Local Trade Copier Mt4

Local Trade Copier — copy your trades between your MetaTrader 4 and MetaTrader 5 terminals on the same computer

Local Trade Copier copies the market positions of one of your accounts (Sender) to other accounts of yours (Receiver) open in terminals on the same computer. Data travels through the MetaTrader common folder: no external servers, no DLL, no WebRequest and no input parameters. Everything is set in the panel. It does not generate signals or predict the market.

Copy combinations (sender to receiver)

  • MetaTrader 4 to MetaTrader 4
  • MetaTrader 4 to MetaTrader 5
  • MetaTrader 5 to MetaTrader 4
  • MetaTrader 5 to MetaTrader 5

One sender can feed one or several receivers.

Copy direction (chosen on each receiver)

  • Normal: BUY to BUY, SELL to SELL
  • Reverse: BUY to SELL, SELL to BUY

What you get

  • Opens, closes and partial closes. Each receiver opens its copy according to your filters, your limits and the broker's response, and closes it when the original closes. A partial close reduces the copy in the same proportion (rounded to the broker's lot step and never below its minimum while the original is still open); it never increases it.
  • Nine volume modes. Same lot (default), fixed lot, multiplier, proportional to balance or equity, or by risk (% or money) based on the original trade's Stop Loss. Without a Stop Loss, you choose to block the copy or use a fallback lot. The volume follows the broker's lot step and maximum; below the minimum, it is raised to the minimum or not opened, depending on the rounding you choose.
  • Limits for new copies. Total volume, risk per trade and total risk, drawdown, number of positions, spread, entry deviation and signal age can block an opening; the maximum lot caps the volume. They do not stop closes or reductions (the broker can still reject them).
  • Copies without a Stop Loss. They are opened and flagged as unknown risk. They are not counted in the risk limits (they are counted in positions and volume), so the total risk shown in the panel can be lower than the real one.
  • Stop Loss and Take Profit. Copied, and their changes kept in sync. If the broker rejects the SL/TP because they are too close to the price, the copy is opened without them and they are applied as soon as the broker accepts them, with a warning. Meanwhile (or if they are never applied), the copy has no stop loss.
  • Filters on the sender. Manual or Expert Advisor trades, buys only or sells only, and by magic number, symbol or comment.
  • Symbol mapping. Recognises prefixes and suffixes (for example EURUSD.p to EURUSD). When in doubt, it does not copy that symbol until you set the mapping manually.
  • Local changes. If you close a copy by hand: do not reopen, reopen (strict mirror) or pause. If you change its SL/TP: respect it, restore it or pause.
  • Every order logged and checked. Each order is written to a journal before it is sent and is not sent again while its result is unresolved; before re-sending, the receiver checks that the copy is not already open. This reduces the risk of duplicates but does not remove it. The receiver only modifies or closes positions whose ownership it has confirmed.
  • You stay in control. Dry run (see what it would do without sending orders), pause new copies (closes still follow the sender), reset the retries, and close all your copies at once with double confirmation.
  • Control panel. Seven screens (Overview, Trades, Mappings, Risk, Filters, Advanced, Diagnostics); English, Spanish, Italian and French; dark or light theme; pop-up help; settings saved per platform, account, role, channel and instance.

How to use it

  1. Install Local Trade Copier in each terminal and drag it onto its own chart in each one. On the receivers, enable algorithmic trading (AutoTrading in MetaTrader 4, Algo Trading in MetaTrader 5).
  2. Sender: in Overview choose SENDER, type a channel (for example CHANNEL_01), check Filters and press START.
  3. Receiver: choose RECEIVER and the same channel. Check Risk (lot mode, limits and direction) and Advanced.
  4. Turn on Dry run and press START: Trades will show what it would do without sending orders. When everything looks right, turn it off; to copy the trades seen during the test, press RESET RETRY LIMITS. Dry run does not guarantee the real result: start with small volumes.
  5. Follow each copy in Trades and the technical status in Diagnostics.

Demo in the Strategy Tester

The tester is an isolated environment and cannot connect two terminals, so in the demo the EA copies nothing: in visual mode it shows the full panel in demonstration mode so you can see all its screens. The panel buttons do not respond in the tester (platform limitation).

Important

  • A technical tool for copying trades between your own accounts on the same computer. It is not a signal service, an account management service or investment advice; trading decisions and their execution are the user's responsibility.
  • It only copies market positions: it does not copy pending orders or volume increases of a position already copied.
  • On MetaTrader 5 netting accounts, only one position per symbol is copied; full support is for hedging accounts and MetaTrader 4.
  • The terminals must be open and connected. Copies can differ from the original in price, volume and execution time, the broker can reject orders and a copy can be left incomplete.
  • Stop losses are not guaranteed: losses can exceed the calculated risk. Leveraged products such as Forex and CFDs carry a high risk of losing money. Trading involves risk.
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Trade Dashboard simplifies how you open, manage, and control your trades, with built-in lot size calculation. It allows you to execute trades, manage risk, and control positions directly on the chart, with tools such as partial close, breakeven, and trailing stop. Designed to reduce manual work and help you stay focused on your trading decisions. A demo version is available for testing. Detailed explanations of features are provided within the MQL5 platform. Installation instructions are include
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Trade support and resistance or supply and demand zones automatically once you have identified the key areas you want to trade from. This EA allows you to draw buy and sell zones with a single click and then place them exactly where you expect price to turn. The EA then monitors those zones and will automatically take trades based on price action you specify for the zones. Once the initial trade is taken, the EA will then get out in profit at the opposite zone you place, which becomes the target
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King Trade Copier connects MetaTrader terminals that run on the same computer or VPS. Trades opened on one account appear on the others. The file carries both roles, so the same download becomes the sender or a receiver depending on what you set Mode to. On every chart the panel states whether this terminal is sending or receiving, names the account on the other side, counts the receivers that answered, and gives the age of the last signal. An order that was not copied leaves its reason on the
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Vladislav Andruschenko
4.85 (61)
Utilities
Trading Panel for trading in 1 click.  Working with positions and orders!  Trading from the chart or the keyboard. Using our trading panel, you can trade in one click from the chart and perform trading operations 30 times faster than the standard MetaTrader control. Automatic calculations of parameters and functions that make life easier for a trader and help a trader conduct their trading activities much faster and more conveniently. Graphic tips and full information on trade deals on the chart
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KEENBASE SOFTWARE SOLUTIONS
3.75 (4)
Utilities
An equity protection EA for MetaTrader that enforces your loss limits and profit target for you: when your account reaches a rule you set, it closes your trades on every symbol, before one bad day turns into a lost account. It suits prop firm challenges and personal accounts alike. Attach it to one chart, answer a few questions in the on-chart setup wizard, and it watches your whole account in the background while you trade by hand or with other EAs. What it protects Daily loss limit: a percenta
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Snapdragon Systems Ltd
5 (1)
Utilities
Introduction This powerful MT4 trade mangement EA offers a way potentially to aggressively multiply trade profits in a riskfree manner. Once a trade has been entered with a defined stoploss and take profit target then the EA will add three pyramid add-on trades in order to increase the overall level of profit. The user sets the total combined profit target to be gained if everything works out. This can be specified either as a multiple of the original trade profit or as a total dollar amount. Fo
Trade Reverse Copie4
Chukwuemeka Kingsley Anyanwu
5 (1)
Utilities
Feel free to contact me for any extra features :) [SEE MT5 VERSION  https://www.mql5.com/en/market/product/128846 The Local Reverse Copier is an Expert Advisor designed to synchronize positions between a Master account and a Slave account with a twist: it reverses the trades. When a buy position is opened on the Master account, the EA opens a sell position on the Slave account, and vice versa. This allows for a unique form of trade copying where positions are mirrored in opposite directions bet
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This product filters all expert advisors and manual charts during news time. It is able to remove any of your EA during news and automatically reattach them after news ends. This product also comes with a complete  order management system that can handle your open positions and pending orders before the release of any news. Once you purchase The News Filter , you will no longer need to rely on built-in news filters for future expert advisors, as this product can filter them all from here onwards
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