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Eleni Anna Branou  
hanselmtz #:

Hi, do you know how I can make it place SL in an order that doesn't have it? that the copy places an SL even if the transmitter does not send it?

Hello, you need to put in the receiver settings:

Copy Stop Loss=false

Apply TP/SL in =Points (or Money)

and then apply below your desired SL in Points or in Money for each receiver copied trade.

Stop Loss in Points=.... (your desired stop loss in points)

or

Stop Loss in Money=.... (your desired stop loss in money)

You can read all details about the setting in the settings/inputs guide:

https://www.mql5.com/en/blogs/post/745681

Hilmi Tekin  
Eleni Anna Branou #:

Then you need to be patient for the next update.

Thank you too.

Hi Eleni,

I would just like to ask when you are planing to release next update, which will have the feature for keeping and copying original TP/SL distances in points.

Regards,

Eleni Anna Branou  
Hilmi Tekin #:

Hi Eleni,

I would just like to ask when you are planing to release next update, which will have the feature for keeping and copying original TP/SL distances in points.

Regards,

Hello Hilmi, I am in the middle of this Local Trade Copier EA MT4/5 update and I hope to have it ready by the end of August.

It will include about 10 new features and that requires a lot of testing to make sure that everything will run smoothly.

atredcap  

Hi Eleni, 

I just made a change of transmitter and receivers in my VPS. 

Everything seems good except for the lot size (Risk %).  

Master to trade 1% of balance

2 prop firms slaves to trade at 0.5% of balance   

1 personal slave account to trade at 1% of balance

But somehow it seems to be very different to what I want when I test the implementation as seen in the screenshot. 

Any help at all? 

Many thanks.

atredcap  

Sorry I resolved it thanks


atredcap #:

Hi Eleni, 

I just made a change of transmitter and receivers in my VPS. 

Everything seems good except for the lot size (Risk %).  

Master to trade 1% of balance

2 prop firms slaves to trade at 0.5% of balance   

1 personal slave account to trade at 1% of balance

But somehow it seems to be very different to what I want when I test the implementation as seen in the screenshot. 

Any help at all? 

Many thanks.

Eleni Anna Branou  
atredcap #:

Sorry I resolved it thanks


Good, let me know if you need anything else you help you with.

feroz_sm  

Hi Eleni,

I am a long term user of Local Trade Copier, excellent tool. 

However, I'm facing a strange issue. Earlier I was using it in Win VPS 2012 it was running perfectly without any slowness, and I had recently migrated to high configuration Win VPS 2016 server. Since then, after migration, trade copier is opening/closing orders at a delay of 20 seconds most of the time. I'm using many mt4 ⇒ one mt4 terminal setup. Any help in troubleshooting is greatly appreciated ?

Many thanks.

Eleni Anna Branou  
feroz_sm #:

Hi Eleni,

I am a long term user of Local Trade Copier, excellent tool. 

However, I'm facing a strange issue. Earlier I was using it in Win VPS 2012 it was running perfectly without any slowness, and I had recently migrated to high configuration Win VPS 2016 server. Since then, after migration, trade copier is opening/closing orders at a delay of 20 seconds most of the time. I'm using many mt4 ⇒ one mt4 terminal setup. Any help in troubleshooting is greatly appreciated ?

Many thanks.

Hello, the answer is within your question: 

"Earlier I was using it in Win VPS 2012 it was running perfectly without any slowness, and I had recently migrated to high configuration Win VPS 2016 server. Since then, after migration, trade copier is opening/closing orders at a delay of 20 seconds most of the time."

This is purely a computer/VPS issue, Local Trade Copier EA MT4/5 copies and closes the trades instantly and under 0.5 seconds when the MT4/5 terminals, the broker and the network connections are good.

Since no other user has reported something similar, I can safely suggest to try on another computer or VPS.

Please let me know if you need anything else to help you with.

Joe Markey  

Hi Eleni, great EA, thanks for all the hard work,

Regarding the close trades at a set time option, is it possible to have an option to re-open the same trades at another set time(which only re-opens the trades that were closed by the time trigger)? 

I know that there's a re-open closed trades option but if I use this it also re-opens trades that were closed by the % profit in basket option.


Thanks again

Joe

Eleni Anna Branou  
Joe Markey #:

Hi Eleni, great EA, thanks for all the hard work,

Regarding the close trades at a set time option, is it possible to have an option to re-open the same trades at another set time(which only re-opens the trades that were closed by the time trigger)? 

I know that there's a re-open closed trades option but if I use this it also re-opens trades that were closed by the % profit in basket option.


Thanks again

Joe

Hello Joe and thank you for your nice comments.

Your request is very personalized, but I will put it in my future update list and I will see what I can do.

PS. I really don't get the point of closing all the open/copied trades and then re-open them at a later time?
Eric Seto  

Hello, thank you for this wonderful EA at such a reasonable price! I do have one question problem though:

If I set Copy on Monday - Sunday to 00:00:00-14:30:00,16:30:00-23:59:59

The EA would stop copying trades between 14:30 - 16:30. However, my problem is that I dont want the receiver to open those trades that were placed on the Transmitter between 14:30 - 16:30. Even though I have set "Copy Current Trades" to false, the receiver would still open the trades which were placed on the transmitter account between 14:30 - 16:30. 

The problem could be very significant because if the transmitter placed a market order between 14:30 - 16:30, the copied trade on the receiver which only execute after 16:30 would have a HUGE difference in filled price.

Please would you advise or rectify this problem? 

Many thanks

Eric Seto  

Following my last comment. May I suggest an additional feature for the next update please?

I suppose most traders like me use Copy on Monday - Sunday options to avoid trading during impactful news. My suggestion is that during the no-copy period (i.e. 14:30 - 16:30 using the example above), the receiver account will close all those trades which are currently showing positive unrealised profit. As to those trades which are currently showing an unrealised loss, the copier can place a Pending break even order to close those trades. 

Say the news is at 15:00, we can have an option which allows the trader to flatten all positions X minutes before the news. In other words, if those trades which are showing unrealised loss and were not closed by the pending break even orders, this option will alow the EA to flatten everything just X minutes before the news. 


Many thanks!

Eleni Anna Branou  
Eric Seto #:

Hello, thank you for this wonderful EA at such a reasonable price! I do have one question problem though:

If I set Copy on Monday - Sunday to 00:00:00-14:30:00,16:30:00-23:59:59

The EA would stop copying trades between 14:30 - 16:30. However, my problem is that I dont want the receiver to open those trades that were placed on the Transmitter between 14:30 - 16:30. Even though I have set "Copy Current Trades" to false, the receiver would still open the trades which were placed on the transmitter account between 14:30 - 16:30. 

The problem could be very significant because if the transmitter placed a market order between 14:30 - 16:30, the copied trade on the receiver which only execute after 16:30 would have a HUGE difference in filled price.

Please would you advise or rectify this problem? 

Many thanks

Hello Eric and thank you for your nice comments for the Local Trade Copier EA MT4.

I have acknowledged this issue myself and I have fixed it in the new update that will be available in a few days.

When Copy Current/Old Trades=false, the transmitter trades that will be opened outside of the receiver copying time, they will not be copied in the receiver side.

As a workaround until this is fixed, you could use the Better Price=true and Better Price Difference in Points=0 settings in the receiver side, in order to copy but only at the same or better price these trades in the receiver side.

I am in the final stages of extensive testing as we speak, to make sure that everything will run smoothly with the new version of LTC.

Have a nice day.

Eric Seto  

Thank you for your quick response. Any thoughts on my suggestion below? thanks



Eric Seto #:

Following my last comment. May I suggest an additional feature for the next update please?

I suppose most traders like me use Copy on Monday - Sunday options to avoid trading during impactful news. My suggestion is that during the no-copy period (i.e. 14:30 - 16:30 using the example above), the receiver account will close all those trades which are currently showing positive unrealised profit. As to those trades which are currently showing an unrealised loss, the copier can place a Pending break even order to close those trades. 

Say the news is at 15:00, we can have an option which allows the trader to flatten all positions X minutes before the news. In other words, if those trades which are showing unrealised loss and were not closed by the pending break even orders, this option will alow the EA to flatten everything just X minutes before the news. 


Many thanks!

Eleni Anna Branou  
Eric Seto #:

Thank you for your quick response. Any thoughts on my suggestion below? thanks



This is a very personalized request Eric and requires a news filter as well, something that is not in my immediate plans.

I will keep it in my future update list, but its not going to be in the upcoming update.

Eric Seto  
Eleni Anna Branou #:

This is a very personalized request Eric and requires a news filter as well, something that is not in my immediate plans.

I will keep it in my future update list, but its not going to be in the upcoming update.

Thanks Eleni, you dont need to add a news filter to it, the user specify the time himself, just like the Copy Monday to Sunday options
Eleni Anna Branou  
Eric Seto #:
Thanks Eleni, you dont need to add a news filter to it, the user specify the time himself, just like the Copy Monday to Sunday options

I will keep that in mind, thank you.

Eleni Anna Branou  

Hello dear friends,

Local Trade Copier EA MT4 had a major update with many fixes, improvements and additions and I strongly advise you to make this update with no open trades on the receiver account side, when all receiver copied trades have been closed.


1. ​A new 'Maximum Receiver Account Magic Numbers' setting has been added, that represents the maximum number of different magic numbers that can be present in the receiver account, including trades initiated by other EAs or manual trading. This setting is useful when you have multiple receivers across different charts in the receiver account, each with different magic numbers, but you only want to copy a specified number of them simultaneously.

2. A new 'Maximum Receiver Account Symbols' setting has been added, that represents the maximum number of different symbols that can be present in the receiver account, including trades initiated by other EAs or manual trading. This setting is useful when you have multiple receivers across different charts in the receiver account, each copying different symbols, but you only want to copy a specified number of them simultaneously.

3. From now on, if you set Copy Current Trades=false, trades that were opened on the transmitter side outside of the copying hours will not be copied to the receiver account when copying resumes.

4. A new 'Retry Attempts in Seconds' setting has been added, that when it is set to 0, Local Trade Copier EA MT4 will continuously attempt to copy a trade if it is not copied instantly, for any reason (such as the market being closed or insufficient funds). If you specify a larger number of seconds, for example 30, the receiver will attempt to copy the trade every 30 seconds.

5. From now on, when the 'Keep Original TP/SL Distances' setting is enabled, Local Trade Copier EA MT4 will adjust the TP/SL levels based on the differences in open price. For example, if a buy transmitter trade at 1.08700 with a 1.08900 TP and a 1.08500 SL is copied to the receiver side at 1.08720, the TP will be 1.08920, and the SL will be 1.08520. This adjustment applies to both normal and reverse copying.

6. Three new lot size types have been added. When 'Same Lot Size' lot size type is selected, Local Trade Copier EA MT4 will copy the receiver trades with the same lot size as the original transmitter trades. When 'Multiplier by Balance' lot size type is selected, Local Trade Copier EA MT4 will use the 'Multiplier by Balance' setting for calculating the multiplier that will be used for the receiver copied trades as follows. If the receiver account balance is $10000 and the 'Multiplier by Balance' setting is 1000, the multiplier that will be used for the receiver copied trades will be 10 (10000/1000). When 'Multiplier by Equity' lot size type is selected, Local Trade Copier EA MT4 will use the 'Multiplier by Equity' setting for calculating the multiplier that will be used for the receiver copied trades as follows. If the receiver account equity is $10000 and the 'Multiplier by Equity' setting is 1000, the multiplier that will be used for the receiver copied trades will be 10 (10000/1000).

7. A new 'Automatic Split of Copied Trades' setting has been added, for automatically splitting receiver copied trades when the lot size about to be copied exceeds the maximal volume allowed for the specific symbol/instrument. For instance, if a 25-lot BTCUSD trade is about to be opened on the receiver side, and the maximal volume for BTCUSD in the receiver account is 10 lots, the receiver Local Trade Copier EA MT4 will split it into two 10-lot BTCUSD trades and one 5-lot BTCUSD trade, in order to comply with the maximal volume limitation.

8. A new 'Split Copied Trades in Parts of' setting has been added, that allows you to divide your receiver copied trades into smaller parts, each below a specified lot size, in compliance with any restrictions imposed by your broker, typically applicable to prop firms, regarding the maximum lot size for opened trades in your receiver account. For instance, if you input 0.15 into this setting and a 0.7 lot trade is about to be copied into the receiver account, it will be copied as four 0.15 lot trades and one 0.1 lot trade. 

9. A new 'Custom Symbol Fixed Lot Sizes' setting has been added, that allows for different fixed lot sizes to be applied to various symbols, thereby overriding the universal fixed lot size specified in the receiver settings. For example, if a 0.2 fixed lot size is set universally, and you input EURUSD0.15,GBPUSD0.3 in this setting, the copied trades for EURUSD will use a 0.15 fixed lot size, while GBPUSD trades will use a 0.3 fixed lot size. All other symbol trades will be copied with the universal 0.2 fixed lot size setting. 

10. A new 'Copying from Symbol Trade/Order Number' setting has been added, that allows you to copy trades/orders for all symbols, starting from a point later than the first trade/order. For instance, if you enter 4 into this setting, the Local Trade Copier EA MT4 will refrain from copying the initial three trades/orders of each symbol from the transmitter account to the receiver account. Instead, it will commence copying from the fourth trade/order onward. In the event that any trade/order with the same symbol as the first three transmitter trades/orders is closed, the counting will reset, and the receiver will resume counting the number of trades/orders, only considering the still open transmitter trades/orders.

11. A new 'Maximum Risk % per Symbol' setting has been added, that enables you to establish a percentage-based limit on the cumulative risk associated with all trades/orders copied for the same symbol. If the total risk for that symbol reaches this predefined limit, the copying process will temporarily pause. Please note that this setting applies only to receiver copied trades with an applied Stop Loss. If you enter a non-zero value in this setting, it will prevent any trade/order without an applied SL from copying to the receiver account.

12. A new 'Maximum Account Risk %' setting has been added, that allows you to set a percentage limit on the total risk of all receiver copied trades/orders. Copying will pause if this limit is reached. Please note that this setting applies only to receiver copied trades with an applied Stop Loss. If you enter a non-zero value in this setting, it will prevent any trade/order without an applied SL from copying to the receiver account.

13. The 'Synchronized Trade Closure' setting will now enable you to specify whether you want to automatically close all copied trades or delete pending orders placed by the Local Trade Copier EA MT4 on receiver accounts immediately after the corresponding original trades on the transmitter accounts are closed or deleted, separately.

14. A new 'Closure Better Price' setting has been added, with the option to determine whether receiver copied trades should be closed at a better, worse, or the same price compared to the transmitter trades when they close, as per your configuration. Warning: Enabling this option may result in missing the closure of a receiver copied trade completely, if the market moves rapidly against you, potentially leaving an unmanaged trade.

15. A new 'No Copying if Transmitter Drawdown %>' setting has been added, that allows you to temporarily halt the copying of new trades to the receiver account if the current drawdown in the transmitter account exceeds a specified level. Copying will resume once the drawdown in the transmitter account improves beyond the value set in this setting. For example, if No Copying if Transmitter Drawdown %>=20 the Local Trade Copier EA MT4 will cease copying new trades to the receiver account if the transmitter's current drawdown surpasses 20%. Copying will resume when the transmitter's drawdown falls below 20%. 

16. A new 'Copy Only if Transmitter Drawdown % per Symbol>' setting has been added, that allows the user to copy trades for each symbol from the transmitter account to the receiver account only when the combined drawdown of all transmitter trades for that specific symbol exceeds a specified threshold. For example, if Copy Only if Transmitter Drawdown % per Symbol>=2 the receiver account will start copying the transmitter's trades for each symbol only when the combined drawdown of all trades for that symbol in the transmitter account surpasses 2%. Once this condition is met, all transmitter trades for that symbol will be copied. If the combined drawdown for those symbol trades in the transmitter account subsequently falls below 2%, new transmitter trades for that symbol will not be copied until the combined drawdown for those symbol trades rises above 2% again. 

17. The 'Maximum Daily Drawdown' setting can now be calculated based on your receiver account's balance or equity as of 23:59:59 the previous day, allowing you to choose between a percentage or a specific amount, offering greater flexibility.

** I strongly advise you to make this update with no open trades on the receiver account side, when all receiver copied trades have been closed. **

Eleni Anna Branou

Joel L.  

Hi Eleni,


When in Self-Copier mode, 'Symbols to Copy', 'Symbols not to Copy', and 'Max Receiver Account Symbols' don't work. These settings work fine in Receiver mode. I hope you can take a  look at it. Thanks!

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