Hello and thank you for your purchase and your kind comments!

This 'error of setting timer' is a MT4 terminal error, so please restart your terminal and re-attach your Local Trade Copier EA MT4 on the chart.

If the issue persist, restart your computer and try again and if its still there, its a sign of a corrupted MT4 terminal, so uninstall it completely and install it again.

Hello, Eleni.

I like your Copier.

However, version 3.2 has problems.

I also get a lot of 'error of setting timer'.

Rebooting my computer does not fix it.

I have an even more serious problem.

Your new Copier is using too much CPU of my PC.

My VPS CPU usage reaches 100%.

And often copies are missing.

Version 3.0 ran lightly.

This is a serious problem.

Hello Akirahiroshi,

As far as I know the "error of setting timer" is a MT4 terminal issue, it is documented online in many cases.

I don't see it in any of my many MT4 terminals, but I will ask with my coder about it.

Make sure that you are using the latest MT4 version of your custom broker terminal.

As far as the CPU requirements of the new version, there was an issue with the previous 3.10 version that was enabling all Marketwatch symbols when it was attached and that was making the MT4 terminal more CPU demanding.

But this was fixed in the latest 3.20 version, so now it should be OK, only make sure that you don't have all Marketwatch symbols still enabled from the last version.

So, go to your MT4 >> View >> Marketwatch >> right click >> Hide All

Now Local Trade Copier EA MT4 will enable automatically only the symbols needed for copying onto the receiver account.

Thanks for the reply.

My Marketwatch is minimal.
And MT4 is the latest 1361 build.

I have tried many times switching between v3.2 and v3.0.

The cpu usage is quite different.

I think the "error of setting timer" is also caused by the lack of cpu power.

I am sorry you do not have a solution.

I don't think I am the only one with this problem.

But I am not sad.

because I am happy with v3.0 and am not looking for further features.

This is normal and this is how partial closure works with copiers.

The final profit/loss results of the transmitter and receiver trades will be the same or very similar, so check that to see what I mean.

I will give you an example to understand how partial closure works with Local Trade Copier EA MT4/5 (and all copiers to that matter).

If you open a 1 lot buy EURUSD trade at 1.03500 on the transmitter account and at 1.03600 you close partially half of it, the transmitter trade would have closed 0.5 lots with $50 profit, but the receiver trade would have closed the whole 1 lot with $100 profit, so the closed profit for the receiver account will be double than the transmiter 0.5 closed lot. At that 1.03600 level the receiver will open a new 0.5 lot buy EURUSD trade.

Then let's say that at 1.03700 the transmitter closes the remaining 0.5 lot of the buy EURUSD trade, with an additional $100 profit, $50 for the first part of the trade (from 1.03500 to 1.03600) and another $50 for the second part of the trade (from 1.03600 to 1.03700) and the receiver at the same level (1.03700) closes the second 0.5 lot trade that was opened at 1.03600, recording an additional $50 profit.

So, at the end the 1 lot of the transmitter trade closed partially halfway, would have recorded a $150 total profit. At the same time the 2 receiver trades, the first 1 lot trade at the beginning and the second 0.5 lot opened halfway, would have recorded a $150 profit also.

All these calculations don't include the spread/commission charges of course.

Hi Eleni,

I just have a few questions. 

1) If the Windows OS needs to be restart after update or whatever reason. And if there are trades already been copied and market is open. What would be the best procedures to restart the computer?    

I was thinking it might be like this. 1st: stop the auto trading of transmitter and receiver; 2nd: restart the computer; 3rd: start receiver; 4th: start transmitter; 5th: enable auto trade of receiver; 6th: enable auto trade of transmitter. 

Are these above steps sound right? 

If the market is closed. I guess the above steps wouldn't matter. Is that a correct assumption? 

2) If the transmitter mt4 has to restart manually and market is still open. Do I have to do anything on receiver side? 

If the market is closed. I guess it wouldn't matter. correct? 

3) Similarly, if the transmitter mt4 was shutdown accidentally but not turn back on yet and market is still open. Do I have to do anything on receiver side before launch the transmitter mt4?   

If the market is closed. I guess it wouldn't matter. correct? 

4) If the receiver mt4 got closed and have some copied trades already. The transmitter side still open some new trades that weren't copied by the receiver since the receiver was down. If I turn on the receiver, will it starts to copy those new trades that the transmitter newly opened while the receiver is down? 

Thank you.  

Hello and thank you for your purchase.

1. If the terminal or computer is restarted, Local Trade Copier EA MT4/5 will continue working properly and the copied trades will be managed correctly. You don't have to stop or remove anything from your setup.

2. Again no, after the restart everything will work properly.

3. Again no, you just need to open the transmitter with the LTC attach and the Auto Trade button clicked.

4. Yes it will, if you are using the default settings with Copy Current Trades=true and Copy New Trades=true.

For #4, will the receiver also re-copy (duplicate) the old trades? Do we need to set "Copy Current Trades=false" in the receiver side before it turn back on? But how?

Because the receiver was off unintentionally so the original set is still "Copy Current Trades=true". 

No, it will not copy again the already copied trades, don't worry, use the default settings.

Hello, yes you can.

Make some tests with your desired Lot Size Type to be sure about the correct receiver lot size.

Hi 

Thanks for the amazing product!

I'm using it as a self-copier now.. 

it was okay in the beginning, but now, I don't know why, whenever I ordered, it copy my order (10 times larger size) and finished it self (mostly 20 seconds gap between those two) 

Copied order never on the trade screen. I can only see it from the history tap.

Usually I can see the order from my screen and it linked to my original order so I can open and close by my self.

What should I do? I followed same as the instruction. 

Hello,

Something is wrong in your settings, send your settings as a set file to check please, open the expert window and click the Save button to save your settings as a set file and send it to me.

I hope you have attached only 1 Local Trade Copier in 1 chart and not multiple, right?

yes. 

I only set on EURUSD, and it worked great.

but when I started to trade GBPUSD, and AUDUSD it happened. (I didn't set any of those.)

Should I just trade only one trade ?

You have:

Emergency Account Protection=true

Emergency Account Protection Equity=400

That means that if your account equity (not loss) is below $400 all copied trades will be closed, so I guess your account is larger than $400, that's why all trades are closed.

If your account is for example $2000 and you want the EA to close all copied trades at $400 loss, you need to put:

Emergency Account Protection Equity=1600

and not 400, you put the lower equity level you can accept and not the loss.

Also the Lot Size Type=Multiplier and Multiplier=2 means that for each account opened trade Local Trade Copier EA MT4 will open another one of double the size.

Dear friends,

** 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. **

Eleni Anna Branou