Mql5 Copy Trading System
- Utilities
-
Vahap Yaman
Hi guys,
The most important thing for success in Forex markets is to be able to conduct " callous trading".. If the rhetoric from your environment affects your trading decisions, you can exit early even in the poses you open on the right side, you can close your position to the detriment... - Version: 3.0
- Activations: 5
Hello traders,
Do you manage more than one MetaTrader 5 account? Do you want the trades opened on one account (manually, or by an EA) to be mirrored automatically — with no delay and with proper risk control — on your other accounts?
Smart Copy Trader was built exactly for this: it copies positions from a "source" (Master) account to one or more "receiver" (Slave) accounts with millisecond precision, while protecting your capital with daily profit/loss limits, an open-position loss limit, and a manual emergency stop button.
How it works
The system has two components:
- Provider — A lightweight, invisible indicator attached to the chart on the Master/source account. It monitors open positions (ticket, symbol, direction, lot size, SL/TP) and writes any change (new trade, closed trade, SL/TP update from a trailing stop) to a shared signal file.
- Receiver — An Expert Advisor running on the Slave/receiver account. It continuously reads that signal file and opens, closes, and updates positions on its own account accordingly.
// USAGE:
// Install the SAME .ex5 file for this EA on both the Master and Slave accounts;
// simply change the “Operating Mode” setting:
//
// Master (source) account -> CopyMode = MODE_PROVIDER
// Slave (receiver) account -> CopyMode = MODE_RECEIVER
//
// IMPORTANT: Provider mode tracks ALL positions in the account (filtered by Magic Number)
// — regardless of the chart or symbol it is linked to.
// Therefore, on the Master account, WITHOUT TOUCHING the chart where the EA
// for your main strategy is running, you can add this
// EA in Provider mode to ANOTHER empty chart (any symbol). Since MetaTrader can run
// only one EA on a chart, as long as your main strategy’s EA and this
// EA are on different charts, they will NOT CONFLICT.
//
// SETUP:
// 1. Copy the file to the MQL5/Experts/ folder and compile it (F7)
// 2. Drag it onto an EMPTY chart in the Master account -> CopyMode=MODE_PROVIDER
// 3. Drag it onto a chart in the Slave account -> CopyMode=MODE_RECEIVER
// 4. “Allow Algorithmic Trading” must be enabled on both terminals
// 5. Both terminals must run on the SAME computer / VPS (file-
// based communication uses the Common\Files folder)
//
// FILE PATH (shared signal file):
// Windows: C:\Users\<user>\AppData\Roaming\MetaQuotes\Terminal\
// Common\Files\
