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Local Trade Copier EA MT5

5

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. 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 MT5 demo version in your demo account: here

Paste the downloaded free demo file into your MT5 >> File >> Open Data Folder >> MQL5 >> 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 MT5 >> 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 MT5 Installation & User Guide  |   Local Trade Copier EA MT5 Settings/Inputs Guide   |   Local Trade Copier EA MT5 Troubleshooting Guide   |   Update of a Purchased Product


* you must purchase Local Trade Copier EA MT4 for copying from/or to MT4 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
Darius Liss
610
Darius Liss 2024.05.10 20:48 
 

User-friendly setup. Takes just one minute. Excellent Support. Offers outstanding customer support. Expect prompt and helpful responses for any questions.

ccou
385
ccou 2024.04.18 14:22 
 

Eleli Anna really understands which features can help the traders, excellent communication 5 stars !

DianaForex1097
69
DianaForex1097 2024.04.14 19:42 
 

A really complete guide. An ea easy and with all possible features. I like it

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4.43 (7)
The added video will showcase all functionality, effectiveness, and uses of the trade manager. Drag and Drop Trade Manager. Draw your entry and have the tool calculate the rest. Advanced targeting and close portions of a trade directly available in tool (manage trades while you sleep). Market order or limit order on either side with factored spread. Just draw the entry, the tool does the rest. Hotkey setup to make it simple. Draw where you want to enter, and the stop loss, the tool calculates al
Binance History Loader
Andrey Khatimlianskii
This script is designed to download a long history of cryptocurrency quotes from the Binance exchange. You will find it perfectly suitable if you want once to download the history of cryptocurrencies for charts analyzing, collecting statistics or testing trading robots in the MetaTrader 5 strategy tester, or if you need to update the history not very frequently (for example, once a day or once a week). After running the script, you will have fully featured (but not automatically updated) cryptoc
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5 (3)
THIS EA IS A SEMI-AUTO EA, IT NEEDS USER INPUT. Manual & Test Version Please DON'T BUY this product before testing or watching my video about it. Contact me for user support & advices! MT4 Version  With this Expert Advisor, you can: Implement your own Zone Recovery strategy to capitalize on trending markets. Create Grid trading strategies, to profit from ranging markets. Place orders easily and clearly. Display your trades/strategies on the chart. Display your Take Profits/Stop Losses as a perc
Ultimate Trailing Stop EA MT5
BLAKE STEVEN RODGER
4.57 (7)
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 (overri
Copy Signals from any channel that you are a member ( without the need for a Bot Token or Admin Permissions  straight to your MT5. It has been designed with the user in mind while offering many features you need This product is presented in an easy-to-use and visually attractive graphical interface. Customise your settings and start using the product within minutes! User Guide + Demo  | MT4 Version | Telegram Version If you want to try a demo please go to the User Guide. The   Discord   To MT
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Darius Liss
610
Darius Liss 2024.05.10 20:48 
 

User-friendly setup. Takes just one minute. Excellent Support. Offers outstanding customer support. Expect prompt and helpful responses for any questions.

Juvenille Emperor Limited
70385
Reply from developer Eleni Anna Branou 2024.05.10 20:53
Thank you so much for your fantastic review Darius! I am very happy to hear that you found the setup process user-friendly and quick. Providing excellent support is one of my top priorities. If you ever have any further questions or need assistance, don't hesitate to reach out. I am always here to help!
ccou
385
ccou 2024.04.18 14:22 
 

Eleli Anna really understands which features can help the traders, excellent communication 5 stars !

Juvenille Emperor Limited
70385
Reply from developer Eleni Anna Branou 2024.04.18 14:26
Thank you very much for your great review and your kind comments! I am delighted to hear that my work and improvements really help the every day needs of traders. Please contact me if you ever need any help or support.
DianaForex1097
69
DianaForex1097 2024.04.14 19:42 
 

A really complete guide. An ea easy and with all possible features. I like it

Juvenille Emperor Limited
70385
Reply from developer Eleni Anna Branou 2024.04.14 20:00
Thank you very much for your excellent review for the Local Trade Copier EA MT5. I am really happy to hear that you found this EA easy to use and that it has all desired features. Please don't hesitate to contact me if you need any assistance or support.
Ducamass
403
Ducamass 2024.03.28 10:05 
 

Documentation is extremely well done and this is rare and has to be told. I could setup my copy easily. Thanks for this fantastic tool

Juvenille Emperor Limited
70385
Reply from developer Eleni Anna Branou 2024.03.28 10:14
Thank you so much for your kind words! I'm thrilled to hear that you found the documentation for the Local Trade Copier EA MT5 to be extremely helpful. Making the setup process easy for users like yourself was definitely a top priority for me. It's wonderful to know that you found the tool fantastic and that it met your expectations. If you have any further questions or need assistance in the future, please don't hesitate to reach out. Your satisfaction is my utmost priority. Happy trading!
safadin Abdullah
75
safadin Abdullah 2024.03.26 14:25 
 

A more than wonderful tool. This is the first time I have bought an expert and I do not feel that I was in a rush to buy it

Juvenille Emperor Limited
70385
Reply from developer Eleni Anna Branou 2024.03.26 15:55
Thank you so much for your glowing review! I am thrilled to hear that your Local Trade Copier EA MT5 has exceeded your expectations. I understand that investing in expert advisors can sometimes feel rushed, but I'm delighted to have delivered a product that resonates with you from the start. If you have any questions or need further assistance along the way, please don't hesitate to reach out. Here's to continued success in your trading journey with your purchase!
Eric Lebouthillier
377
Eric Lebouthillier 2024.03.25 12:20 
 

very solid product that work as advertised, thank you for such amazing copier :)

Juvenille Emperor Limited
70385
Reply from developer Eleni Anna Branou 2024.03.25 12:36
I greatly appreciate your feedback and excellent review Eric. I am delighted to know that you find your Local Trade Copier EA MT5 to be a reliable and effective solution. Thank you for your support!
Eric Emmrich
7077
Eric Emmrich 2024.03.07 13:15 
 

Just what I was looking for: all kind of options and compatible with my own EAs. Support from Eleni is superb as always. Highly recommended!

Juvenille Emperor Limited
70385
Reply from developer Eleni Anna Branou 2024.03.07 14:37
Thank you for the fantastic review Eric! I'm delighted to know that the Local Trade Copier EA MT5 fits your needs and works well with your EAs. I appreciate your positive feedback and ongoing support. Happy trading!
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
70385
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!
N.e.m.e.s.i.s
118
N.e.m.e.s.i.s 2024.02.29 17:23 
 

This is just awesome! Eleni does a great job. I was struggling with one set up and she helped me out till we figured it out. Her costumer care is as great as her product. I´m very satisfied and can highly recommend this product along with customer care. Thank you for everything!

Juvenille Emperor Limited
70385
Reply from developer Eleni Anna Branou 2024.02.29 18:24
Thank you so much for your kind words! I am delighted to hear that you find your Local Trade Copier EA MT5 impressive and that my customer care met your expectations. Your satisfaction means a lot to me, and I truly appreciate your recommendation. If you ever have more questions or need further assistance, don't hesitate to get in touch. Thank you for choosing this product and for your wonderful review!
Atila R Akdeniz
500
Atila R Akdeniz 2024.02.08 03:15 
 

I haven't used it much yet, so I can't comment on its performance, but from a functionality point of view, it is by far the Best Copier in the market. The description of the settings and the support from Eleni is excellent. I'll update the review after I've used it for a while.

Juvenille Emperor Limited
70385
Reply from developer Eleni Anna Branou 2024.02.08 08:23
Thank you Atila for your positive feedback! I appreciate your kind words about your Local Trade Copier EA MT5 and my support. I look forward to hearing about your experience with its performance in the future and I hope you will be satisfied enough to update the 'Reliability and usability' area to 5 stars too, especially after the upcoming update that will bring new features and improvements to the Local Trade Copier EA MT4/5.
darkcanvas
56
darkcanvas 2024.02.02 02:07 
 

The copier works very well. It has a ton of features which I don't even look at. I just wanted a simple and fast EA to copy trades on a VPS... It does that very well. And user support is great.

Juvenille Emperor Limited
70385
Reply from developer Eleni Anna Branou 2024.02.02 09:31
Thank you for the 5-star review! I am thrilled to hear that Local Trade Copier EA MT5 meets your needs for simple and fast trade copying on your VPS. I am always here to support you whenever you need assistance.
31416
287
31416 2024.01.14 08:41 
 

It works very well. Thanks a lot

Juvenille Emperor Limited
70385
Reply from developer Eleni Anna Branou 2024.01.14 10:23
Thank you very much for your 5 star review for the Local Trade Copier EA MT5! I really appreciate it.
Sogeking
206
Sogeking 2024.01.06 05:36 
 

Runs well.. Fast Execution.. So Many Options.. More Activation Code.. Support OK.. Very Recommended..

Juvenille Emperor Limited
70385
Reply from developer Eleni Anna Branou 2024.01.06 09:54
It's nice to hear that you've found your Local Trade Copier EA MT5 satisfactory for your needs. I greatly appreciate your positive review and your recommendation!
Betty Jimenez
254
Betty Jimenez 2024.01.03 01:29 
 

After 6 weeks using, I can say, 5 from 5 Stars. Works without issue. Thank you developer !!!

Juvenille Emperor Limited
70385
Reply from developer Eleni Anna Branou 2024.01.06 09:52
Thank you very much for your 5 star review for Local Trade Copier EA MT5! I am happy to help you whenever you need my assistance.
dwoolley
540
dwoolley 2023.12.20 23:35 
 

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
70385
Reply from developer Eleni Anna Branou 2023.12.21 00:17
Thank you so much for your glowing review! I'm thrilled to hear that the Local Trade Copier EA MT5 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
70385
Reply from developer Eleni Anna Branou 2023.12.19 07:47
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!
Oluwatosin David Oyinleye
245
Oluwatosin David Oyinleye 2023.12.02 14:41 
 

Hi Eleni, than you for creating the utility and making it affordable. Please there is an option to lot size type that I would lie you to add to the utility. This will be proportion of free margin. I prefer this because it would reduce the risk of not getting orders filled.

Juvenille Emperor Limited
70385
Reply from developer Eleni Anna Branou 2023.12.02 14:49
Thank you for your kind comments and your excellent review, Tosin! I will add your lot size type idea to my future update list. However, please be aware that due to the high volume of requests, I need to prioritize features that are most useful for the majority of users. Rest assured, I will consider and potentially implement your suggestion in a future update of the Local Trade Copier EA MT4/5.
dylancotton
216
dylancotton 2023.10.23 15:10 
 

This EA does exactly what it promises and a whole lot more, it's functionality and vast configuration options are incredible! Great support too. Highly recommended!

Juvenille Emperor Limited
70385
Reply from developer Eleni Anna Branou 2023.10.23 16:12
Thank you very much for your positive feedback! I am glad to hear that you're satisfied with your Local Trade Copier EA MT5. If you have any more questions or need assistance, feel free to reach out.
TopFX
641
TopFX 2023.10.22 20:31 
 

This Copier is BY FAR the best copier on whole Forex Market. I was using several Copiers before but non of them had been so good like this one. At the same time, the support is unbeatable. THANK YOU for this OUTSTANDING product and support Eleni!

Juvenille Emperor Limited
70385
Reply from developer Eleni Anna Branou 2023.10.22 20:36
Thank you so much for your incredibly kind words! I am thrilled to hear that you find the Local Trade Copier EA MT5 to be the best in the market. Your satisfaction means the world to me, and I am delighted that my product has exceeded your expectations.
Enrico De Landerset
325
Enrico De Landerset 2023.10.09 21:42 
 

5 stars for the super product that has many many settings allowing to customize everything, and 5.000 stars for the author and her fantastic support!! Money well spent!

Juvenille Emperor Limited
70385
Reply from developer Eleni Anna Branou 2023.10.22 21:01
Thank you so much for your kind words and the 5-star review! I'm very happy to hear that you are enjoying the Local Trade Copier EA MT5 and finding value in its customizable features. I greatly appreciate your positive feedback on the product and my support.
Reply to review
Version 3.80 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 3.70 2023.09.18
Fix of issues.
Version 3.60 2023.09.09
Local Trade Copier EA MT5 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 MT5 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 MT5 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 MT5 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 MT5 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 MT5 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 MT5 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 MT5 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 MT5 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 MT5 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 3.50 2023.04.24
Local Trade Copier EA MT5 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 3.40 2023.01.21
Fix of an issue with lot size rounding.
Version 3.30 2022.12.19
Local Trade Copier EA MT5 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 3.20 2022.11.09
Fix of an issue with CPU efficiency and other improvements.
Version 3.10 2022.11.08
Fix of an issue.
Version 3.0 2022.11.08
Fix of an issue.
Version 2.90 2022.10.31
Local Trade Copier EA MT5 will now enable automatically only the symbols that are about to be copied on the receiver account.
Version 2.80 2022.10.29
Local Trade Copier EA MT5 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 MT5 FIFO compatible.
Version 2.70 2022.08.14
Hello dear friends,

Local Trade Copier EA MT5 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 MT5 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.

3. Another issue that Local Trade Copier EA MT5 opened the transmitter trades again on the receiver account, if the computer was restarted, has been fixed.

Please update your Local Trade Copier EA MT5.
Version 2.60 2022.06.03
Local Trade Copier EA MT5 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 2.50 2022.05.01
Local Trade Copier EA MT5 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 2.40 2022.04.04
Fix of a Copying Expiration in Seconds issue.
Version 2.30 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 2.20 2022.03.14
Fix of a bug with the Self Copier option.
Version 2.10 2022.03.08
Local Trade Copier EA MT5 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 MT5 is attached onto.
Version 2.0 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 1.90 2022.02.09
Fix of a bug.
Version 1.80 2022.02.02
Fix of a bug with opposite logic.
Version 1.70 2022.01.26
Fix of an issue with copying of binary volatility indexes.
Version 1.60 2022.01.21
Addition of Proportional Multiplier lot size calculation in Lot Size Types of the Local Trade Copier EA MT5. 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 1.50 2021.12.07
Local Trade Copier EA MT5 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 1.40 2021.10.11
Fix of an issue.
Version 1.30 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 1.20 2021.09.02
Improvements.
Version 1.10 2021.07.28
Local Trade Copier EA MT5 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. Addition of transmitter account comment. Now the comment of each copied trade will come from the transmitter account side and not the receiver.

5. 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.