How can I limit the maximum number of open trades when copying a signal?

 

Hello!

I’m subscribed to a trader’s signal, and they open around 130 trades per week (26 per day) with 0.4 lots per trade. I only want a maximum of 3 trades open at any time.

Once one trade closes, I want it to open the next available trade if the signal has more than 3 open.

Is there a way to set a maximum limit for open trades on MT4?, or would I need a custom EA to control this? Any advice or recommendations are appreciated!

Thank you!

 
Dumitrof Leonardo: Is there a way to set a maximum limit for open trades on MT4?,
No.