Common Folder Copier

Common Folder Copier copies trades between MetaTrader 5 terminals running on the same computer or VPS. It is one EA with two modes: Master on the source account and Slave on each receiving account. They talk through a small file in the terminals' shared Common\Files folder, so no internet service, DLL or account password is needed.

What it does

  • Master: writes the open positions of its account several times per second.
  • Slave: opens the positions that are missing, keeps SL, TP and volume in sync (partial closes included) and closes the copies when the master position is closed.
  • Lot size: master lot times a multiplier, or a fixed lot.
  • Symbol mapping: prefix and suffix for brokers with different symbol names (for example EURUSD on the master and EURUSD.m on the slave).
  • Reverse mode (optional): the slave opens the opposite direction.
  • Channels: several masters and slaves can run side by side using different channel names.
  • Safety: if the master file is older than a set number of seconds, the slave waits and does not trade on stale data.

Inputs

  • Mode (Master or Slave)
  • Channel name (the same in master and slaves)
  • Update interval, ms
  • Master: copy only this magic number (-1 = all)
  • Slave: lot mode (multiplier or fixed lot) and its value
  • Slave: symbol prefix and suffix on this broker
  • Slave: copy in the opposite direction
  • Slave: copy SL and TP
  • Slave: magic number of the copies
  • Slave: ignore the master file if older than this, seconds

Notes

  • All terminals must run on the same computer or VPS under the same Windows user, because they share the Common\Files folder.
  • Slave accounts should be hedging accounts; on netting accounts opposite positions on one symbol net out.
  • Copies are opened at market, so the fill price can differ slightly from the master.
  • Allow algo trading in the slave terminals.
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