SharingIsCaring Trade Copier

4.44

Sharing-Is-Caring Trade Copier


Features

  • Local & Remote copy
  • One tool can act as provider or receiver of trades
  • Co-exist with other positions opened manually or from other expert advisors
  • Can be stopped and restarted at any time without any issues such as deals getting closed mysteriously
  • Copy same lot or adjust according to your balance and leverage
  • Partial close/open
  • Manage max funds to use
  • One provider can copy to unlimited number of receivers
  • One receiver can copy from unlimited number of providers
  • Monitoring using heartbeat checks


About

The tool is designed for simplicity and speed and I use it daily in my trading.
In my use-case the copier helps with the psychology of trading large accounts and keeping emotions under control. I have a small account which I use for trading.
Then I have other accounts which are comparatively large, about 10x but can even be 100x.
These accounts simply copy the trades from the small account using the copier and sizing trades proportionally.

This way I can just keep my trading account small like $5k but have the other accounts at like $100k and trade without panic as the large accounts are out of sight and I just focus on the small one which does not induce as much stress.


Notes

- Account types need to match i.e hedging providers to be used with hedging receivers and vice versa.
- Ideally, Provider and Receiver accounts should use same currency denomination for accurate lot calculation using balances.

- Try using the same broker to avoid slippage and issues with unmatching speed.


Code and License

The source code for this EA is released under GPL v3 and is available at https://github.com/wait4signal/sharing-is-caring/blob/main/Sharing-Is-Caring.mq5


Getting started

You only need to attach the EA onto one of the charts running on the MT5 terminal, it will then process all the transactions occurring on the entire account.

Very easy to get started, just select the preferred COPY_MODE and depending on the mode the following may apply.
     Provider:
    If “PROVIDER” is selected then the rest of the settings are optional and depending on features used.


     Receiver:

    If “RECEIVER” then you also need to specify the “PROVIDER_ACCOUNT” which is the trading account whose trades will be copied. The rest of the settings are optional depending on features used.


Local vs Remote copy

Position data is written by the provider to a csv file. The receiver/s then reads from this file.
This is the preferred method as it is fastest, it is used when the provider and receivers are running on the same machine.
However if there are receivers running on a remote machine then the provider should be set to also write the data to a remote file location. The remote receivers would then also be set to read from this remote location.
By default, position data is saved locally onto a file named */Terminal\Common\Files\Sharing-Is-Caring\[providerAccount]-positions.csv
Trades from a remote location also get written to this file prior to use.

See documentation at https://github.com/wait4signal/sharing-is-caring for remote setup details.


Monitoring

The copier can be set to send health checks to a monitoring server so that alerts can be sent out if no heartbeat pings are received within a set timeframe.
We recommend the https://healthchecks.io/ platform for this as it is open-source and supports a large number of alerting mechanisms such as email, telegram, phone call etc. Plus it offers up to 20 free monitoring licenses.

Note that your alert interval needs to be longer than the heartbeat interval e.g if heartbeat is set to 5 minutes then on the monitoring server you can set alerting to something like 7 minutes so that you get notified if the terminal has not sent a ping in 7 minutes.


Settings

See the following link for detailed explanation of the available settings:

https://github.com/wait4signal/sharing-is-caring/blob/main/Sharing-Is-Caring-settings.md


Support:

Bug reports and Feature requests should be logged on the project GitHub page.



Avis 12
Marcelo Guimaraes de Lima
3240
Marcelo Guimaraes de Lima 2024.07.22 01:50 
 

Thank You So Much!

mwachiii
15
mwachiii 2024.05.16 00:31 
 

This is one of the most lean, clean, fast and amazingly powerful MT5 trade copier out there...not sure why its slightly underrated but boy does it get the job done! It may not be feature packed but it certainly is a tiny dynamite. Job well done to the developer

Gabriel Mocan
69
Gabriel Mocan 2023.07.06 20:29 
 

Great tool! It just works.

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The core idea: using the user interface, you configure the parameters the chart must meet before entering a position (or positions), choose which entry models to use, and set the rules for when trading and planning should end. Lazy Trader  handles the rest: it  takes over all the routine chart watching and execution! full description  :: 3 key videos [1] ->  [2]   ->  [3] What can it do? - Understands Larry Williams market structure - Understands swing market structure by Michael Huddleston
AXR Prop Guard
Stoyan Kirilov Karlov
AXR Prop Guard AXR Prop Guard est un utilitaire de protection du risque à l’échelle du compte pour MetaTrader 5. Il est conçu pour les traders de prop firms, les funded-account challenges et la protection sérieuse des comptes privés. Il fait partie de la gamme d’outils AXR. Pour les mises à jour et les options de contact, utilisez les pages officielles MQL5 : AXR MQL5 Channel: mises à jour du produit, notes de version et nouveaux outils AXR Telegram: ouvrir le profil du vendeur ; le contact Tele
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4.31 (16)
Expert Advisor Risk Manager pour MT5 est un programme très important et, à mon avis, nécessaire pour chaque commerçant. Avec cet Expert Advisor, vous pourrez contrôler le risque de votre compte de trading. Le contrôle des risques et des bénéfices peut être effectué à la fois en termes monétaires et en termes de pourcentage. Pour que l'Expert Advisor fonctionne, attachez-le simplement au tableau des paires de devises et définissez les valeurs de risque acceptables dans la devise du dépôt ou en
Bots Builder Pro MT5
Andrey Barinov
4.17 (6)
This is exactly what the name says. Visual strategy builder . One of a kind. Turn your trading strategies and ideas into Expert Advisors without writing single line of code. Generate mql source code files with a few clicks and get your fully functional Expert Advisors, which are ready for live execution, strategy tester and cloud optimization. There are very few options for those who have no programming skills and can not create their trading solutions in the MQL language. Now, with Bots Builde
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Levi Dane Benjamin
4.28 (29)
Trade Manager pour vous aider à entrer et sortir rapidement des transactions tout en calculant automatiquement votre risque. Y compris des fonctionnalités pour vous aider à éviter le sur-trading, le trading de vengeance et le trading émotionnel. Les transactions peuvent être gérées automatiquement et les mesures de performances du compte peuvent être visualisées dans un graphique. Ces fonctionnalités rendent ce panneau idéal pour tous les traders manuels et contribuent à améliorer la plateforme
Telegram to MT5 Multi-Channel Copier copie automatiquement les signaux de trading de vos canaux Telegram directement dans MetaTrader 5. Sans bots, sans extensions de navigateur, sans copie manuelle. Vous recevez un signal sur Telegram et l'EA ouvre le trade sur votre terminal en quelques secondes. Le produit comprend deux composants : une application Windows qui écoute vos canaux Telegram, et cet Expert Advisor qui exécute les signaux sur votre terminal MT5. Consultez le guide pour télécharger l
OrderManager MT5
Lukas Roth
4.81 (27)
Présentation du   OrderManager   : Un utilitaire révolutionnaire pour MT5 Gérez vos transactions comme un pro avec le tout nouveau utilitaire Order Manager pour MetaTrader 5. Conçu avec simplicité et facilité d'utilisation à l'esprit, l'Order Manager vous permet de définir et de visualiser sans effort le risque associé à chaque transaction, vous permettant de prendre des décisions éclairées et d'optimiser votre stratégie de trading. Pour plus d'informations sur l'OrderManager, veuillez vous réfé
Le Local Trade Copier EA est une solution pour les commerçants individuels ou les gestionnaires de compte qui ont besoin d'exécuter des signaux commerciaux à partir de sources externes ou qui ont besoin de gérer plusieurs comptes en même temps, sans avoir besoin d'un compte MAM ou PAMM. Il copie jusqu'à 8 comptes maîtres vers un nombre illimité de comptes esclaves [ Guide d'installation | Guide de mise à jour | Dépannage | FAQ | Tous les produits ] 100% auto-hébergé Facile à installer et à util
Advanced Dashboard Ultra
Mirel Daniel Gheonu
5 (2)
Stats Dashboard & Journal ULTRA pour MT5 Le Centre de Commandement de Trading Complet : Analytique, Automatisation & Intelligence des Actualités. Stats Dashboard ULTRA est l'évolution ultime de l'outil d'analyse Pro. Il transforme MetaTrader 5 en une station de trading professionnelle, combinant une analyse de performance de niveau institutionnel avec une protection automatisée contre les actualités et des métriques psychologiques avancées. Conçu pour les traders manuels et les gestionnaires de
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Autumn Harvest EA
Wait4Signal
3 (2)
Autumn-Harvest EA Features Multiple strategies for entry and exit Open buy and sell positions and set applicable amounts for each Smart stop-loss and trailing stops levels EA can be set to only maintain own deals or any open deal eMail and telegram alerts on buy/sell signals ( * Configure the email tab under options for trade opportunity email alerts to work ) Monitoring using heartbeat checks About This EA is capable of opening trades using various strategies. Once the trades are open it als
FREE
I find the lot calculation tedious so I just use this script and tell it the dollar amount to use. It then does the rest. This works for any currency. How-To: Open a buy position using the desired dollar amount instead of lots. To use, just drop it onto a chart and set inputs as needed. The script will then do the necessary lot calculation and open the trade. Inputs: FIXED_DEAL_AMOUNT: Fixed amount to use per trade e.g 100 to open a R100 deal USE_SL_ON_BUY: If true then a suitable stoploss wil
FREE
I find the lot calculation tedious so I just use this script and tell it the dollar amount to use. It then does the rest. This works for any currency. How-To: Creates a buy limit order at chosen MA price using the desired dollar amount instead of lots. To use, just drop it onto a chart and set inputs as needed. The script will then do the necessary lot calculation and create a buy limit order. Inputs: FIXED_DEAL_AMOUNT: Fixed amount to use for the trade e.g 100 to open a R100 deal MA_PRICE: MA
FREE
I find the lot calculation tedious so I just use this script and tell it the dollar amount to use. It then does the rest. This works for any currency. How-To: Creates a sell limit order at chosen MA price using the desired dollar amount instead of lots. To use, just drop it onto a chart and set inputs as needed. The script will then do the necessary lot calculation and create a sell limit order. Inputs: FIXED_DEAL_AMOUNT: Fixed amount to use for the trade e.g 100 to open a R100 deal MA_PRICE: 
FREE
I find the lot calculation tedious so I just use this script and tell it the dollar amount to use. It then does the rest. This works for any currency. How-To: Open a sell position using the desired dollar amount instead of lots. To use, just drop it onto a chart and set inputs as needed. The script will then do the necessary lot calculation and open the trade. Inputs: FIXED_DEAL_AMOUNT: Fixed amount to use per trade e.g 100 to open a R100 deal USE_SL_ON_BUY: If true then a suitable stoploss wi
FREE
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Richard Roberts
324
Richard Roberts 2025.12.30 13:42 
 

L'utilisateur n'a laissé aucun commentaire sur la note

GHANO03
186
GHANO03 2025.02.02 11:43 
 

i tried it does not work ...??

Marcelo Guimaraes de Lima
3240
Marcelo Guimaraes de Lima 2024.07.22 01:50 
 

Thank You So Much!

mwachiii
15
mwachiii 2024.05.16 00:31 
 

This is one of the most lean, clean, fast and amazingly powerful MT5 trade copier out there...not sure why its slightly underrated but boy does it get the job done! It may not be feature packed but it certainly is a tiny dynamite. Job well done to the developer

Wait4Signal
4706
Réponse du développeur Bhekinkosi Gabela 2024.06.13 21:04
Thanks @mwachiii for the generous review, glad you found the tool useful.
Yeah it's lite on features, I built what I need and use but made code available for anyone to add.
szabolajosd
14
szabolajosd 2023.08.18 13:28 
 

If the position in minus, in negative and i'd like to close before Sl, the copier not copy the close orders to slave accounts. Wait for SL or if the position bound and go back to plus 1 cent, it will close. close in plus 0.01$...great... its a bug.

What should I do if i'd like to multiple the amount? Now I can set "same size" or "proportional to balance" so you should make multiple opportunity.

Gabriel Mocan
69
Gabriel Mocan 2023.07.06 20:29 
 

Great tool! It just works.

Jordan Altiyane
18
Jordan Altiyane 2023.05.31 19:02 
 

very fast execution with no glitches so far, appreciate the effort done by the creator. Only thing lacking is the option to copy custom lot size with multiplication to the original lot. e.g. provider opens 2 lot the multiplication that the receiver has set is 0.25 which means that 2 lot x 0.25 will result in 0.5 Lot being copied to the receiver.

CodeFx
126
CodeFx 2023.04.21 13:20 
 

This trade copier works excellently, thanks for sharing and indeed sharing is caring!

Lis28872
261
Lis28872 2023.04.14 21:58 
 

L'utilisateur n'a laissé aucun commentaire sur la note

Metodi Aleksandrov Deribanov
776
Metodi Aleksandrov Deribanov 2023.01.05 14:01 
 

Works great! Good work bro. Keep it up. Thank you for sharing this!

Patrick Ortbauer
319
Patrick Ortbauer 2022.01.12 11:47 
 

Does what it should do. Heartbeat function is very useful to check VPS and EA in realtime.

Edit1: works perfect and stable with very low cpu-usage. Nearly all remote-copies (via ftp server) are executed withing one second @ default-settings.

Wait4Signal
4706
Réponse du développeur Bhekinkosi Gabela 2022.03.26 13:49
I appreciate the feedback Patrick, happy trading !
netbanda
14
netbanda 2021.12.10 15:06 
 

Works really well and can only keep getting better.

Wait4Signal
4706
Réponse du développeur Bhekinkosi Gabela 2021.12.10 16:03
Thank you for the feedback, glad you found it useful in your use-case.
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