Mello Trade Copier

  • Utilitários
  • Ritthanong Chimpa
    Ritthanong Chimpa
    Algorithmic trading focused on survival, not speed.
    AURORA PRIME is not designed for fast profit.
    It is designed for survival, stability, and long-term capital preservation.
    This system was built under the philosophy that:
    “Staying alive in the market is already a win.”
  • Versão: 1.0
  • Ativações: 10

Mello Trade Copier copies trades between MetaTrader 5 terminals on the same computer or VPS. Attach it in Master mode on the source account and in Receiver mode on each destination account, using the same channel name. It needs no DLL, no server and no internet service of its own.

What it copies

  • New trades, with stop loss and take profit
  • Stop and target changes
  • Partial closes, in proportion
  • Closes

Pending orders are not copied while they wait. They are copied when they fill and become trades.

Why a copy is never opened twice

The Master publishes the full list of its open trades. Each Receiver compares that list with what it has done and keeps the record in a file, so a restart or a lost connection does not create duplicates. A copy closed on the Receiver, by its stop or by hand, is not opened again.

When the Master goes silent

If the Master stops updating, the Receiver shows MASTER OFFLINE and changes nothing until it returns. An incomplete channel file is ignored. Open copies keep their stops.

Lot size on the Receiver

  • Master lot times a multiplier
  • Fixed lot
  • Master lot times the equity ratio of the two accounts, times a multiplier (same deposit currency needed)
  • Optional maximum lot per copy

Filters and safety on the Receiver

  • Copy only chosen symbols, or exclude symbols
  • Buy only or sell only
  • Master side: share only one magic number
  • Skip a trade opened too long ago, or if price moved too far from the Master entry
  • Skip when the spread is too wide
  • Maximum number of open copies
  • Free margin check before each order
  • It only touches its own trades, identified by its magic number
  • PAUSE button and CLOSE ALL COPIES button

Broker symbol names

Suffixes are matched automatically, for example EURUSD and EURUSD.m. For different names use the map input, for example GOLD=XAUUSD.r.

Setup

  1. Install on both terminals. They must run on the same computer or VPS under the same Windows user.
  2. Allow algorithmic trading on the Receiver.
  3. On the source account attach the EA to any chart, Mode = Master.
  4. On each destination account attach the EA to any chart, Mode = Receiver, same Channel name.
  5. Test on demo accounts first.

Limits

  • Works on one computer. It does not copy over the internet.
  • Each channel has one Master. Use different channel names for more than one Master.
  • Master and Receiver must be different accounts.
  • Copying takes time and prices differ between brokers, so results of a copy can differ from the Master.
  • On netting accounts copies follow the net volume of each symbol and stops are not copied. On a netting Receiver, do not trade the same symbol by other means.

Strategy Tester

The tester has no second terminal, so copying cannot be shown there. In the tester the EA places small demo trades with stops, to confirm that it loads and sends orders correctly. Test copying on two demo accounts.

Important

This is a tool for copying your own trades. It does not generate trading signals and does not promise any result. Trading leveraged products involves a high risk of loss.

Support is provided through the comments on this page and MQL5 messages.

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