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Eleni Anna Branou  
!!! 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.
SEYED SAJAD RAZAVI  

Hi

Thanks a lot for this awesome EA. Is the Local Trade Copier EA has option or feature to copy trades on receiver account by a specific delay ? for example I want to copy trades of transmitter 3 seconds after on receiver account. I need this feature to make receivers trades more specific from transmitter (Preventing the detection of copy trade by the prop or broker)

Eleni Anna Branou  
SEYED SAJAD RAZAVI #:

Hi

Thanks a lot for this awesome EA. Is the Local Trade Copier EA has option or feature to copy trades on receiver account by a specific delay ? for example I want to copy trades of transmitter 3 seconds after on receiver account. I need this feature to make receivers trades more specific from transmitter (Preventing the detection of copy trade by the prop or broker)

Hello and thank you for your kind words for the Local Trade Copier EA.

Yes, there is a 'Copying Delay in Seconds' setting and also a 'Closure Delay in Seconds' setting.

  • Copying Delay in Seconds: With this setting you can copy a transmitter trade with a certain number of seconds delay to the receiver side. Adjust the 'Transmitter Server Offset Hours' setting above accordingly if your transmitter & receiver brokers operate in different time zones.

  • Closure Delay in Seconds: With this setting you can close the receiver trade with a certain number of seconds delay after the transmitter trade has been closed. 

https://www.mql5.com/en/blogs/post/745681

cuan252  
Hi Eleni, can LTC work on 2 different VPS? For example: the transmitter is installed on VPS A while the receiver is installed on VPS B.
Eleni Anna Branou  
cuan252 #:
Hi Eleni, can LTC work on 2 different VPS? For example: the transmitter is installed on VPS A while the receiver is installed on VPS B.

Hello, no this cannot work for any local copier, both transmitter and receiver accounts/terminals must be installed and run on the same windows computer or windows VPS.

Terry Alan Lamb  
LTC NOT COPYING after update 4.10 - no settings have changed yet the copier does not copy.
Eleni Anna Branou  
Terry Alan Lamb #:
LTC NOT COPYING after update 4.10 - no settings have changed yet the copier does not copy.

Hello Terry,

LTC is copying fine after the latest update, just make sure that you have updated all your transmitter and receiver terminals to the latest 4.10 MT4 and 3.80 MT5 LTC versions, because the new versions are not compatible with older versions of LTC.

Also DO NOT load any receiver set file that was saved with a previous version of LTC.

Please try the following:

1. Delete your LTCs from both terminals.

2. Restart your computer or VPS and then open your transmitter and receiver terminals again.

3. Login into your MQL5 account in MT4/5 >> Tools >> Options >> Community and then go to the Market tab > Purchased in MT4 and in the Navigator window >> Market >> My Purchases in MT5 to install your LTCs again.

4. Do not copy/paste ex4/5 files, it doesn't work for MQL5.com Market purchases.

5. Then perform your transmitter to receiver setup, adjusting the receiver settings manually, DO NOT load your previous 4.00 MT4 (or 3.70 MT5) version receiver set file. Take care of any suffix settings that may be needed and save your receiver settings as a new set file for use with your new 4.10 MT4 (or 3.80 MT5) receiver.
karimla  
Hi Eleni, I can't activate allow modification of signals setting in the receiver input because there is no input window or field for it. The receiver is with the broker roboforex. Since I have different symbols from the sender, I have to be able to activate it. I tried it anyway but it doesn't copy! What is the solution to this? Thank you for the quick answer. See screenshot, in the right picture there is no option to allow the changes
Eleni Anna Branou  
karimla #:
Hi Eleni, I can't activate allow modification of signals setting in the receiver input because there is no input window or field for it. The receiver is with the broker roboforex. Since I have different symbols from the sender, I have to be able to activate it. I tried it anyway but it doesn't copy! What is the solution to this? Thank you for the quick answer. See screenshot, in the right picture there is no option to allow the changes

Hello and thank you for your purchase.

This setting is not important, you can't copy because you have different symbols in the transmitter and receiver accounts.

Read carefully the first part of the installation and user guide below, or send me full screenshots of your transmitter and receiver terminals with the Marketwatch windows open in order to tell you what settings to use.

How to Install and Setup Local Trade Copier EA MT4/5 for the First Time

https://www.mql5.com/en/blogs/post/745683


If any of your brokers have any suffix after their symbols, like EURUSD.r or EURUSD+ watch the second part of the video, after 1:30 that shows a setup with suffixes.

If for example your transmitter account has a EURUSD.r symbol and your receiver account has a EURUSD+ symbol, you need to put in the receiver account settings:

Suffix of the Transmitter Account: .r

Suffix of the Receiver Account: +


If you are copying some index or other instrument that has a different symbol in the transmitter and receiver brokers, you will need to use the Special Symbol setup.

If for example your transmitter symbol is US500 and your receiver symbol is SPX500, you need to put in the receiver account settings:

Special Symbol 1: US500,SPX500

karimla  
Eleni Anna Branou #:

Hello and thank you for your purchase.

This setting is not important, you can't copy because you have different symbols in the transmitter and receiver accounts.

Read carefully the first part of the installation and user guide below, or send me full screenshots of your transmitter and receiver terminals with the Marketwatch windows open in order to tell you what settings to use.

How to Install and Setup Local Trade Copier EA MT4/5 for the First Time

https://www.mql5.com/en/blogs/post/745683


If any of your brokers have any suffix after their symbols, like EURUSD.r or EURUSD+ watch the second part of the video, after 1:30 that shows a setup with suffixes.

If for example your transmitter account has a EURUSD.r symbol and your receiver account has a EURUSD+ symbol, you need to put in the receiver account settings:

Suffix of the Transmitter Account: .r

Suffix of the Receiver Account: +


If you are copying some index or other instrument that has a different symbol in the transmitter and receiver brokers, you will need to use the Special Symbol setup.

If for example your transmitter symbol is US500 and your receiver symbol is SPX500, you need to put in the receiver account settings:

Special Symbol 1: US500,SPX500



Hi Eleni, thank you very much for your help!!!I have wached your video at least 4 times and also your instructions. I have tried out all sorts of different setting. It works with EURUSD. But I urgently need the US30 from the broker eightcap to roboforex. You can find my latest settings in the attachement. You can also see the markets symbol at the top. On the left is eightcap as the sender on the right roboforex as the receiver. I would be very grateful if you could find out on your demo account how to set it up correctly so that the US30 can be copied and if you could send me a similar screen that I can use with your correct working details! Thank you very much for your help! I'm away for a few hours, but I will look at your answer as soon as I get home. Thank you
Eleni Anna Branou  
karimla #:
Hi Eleni, thank you very much for your help!!!I have wached your video at least 4 times and also your instructions. I have tried out all sorts of different setting. It works with EURUSD. But I urgently need the US30 from the broker eightcap to roboforex. You can find my latest settings in the attachement. You can also see the markets symbol at the top. On the left is eightcap as the sender on the right roboforex as the receiver. I would be very grateful if you could find out on your demo account how to set it up correctly so that the US30 can be copied and if you could send me a similar screen that I can use with your correct working details! Thank you very much for your help! I'm away for a few hours, but I will look at your answer as soon as I get home. Thank you

Hello, your special symbol settings are correct in your receiver LTC side.

Special Symbol 1: US30.b,.US30Cash

If it doesn't work, probably something is stuck in your receiver terminal, so please restart both your transmitter and receiver terminals and perform your LTC setup again.

Please also check the following points very carefully, points 1 and 3 are very important:

1. ​Ensure that you have downloaded the custom branded MT4/5 terminal from your broker's website. It is crucial to install and use this specific terminal to log into your trading account. Symbols and contract specifications vary between brokers and can lead to confusion if you use a different broker's MT4/5 terminal. Download and use the custom MT4/5 terminal provided by your broker to avoid symbol confusion and other potential issues.

2. If you are unsure how to install a second MT4/5 terminal from the same broker on your computer or VPS, carefully follow the instructions in the gif provided at the following link. During installation, be sure to select a different destination folder for your MT4/5 terminal.


3. Log into your MQL5 account in MT4/5 >> Tools >> Options >> Community and install your Local Trade Copier EA MT4/5 through your MQL5 account on all MT4/5 terminals where you intend to use it. Please note that simply copying and pasting ex4/5 files from one MT4/5 terminal to another will not work for MQL5.com Market purchases. Additionally, ensure you remain logged into your MQL5 account at all times for the proper functioning of your Local Trade Copier EA MT4/5.

4. Confirm that you are using the latest version of the Local Trade Copier EA MT4/5 (MT4 version 4.10 and MT5 version 3.80) on both your transmitter(s) and receiver(s) MT4/5 terminals. To update, right click and delete the previous Local Trade Copier EA MT4/5 version from the Experts >> Market folder in the Navigator window. Then, go to 'Purchased' in the Market tab of the MT4 Terminal window or 'My Purchases' under the Experts >> Market folder in the Navigator window of MT5 and install the latest version of the Local Trade Copier EA MT4/5.

5. Try restarting both your transmitter and receiver MT4/5 terminals and then try setting up again. Restarting can often fix issues, especially if the terminals have been running for a long time.

6. Follow the setup process outlined in the quick setup video below. Pay special attention to the second part after 1:30 if your brokers have any suffixes. Additionally, refer to the third part of the video for instructions on copying special symbols.

karimla  
Eleni Anna Branou #:
pecial Symbol 1: US30.b,.US30Cash
Hi Eleni, I just copied your information with Special Symbol 1: US30.b,.US30Cash and entered it into the receiver and it worked. What I really don't understand is that, as you saw, I entered the same symbol designation!!! Strange!! The important thing is that it works now. A miracle!!! Thank you so much for that and all the best to you!!
Eleni Anna Branou  
karimla #:
Hi Eleni, I just copied your information with Special Symbol 1: US30.b,.US30Cash and entered it into the receiver and it worked. What I really don't understand is that, as you saw, I entered the same symbol designation!!! Strange!! The important thing is that it works now. A miracle!!! Thank you so much for that and all the best to you!!

Since it works, all is well, probably something was stuck or something.

In any case I am happy that you can copy well now.

Enzo Abidar  
broken program. cant open bigger than 0.01 lots no matter what lotsize setting you pick. 
Eleni Anna Branou  
Enzo Abidar #:
broken program. cant open bigger than 0.01 lots no matter what lotsize setting you pick. 

Enzo you are not fair, you told me that LTC was working pefectly for you until today and today you've installed a new MT4 terminal and it doesn't.

Since all other users are copying perfectly and don't have any problems with it, its safe to guess that something in your new MT4 terminal or your broker causes this.

Please give me a chance to investigate and find what is wrong and I am sure we will find the reason behind this.

Simon Huber  
Is it actually possible to connect 2 different brokers? Like Fyntura and FTMO?
Eleni Anna Branou  
Simon Huber #:
Is it actually possible to connect 2 different brokers? Like Fyntura and FTMO?

Hello, yes of course it is possible.

Read the first part of the Installation and User Guide please and let me know if you need any help.

How to Install and Setup Local Trade Copier EA MT4/5 for the First Time

https://www.mql5.com/en/blogs/post/745683

JuanDhavid_1984  
I want to thank the creator of such excellent copy and congratulate him for his excellent support and attention to customers, he always responds to messages and is always willing to help and advise us with any problem.

A thousand and one THANKS... I highly recommend him. 100%
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