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Roman5 MT4 Copier Slave Free

Note: Please don't use this EA when you have a broker that does requote your orders.

The MT4 Copier allows you to copy trades from one or more master accounts to multiple slave accounts on the MetaTrader 4 platform. This product is for free with unlimited terminals.

  • The success of copying trades is determined by the speed at which duplication takes place. With a synchronization rate of 50 ms MT4 Copier checks for updates across all accounts at a rate of 20 times per second.
  • There are a host of features that allow you to maximize the control you have over accounts. There are on/off selections for Stop Loss, Take Profit, Reverse Trades, Hidden Stop Loss etc.
  • Lot sizes and risk management options can be set and individualized for slave accounts.
  • No DLLs needed.
  • Masters and slaves should be located on the same machine.

Roman5 MT4 Copier Master EA needs to be installed - click here.


Parameters

  • IsReverseTrade = true / false

    • If true -> Buy on Master and then sell on Slave
    • If false -> Buy on Master and then buy on Slave
  • TimerInMillisecond = 50 - re-scanning and looking for any new order or close order every 50 ms.

  • Name_of_Group - For example: Slave belongs to Master’s group, e.g. “Group_A”.

  • Suffix_Add_Before_Symbol - For example: Slave’s symbol is zEURUSD, so set Suffix_Add_Before_Symbol = z and it will add “z” to Master’s symbol “EURUSD”.

  • Suffix_Add_After_Symbol - For example: Slave’s symbol is EURUSDm, so set Suffix_Add_After_Symbol = m and it will add “m” at the end of Master’s symbol “EURUSD”.

  • Map01_Symbol_Master and Map01_Symbol_Slave - special symbol to be mapped between Master and Slave. For example: Master’s symbol is XAUUSD and Slave’s symbol is GOLD, i.e. XAUUSD => GOLD.

  • CloseOrderWhenMasterCloseOrderInLoss and CloseOrderWhenMasterCloseOrderInProfit - True (default) = When you close that order or stop out in master, the same order in slave also will be closed.

  • TrailingStopWhenMasterCloseOrderInLoss and TrailingStopWhenMasterCloseOrderInProfit - True = When you close that order or stop out in master, the same order in slave will be activated the trailing stop.

  • MM_Mode

    • MM_MODE_FIXED - fixed lot size. Use MM_FIXED_LotSize = 0.01 parameter.

    • MM_MODE_MULTIPLIER – This is a multiplier. For example = 100:
      Master lots size is 0.01 and slave lots size is calculated to 1.00

    • MM_MODE_RISK_PERCENTAGE - risk percentage. For example:

      Most common formula:

      Lots size = (Balance * Risk Percentage) / Risk Factor
      • Balance: $10,000
      • Risk Percentage: 2%
      • Risk Factor: 1,000

      Lots size = (10,000 * 2%) / 1,000 = 0.2

  • MM_MODE_POWER - power calculation. For example:

    • MM_POWER = 5
    • Your master account is 11,000 USD and your lot size is 0.28
    • Slave account is 3,000 USD, power must became at 5x, so there it must be around 0.38 lot (5:(11000/3000=3.67)=1.36), 1.36 * 0.28 = 0.3808

  • MM_MODE_SAME_SIZE_AS_MASTER - master lots size is 0.05 and slave account will have 0.05.

  • MM_MODE_SAME_RATIO_AS_MASTER - ratio. For example:

    • Your master account is 1,000 USD and your lots size is 0.10
    • Slave account is 5,000 USD and it will calculate the lots size to 0.50
    • Slave account is 500 USD and it will calculate the lots size to 0.05
Ovidiu Caslariu
7846
2016.05.08 15:25 
 

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Version 2.52 - 2016.09.02
Fixed and updated the alerts
Version 2.50 - 2016.08.11
- Fixed bugs
- Added Margin Level Protection Minimum
This Slave EA will not trade if “Free margin” is below the Margin Level Protection Minimum value.
Version 2.47 - 2016.04.29
- Added ability to enable/disable the filter for Magic Number (see Copier Master). It will copy the trade with a specific Magic Number.
Version 2.44 - 2016.03.09
Added error description in expert log.
Added RefreshRates method before new order to avoid the "requote" issue as much as possible.
Version 2.43 - 2016.01.21
Fixed MM_LOT_MULTIPLIER
Version 2.3 - 2015.10.23
Added new parameter
- Swap the stop loss and take profit.
Version 2.2 - 2015.10.21
Added the new parameters:
- Activate the trailing stop when the master closed the order (True/False)
- You can choose the arrow colors for entry and exit points
Version 2.1 - 2015.10.09
MM_MODE_MULTIPLIER – This is a multiplier. For example = 100:
Master lots size is 0.01 and slave lots size is calculated to 1.00