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Local Trade Copier EA MT4

5

Experience exceptionally fast trade copying with the Local Trade Copier EA MT4. With its easy 1-minute setup, this trade copier allows you to copy trades between multiple MetaTrader terminals on the same Windows computer or Windows VPS with lightning-fast copying speeds of under 0.5 seconds.

Whether you're a beginner or a professional trader, the Local Trade Copier EA MT4 offers a wide range of options to customize it to your specific needs. It's the ultimate solution for anyone looking to increase their potential for profit. Try it out today and see why it's the fastest and easiest trade copier on the market!

Tip: You can download and try the Local Trade Copier EA MT4 demo version in your demo account: here

Paste the downloaded free demo file into your MT4 >> File >> Open Data Folder >> MQL4 >> Experts folder and restart your terminal. The free demo version is fully functional for a period of 4 hours at a time, on demo accounts only. To reset the trial period, go to MT4 >> Tools >> Global Variables >> Control + A >> Delete. Kindly perform this action solely on a non-critical demo account and refrain from doing so in a challenge prop firm account.


Local Trade Copier EA MT4 Installation & User Guide  |   Local Trade Copier EA MT4 Settings/Inputs Guide   |   Local Trade Copier EA MT4 Troubleshooting Guide   |   Update of a Purchased Product


* you must purchase Local Trade Copier EA MT5 for copying from/or to MT5 terminals


Features

High-Speed Copying: Achieve transfers under 0.5 seconds between local MT4 and MT5 terminals *.
Versatile Support: Supports MT4>MT4, MT4>MT5, MT5>MT4, MT5>MT5 copying *.
User-Friendly Interface: Simple 1-minute setup for straightforward usage.
Compatibility: Works on Windows computers and Windows VPSs.
Flexible Copying: Copies between real>real, real>demo, demo>real, and demo>demo accounts, across all brokers.
Multi-Account Transfers: Allows one or more transmitter accounts to copy to one or more receiver accounts.
Customizable Lot Sizes and Risk: Offers a diverse range of 16 options for lot size and risk management per trade. 
Read-Only Account Copying: Can copy from a read-only investor password transmitter account.
Comprehensive Trade Multiplication: Copies and multiplies trades from any source, including manual trades.
No Conflicts: Enables manual trading or expert advisor use without conflicts.
Stable Settings: Does not lose settings if connection is lost or terminals are restarted.
High Accuracy, Low Computing: Ensures high accuracy copying with minimal computing power.
Comment Options: Provides transmitter and receiver comment options.
Trade Filtering: Filters copied trades by magic number, symbol, comment, number, or volume.
Day and Time Control: Allows day and time control settings for copying.
Flexible Trade Copying: Copies long/short, old/new trades, market trades, or pending orders.
Take Profit and Stop Loss Handling: Copies or not take profit and stop loss levels from original transmitter trades.
Customized TP/SL Management: Offers various options for take profit and stop loss management.
Trade Closure Options: Provides options for synchronized trade closure and correct partial closure on receiver copied trades.
Trade Reopening: Allows reopening of closed receiver trades if original transmitter trades are still open.
Advanced Price Management: Offers better price options, reverse copying, and original TP/SL levels.
Trade Splitting: Splits copied trades automatically or at set smaller parts.
Risk Control: Implements maximum risk % control per symbol, currency, or account level.
Lot Size Management: Provides minimum/maximum lot size options for receiver copied trades.
Flexible Lot Size Ignoring: Can ignore minimum/maximum transmitter or receiver lot size options.
Account Protection: Offers emergency account protection measures.
Drawdown Management: Implements maximum daily drawdown and profit settings, with pause options.
Drawdown Control: No copying if transmitter or receiver drawdown exceeds a certain percentage level.
Notification Options: Provides email and push notifications for copied trades or receiver balance, equity, and margin levels.
Broker Compatibility Features: Includes prefix and suffix auto-detection and setup, and mapping of special symbols.
Activations: Offers 20 activations for installation across multiple terminals, computers, and VPSs.
Self-Copier Mode: Compatible with MQL5 VPS in self-copier mode.
Fully Automated: Operates as a 100% automated expert advisor.

I would greatly appreciate a positive review if you are happy with your purchase. Please contact me to find a solution if you are not.


Check all my products: https://www.mql5.com/en/users/eleanna74/seller

Contact me for support: https://www.mql5.com/en/users/eleanna74


#tags forex local terminal copier account trade duplicator multiplier repeater copier mt4 mt5 account copier instant lot size increase multiply copy trades copy trade copier fast copy transaction repeater kopir forex copy trading software


Reviews 20
Robert Torres Jr
1683
Robert Torres Jr 2024.05.20 04:51 
 

I have been trading 1 Transmitter and 12 Receivers. Not only is it lightning fast, it has an incredible amount of features which gives me an edge on my trading strategies.

ferashirvan1
46
ferashirvan1 2024.04.26 10:38 
 

Great Tool,User Friendly,Even Though I Was Making Some Mistakes,Runing MT4 On different Brokers Accounts,Miss Eleni Corrected Me And She Did Instal The Tool Remotly By Anydesk.Very Fast Responce.Thank You Again.

cafeconleche77
77
cafeconleche77 2024.04.23 19:35 
 

Excellent product. Bundle of features. Best of all is the time and effort given by the developer to resolve any issues. BTW i have tested all the best reviewed "local" copiers on mql5 and this is by far the best!

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Bots Builder Pro MT4
Andrey Barinov
5 (1)
This is exactly what the name says. Visual strategy builder . One of a kind. Turn your trading strategies and ideas into Expert Advisors without writing single line of code. Generate mql source code files with a few clicks and get your fully functional Expert Advisors, which are ready for live execution, strategy tester and cloud optimization. There are very few options for those who have no programming skills and can not create their trading solutions in the MQL language. Now, with Bots Build
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Vu Trung Kien
4.41 (17)
News Trader Pro is a unique robot that allows you to trade the news by your predefined strategy. It loads every piece of news from several popular Forex websites. You can choose any news and preset the strategy to trade it, and then News Trader Pro will trade that news by selected strategy automatically when the news comes. News release gives opportunity to have pips since the price usually has big move at that time. Now, with this tool, trading news becomes easier, more flexible and more exciti
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Eric Emmrich
5 (27)
The most advanced news filter and drawdown limiter on MQL market NEW: Take a Break can be backtested against your account history! Check the " What's new " tab for details. Take a Break has evolved from a once simple news filter to a full-fledged account protection tool. It pauses any other EA during potentially unfavorable market conditions and will continue trading when the noise is over. Typical use cases: Stop trading during news/high volatility (+ close my trades before). Stop trading when
-25% discount ($199 -> $149) Advanced trading tool: One click smart orders that execute under your conditions Developed by trader for trading community:  position size calculator (lot size), open position after price action, strategy builder, set and forget trading, mobile notifications... Risk Management -  Risk percentage position size calculator, gain percentage, target risk reward ratio, spread and commissions are included in calculations 7 Advanced order types   - Set and forget trading
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BLAKE STEVEN RODGER
4.33 (15)
This EA Utility allows you to manage (with advanced filtering) unlimited open orders (manual or EA) with 16 trailing stop methods: fixed, percent, ATR Exit, Chandelier Exit, Moving Average, Candle High Low Exit, Bollinger Bands, Parabolic, Envelope, Fractal, Ichimoku Kijun-Sen, Alligator, Exit After X Minutes or Bars, RSI and Stochastic. The trailing stop can be either real or virtual, and you can exit fully or with a partial close percent on touch or bar close.  Moreover, you can add (overr
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Robert Torres Jr
1683
Robert Torres Jr 2024.05.20 04:51 
 

I have been trading 1 Transmitter and 12 Receivers. Not only is it lightning fast, it has an incredible amount of features which gives me an edge on my trading strategies.

Juvenille Emperor Limited
70326
Reply from developer Eleni Anna Branou 2024.05.20 09:20
Thank you so much for your fantastic review Robert! I am thrilled to hear that Local Trade Copier EA for MT4 is exceeding your expectations. It's great to know that you're finding the speed and features beneficial for your trading strategies. If you have any suggestions or need further assistance, don't hesitate to reach out. Happy trading!
ferashirvan1
46
ferashirvan1 2024.04.26 10:38 
 

Great Tool,User Friendly,Even Though I Was Making Some Mistakes,Runing MT4 On different Brokers Accounts,Miss Eleni Corrected Me And She Did Instal The Tool Remotly By Anydesk.Very Fast Responce.Thank You Again.

Juvenille Emperor Limited
70326
Reply from developer Eleni Anna Branou 2024.04.26 10:52
Thank you very much for your kind words and great review for your Local Trade Copier EA MT4! I am always happy to help and please do not hesitate to contact me again if you even need anything else. Happy trading!
cafeconleche77
77
cafeconleche77 2024.04.23 19:35 
 

Excellent product. Bundle of features. Best of all is the time and effort given by the developer to resolve any issues. BTW i have tested all the best reviewed "local" copiers on mql5 and this is by far the best!

Juvenille Emperor Limited
70326
Reply from developer Eleni Anna Branou 2024.04.23 21:01
I'm truly grateful for your kind words and your excellent review! It's fantastic to hear that the Local Trade Copier EA MT4 has exceeded your expectations. Your satisfaction and trust are invaluable motivators for me to keep refining and enhancing the product. Thank you for choosing my EA, and please don't hesitate to reach out if you ever need assistance.
arminattari
19
arminattari 2024.04.19 13:18 
 

works smooth

Juvenille Emperor Limited
70326
Reply from developer Eleni Anna Branou 2024.04.19 16:23
Thank you very much for your great 5 star review for the Local Trade Copier EA MT4!
SuhSha1
42
SuhSha1 2024.03.12 22:21 
 

After three weeks of running Trade Copier to copy trades from my MT5 to MT4 I can give a relevant and honest review. As a quite inexperienced user I had problems with basic things, but Anna always answered promptly and was extremely helpful and patiently guided me through. Even connected via Anydesk and set the receiver as per my requirements. Haven't experienced so friendly author before. The product has everything, what one can think or would need, even closing trades on Friday as this is the request from prop firm. And many other features, that wouldn't be expected, but the author thought of everything. Not to mention, that it's running stable and without any delays. Thank you, Anna for all your support. HIGHLY HIGHLY RECOMMEND!

Juvenille Emperor Limited
70326
Reply from developer Eleni Anna Branou 2024.03.13 04:32
Thank you so much for taking the time to share your experience with your Local Trade Copier EA MT4. I greatly appreciate your kind words and I am very happy to hear that you found my support helpful and the product features comprehensive. It was my pleasure assisting you, and I'm glad we could tailor the settings to meet your specific needs. If you ever have any further questions or need assistance, please don't hesitate to reach out. Thank you once again for your support and recommendation!
Oluwasegun Gbadebo Fanegan
383
Oluwasegun Gbadebo Fanegan 2024.03.12 20:59 
 

Very reliable product.

Juvenille Emperor Limited
70326
Reply from developer Eleni Anna Branou 2024.03.12 21:01
Thank you very much for your great review for Local Trade Copier EA MT4 Oluwasegun! I really appreciate your feedback.
John Lim
831
John Lim 2024.03.04 10:49 
 

Got both versions MT4 and MT5. It has been smooth sailing and superb performance. Support is amazing too. Highly recommended.

Juvenille Emperor Limited
70326
Reply from developer Eleni Anna Branou 2024.03.06 14:36
Thank you so much for your fantastic review John! I am very happy to hear that you've been enjoying a smooth experience with both versions of your Local Trade Copier EA MT4 and MT5. I truly appreciate your kind words about my support. If you ever have any questions or need assistance, please don't hesitate to reach out. Happy trading, and may your success with Local Trade Copier EA continue!
Adrian.C123
34
Adrian.C123 2024.02.29 16:54 
 

Perfect seller and perfect product! Seller was promptly pinpointed my error setting, this shows seller was really in depth to his product. 5 Stars!

Juvenille Emperor Limited
70326
Reply from developer Eleni Anna Branou 2024.02.29 16:58
Thank you so much for your nice comments and fantastic review! I'm very happy to hear that you found your Local Trade Copier EA MT4 to be a perfect fit for your needs. It was my pleasure to assist you resolving any error settings you encountered. Your 5-star rating means a lot to me and serves as a great motivator. If you have any further questions or if there's anything else we can assist you with, please don't hesitate to contact me.
Paul Edward Clayfield
568
Paul Edward Clayfield 2024.02.29 14:40 
 

I had an issue today entirely of my own making and the software author was incredibly helpful. Thank you so much Elani!

Not only is she super efficient but her software is superb!!!!

Juvenille Emperor Limited
70326
Reply from developer Eleni Anna Branou 2024.02.29 15:58
Thank you so much for your kind words and positive feedback Paul! It was a pleasure assisting you with your issue, and I'm thrilled to hear that you find the Local Trade Copier EA MT4 superb. If you have any more questions or need assistance in the future, please don't hesitate to reach out. Once again, thank you very much for choosing this product.
Max
22
Max 2024.02.21 00:27 
 

The best support of my life, Anna answers all your questions and doesn't give up until you have the answers. The copier is beyond all my expectations, it's more than just a copier, it's an expert advisor in its own right, better than anything else on the market for sure. Everything that Anna has made available is completely incredible compared to the price. Thanks again for all your help

Juvenille Emperor Limited
70326
Reply from developer Eleni Anna Branou 2024.02.21 08:40
I greatly appreciate your positive feedback and excellent review Max! It's fantastic to hear that your Local Trade Copier EA MT4 has not only met but surpassed your expectations. My commitment to excellent support and delivering value at an affordable price is a top priority. If you have any further inquiries or insights to share, I am always here and ready to assist.
Newme2020
293
Newme2020 2024.02.19 22:30 
 

Works perfect (Money saver) and good support from the developer

Juvenille Emperor Limited
70326
Reply from developer Eleni Anna Branou 2024.02.19 22:43
Thank you so much for taking the time to share your positive experience with your Local Trade Copier EA MT4! I am very happy to hear that it's working perfectly for you and that it's proving to be a money saver. I am also glad to know that you found my support helpful. I am always here to assist you with any questions or concerns you may have.
Terry Alan Lamb
478
Terry Alan Lamb 2024.02.17 20:22 
 

This is easily the LEADING trade copier on the market, there is nothing this copier can't do - if you can think of it you can do it with this copier - I would trade with nothing else.

Juvenille Emperor Limited
70326
Reply from developer Eleni Anna Branou 2024.02.17 23:25
I am truly delighted by your outstanding review Terry! It's immensely gratifying to learn that Local Trade Copier EA MT4 stands out as the leading choice in the market, offering unparalleled versatility that aligns seamlessly with your trading needs. Your confidence in this product means the world to me, and I am committed to continually providing a top-notch experience.
kanjiz1
29
kanjiz1 2024.02.14 22:43 
 

This doesn't always work. I often get an error that says array out of range in 'Local Trade Copier EA MT4.mq4' (1634,16). I should have given it a better review but this error is very annoying.

Update: Thank you Eleni for the quick response to my review. The problem has been resolved. Updated my review. Thank you!!!

Juvenille Emperor Limited
70326
Reply from developer Eleni Anna Branou 2024.02.19 14:56
The 'array out of range' error is typically related to a wrong setting in the EA. It appears that you've put 'Split Copied Trades in Parts=0' which is causing the problem because you can't split a trade in 0 parts. Please try changing it to 'Split Copied Trades in Parts=1' as the default setting. If you have any difficulties or need further assistance, please don't hesitate to reach out to me directly. I'm here to help and ensure your experience with the Local Trade Copier EA MT4 is smooth. I appreciate your understanding, and it would be fantastic if you could consider updating your review to reflect the accurate performance of the EA after making this adjustment. Thank you. EDIT: I am very happy that you've been able to resolve the issue that you had and I thank you very much for your excellent updated review, I really appreciate it!
Masoud Seydeshaghi
602
Masoud Seydeshaghi 2024.02.12 16:13 
 

works what it should does perfect

Juvenille Emperor Limited
70326
Reply from developer Eleni Anna Branou 2024.02.12 17:17
Thank you very much for your excellent feedback and review for the Local Trade Copier EA MT4 Masoud, I really appreciate it!
forlada
19
forlada 2024.01.18 13:28 
 

Sofortige Lieferung, sehr schnelle Unterstützung bei der Installation, absolut reibungsloser Kaufablauf. Immer wieder gerne !

Juvenille Emperor Limited
70326
Reply from developer Eleni Anna Branou 2024.01.18 17:01
Thank you for your kind words! I am delighted to hear that you had a seamless experience with your Local Trade Copier EA MT4, from immediate delivery to fast installation support. It's my pleasure to provide you with excellent service. If you ever need assistance in the future, I am always here for you.
cgomez
67
cgomez 2023.12.27 18:04 
 

Is very easy to install, also is working perfect. I am very satisfied with this EA. 100% Also Eleni is fast to answer any questions. I will get the mt5 version soon. Thank you

Juvenille Emperor Limited
70326
Reply from developer Eleni Anna Branou 2023.12.27 18:17
Thank you so much for your great 5-star review! I am delighted to hear that your Local Trade Copier EA MT4 has been easy to install, working perfectly, and exceeding your expectations. I truly appreciate your satisfaction and prompt acknowledgment of my support. Thank you for choosing this product!
dwoolley
540
dwoolley 2023.12.20 23:36 
 

One of the best forex products I have ever purchased! This is the greatest tool in my trading strategy...the developer is the most helpful person I have ever worked with online.

Juvenille Emperor Limited
70326
Reply from developer Eleni Anna Branou 2023.12.21 00:00
Thank you so much for your glowing review! I'm thrilled to hear that the Local Trade Copier EA MT4 has become an invaluable asset to your trading strategy. Your positive feedback inspires me to continue providing top-notch support and innovative solutions.
zjtra
268
zjtra 2023.12.19 04:40 
 

works perfectly and the seller is amazing. I've purchased 4 of her utilities and they couldn't be easier to use. Helps with all questions about meta trader not just her own products. She has been a life saver for me honestly.

Juvenille Emperor Limited
70326
Reply from developer Eleni Anna Branou 2023.12.19 17:50
Thank you so much for your kind words and your great review! I'm thrilled to hear that the Local Trade Copier EA MT5 and my utilities have been working seamlessly for you. I'm always here to assist with any questions you may have. Happy trading!
ohyman
271
ohyman 2023.12.08 19:06 
 

Just used for the past 3 days , I must say cheap whit very good perfomanace, would have appreciated it it for a higher value. Thanks

Juvenille Emperor Limited
70326
Reply from developer Eleni Anna Branou 2023.12.08 22:31
Thank you very much for your great review! I am delighted you've had a great experience with Local Trade Copier EA MT4!
Parrain3
33
Parrain3 2023.11.29 16:12 
 

I put 5 stars, without hesitation, because the software is good, it works properly. It's really the work tool I needed.

Juvenille Emperor Limited
70326
Reply from developer Eleni Anna Branou 2023.11.29 16:33
Thank you so much for your kind words and the 5-star review! I'm thrilled to hear that the Local Trade Copier EA MT4 is meeting your expectations and serving as the essential tool you needed. If you ever have any questions or need further assistance, feel free to reach out. Happy trading!
Reply to review
Version 4.10 2024.04.18
!!! I strongly advise you to make this update with no open trades on the receiver account side, when all receiver copied trades have been closed !!!

The Local Trade Copier EA for MT4/5 has undergone a major update, featuring numerous fixes, improvements, and additions. It's crucial to implement this update across all your MT4/5 terminals. However, ensure there are no open trades before updating. Wait until all previously copied trades have been closed.

The copy engine and the recording of copied trades have been completely overhauled in this new version. It's essential to note that this updated version will not be compatible with any older versions of the Local Trade Copier EA MT4/5.

To reiterate, update Local Trade Copier EA MT4/5 in all your MT4/5 terminals only when there are no open trades on the receiver account side and after all receiver copied trades have been closed.

1. The 'Transmitter Comment' setting now includes a new option: typing the symbol % will include the magic number of the original Transmitter trade as a comment on the copied trade in the Receiver account.

2. In the 'Magic Numbers to Copy' and 'Magic Numbers Not to Copy' settings, you now have the option to specify whether to copy or not copy variations of magic numbers that contain a specific number. For example, if you enclose a magic number within parentheses, such as (14), the EA will either copy or not copy any trades containing '14' in their magic number (like 214 or 3146). Additionally, you now have the option to copy or not copy a range of magic numbers using the format 'first-last'. For instance, entering 3245,100-200,0 will determine whether the receiver copies or not trades with the magic number 3245, trades with magic numbers ranging from 100 to 200, and manual trades.

3. In the 'Comments to Copy' and 'Comments Not to Copy' settings, you now have the option to specify whether to copy or not copy variations of comments containing a specific part.
For example, if you enclose a comment within parentheses, such as (Expert), in this setting, it will determine whether the receiver copies or not trades containing 'Expert' in their comment (like Expert 12, Expert 20, Expert 35, etc.).

4. A new 'Transmitter Server Offset Hours' setting is now available, which determines the time difference between the transmitter's Marketwatch time and the receiver's Marketwatch server time in MT4/5. This setting addresses issues that may arise in transmitter and receiver accounts with different Marketwatch server times, particularly when using the 'Copy Current Trades', 'Copy New Trades', 'Copying Expiration in Seconds', and 'Copying Delay in Seconds' settings in the receiver account.

5. A new 'Min Distance in Points for Same Symbol/Direction Trades/Orders' setting is available that restricts the copying of market trades or pending orders with the same symbol and direction based on their proximity to each other. Its purpose is to prevent the copying of numerous and closely spaced trades/orders involving the same symbol and direction.

6. A new 'Proportional by Free Margin' lot size type is introduced. With this feature, trades from the transmitter account will be copied onto the receiver account(s), with a lot size proportional to the receiver account(s) free margin only.

7. A new 'Risk per Trade in % of Free Margin' lot size type is introduced. With this lot size type, each receiver copied trade will risk the desired percentage of the receiver account free margin when the applied SL is hit.

8. In the 'Copying from Symbol Trade/Order Number' setting, it is now possible to configure separate settings for individual symbols. For example, if you input 2,GBPUSD3,USDJPY4 the receiver will copy trades/orders for all symbols starting from the second trade/order onwards. Specifically, it will copy GBPUSD trades/orders from the third trade/order onwards and USDJPY trades/orders from the fourth trade/order onwards.

9. In the 'Maximum Risk % per Symbol' setting, you can now configure separate settings for individual symbols. For example, if you input 2,GBPUSD3,USDJPY4 the receiver will copy trades/orders for each symbol with a combined risk of up to 2%. Specifically, it will copy GBPUSD trades/orders with a combined risk of up to 3% and USDJPY trades/orders with a combined risk of up to 4%.

10. A new 'Maximum Risk % per Currency' setting is now available. This setting enables you to establish a percentage-based limit on the cumulative risk associated with all trades/orders copied for the same currency. If the total risk for that currency reaches this predefined limit, the copying process will temporarily pause. For example, if you input 2 into this setting, the receiver will copy trades/orders for each currency with a combined risk percentage of up to 2%. You can also customize settings for individual currencies. For instance, if you enter 2,EUR3,GBP4 the receiver will copy trades/orders for each currency with a combined risk percentage of up to 2%. Specifically, it will copy EUR trades/orders with a combined risk percentage of up to 3% and GBP trades/orders with a combined risk percentage of up to 4%.

11. In the 'Synchronized Trade Closure' setting now there are these options available: True: Automatically closes or deletes copied market trades and pending orders on receiver accounts immediately after the corresponding original trades/orders on transmitter accounts are closed or deleted. False: Receiver trades/orders remain open or pending even after their corresponding transmitter trades/orders are closed or deleted. True for Market Trades Only: Receiver market trades will be closed only if the corresponding transmitter positions are also market trades at that time. True for Pending Orders Only: Receiver pending orders will be deleted only if the corresponding transmitter positions are also pending orders at that time. True for Same Trade/Order Type: When a transmitter market trade is closed, the corresponding position in the receiver account will be closed if it's also a market trade. Similarly, when a transmitter pending order is deleted, the corresponding receiver position will be deleted if it's also a pending order. However, if the receiver position differs (e.g., market trade vs. pending order), it will not be affected.

12. Now, you can close all receiver copied market trades and delete all receiver copied pending orders separately, at different times, using the updated 'Close All Copied Market Trades' and 'Delete All Copied Pending Orders' settings.

13. In the 'Emergency Trade Management' section, a new 'Maximum Daily Profit' option has been added. This feature allows you to close all receiver copied trades if a desired daily profit, either in percentage of balance (or equity) or in money, is reached. This setting operates similarly to the existing 'Maximum Daily Drawdown' setting.

In conclusion, it is crucial to implement this update across all your MT4/5 terminals, ensuring that there are no open trades before updating. Wait until all previously copied trades have been closed.

This new version includes a complete overhaul of the copy engine and the recording of copied trades. It's important to note that this updated version will not be compatible with any older versions of the Local Trade Copier EA MT4/5.

To reiterate, update the Local Trade Copier EA MT4/5 in all your MT4/5 terminals only when there are no open trades on the receiver account side and after all receiver copied trades have been closed.
Version 4.0 2023.09.18
Fix of issues.
Version 3.90 2023.09.09
Local Trade Copier EA MT4 had a major update with many fixes, improvements and additions and I strongly advise you to make this update with no open trades on the receiver account side, when all receiver copied trades have been closed.

1. ​A new 'Maximum Receiver Account Magic Numbers' setting has been added, that represents the maximum number of different magic numbers that can be present in the receiver account, including trades initiated by other EAs or manual trading. This setting is useful when you have multiple receivers across different charts in the receiver account, each with different magic numbers, but you only want to copy a specified number of them simultaneously.

2. A new 'Maximum Receiver Account Symbols' setting has been added, that represents the maximum number of different symbols that can be present in the receiver account, including trades initiated by other EAs or manual trading. This setting is useful when you have multiple receivers across different charts in the receiver account, each copying different symbols, but you only want to copy a specified number of them simultaneously.

3. From now on, if you set Copy Current Trades=false, trades that were opened on the transmitter side outside of the copying hours will not be copied to the receiver account when copying resumes.

4. A new 'Retry Attempts in Seconds' setting has been added, that when it is set to 0, Local Trade Copier EA MT4 will continuously attempt to copy a trade if it is not copied instantly, for any reason (such as the market being closed or insufficient funds). If you specify a larger number of seconds, for example 30, the receiver will attempt to copy the trade every 30 seconds.

5. From now on, when the 'Keep Original TP/SL Distances' setting is enabled, Local Trade Copier EA MT4 will adjust the TP/SL levels based on the differences in open price. For example, if a buy transmitter trade at 1.08700 with a 1.08900 TP and a 1.08500 SL is copied to the receiver side at 1.08720, the TP will be 1.08920, and the SL will be 1.08520. This adjustment applies to both normal and reverse copying.

6. Three new lot size types have been added. When 'Same Lot Size' lot size type is selected, Local Trade Copier EA MT4 will copy the receiver trades with the same lot size as the original transmitter trades. When 'Multiplier by Balance' lot size type is selected, Local Trade Copier EA MT4 will use the 'Multiplier by Balance' setting for calculating the multiplier that will be used for the receiver copied trades as follows. If the receiver account balance is $10000 and the 'Multiplier by Balance' setting is 1000, the multiplier that will be used for the receiver copied trades will be 10 (10000/1000). When 'Multiplier by Equity' lot size type is selected, Local Trade Copier EA MT4 will use the 'Multiplier by Equity' setting for calculating the multiplier that will be used for the receiver copied trades as follows. If the receiver account equity is $10000 and the 'Multiplier by Equity' setting is 1000, the multiplier that will be used for the receiver copied trades will be 10 (10000/1000).

7. A new 'Automatic Split of Copied Trades' setting has been added, for automatically splitting receiver copied trades when the lot size about to be copied exceeds the maximal volume allowed for the specific symbol/instrument. For instance, if a 25-lot BTCUSD trade is about to be opened on the receiver side, and the maximal volume for BTCUSD in the receiver account is 10 lots, the receiver Local Trade Copier EA MT4 will split it into two 10-lot BTCUSD trades and one 5-lot BTCUSD trade, in order to comply with the maximal volume limitation.

8. A new 'Split Copied Trades in Parts of' setting has been added, that allows you to divide your receiver copied trades into smaller parts, each below a specified lot size, in compliance with any restrictions imposed by your broker, typically applicable to prop firms, regarding the maximum lot size for opened trades in your receiver account. For instance, if you input 0.15 into this setting and a 0.7 lot trade is about to be copied into the receiver account, it will be copied as four 0.15 lot trades and one 0.1 lot trade.

9. A new 'Custom Symbol Fixed Lot Sizes' setting has been added, that allows for different fixed lot sizes to be applied to various symbols, thereby overriding the universal fixed lot size specified in the receiver settings. For example, if a 0.2 fixed lot size is set universally, and you input EURUSD0.15,GBPUSD0.3 in this setting, the copied trades for EURUSD will use a 0.15 fixed lot size, while GBPUSD trades will use a 0.3 fixed lot size. All other symbol trades will be copied with the universal 0.2 fixed lot size setting.

10. A new 'Copying from Symbol Trade/Order Number' setting has been added, that allows you to copy trades/orders for all symbols, starting from a point later than the first trade/order. For instance, if you enter 4 into this setting, the Local Trade Copier EA MT4 will refrain from copying the initial three trades/orders of each symbol from the transmitter account to the receiver account. Instead, it will commence copying from the fourth trade/order onward. In the event that any trade/order with the same symbol as the first three transmitter trades/orders is closed, the counting will reset, and the receiver will resume counting the number of trades/orders, only considering the still open transmitter trades/orders.

11. A new 'Maximum Risk % per Symbol' setting has been added, that enables you to establish a percentage-based limit on the cumulative risk associated with all trades/orders copied for the same symbol. If the total risk for that symbol reaches this predefined limit, the copying process will temporarily pause. Please note that this setting applies only to receiver copied trades with an applied Stop Loss. If you enter a non-zero value in this setting, it will prevent any trade/order without an applied SL from copying to the receiver account.

12. A new 'Maximum Account Risk %' setting has been added, that allows you to set a percentage limit on the total risk of all receiver copied trades/orders. Copying will pause if this limit is reached. Please note that this setting applies only to receiver copied trades with an applied Stop Loss. If you enter a non-zero value in this setting, it will prevent any trade/order without an applied SL from copying to the receiver account.

13. The 'Synchronized Trade Closure' setting will now enable you to specify whether you want to automatically close all copied trades or delete pending orders placed by the Local Trade Copier EA MT4 on receiver accounts immediately after the corresponding original trades on the transmitter accounts are closed or deleted, separately.

14. A new 'Closure Better Price' setting has been added, with the option to determine whether receiver copied trades should be closed at a better, worse, or the same price compared to the transmitter trades when they close, as per your configuration. Warning: Enabling this option may result in missing the closure of a receiver copied trade completely, if the market moves rapidly against you, potentially leaving an unmanaged trade.

15. A new 'No Copying if Transmitter Drawdown %>' setting has been added, that allows you to temporarily halt the copying of new trades to the receiver account if the current drawdown in the transmitter account exceeds a specified level. Copying will resume once the drawdown in the transmitter account improves beyond the value set in this setting. For example, if No Copying if Transmitter Drawdown %>=20 the Local Trade Copier EA MT4 will cease copying new trades to the receiver account if the transmitter's current drawdown surpasses 20%. Copying will resume when the transmitter's drawdown falls below 20%.

16. A new 'Copy Only if Transmitter Drawdown % per Symbol>' setting has been added, that allows the user to copy trades for each symbol from the transmitter account to the receiver account only when the combined drawdown of all transmitter trades for that specific symbol exceeds a specified threshold. For example, if Copy Only if Transmitter Drawdown % per Symbol>=2 the receiver account will start copying the transmitter's trades for each symbol only when the combined drawdown of all trades for that symbol in the transmitter account surpasses 2%. Once this condition is met, all transmitter trades for that symbol will be copied. If the combined drawdown for those symbol trades in the transmitter account subsequently falls below 2%, new transmitter trades for that symbol will not be copied until the combined drawdown for those symbol trades rises above 2% again.

17. The 'Maximum Daily Drawdown' setting can now be calculated based on your receiver account's balance or equity as of 23:59:59 the previous day, allowing you to choose between a percentage or a specific amount, offering greater flexibility.

** I strongly advise you to make this update with no open trades on the receiver account side, when all receiver copied trades have been closed. **
Version 3.80 2023.04.24
Local Trade Copier EA MT4 had a major update with many changes and additions and I strongly advise you to make this update with no open trades on the receiver account side, when all receiver copied trades have been closed.

1. Copy Long/Short true/false settings are now applied correctly to pending orders too.

2. Split Copied Trades in Parts setting works smoothly now, overriding maximal volume issues on the receiver accounts.

3. Maximum Number of Copied Magic Numbers and Maximum Number of Copied Symbols settings have been added, that allow to copy only a certain number of magic numbers or symbols at the same time on the receiver accounts.

4. Add/Subtract Points in TP/SL Levels settings have been added that can add or subtract certain number of points in the TP/SL levels of the original transmitter trades on the receiver copied trades.

5. The option not to copy transmitter trades to the receiver side if these don't have an applied stop loss level, has been added.

6. A Copy Market Trades=true/false setting has been added, allowing the user to copy only pending orders and not market trades.

7. Copying Delay in Seconds and Closure Delay in Seconds settings have been added, that allow the user to copy and close the transmitter trades to the receiver side with a certain number of seconds delay.

8. All lot size types that were previously calculated based on the account's balance can now also be calculated based on the account's equity.

9. A Reopen Closed Copied Trades setting has been added that allows the user to reopen receiver closed copied trades instantly or at the opening price if these are still running in the transmitter side.

10. Take profit can now be applied on the receiver copied trades based on risk/reward ratio of the copied stop loss.

11. New automatic partial closure settings have been added, that allow the user to close automatically and partially all receiver copied trades at 3 % take profit and 3 % stop loss levels for 3 % levels of the copied lot size.

12. Finally, a new Maximum Daily Drawdown % setting has been added that will close all receiver copied trades and pause copying until the next day, when it is reached. This will allow users to work with LTC on prop firms more effectively.

** I strongly advise you to make this update with no open trades on the receiver account side, when all receiver copied trades have been closed. **
Version 3.70 2023.01.21
Fix of an issue with lot size rounding.
Version 3.60 2022.12.22
Fix of an issue.
Version 3.50 2022.12.19
Local Trade Copier EA MT4 had a major update with many changes and additions and I strongly advise you to make this update with no open trades on the receiver account side, when all receiver copied trades have been closed.

1. The opening/placement of copied trades/orders has been changed, applying TP/SL levels along with the trade opening. This will make trade copying even faster and will allow LTC to be used smoothly with prop firms.

2. The copy time settings format has been changed, allowing to put time periods that copying will be allowed, excluding specific times. For example if a user wants to pause copying 1 hour before and 1 hour after the NFP announcement on Friday (GMT+2 time) he can put Copy on Friday=00:00:00-14:30:00,16:30:00-23:59:59 and that way LTC will copy up to 14:30, then will pause copying until 16:30 and will copy normally again from 16:30 till midnight.

3. Take Profit and Stop Loss Multipliers have been added that will give the user the opportunity to increase or decrease the copied TP/SL levels of the original transmitter trades. These multipliers are 1 by default in order to copy the original TP/SL levels, but if the user puts for example Take Profit Multiplier=1.5 and Stop Loss Multiplier=2 the receiver copied trade will increase the applied take profit level by 150% and the applied stop loss level by 200%. In other words a 100 points transmitter TP will be copied as a 150 points receiver TP and a 200 points transmitter SL will be copied as a 400 points receiver SL.

4. Opposite Logic has been renamed Reverse Copying and a new Keep Original TP/SL Distances has been added that if it is true will apply the original transmitter TP/SL levels in points on the receiver opposite trade, but reversed of course. For example until now if a buy transmitter trade was opened with 100 points TP and 200 points SL, the opposite receiver trade was copied with a 100 points SL and 200 points TP, in order the receiver trade to close at the same time with the original transmitter trade. Now with Keep Original TP/SL Distances=true LTC will apply the original 100 points TP and 200 points SL on the receiver copied trade.

5. Two new lot size types have been added, Risk per Trade in % of Balance and Risk per Trade in Money. When any of these are selected the lot size of the receiver copied trades will be such that when the original SL is hit the receiver copied trade will lose a predefined by the user % of receiver account balance or a sum in money. These 2 new lot size types will work only if the receiver copied trades have a SL level of course, otherwise they can't be calculated properly.

6. A new Split Copied Trades in Parts setting has been added, which is 1 be default, giving the opportunity to copy the receiver copied trades in many lot size parts, overcoming brokers limitations in this area. If your broker has a small maximum lot size limit or the market liquidity is thin and you can't open large trades with their original lot size, you can split your receiver copied trades into smaller parts. If for example Split Copied Trades in Parts=3 a 1 lot transmitter trade with a Multiplier=1 lot size type setting in the receiver side, will be copied as three 0.33 0.33 and 0.34 trades.

7. Two new Ignore Transmitter Lot Size Below and Ignore Transmitter Lot Size Above settings have been added that will allow the user to filter the transmitter original trades by their lot size and to be copied or not on the receiver side.

8. Partial closure has been re-coded and will work perfectly and smoothly on the receiver copied trades from now on, exactly as it works on the transmitter side. Also partial closure can now be turned off if the user puts Apply Partial Closure=false in the receiver side settings.

9. Until now the user of LTC could apply its own TP/SL/BE and trailing SL levels in points onto the receiver copied trades. Now new TP/SL/BE and trailing SL levels in money have been added, making it easier to apply your desired TP/SL levels in account currency. These new levels in money will not work with the new Risk per Trade in % of Balance and Risk per Trade in Money lot size type settings, because its not possible to calculate the lot size and stop loss in money at the same time for a given copied trade. One variable of them has to be fixed.

10. A new Closing Copied Trades in Minutes setting has been added, that will allow the user to close each receiver copied trade after a certain number of minutes.

11. A No Copy if Transmitter Drawdown %> has been added that will allow the user to copy the transmitter original trades on the receiver side, only if the transmitter account has reach a certain drawdown. For example if No Copy if Transmitter Drawdown %>=5 the receiver account will start copying the transmitter trades only when the transmitter account drawdown exceeds the 5% level. If it does all transmitter trades will be copied, if later the transmitter drawdown goes below 5% new opened transmitter trades will not be copied until the transmitter drawdown goes above 5% again.

** I strongly advise you to make this update with no open trades on the receiver account side, when all receiver copied trades have been closed. **
Version 3.40 2022.11.10
Fix of an issue with Better Price setting.
Version 3.30 2022.11.09
Fix of an issue with CPU efficiency and other improvements.
Version 3.20 2022.10.31
Local Trade Copier EA MT4 will now enable automatically only the symbols that are about to be copied on the receiver account.
Version 3.10 2022.10.29
Local Trade Copier EA MT4 has been updated with the following improvements:

1. Comments to Copy and not to Copy settings have been added, to filter the receiver copied trades by the transmitter comment.

2. A new Lot Size Type option has been added, the Lot Size per 1000 of Balance, that allows you to apply your desired lot size based entirely on the receiver account's balance size.

3. Total Symbol Copied Trades and Total Account Copied Trades settings have been added, that give the option to limit the receiver copied trades by number.

4. A Max Drawdown % from Balance High setting has been added, that can close all receiver copied trades and disable copying when a certain drawdown value has been reached from the highest level of receiver account's balance.

5. A No Copying if Drawdown %> setting has been added that gives the option to suspend copying new trades on the receiver account if the current drawdown exceeds a certain level. Copying will resume when the drawdown level improves above the inserted value in this setting.

6. Closing of receiver copied trades due to basket or emergency account protection settings will be done following the FIFO rule from now on, making the Local Trade Copier EA MT4 FIFO compatible.
Version 3.0 2022.08.14
Hello dear friends,

Local Trade Copier EA MT4 has been updated:

1. New Basket settings in Money have been added to close all receiver account copied trades, when the desired Basket TP/SL in Money levels have been reached.

2. An issue with Better Price Difference in Points has been fixed and now Local Trade Copier EA MT4 applies the correct open price and TP/SL levels when Better Price is used, even when Opposite Logic is true or Pending Orders are placed.

Please update your Local Trade Copier EA MT4.
Version 2.90 2022.06.03
Local Trade Copier EA MT4 has been updated with the following additions:

1. A Receiver Comment setting has been added, that gives the user the option to print the desired comment on the receiver account copied trades, overriding any transmitter comment.

2. Better Price option now allows the input of negative values, giving the use the opportunity to copy transmitter trades onto the receiver account, when a certain level or profit has been reached on the transmitter opened trades.

3. A Close All Copied Trades on certain day and time option has been added, that allows the user to close all receiver account copied trades at a specific day (or very day) and time.

4. Prefix and Suffix of the Transmitter Account settings have been added that make the copying from brokers with non dot prefixes and suffixes (like mEURUSD or EURUSDm) much easier. Automatic mapping of dot prefixes and suffixes (like r.EURUSD or EURUSD.r) continues to work as before.

For more details on these new settings please read carefully the settings/inputs guide: https://www.mql5.com/en/blogs/post/745681
Version 2.80 2022.05.01
Small fix.
Version 2.70 2022.05.01
Local Trade Copier EA MT4 has been updated with the following additions:

1. An extra option has been added to the Transmitter Comment setting, now the user can type the symbol @ in the transmitter side setup and the trade ID of the transmitter trades will be printed as a comment in the receiver copied trades.

2. An Allow TP/SL Manual Change true/false setting has been added that when it is true allow the user to modify the TP/SL levels of the copied receiver trades, after the transmitter TP/SL levels have been applied.

3. Finally Total Symbol Copied Volume and Total Account Copied Volume settings have been added, that give the user the opportunity to set total lot size limits for the receiver copied trades on symbol and account level.

For more details on these new settings please read carefully the settings/inputs guide: https://www.mql5.com/en/blogs/post/745681
Version 2.60 2022.04.04
Fix of a Copying Expiration in Seconds issue.
Version 2.50 2022.03.24
Addition of a Minimum Volume Step setting to allow the copying of smaller than 0.01 lot sizes, for example binary volatility indexes.
Version 2.40 2022.03.08
Local Trade Copier EA MT4 has been updated with the following additions:

1. Magic Numbers to Copy setting has been added to make it easier to copy some magic numbers only, without the need to exclude all others in the Magic Numbers Not to Copy setting.

2. Symbols to Copy setting has been added to make it easier to copy some symbols only, without the need to exclude all others in the Symbols Not to Copy setting.

3. Copying Start Time and Copying End Time settings have been added, to allow time control of copying onto the receiver account.

4. Copy on Monday to Sunday true/false settings have been added to allow control over the days copying is allowed to the receiver account.

5. Maximum Spread in Points settings has been added to filter the copying of trades onto the receiver account, based on spread.

6. A Better Price Difference in Points setting has been added to make it possible to open copied receiver trades with a certain number of points improvement in opening price. For example if the transmitter buy open price is 1.08800 and this setting is 50, the receiver copied buy trade will be opened at 1.08750.

7. Custom Symbol Multipliers setting has been added, to allow different multipliers for various symbols, overriding the universal multiplier applied in the receiver settings. If for example a 2 multiplier has been set and in this setting you put: EURUSD3,GBPUSD4 the EURUSD receiver copied trades will be copied with a 3 multiplier and the GBPUSD trades with a 4 multiplier.

8. Minimum and Maximum Copying Lot Size settings have been added, to allow control over the minimum and maximum lot size that will be copied onto the receiver account. If for example you have a Maximum Copying Lot Size=5 setting and a receiver trade is about to be copied with a 7.50 lot size, it will be limited and opened as a 5 lots trade.

9. Ignore Copying Lot Size Below and Above settings have been added, to allow control over the size of trades that the user may not want to copy over the receiver account. So any size below or above these settings will NOT be copied at all.

10. Finally the option to use Virtual/Hidden TP, SL, BE and trailing SL levels has been added, to allow the user to hide these levels on the receiver account. There is also an option to show these virtual levels on chart, but this is only possible to the chart the Local Trade Copier EA MT4 is attached onto.
Version 2.30 2022.02.10
Fix of an issue with updating the open price of pending orders on the receiver account side, that didn't work properly.
Version 2.20 2022.02.09
Fix of a bug.
Version 2.10 2022.02.02
Fix of a bug with opposite logic.
Version 2.0 2022.01.27
Fix of an issue with copying of binary volatility indexes.
Version 1.90 2022.01.21
Addition of Proportional Multiplier lot size calculation in Lot Size Types of the Local Trade Copier EA MT4. This new algorithm calculates the lot size of the receiver copied trades based on the balances of the transmitter and receiver account with an extra multiplier that can increase or decrease the final copied lot size. The Proportional Multiplier value has been also added in the settings.
Version 1.80 2021.12.07
Minor fix.
Version 1.70 2021.12.06
Local Trade Copier EA MT4 was updated with the following improvements:

1. Partial closure algorithm was updated in order to address some issues and now works smoothly in all cases.

2. A Use Copying Expiration in Seconds: true/false option was added in order not to get in the way of copying current/already opened trades and missed trades that weren't copied after a network disruption.

3. Transmitter account apostrophe ' suffix will now be mapped automatically as all other prefixes/suffixes.

4. When both transmitter and receiver accounts use the same prefix/suffix, mapping will be done automatically, without the need of any special setup in the receiver account side.

5. 20 extra Special Symbols have been added, so a total of 30 Special Symbols are now available for cases of symbols and instruments that can't be mapped automatically or through the Prefix/Suffix of the Receiver Account setting.
Version 1.60 2021.10.11
Fix of an issue.
Version 1.50 2021.09.17
Improvements and addition of the option to have the original comment of the transmitter trade copied to the receiver account. Now the Transmitter Comment setting has 3 options: to leave it empty and that way there will be no comment on the receiver side, to write your own comment and that will be printed in the comment section of the receiver copied trade or type # and this will copy the original comment of the transmitter trade to the receiver account.
Version 1.40 2021.09.02
Improvements.
Version 1.30 2021.07.28
Addition of the Account Take Profit Equity setting. This is the equity amount of the receiver account over which the Local Trade Copier EA MT4/5 will close all open trades and disable copying. This must be a higher level than current equity.
Version 1.20 2021.07.27
Addition of transmitter account comment. Now the comment of each copied trade will come from the transmitter account side and not the receiver.
Version 1.10 2021.07.26
Local Trade Copier EA MT4 was updated with the following additions:

1. Certain symbols can be excluded from copying onto the receiver account (Symbols not to Copy).

2. Trade, daily and emergency notifications can now work independently.

3. In the daily and emergency equity notifications, multiple times and equity levels can now be entered, separated by commas (for example 00:00,12:00 or 8000,12000).

4. The EA Comment was replaced by an automatic comment option, that prints the Transmitter account number in the receiver account's comment section (for example: Copied from #123456).