLS.CLNT] to allow copying according to current client settings — use this to safely compare and synchronize trades after Master reinstallation or temporary unavailability.

Notes & Best Practices

  • Test thoroughly in demo mode to verify copy logic, volume modes, and stop settings.
  • Use [CLS.CLNT] for safe synchronization after Master changes.
  • Adjust OneSymb, Max.Pos and Acc.DD to match your risk management.
  • If your broker uses symbol suffixes or nonstandard naming, configure preferred symbols/pairs on both Master and Client.