Market / MetaTrader 4 / Utilities /

Local Trade Copier EA MT4

50 USD

Demo downloaded: 615

Published: 14 July 2021

Current version: 3.80

Local Trade Copier EA MT4

Utilities
Juvenille Emperor Limited
Version: 3.80
Updated: 24 April 2023
Activations: 10000

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. With 10000 activations, 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. Then watch the quick setup video below and perform the same setup in your demo accounts to try out the Local Trade Copier EA MT4 before your purchase. The free demo version is fully functional, but on demo accounts only.

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

Features

High speed copying (under 0.5 sec) between local ΜΤ4 and MT5 terminals*
Supports МТ4>МТ4, МТ4>МТ5, МТ5>МТ4 copying*

Straightforward and easy to use interface with a simple 1 minute setup

Works on Windows computers and Windows VPSs
Copies from real>real, real>demo, demo>real and demo>demo accounts, between all brokers

One or more transmitter accounts can copy to one or more receiver accounts

Fixed lot, multiplier, proportional by balance or equity, proportional multiplier by balance or equity and lot size per 1000 of balance or equity lot size options

Risk per trade in % of balance/equity or in money lot size options are also available

Can copy from a read only investor password transmitter account

Copies & multiplies trades from any source, including manual trades

Multiplication of signal subscription trades with self copier option is available

You can still trade manually or use expert advisors on the same account without any conflicts

Does not lose settings if the connection is lost or the transmitter or receiver terminal is restarted

High accuracy copying with low computing power requirements

Transmitter and receiver comment options are available

Filtering of copied trades by magic number, symbol, comment, number or volume

Day and time control settings for your copying, allowing multiple time periods within a day

Copies or not, long/short, old/new trades, market trades or pending orders

Copies or not, take profit and stop loss levels from original transmitter trades

Copies or not trades/orders based on whether they have or not an applied stop loss level

Take profit and stop loss multipliers are available to increase or decrease original TP/SL levels

Add or subtract points to the original transmitter TP/SL levels in the receiver copied trades

Take profit based on risk/reward ratio of the copied stop loss is also available

Allows the user to modify or not the applied TP/SL levels of the receiver copied trades manually

Maximum spread, slippage & price difference in points and delay of copying in seconds options

Copying opening and closing delay in seconds option

Better price option, can copy at the same, worse or better level than the transmitter open price

Reverse copying option with reversal or original TP/SL levels applied

Split copied trades in many smaller parts option to overcome maximal volume or liquidity issues

Minimum/maximum lot size options for receiver copied trades are available

Ignore minimum/maximum transmitter or receiver lot size options

Apply or not synchronized trade closure and correct partial closure on receiver copied trades

Reopening of closed receiver trades instantly or at the opening price is available if the original transmitter trades are still open

Virtual take profit, stop loss, break even and trailing stop loss levels are available

Apply your own take profit, stop loss, break even and trailing stop loss levels in points or in money

Automatic partial closure settings at 3 % take profit and 3 % stop loss levels for 3 % levels of the copied lot size

Close all copied trades at a certain time of a specific day, every day or in a number of minutes

Basket take profit, stop loss, break even and trailing stop loss settings in % and in money for all copied trades combined

Emergency account protection, closes all copied trades & disables copying on TP/SL equity level or drawdown %

Maximum daily drawdown % setting closes all copied trades and pauses copying until the next day when it is reached

No copying if receiver drawdown exceeds a certain percentage % level

Copy only if transmitter drawdown exceeds a certain percentage % level

Email and push notifications for copied trades or receiver balance, equity & margin levels

Prefix and suffix auto detection and setup for smooth copying between different brokers

Mapping of up to 30 special symbols for correct copying of commodities & indexes between various brokers

10000 activations to install, use and enjoy your product forever, in as many terminals, computers and VPSs you like

Self Copier mode is MQL5 VPS compatible

100% automated expert advisor

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

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

more...

tpy 2023.06.04 12:14 #

im so amazed at this EA. it has so much options and is very stable. the support level is through the roof. replies come back within an hour or less. and always so kind to explain to me the features. highly recommended.

angrygavin 2023.05.19 02:28 #

Clean and simple. Superb!

rtagliavia 2023.05.06 18:11 #

Excellent product works great and is very well documented to get the most out of it.

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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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MT4 Alert Signal Trader is an EA that helps you trade MT4 Alert popup. Some indicators can provide signals by showing an alert popup containing signal texts. This EA will read and trade these signal texts. The alert texts should contain at least 2 elements: (1) a symbol text (ex: "EURUSD") and (2) a command type (ex: "Buy", "Sell", "Close") that trigger EA's trading activities. Some other contents that may have or not are open price, stop loss, take profit values... The EA needs an aweso

149 USD

Experience exceptionally fast trade copying with the Local Trade Copier EA MT5 . 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 MT5 offers a wide range of options to customize it to your specific needs. With 10000 activations, it's the ultimate solut

50 USD

Matrix Arrow Indicator MT5 is a unique 10 in 1 trend following 100% non-repainting multi-timeframe indicator that can be used on all symbols/instruments: forex, commodities, cryptocurrencies, indices, stocks . Matrix Arrow Indicator MT5 will determine the current trend at its early stages, gathering information and data from up to 10 standard indicators, which are: Average Directional Movement Index (ADX) Commodity Channel Index (CCI) Classic Heiken Ashi candles Moving Aver

75 USD

Heiken Ashi EA ΜΤ4 is a fully automated Expert Advisor for trading the Classic or Smoothed Heiken Ashi candles at an entirely new approach. Heiken Ashi EA MT4 opens a single trade after the first different color candle's close and an opposite trade on every Heiken Ashi color change. There is an option to use this EA by opening the first trade after the 1st Heiken Ashi candle of different color has been closed and then open a new same direction trade on every candle, as long as the color

80 USD

Matrix Arrow Indicator MT4 is a unique 10 in 1 trend following 100% non-repainting multi-timeframe indicator that can be used on all symbols/instruments: forex, commodities, cryptocurrencies, indices, stocks. Matrix Arrow Indicator MT4 will determine the current trend at its early stages, gathering information and data from up to 10 standard indicators, which are: Average Directional Movement Index (ADX) Commodity Channel Index (CCI) Classic Heiken Ashi candles Moving Average Moving A

75 USD

Heiken Ashi EA ΜΤ5 is a fully automated Expert Advisor for trading the Classic or Smoothed Heiken Ashi candles at an entirely new approach. Heiken Ashi EA MT5 opens a single trade after the first different color candle's close and an opposite trade on every Heiken Ashi color change. There is an option to use this EA by opening the first trade after the 1st Heiken Ashi candle of different color has been closed and then open a new same direction trade on every candle, as long as the color

80 USD

Signal Multiplier EA MT4 is not another lot size multiplier. Apart from multiplying the lot size of your signal subscription's trades (or any other trades, from expert advisors, manual etc.), will also monitor your trades, send you email & push notifications for every new original and multiplied trade (if you want of course) and/or daily notifications at a pre-defined time with your account's basic details, such as balance, equity and margin levels, but most importantly of all will close all ope

30 USD

Basket EA MT5 is the best profit harvester and the ultimate account protector, all in one very simple to use solution. The idea behind Basket EA ΜΤ5 is to be able to control your overall trading account's profit and/or loss at a basket level, for all your open positions combined. It offers basket take profit, stop loss, break even and trailing stop loss settings in percentage of account's balance or in account currency (in money) for all managed positions. It allows management or exclusion f

30 USD

Matrix Arrow EA MT5 is a unique expert advisor that can trade the Matrix Arrow Indicator's MT5 signals with a trade panel on the chart, manually or 100% automatically. Matrix Arrow Indicator MT5 will determine the current trend at its early stages, gathering information and data from up to 10 standard indicators, which are: Average Directional Movement Index (ADX) Commodity Channel Index (CCI) Classic Heiken Ashi candles Moving Average Moving Average Convergence Divergence (MACD)

100 USD

Moving Average EA ΜΤ5 is a fully automated Expert Advisor that takes the trading of Moving Average to a whole new level. Moving Average EA MT5 can either open one buy trade when MA turns up (blue color MA) or one sell trade when MA turns down (red color MA) or can open a new same direction trade on every new candle, as long as the slope direction of the Moving Average remains unchanged. A series of unique settings make this EA extremely versatile. This EA comes with provided set files for ma

60 USD

Matrix Arrow EA MT4 is a unique expert advisor that can trade the Matrix Arrow Indicator's MT4 signals with a trade panel on the chart, manually or 100% automatically. Matrix Arrow Indicator MT4 will determine the current trend at its early stages, gathering information and data from up to 10 standard indicators, which are: Average Directional Movement Index (ADX) Commodity Channel Index (CCI) Classic Heiken Ashi candles Moving Average Moving Average Convergence Divergence (MACD) Rel

100 USD

Basket EA MT4 is the best profit harvester and the ultimate account protector, all in one very simple to use solution. The idea behind Basket EA ΜΤ4 is to be able to control your overall trading account's profit and/or loss at a basket level, for all your open positions combined. It offers basket take profit, stop loss, break even and trailing stop loss settings in percentage of account's balance or in account currency (in money) for all managed positions. It allows management or exclusion fro

30 USD

Price Action Indicator MT4 calculates the buying/selling force level balance of any symbol/instrument, based on pure price action data of the specified (8 by default) past candles. This will give you the closest market sentiment possible by monitoring the price action of 32 symbols/instruments that are available on the indicator's panel. A buying/selling force level over 60% gives a quite solid level for buy/sell the specific symbol (using the default settings). Price Action Indicator MT4 has

40 USD

Manual Trade Panel EA MT5 is the most straightforward and easy to use trade panel you can find for MT5. It has all its options and functions in one surface, without the need of opening additional windows or panels. It is an order management, risk calculator, partial closure and account protector utility all in one extremely convenient to use interface! By using Manual Trade Panel EA MT5 you can trade many times faster and more accurate than traditional manual trading methods and that gives

40 USD

Signal Multiplier EA MT5 is not another lot size multiplier. Apart from multiplying the lot size of your signal subscription's trades (or any other trades, from expert advisors, manual etc.), will also monitor your trades, send you email & push notifications for every new original and multiplied trade (if you want of course) and/or daily notifications at a pre-defined time with your account's basic details, such as balance, equity and margin levels, but most importantly of all will close all o

30 USD

Currency Strength Indicator for MT4 is an innovative solution for any beginner or expert trader! It takes the currency strength concept to a whole new level, since it combines it with price action and can be applied on any symbol/pair, apart from the usual 28 combinations of the 8 major currencies. That means that you can trade the strength or weakness of any pair, including all currencies, major, minor and exotics, commodities and cryptos (not indexes). It is a real breakthrough product that g

40 USD

RSI EA ΜΤ4 is a unique, fully automated Expert Advisor for trading the well known and extremely efficient Relative Strength Indicator , being able at the same time to control your trading account's profit and/or loss at a basket level, for all your open positions combined. RSI EA MT4 has 4 different strategies for trading the Relative Strength Indicator, open trades on RSI extremes on live bar, open trades on RSI extremes on closed candle and open trades on RSI level crossing. This last strate

60 USD

Japanese Candlestick Patterns EA ΜΤ4 is a fully automated Expert Advisor with 8 built in strategies, based on the well known Japanese Candlestick Patterns. It has a unique number of settings that make it extremely versatile in all market conditions. This EA comes with new set files for many symbols/instruments, specially optimized for ECN Raw Spread ICMarkets accounts (New York based GMT+3 time zone servers). Other brokers or account types may be used, but you may need to make any necessary tim

60 USD

The Matrix Arrow Indicator Multi Timeframe Panel MT5 is a free add on and a great asset for your Matrix Arrow Indicator MT5 . It shows the current Matrix Arrow Indicator MT5 signal for 5 user customized timeframes and for 16 modifiable symbols/instruments in total. The user has the option to enable/disable any of the 10 standard indicators, that the Matrix Arrow Indicator MT5 consists of. All of the 10 standard indicators attributes are also adjustable, as in the Matrix Arrow Indicat

FREE

Chart Symbol Changer for MT5 is an indicator/utility that offers you the option to change the current chart symbol that is attached onto with a click of a symbol button on its panel. Chart Symbol Changer for MT5 gives you the option to configure the 32 symbol buttons to your personal preference, by adding the pairs you want to keep any eye on and trade the most. This way you will never miss an opportunity, because you can have a faster view of the market on your chart with just a few clicks.

FREE

Partial Closure EA MT5 can close partially any trade(s) on your trading account, manually by a certain percentage % of lot size and/or trade ticket or automatically in percentage % of TP/SL level for a percentage % of initial lot size in 10 take profit and 10 stop loss levels . It can manage all or any of your account's trades, by specify or exclude certain magic number or symbol trades. Tip: Download the free demo version of the Partial Closure EA MT5 and try it on your demo account:

30 USD

Moving Average EA ΜΤ4 is a fully automated Expert Advisor that takes the trading of Moving Average to a whole new level. Moving Average EA MT4 can either open one buy trade when MA turns up (blue color MA) or one sell trade when MA turns down (red color MA) or can open a new same direction trade on every new candle, as long as the slope direction of the Moving Average remains unchanged. A series of unique settings make this EA extremely versatile. This EA comes with provided set files for ma

60 USD

Japanese Candlestick Patterns EA ΜΤ5 is a fully automated Expert Advisor with 8 built in strategies, based on the well known Japanese Candlestick Patterns. It has a unique number of settings that make it extremely versatile in all market conditions. This EA comes with new set files for many symbols/instruments , specially optimized for ECN Raw Spread ICMarkets accounts (New York based GMT+3 time zone servers). Other brokers or account types may be used, but you may need to make any necessary

60 USD

RSI EA ΜΤ5 is a unique, fully automated Expert Advisor for trading the well known and extremely efficient Relative Strength Indicator , being able at the same time to control your trading account's profit and/or loss at a basket level, for all your open positions combined. RSI EA MT5 has 4 different strategies for trading the Relative Strength Indicator, open trades on RSI extremes on live bar, open trades on RSI extremes on closed candle and open trades on RSI level crossing. This last strateg

60 USD

The Matrix Arrow Indicator Multi Timeframe Panel MT4 is a free add on and a great asset for your Matrix Arrow Indicator MT4 . It shows the current Matrix Arrow Indicator MT4 signal for 5 user customized timeframes and for 16 modifiable symbols/instruments in total. The user has the option to enable/disable any of the 10 standard indicators, that the Matrix Arrow Indicator MT4 consists of. All of the 10 standard indicators attributes are also adjustable, as in the Matrix Arrow Indicator MT4 . The

FREE

Chart Symbol Changer for MT4 is an indicator/utility that offers you the option to change the current chart symbol that is attached onto with a click of a symbol button on its panel. Chart Symbol Changer for MT4 gives you the option to configure the 32 symbol buttons to your personal preference, by adding the pairs you want to keep any eye on and trade the most. This way you will never miss an opportunity, because you can have a faster view of the market on your chart with just a few clicks.

FREE

Currency Strength Trade Panel EA MT5 takes the currency strength concept to a whole new level, since it combines it with price action and can be applied on any symbol/pair, apart from the usual 28 combinations of the 8 major currencies. That means that you can trade the strength or weakness of any pair, including all currencies, commodities and cryptos (not indexes). It is a real breakthrough product that gives you a clear insight of 16/32 symbols with one glimpse, by using colored bars that in

60 USD

Currency Strength Indicator for MT5 is an innovative solution for any beginner or expert trader! It takes the currency strength concept to a whole new level, since it combines it with price action and can be applied on any symbol/pair, apart from the usual 28 combinations of the 8 major currencies. That means that you can trade the strength or weakness of any pair, including all currencies, major, minor and exotics, commodities and cryptos (not indexes). It is a real breakthrough product that g

40 USD

Partial Closure EA MT4 can close partially any trade(s) on your trading account, manually by a certain percentage % of lot size and/or trade ticket or automatically in percentage % of TP/SL level for a percentage % of initial lot size in 10 take profit and 10 stop loss levels . It can manage all or any of your account's trades, by specify or exclude certain magic number or symbol trades. Tip: Download the free demo version of the Partial Closure EA MT4 and try it on your demo account: here Par

30 USD

60 USD

Price Action Trade Panel MT5 calculates the buying/selling force level balance of any symbol/instrument, based on pure price action data of the specified (8 by default) past candles. This will give you the closest market sentiment possible by monitoring the price action of 32 symbols/instruments that are available on the indicator's panel. A buying/selling force level over 60% gives a quite solid level for buy/sell the specific symbol (using the default settings). Price Action Trade Panel MT5

60 USD

Filter:

tpy 2023.06.04 12:14 #

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Reply from developer Eleni Anna Branou 2023.06.04 12:16 #

I really appreciate your warm hearted comments and excellent review! Thank you very much!

angrygavin 2023.05.19 02:28 #

Clean and simple. Superb!

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Reply from developer Eleni Anna Branou 2023.05.19 10:20 #

Thank you very much for your excellent review!

rtagliavia 2023.05.06 18:11 #

Excellent product works great and is very well documented to get the most out of it.

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Reply from developer Eleni Anna Branou 2023.05.06 18:12 #

Thank you very much for your excellent feedback and review, I really appreciate it!

Timo Kumpf 2023.04.25 14:32 #

Awesome Product! works perfect and has so many options to set! Thanks

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Reply from developer Eleni Anna Branou 2023.04.25 14:36 #

Thank you very much for your excellent review for Local Trade Copier EA MT4 Timo!

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Cheo Chuan Tseng Cowen 2023.04.19 14:46 #

Will totally recommend any product that this developer creates! Many products on mql5 have unresponsive developers and are mostly scammy but Eleni's products are top notch with top notch customer service! This isn't just a trade copier, it's a trader copier with so many add on settings that can help you tweak your trades better!

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Reply from developer Eleni Anna Branou 2023.04.19 22:54 #

Thank you very much Cheo for your warmhearted comments and excellent review!

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Felix Yuwono 2023.04.05 17:10 #

Positive Feedback

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Reply from developer Eleni Anna Branou 2023.04.05 19:41 #

Thank you very much Felix for your new excellent review for the Local Trade Copier EA MT4 too! I really appreciate it.

Hamlik A 2023.03.25 19:12 #

Excellent product and support. My Emails are answered before I'm done typing it! lol :D Very quick response time and very useful guides as well.

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Reply from developer Eleni Anna Branou 2023.03.25 19:14 #

Thank you very much for your great review and kind comments Hamlik! I really appreciate it.

rsteven 2023.03.16 02:38 #

Very good and helpful EA. Eleni support is outstanding. Highly recommended.

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Reply from developer Eleni Anna Branou 2023.03.16 09:31 #

Thank you very much for your nice comments and excellent review!

1124

Yuan Liu 2023.03.03 05:33 #

Good！

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Reply from developer Eleni Anna Branou 2023.03.03 09:32 #

Thank you very much for your 5 star review!

555

Igor Isakov 2023.02.28 15:28 #

Perfect product, works like a swiss clock and plenty of useful functions. Eleni support is outstanding. Highly recommended.

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Reply from developer Eleni Anna Branou 2023.02.28 15:30 #

Thank you very much for your warm-hearted comments and your excellent review Igor, I really appreciate it!

223

Triumph82 2023.02.24 08:44 #

Excellent article. Fonctionne parfaitement et simple d'utilisation. Attention ne pas activer si vous avez des positions déjà ouvertes sur le compte émetteur !!!! Ne faites pas la même erreur que moi !!! Lisez bien les instructions avant de vous lancer Encore superbe travail... Bravo....

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Reply from developer Eleni Anna Branou 2023.02.24 09:08 #

Thank you very much for your excellent review! There are options in the settings that allow you to copy or not already open transmitter trades, so by turning Copy Current Trades=false you can choose not to copy those in the receiver side.

294

TopFX 2023.02.13 17:22 #

I am really happy using this Software. It fulfills all my requirements and Eleni provides an outstanding support. Many thanks!!!

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Reply from developer Eleni Anna Branou 2023.02.13 17:31 #

Thank you very much for your excellent review! I am really happy to help whenever is needed and I will always will.

142

Sergio Allendes 2023.01.04 12:55 #

Excellent product, it works perfectly, both the product and Eleni attention deserve a 5/5 🔥🔥🔥

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Reply from developer Eleni Anna Branou 2023.01.04 12:56 #

Thank you very much Sergio for your excellent comments and review! I really appreciate it.

Pragon Pariyavatkul 2022.12.31 16:41 #

I bought both MT4 and 5 versions. Constant update with great features and quick support. Highly recommended

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Reply from developer Eleni Anna Branou 2022.12.31 16:43 #

Thank you very much for your great review Pragon! I also thank you for your ideas that will help to make Local Trade Copier EA MT4/5 even better.

253

Doria Savy 2022.12.23 14:25 #

MAGNIFIQUE UN GRAND BRAVO AU CREATEUR !!!

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Reply from developer Eleni Anna Branou 2022.12.23 16:04 #

Thank you very much for your kind comment and your excellent review Doria!

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Dan Burcut 2022.12.15 23:19 #

I have to be honest, this is all you will ever need. Thank you Dev! Great job!

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Reply from developer Eleni Anna Branou 2022.12.15 23:21 #

I am really touched by your great comments and review Dan! This gives me more energy to keep improving our copier!

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Hagen Knoblauch 2022.11.08 09:17 #

The best trade copier of all those tested. The functions go far beyond a simple copy. The service is fast, friendly and competent.

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Reply from developer Eleni Anna Branou 2022.11.08 09:18 #

Thank you very much Hagen for your nice comments and excellent review, I really appreciate it!

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HO YUEN DAVID SIN 2022.10.29 12:13 #

I have experiences with quite some Trade copier EAs. I found this Local Trade Copier to my surprise. With such level of price tag, it gives almost all functions! With Local Trade Copier you can get almost all functions you will ever need for trade coping. With Local Trade Copier, it is hard to find any shortage of functions for Trade Copying. With very strong efforts, I found one idea of new function and reported to the author, Eleni. Again, to my surprise, he gave the response shortly. And after some explanation and exchange of ideas, he adopted the idea into his new update with very fast manner! This is my best purchase experience on MQL5. It is very much recommended if you are looking for a top trade copier.

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Reply from developer Eleni Anna Branou 2022.10.29 12:16 #

I was very happy to address your logical and useful request David. Thank you very much for your kind comments and great review!

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Fabien Desablens 2022.10.19 19:28 #

The best copy software and the best support from Eleni everyday she'll answer you really quickly. ⭐⭐⭐⭐⭐

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Reply from developer Eleni Anna Branou 2022.10.19 19:56 #

Thank you really very much for your kind comments and excellent review Fabien!!!

pochobedoya 2022.10.19 18:33 #

This Copy Trader is a great tool . Im very happy with it and the excelent customer service. Thank you very much. Lots of Success for you and for everybody!

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Reply from developer Eleni Anna Branou 2022.10.19 18:34 #

Thank you very much for your nice comments and excellent review! I wish you all the best with your efforts.

1 2 3

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).