Kalifx Local Trade copier mt4

Kalifx Local Trade Copier mt4

Kalifx Local Trade Copier is built to replicate trades from one trading account (Master) to another (Slave) in real time.
Its main purpose is to copy trading activity—such as opening, modifying, and closing trades—so that multiple accounts can follow the same strategy without manual intervention. This is especially useful for managing multiple accounts, testing strategies across different brokers, or mirroring trades between accounts.

The EA operates in two modes:

MASTER: Monitors trading activity and records all open positions and pending orders.
SLAVE: Reads this information and automatically duplicates the trades on another mt4 terminal, keeping both accounts synchronized.

Cross-Platform Support

Kalifx Local Trade Copier is available for both MetaTrader 4 (MT4) and MetaTrader 5 (MT5), allowing you to copy trades between identical platforms or across different MetaTrader versions.

Supported Configurations

  •  MT4 → MT4
  •  MT5 → MT5
  •  MT4 → MT5
  •  MT5 → MT4

For cross-platform copying (MT4 ↔ MT5), simply install the appropriate Kalifx Local Trade Copier version on each terminal.

Both terminals must use the same CopierFileName and have access to the shared Common Files folder.

This gives you complete flexibility to copy trades between MT4 and MT5 terminals, making it ideal for traders managing multiple accounts, working with different brokers, or transitioning between MetaTrader platforms.

Key Features

  • Single EA utility for both MASTER and SLAVE modes.
  • Copies positions and pending orders.
  • Pending handling modes:
    • Copy as pending orders.
    • Wait for master pending trigger and copy only as market position (via POS record).
  • Trade inversion option (BUY ↔ SELL).
  • Symbol mapping and excluded symbols list.
  • Fixed lot, lot multiplier, risk-% sizing, max lot.
  • Daily risk controls for slave:
    • Max trades per day.
    • Max daily drawdown (% or money).
  • Trade-copy count multiplier (duplicate each master trade into multiple slave trades).
  • Spread filter.
  • status panel displaying connection status between Master and Slave (shows "Connected" in green when both are successfully linked).

Important Notes

  • Designed for mt4 terminals on the same machine/VPS (or environments sharing Common Files).
  • Broker symbol specifications (contract size, step, min lot, digits, stops level) can differ.
    Always test on demo first.
  • Copy speed depends on ticks + timer and terminal responsiveness.

Quick Start (Master/Slave Setup)

1) Install EA

  • Put Local Trade Copier.mq4 in MQL5/Experts .
  • Compile in MetaEditor.

2) MASTER terminal setup

  • Attach EA to any chart.
  • Set Mode = MODE_MASTER .

3) SLAVE terminal setup

  • Attach EA to any chart.
  • Set Mode = MODE_SLAVE .
  • Use the same CopierFileName as master.
  • Configure inputs (symbol mapping, lot/risk, pending mode, filters, daily limits).

4) Verify operation

  • MASTER should keep updating the snapshot.
  • SLAVE should open/modify/close according to MASTER snapshot.
  • The status panel will display “Connected” in green when both Master and Slave are properly synchronized.


Input Settings Reference
------------------------

[Core]
- Mode
  Select MODE_MASTER or MODE_SLAVE.
- SkipExistingTradesOnStart
  When set to true, the EA in Slave mode will ignore any trades that were already open on the Master account at the time the EA starts.
  It will only begin copying new trades opened after initialization.


[Lot Control]
- UseFixedLot
  If true, use FixedLot for copied trades.
- FixedLot
  Fixed lot size.
- LotMultiplier
  If not fixed lot, slave lots = master lots * LotMultiplier.
- MaxLot
  Absolute lot cap.
- UseRiskPercent
  If true, lot is calculated from account risk.
- RiskPercent
  Percent of account balance risked per trade.
- RiskSL_Pips
  Fallback SL distance used for risk lot sizing when SL distance is unavailable.

[Trade Behavior]
- InvertTrades
  Reverse direction (BUY->SELL, SELL->BUY).
- CopyStopLoss
  Copy SL from master when fixed SL is not used.
- CopyTakeProfit
  Copy TP from master when fixed TP is not used.
- UseFixedSL / FixedSL_Pips
  Override SL using fixed pip distance.
- UseFixedTP / FixedTP_Pips
  Override TP using fixed pip distance.

[Pending Handling]
- PendingMode
  PENDING_COPY_AS_PENDING:
    Slave places/modifies pending orders.
  PENDING_EXECUTE_MARKET:
    Slave does NOT open from pending records; it waits until master pending triggers
    and appears as an open position in snapshot.

[Daily Limits] (SLAVE)
- EnableMaxTradesPerDay / MaxTradesPerDay
  Block new entries after daily trade count limit is reached.
- MultiplyCopiedTrades
  Enable trade count replication multiplier.
- CopiedTradesMultiplier
  Number of slave copies per one master trade (e.g. 2 = open 2 slave trades).
- EnableMaxDrawdownPerDay
  Enable daily drawdown guard.
- MaxDrawdownPercent
  Block new entries when daily equity drawdown reaches this percent.
- MaxDrawdownMoney
  Block new entries when daily equity drawdown reaches this money value.

[Spread Filter]
- EnableSpreadFilter
  Enable spread check before new entries.
- MaxSpread
  Maximum allowed spread (points).

[Symbol Mapping]
- SymbolMap
  Map master symbol to slave symbol.
  Format:
    EURUSDm=EURUSD;XAUUSDm=XAUUSD
  Separator between pairs:
    ;
- ExcludedSymbols
  Symbols to skip copying.
  Supports ';' or ',' separators.

[Execution]
- SlaveMagic
  Magic number used by slave trades/orders.
- Slippage
  Deviation/slippage in points for trade execution.

[Misc]  
- CopierFileName

  Snapshot file name in Common Files.

[TradeComments]

- Allows you to add a custom text label to copied trades for easy identification and tracking.

[ShowStatusPanel]

-Enable/disable to hide or show on-chart status panel

Recommended Safe Configuration
------------------------------
- Start on DEMO accounts first.
- Keep UseRiskPercent = true with small RiskPercent (e.g. 0.5% to 1%).
- Use EnableMaxTradesPerDay and EnableMaxDrawdownPerDay.
- EnableSpreadFilter in volatile markets.
- Confirm SymbolMap and ExcludedSymbols before going live.


Troubleshooting
---------------
1) No trades copied
   - Check Mode (master/slave).
   - Check same CopierFileName on both terminals.
   - Check symbol mapping and excluded symbols.
   - Check daily limits and drawdown guard are not blocking entries.

2) Wrong symbols copied
   - Fix SymbolMap pairs.
   - Confirm slave symbol exists and is enabled in Market Watch.

3) Lots not as expected
   - Review UseFixedLot, LotMultiplier, UseRiskPercent, MaxLot.
   - If MultiplyCopiedTrades=true, count of trades increases per master trade.

4) Pending behavior confusion
   - In PENDING_EXECUTE_MARKET, pending records are not copied as pending.
     Slave waits for master pending trigger (position appears in snapshot).

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