Instructions for installing and configuring the Telegram to MT4/5 utility

Installing a copier

1. Downloading the program:

   • 📥  👉  Download this file from this link 

2. Installation:

   • Unzip the file and place the folder with the copier in a convenient place on your computer. 

3. Authorization in Telegram:

• Run as Administrator! When you first launch the program, you will be asked to enter a phone number to log in to Telegram. Enter the number and confirm the login using the code sent to Telegram.

  
  

Setting up the utility

Adding chats and filters

1. Adding chats:

• Specify the identifier of the Telegram chat/channel from which signals will be copied. You can see this number by selecting the desired channel for copying in the EXE file 

1. Filters:

   • Set up the keywords, symbols or types of trades you want to copy.

Risk setting

1. Deposit percentage:

   • Specify what percentage of the current balance will be used to calculate the lot.

2. Fixed lot:

   • Alternative: Specify the exact lot size for each trade.

3. Risks:

• Daily, weekly and monthly risk  are calculated based on the balance / equity: 

• What to do if loss exceeds   = Stop copying    - after closing trades and reaching the specified limits, copying of new signals stops.  

• What to do if loss exceeds   = Delete and Stop copying    If the option to close trades is enabled, the copier will also close all open positions created by the utility.   The utility closes only after you have fixed the loss and it now exceeds your daily limits. For example, your balance at the beginning of the day is $1,000, the risk for the day is 1%, let's say you copied 5 trades, 3 of them were closed and the loss on them was -$15, your daily risk for the day is exhausted, the adviser will close its other open trades and stop copying signals. 

Multi-Take Profit

1. TP levels:

   • Specify the lot you need for each subsequent TP level

2. Closing in parts:

   • Set up partial closing of positions when each TP level is reached.

Additional functions

1. Prohibition of copying trades without Stop Loss / Take Profit:

   • Possibility to prohibit copying signals without SL/TP.

2. Multitasking:

   • Manage multiple Telegram chats simultaneously.

3. Safety:

   • Works without using external DLLs, which makes the utility safe.

Starting the copier

1. Launching the program:

   • Open the copy file. The program will automatically connect to the specified Telegram chats.

2. Start copying:

   • After setup, the program will start copying signals to MetaTrader 4/5 using the specified parameters.

3. Monitoring:

• Monitor the process through the program interface. All signals and actions are displayed in real time.

Key variables

• TELEGRAM_CHAT_ID  – ID of chats from which signals are copied.

• FILTER_KEYWORDS  – keywords for filtering signals.

• MAX_DAILY_RISK  – maximum daily risk in percentage/deposit currency from the balance.

• MAX_WEEKLY_RISK  – maximum weekly risk in  percentage/deposit currency  from the balance.

• MAX_MONTHLY_RISK  – maximum monthly risk in  percentage/deposit currency  from the balance.

• TAKE_PROFIT_LEVELS  – Take Profit levels.

• USE_FIXED_LOT  – use of fixed lot (True/False).

• RISK_PERCENT  – percentage of the deposit for lot calculation.
  
  

You can find a complete list with descriptions of functions in this article https://www.mql5.com/en/blogs/post/763098

How work Trailing By - Per TP hit

TP1 hit: Remaining TPs moved to breakeven

TP2 hit: Remaining TPs moved to TP1

...and so on...

 

How work Trailing Stop  – Dynamic

 

We trailing start –  This is the number of points after which the trailing stop will be activated, the settings are indicated in the points.

"Trailing distance from the current price"> "Trailing step"

Trailing step  - helps to control how frequently price is moved, if not set, SL will move on every tick to catch up with price.

It should be a small value, like 50 points or so, for regular pair like EURUSD

Just to avoid SL adjusting too frequently.

Trailing step - it should be a small value. Much smaller than trailing distance

Conclusion

Telegram to MT4/5 Copier is a one-stop solution for traders looking to automate their work and manage risks effectively. Customize the utility to your needs and focus on analytics, not manual work.

Telegram to MT4/5 Coppy is  high quality and functionality at a very favorable price. 

🟡 Buy for MT4 -   https://www.mql5.com/en/market/product/128293

🔵 Buy for MT5 - https://www.mql5.com/en/market/product/128294

How install demo version 

How to Install an Expert Advisor (EA) in MT4 or MT5

1. Open the Platform
   Launch MetaTrader 4 or MetaTrader 5.

2. Open the Data Folder
   Go to File → Open Data Folder .

3. Copy the EA File
   Open the MQL4 or MQL5 folder (depending on your platform), then go to the Experts folder and paste your EA file (.ex4 for MT4 or .ex5  for MT5).

4. Restart the Platform
   Close and reopen the terminal, or right-click on "Expert Advisors" in the Navigator and choose "Refresh".

5. Attach the EA to a Chart
   In the Navigator panel, find your EA under "Expert Advisors" and drag it onto the chart.

6. Enable AutoTrading
   Make sure "AutoTrading" is enabled (the button should be green) at the top of the platform.