Copylator MT5 Trade Copier

Key Highlights

• Advanced drawdown protection – closing, blocking, pending‑order deletion, cooldown timer.
• Multi‑Sender / Multi‑Receiver – one‑to‑many, many‑to‑one, or many‑to‑many copying.
• Complete trade replication – copies market orders, pending orders, SL, and TP with real‑time synchronization.
• Automatic symbol mapping – finds correct symbols, alerts if missing, allows manual override.
• Hedging & Netting support – auto‑detected, no manual setup.
• Real‑time SL/TP sync – updates stops even after trade is open, including trades opened without them.
• Flexible lot management – fixed lot, multiplier, balance‑ratio scaling, max lot cap.
• Smart error alerts – spread, margin, symbol, filters, etc.
• No DLL required – single‑chart installation.
• Investor Password Support – Connect COPYLATOR to the Sender account using an Investor Password (read-only access). COPYLATOR can read and copy the Sender's trades normally, even though the Sender account cannot be traded from. The copied trades are executed on the Receiver accounts using their normal trading access.

Overview

COPYLATOR replicates trades between multiple MT5 terminals on the same computer or VPS. Supports one‑to‑many, many‑to‑one, and many‑to‑many topologies using multiple EA instances. Set Mode and SenderAccountNumber per chart – no external software needed.

Use Cases

Multi‑account trading, prop firm management, signal replication, portfolio distribution, and personal use, etc.

Key Features

Advanced Drawdown Protection

Monitors daily and total drawdown (Equity or Balance). Daily drawdown is measured from the day's highest Equity or Balance peak, depending on the selected calculation mode. Cooldown timer prevents premature reopening. Daily reset at user‑defined GMT hour. Dedicated dashboard panel (Receiver mode) shows real‑time status, percentages, and remaining cooldown.

Practical use: Even without prop firms, this acts as a safety net – automatically stops copying and closes trades if Receiver losses exceed a set percentage, regardless of Sender performance.

Important: CloseOrdersOnDrawdown controls physical closing and pending‑order deletion. If false , no closing/deletion – DrawdownAction controls blocking independently.

Multi‑Sender and Multi‑Receiver Support

Run multiple EA instances to create any topology. Each Sender needs a unique account number; each Receiver specifies its Sender via SenderAccountNumber . All instances run independently and simultaneously.

Graphical Dashboard

Displays account info, sync status, mode, latency, and Drawdown Protection panel (Receiver mode). Visible by default in Receiver mode.

Reliable Trade Replication

Copies market orders, pending orders (Limit/Stop), SL, and TP. Automatically detects Hedging or Netting accounts and applies the appropriate synchronization method.

Real‑time SL/TP Sync: Any manual SL/TP changes on the Sender – including adding stops to trades that had none – are instantly replicated to all matching Receiver trades across Hedging, Netting, and pending orders.

Reverse Trade Mode

Copies trades in reverse direction (Buy↔Sell) with automatic SL/TP adjustment.

Symbol Mapping & Risk Management

Automatic mapping finds the correct symbol; if not found, a clear warning tells you which symbol is missing and how to add it via SymbolMappings . Manual mappings (e.g., XAUUSD:XAUUSDm) also supported.

Lot management: Combine fixed lot, multiplier, balance‑ratio scaling (using the Sender/Receiver balance ratio), and max lot cap – independently or together.

Additional Features

• Multiple Sender/Receiver terminals concurrently.
• Custom SL/TP (copy from Sender or fixed distances).
• Buy‑only / Sell‑only filters.
• Day & Time filters with auto‑close at window end.
• Maximum lot size limitation.

Complete Input Parameters

Core Settings

Symbol & Filtering

Lot & Risk Management

Day & Time Filters

Drawdown Protection (Receiver Only)

Configuration Examples

Drawdown Scenarios

Supported Trade Types

Market orders (Buy/Sell), pending orders (Buy Limit, Sell Limit, Buy Stop, Sell Stop), direction filtering (Long‑only / Short‑only).

Account Type Support

COPYLATOR supports all  Forex account types, including ECN, etc. In general, accounts are categorized into two main types, both of which are fully supported:

• Hedging accounts: Full support for all features including Reverse Mode, pending order replication, and individual ticket‑based copying.
• Netting accounts: Only one position per symbol is allowed. Some features such as Reverse Mode and pending order replication may not be applicable and will be automatically ignored or adjusted by the EA to prevent errors. The system handles this seamlessly without requiring manual intervention.

SL/TP Modification: Add or modify SL/TP at any time, even after trade open. Works identically across Hedging, Netting, and pending orders.

Best Practices

• Set drawdown protection conservatively (e.g., 3–5% daily, 8–10% total) and test on demo.
• Run terminals continuously – use a VPS for 24/7 operation.
• Use time filters to avoid low‑liquidity hours.

Installation & Quick Start

Step 1 – Sender: Attach EA, set Mode = SENDER , enable AutoTrading.

Step 2 – Receiver(s): Attach EA, set Mode = RECEIVER , enter SenderAccountNumber , enable AutoTrading.

Step 3 – Verify: Sender dashboard shows connected Receivers. Open a trade – it appears on all Receivers.

Notes: One chart per terminal. Restart after config changes. Test on demo first.

Conclusion

COPYLATOR offers advanced drawdown protection, flexible lot management, real‑time SL/TP sync, and a full graphical dashboard. With auto‑detection of Hedging/Netting, smart error handling, and no external dependencies, it provides reliable trade replication across a wide range of MT5 brokers and account setups.

Important Notes

• All terminals must remain running.
• Each Sender must have a unique account number; each Receiver must specify the correct SenderAccountNumber .
• If the automatic symbol mapping fails to find a symbol, the EA will display a clear warning message. You can manually add the missing symbol pair in the SymbolMappings field using the format SenderSymbol:ReceiverSymbol (e.g., XAUUSD:XAUUSDm ). This ensures that trades are copied correctly even when broker symbols differ.
• The MaxSpread parameter is measured in points, not pips. For example, on a 5‑digit broker, 30 points equals 3.0 pips. Set to 0 to disable spread filtering.
• On Netting accounts, some features such as Reverse Mode and pending order replication may not be applicable due to the single‑position‑per‑symbol limitation. The EA automatically detects this and handles it seamlessly without manual intervention.