OTE Trade Copier

OTE Trade Copier MT4

OTE Trade Copier MT4 is a local trade copying and risk management utility for MetaTrader 4 terminals running on the same computer or VPS.

Overview

One MT4 terminal can be used as the Master, while another terminal can be used as the Copier. The copier reads the master trades through a shared local file and can copy new trades, existing trades, selected symbols, selected magic numbers, lot sizes, Stop Loss, and Take Profit.

The product includes a dashboard that shows the current mode, connection status, balance, equity, floating profit or loss, equity drawdown, copied symbol, and the lot size that will be used by the copier.

Main Features

  • Master and Copier mode
  • Local copying between MT4 terminals on the same PC or VPS
  • Copy existing trades or only new trades
  • Fixed lot, mirror lot, equity ratio, or balance ratio
  • Symbol filter and magic number filter
  • Automatic prefix and suffix symbol matching
  • Manual symbol mapping, for example XAUUSD to GOLD
  • Copy all trades, only losing trades, or only profitable trades
  • Optional Stop Loss and Take Profit synchronization
  • Hidden copy comment option
  • Spread, slippage, lot, retry, and trade count controls
  • Copy schedule by time and trading days
  • Modern dashboard for quick copier status

Prop Firm Style Controls

OTE Trade Copier MT4 includes risk controls designed for prop-firm style account management. The copier can stop new copying, close copied trades, or close all open trades when selected account limits are reached.

  • Daily drawdown protection
  • Maximum drawdown protection
  • Soft stop to pause new copying while managing existing trades
  • Hard stop to close trades and stop copying
  • Daily profit target
  • Total profit target
  • Equity or balance based protection mode
  • Hidden protective buffer to help act before the exact limit is passed

Input Guide

Input Section Explanation
Common Settings Set the mode, copy path, channel name, sync speed, connection timeout, and dashboard subtitle. The Master and Copier must use the same CopyPath and ChannelName.
Dashboard Settings Controls the dashboard visibility, position, and colors.
Master Only Used only on the Master terminal. Choose whether to publish market trades, pending orders, selected symbols, or selected magic numbers.
Copier Only Used only on the Copier terminal. Choose what trades to copy and whether to filter by symbol, magic number, profit, loss, or trade direction.
Lot Settings Choose fixed lot, mirror master lot, equity ratio, or balance ratio. You can also set minimum and maximum copied lot sizes.
SL/TP Settings Choose whether to copy the master Stop Loss and Take Profit or use fixed Stop Loss and Take Profit values.
Symbol Matching Used when brokers have different symbol names. The copier can auto-detect prefixes and suffixes, or symbols can be mapped manually.
Execution Settings Controls magic number, hidden copy comment, slippage, spread limit, maximum copied trades, retries, and price freshness.
Schedule Settings Set when copying is allowed by time, day, or master drawdown level. You can also close trades before market close.
Prop Firm Mode Enables equity or balance based protection for daily drawdown, maximum drawdown, hard stop, soft stop, daily profit target, and total profit target.

MT5 Version

Buyers who need the MT5 version to copy from MT4 to MT5 or MT5 to MT4: https://www.mql5.com/en/market/product/180194

Important Note

This product is a trade copying and risk management utility. It does not guarantee profit. Users should test all settings carefully and apply proper risk management.

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