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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
Matthew Todorovski
12136
Matthew Todorovski 2018.06.16 11:02 
 

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Ali irwan
5166
Ali irwan 2017.07.30 02:26 
 

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Ovidiu Caslariu
7834
Ovidiu Caslariu 2016.05.08 15:25 
 

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Version 2.62 2017.05.02
New parameter:
- Added EnableFIFO = True / False
- Performance Improvement
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