Previous message time limit passed before I could correct errors introduced by my browser ... following is what it should have been:

Hello, the better price setting has nothing to do with transmitter trade profit. Please read how better price setting works in the settings/inputs guide:

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

• Better Price: True/false for copying transmitter trades at a better, worse or the same price onto the receiver account(s), according to your setting below. Warning: if this option is true you may miss copying an original trade completely if the market moves quickly against you.

• Better Price Difference in Points: This setting makes it possible to open copied receiver trades at a better, worse or the same price onto the receiver account(s), according to your setting. If you put 0 in this setting, Local Trade Copier EA MT4/5 will copy the transmitter trade onto the receiver account at the same or better price. If the transmitter buy open price is 1.08800 and this setting is 50, the receiver copied buy trade will be opened at 1.08750. There is also an option to open copied receiver trades when a certain level of profit is reached on the transmitter side, by using a negative value in this setting. For example if the transmitter buy open price is 1.08800 and this setting is -50, the receiver copied buy trade will be opened at 1.08850.

Thank you very much for your great review Pragon! I also thank you for your ideas that will help to make Local Trade Copier EA MT4/5 even better.

if i want to 2000=0.01  , which part should i change ? thanks

Hello, if you want your receiver account to open 0.01 lot for every 2000 of balance, you should put in the receiver account settings:

Lot Size Type: Lot Size per 1000 of Balance

Lot Size per 1000 of Balance: 0.005

hI , THANKS FOR THE QUICK REPLY, May i know why the lot size is not multiple by 0.03 at the transmitter side , and maintain at same lot size , is that receiver should put proportional then it will multiple 3times

All the settings should be made in the receiver side and affect the lot size and trades of the receiver account, your settings on the transmitter side doesn't play any role at all.

Thank you very much for your nice comments, I really appreciate it!

@Eleni Anna Branou loving the product I have installed and is working as expected.

BTW I spent a small fortune to have someone code this for me from scratch and what mistake that was when this product was available out of the box.

I have a simple set up where the trades are being reversed and multiplied all is working well 1 transmitter and 1 reciever involved.  

The  two features that I am struggling with are as follows.


1) I want the trade to copy over, and then when I close it on the receiver it closes on the transmitter I have had a play with the following setting


"synchronized trade closure" but not sure if it is the correct one ? I set it to false on the transmitter and true on the receiver to achieve what I was looking before I have tried other combinations too, but they do not work either.  


2) As the receiver moves into profit I want to be able to lock in profits so it has a trailing SL of £200. So, when it goes into £1000 profit and then goes down to £790. It should try and close all my trades me out at £800.   


3) Is there a readme that I can get from somewhere and/or a telegram group at all that I can join?

Thanks,

Chan

Hello Chan,

Thank you very much for you nice comments about LTC. I am answering your questions:

1. Copying is always from transmitter to receiver and not the other way around, so there is no way the receiver trades to affect the original transmitter trades.

2. There are Basket TP/SL/BE/Trailing SL settings in money available and you can use them to trail your receiver side profits as you wish, you can read the details in the settings/inputs guide. For your example you could put in the receiver side settings:

Use Basket Trailing SL in Money=true

Basket Trailing Start in Money=1000

Basket Trailing Stop in Money=200

Basket Trailing Step in Money=... (your desired step, that LTC will move the Trailing SL in Money upwards)

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

3. Apart from the settings/inputs guide above, there is a troubleshooting guide with many setups and tips. There is no telegram channel, but I am always available for help advise, whenever is needed.

https://www.mql5.com/en/blogs/post/746561

@Eleni Anna Branou thanks for you response earlier. 

A couple of follow up questions. 

If I set the following on the on the tranmitter that will mean on the reciever I will have to manually close out my trades ?

synchronized trade closure = flase

Does it have to be the same setting on the reciever too ?

Thanks I'll read through the other links too !

Chan

Hello Chan,

All settings are done on the receiver side, on the transmitter side you only attach the LTC and click the Algo Trading button.

So, if you put Synchronized Trade Closure=false in the receiver side, all receiver copied trades will not be closed when the original transmitter trades are closed.

Second question - even though  slave account have `Allow manual SL/TP change` set to `true`, I still cannot move those level `by hand` - is this also expected?

Thank you in advance for your support. 

Hello, as long as you have the default setting in the receiver side:

Copy Take Profit=true

Copy Stop Loss=true

the receiver TP/SL levels are updated whenever the transmitter levels are adjusted.

The same goes for the Allow TP/SL Manual Change, it works if you've set it to true in the receiver account setting and doesn't need a terminal restart, if it was needed in your case, that means that your terminal was stuck.

Generally remember that all settings are done in the receiver account side and not in the transmitter, in the transmitter you only need to attach LTC on the chart and click the Auto Trading button.

Make sure that you read the settings/inputs guide to understand how settings work:

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

Thank you for the prompt reply - indeed, my terminal must have been stuck for some reason ( I am also using `Magic Keys` and I noticed that sometimes mt4 gets stuck when both EA are running (copier and magic keys))