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PZ Local Trade Copier EA MT4

1

The Local Trade Copier EA is a solution for individual traders or account managers who need to execute trade signals from external sources or who need to manage several accounts at the same time, without the need for a MAM or a PAMM account. It copies from up to 8 master accounts to unlimited slave accounts.

[ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ]

  • 100% self hosted
  • Easy to install and use
  • It can copy from MT4 to MT5 and vice-versa
  • No installer, config files, servers, memory pipes or DLLs used
  • Local execution, no network latency
It implements all the features you'll ever need:
  • Up to 8 master accounts and unlimited slave accounts
  • Works with all brokers and DD/NDD/ECN/STP execution
  • Works with accounts with different account currencies
  • Works between live and demo accounts indistinctively
  • Supports suffix in symbol names in master and slave accounts
  • Filters by magic number and order comment
  • Won't interfere with other trades
  • Optionally copy SL and TP levels
  • Optionally copy pending orders
  • Optionally copy only trades with SL
  • Symbols translation supported
  • Partial close supported
  • Reverse mode
  • Flexible trade size:
    - Fixed lot
    - Multiplier
    - Proportional
    - Proportional with multiplier

The EA can copy trades using the investor or the master password of any account.

How to copy trades from one master account to one or many slave accounts

  1. Install the EA in the source terminal
  2. Load the EA to any chart and select "MASTER" as behavior
  3. Install the Local Trade Copier EA in the receiver terminal or terminals
  4. Load the EA to any chart and select "SLAVE" as behavior

That's it! Trades will be copied from the master account to the slave account(s).


How to copy trades from many master accounts to one or many slave accounts

  1. Load the EA in all the master accounts transmitting on different channel inputs.
  2. Load the EA many times in all the slave accounts, each instance reading from a different channel.
Each instance of the EA can read and copy trades from a single channel. So, load it more than once to copy from many accounts.


Attention to...

  • Load the EA just once per terminal.
  • Use a different channel parameter for each master account.
  • Do not login to another account when the EA is operating.
  • Do not copy trades from a nfa-fifo account to a non-nfa-fifo account.
  • If you unload the EA from any terminal, all trades will be left unattended.
  • Do not use the investor password in the receiver account, it won't trade.
  • If the receiver account has a suffix in symbol names, for example "EURUSD.fx", you must type ".fx" in the "suffix" parameter.

Input Parameters

  • Behavior: Choose MASTER for source and SLAVE for receiver accounts.
  • Channel: Choose a channel to transmit trades on. From 1 to 8.
  • Copy From: Choose MT4 or MT5, depending on where you loaded the Master Instance.
  • Lotsize Type: Fixed lotsize, Multiplier, Proportional or Proportional with multiplier.
  • Fixed Lotsize: Trade size for all trades if "fixed lotsize" is chosen in the above parameter.
  • Multiplier: Lotsize multiplier applied to all trades if enabled in the inputs above.
  • Reverse Mode: If enabled, the slave accounts will trade exactly the opposite of the master account. To copy very bad traders.
  • Copy SL and TP: If enabled, the slave will copy the stop-loss and take-profit levels for all orders.
  • Copy Pending Orders: If enabled, the slave account will copy pending orders from the master account.
  • Slave Symbol Prefix: If needed, you can type the symbol prefix for all symbols.
  • Slave Symbol Suffix: If needed, you can type the symbol suffix for all symbols.
  • Symbol Translation: Accept different symbol names for identical instruments, separated by commas.
    Example: "US500=SP500=SPX500,GOLD=XAUUSD"
  • Filter by Magic Number: Only copy trades from the master account with a particular magic number.
  • Filter by Comment: Only copy trades from the master account which order comment matches this input.
  • Master Symbol Prefix: If needed, you can type the symbol prefix for all symbols.
  • Master Symbol Suffix: If needed, you can type the symbol suffix for all symbols.
  • Magic Number: Magic number used to trade in the slave account.
  • Slippage: Maximum slippage for the orders in the slave account.

Author

Arturo López Pérez, private investor and speculator, software engineer and founder of PZ Trading Solutions.

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Public Signals using this EA: https://www.mql5.com/en/signals/1016250 https://www.mql5.com/en/signals/1018964 The EA waits for the first executed order available and then opens a grid of pending stop-type orders in the same direction of the first one The first order that we usually call the master trade  can be opened manually, on specified day and or via any other EA, indipendent from this one There is a dedicated Telegram Group with use cases and best settings, feel free to join and ask fo
Contact/message me if you encounter any issue using the product or need extra feature to add on the base version. There is a demo version of this panel Dashboard Trading Made Simple Demo in my product list, please try it out to get familiar with all functionalities free, LINK . This system basically utilizes TDI as the main indicator to generate trading signal mainly on H1 and H4 timeframes. The signal will be further filtered and trimmed. Stochastic; Heiken Ashi candle direction and candle s
Telegram ChartSnap is an utility tool to bridge your MetaTrader 4 activities to your Telegram chat/group/channel. It will screen shot your MetaTrader 4 chart and send it to your dedicated Telegram chat/group/channel through a Telegram bot. The whole process will keep repeating based on a time cycle that predetermined by the user. It is a convenient tool for those who like to get access to their favorite system/dashboard that only available at MetaTrader Desktop. Beside that, trader can easily
This means now you can trade on multiple MetaTrader 4 accounts simultaneously, mirror the trades of any trading bot to your friends and family accounts (even if it is locked to your MT4 account number), create investment portfolios of many MT4 accounts, remove risk of unregulated Forex brokers, turn losing trading strategy into a winner and become an independent account manager immediately without the need to sign any contracts or opening expensive PAMM accounts with the broker. Reverse Trading
Description of Monitoring_ExpertAdvisor+Balance_Equity Indicator: Monitoring Expert Advisor is an indicator that analyzes your Account MT4 elaborating the archived operation data in the order history. It is sufficient to connect it to any open and empty graphic window. The orders in the account database are identified by the indicator of their MagicNumber, divided in groups based on their strategy (Expert Advisor) to calculate complex efficiency   Objectives: It has the main objective of monitor
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This indicator evaluates the market sentiment using raw price action measurements, and it is an amazing trading confirmation. It can be used to take a trend-trade approach or a contrarian approach using reversal patterns. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Find early reversals Confirm short-term trades Detect indecision on the market Take contrarian trades near support and resistance levels Trade inside bars confirmed by overall direction of the market T
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106561 2022.06.17 22:44 
 

Das Programm ist unbrauchbar die Positionen werden unkontrolliert kopiert. Eine Katastrophe in Verbindung mit dem PZ Equity Guardian EA weil die Positionen erneut geöffnet werden immer und immer wieder.

PZ TRADING SLU
751608
Reply from developer Arturo Lopez Perez 2023.01.19 20:02
Hello. If you run the Guardian and the Copier in the same account, you must set "Stop EAs" to FALSE in the Guardian inputs. Else, the Guardian will close the Copier EA, disabling the very EA that has to instruct the slave accounts to close the trades. Other option is to run the Guardian in the slave accounts. Thank you.
Reply to review
Version 4.0 2023.10.13
- Improvements in the handling of lag placing trades, in the slave accounts. Please update.
Version 3.5 2022.06.20
- Improved OnDeInit() logic.
Version 3.4 2022.06.20
- Bug fix regarding sl/tp hits in the slave account
- Added feature: Only copy trades with SL
Version 3.1 2022.03.02
- Improved timing
Version 3.0 2022.02.17
- Added support to copy to and from MT5 instances of the Local Trade Copier EA
Version 2.2 2022.02.10
- The EA is ready to copy from MT5 to MT4 and the other way around.