MT5 Copier from cTrader
- Utilities
- Tsung Che Kuo
- Version: 1.22
- Updated: 4 October 2022
- Activations: 20
Introduction
This trade copier for 'cTrader -> MT4/MT5' consists of two parts:
- Trade copier EA as you purchased here.
- cTrader signal bot
If any question, you could send me messages at my profile page.
Instructions
1. You could find the download link of cTrader signal bot and evaluation copy of this copier EA at first message of 'Comments' section.
The evaluation copy is limited to USDJPY trade copy only.
2. Install at cTrader
- double click cTrader signal bot 'cTraderSignalBot.algo' and then cTrader will guide you how to install it.
- cTrade will pop up a window asking if you want to allow full access for this copier bot.
- please click yes - as this cTrader signal bot will use MetaQuotes standard file transfer method to interchange the secured data with MT4/MT5 copier EA.
- open any cTrader chart and attach this cTrader bot to chart.
- click the blue button to start. to click again will stop this cTrader bot.
3. Install at MT5
open any MT5 chart and attach this copier ea to chart. please only attach ONE chart. this copier ea will accommodate multiple symbol trade copies.
there are 'stop' & 'close trades' buttons at panel as well as realtime trade info.
4. Variable explanations
- Lot option - 4 options to choose: 'follow cTrader trade lot', 'fixed lot', 'equity-to-equity', 'percent per balance' and 'percent per equity'. default is 'follow' mode.
- Symbol map list - the copier EA has embeded some auto rules for symbol name conversion. if you see any warning popup saying that cTrader symbol doesn't exist at MT5 side, please use this variable to set.
cTrader symbol name plus comma plus MT5 symbol name plus semicolon. for instance for 2 pairs:
XAUUSD,GOLD;NAS100,USTECH;
- Applicable symbol list - if you want to restrict the trade copy to certain symbols, please add cTrader symbol name plus comma. for instance, XAUUSD,US30,
- Reverse trade - reverse any trade from cTrader. if enabled, MT5 side will place SHORT trade if cTrade has a LONG trade.
- Order magic number - order identification for those trades placed by this copier ea.
- Group take profit in $ and Group stop loss in $ - default is zero - that means this feature is disabled.
- Follow initial SL & TP price from cTrader - copy the initial sl & tp prices from cTrader. don't suggest to turn on. by default, this copier ea will take order close if that trade gets sl or tp at cTrader. that could avoid that copied trade gets early close and have better sync with cTrade side.
MT4 copier ea can be found here.