Local trade copier for mt5

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MT5 Trade Copier Expert Advisor Requirements

Overview

Develop an MT5 (MQL5) Trade Copier consisting of:

1. Master EA (Sender)
2. Slave EA (Receiver)

The Slave account must copy trades from the Master account with multiple risk management and protection features.

---

General Requirements

- Platform: MetaTrader 5 (MQL5)

- Support Hedging Accounts

- Real-time trade synchronization

- Copy:
  
  - Market Orders
  - Stop Loss (SL)
  - Take Profit (TP)
  - Order Modifications
  - Trade Closures

- 1:1 lot copying ratio by default

- Low latency operation

- Detailed logging

---

Input Parameters

Symbol Filter

Accept Only Symbol

AcceptOnlySymbol = ""

- If empty → copy all symbols.
- If specified → copy only trades for this symbol.
- Example:
  - XAUUSD
  - EURUSD
  - BTCUSD

---

Maximum Lot Size

MaxLotSize = 1.00

- If master lot exceeds MaxLotSize:
  - Either reject trade
  - Or cap copied lot size to MaxLotSize

(Selectable behavior)

---

Maximum Live Trades

MaxLiveTrades = 10

- Maximum simultaneously open copied trades.
- New trades ignored once limit reached.

---

Maximum Trades Per Day

MaxTradesPerDay = 20

- Daily limit on copied trades.
- Counter resets at broker day change.

---

Lot Copy Ratio

LotMultiplier = 1.0

Examples:

- 1.0 = 1:1 copying
- 0.5 = half size
- 2.0 = double size

Default:

LotMultiplier = 1.0

---

Missing SL/TP Protection

Auto Fix Missing SL/TP

AutoFixMissingSLTP = true

When copied trade arrives without SL and/or TP:

EA automatically applies protection levels.

---

Default SL Distance

DefaultSLPoints = 1000

Applied if SL missing.

Calculation:

BUY:

SL = Entry - DefaultSLPoints

SELL:

SL = Entry + DefaultSLPoints

---

Default TP Distance

DefaultTPPoints = 2000

Applied if TP missing.

Calculation:

BUY:

TP = Entry + DefaultTPPoints

SELL:

TP = Entry - DefaultTPPoints

---

Risk Protection

Maximum SL Risk Per Trade

MaxSLRiskPercent = 2.0

Before opening copied trade:

Calculate risk using:

Risk = Potential SL Loss / Equity

If:

Risk > MaxSLRiskPercent

Then:

- Reject trade
- Generate alert

---

Equity Protection

Close All On Equity Drawdown

EnableEquityProtection = true

MaxEquityDrawdownPercent = 20

If account equity falls by configured percentage from reference equity:

Actions:

1. Close all open copied trades
2. Stop further copying
3. Generate alert

Reference equity options:

- Current balance at EA start
- Highest equity achieved since EA start

(Selectable)

---

Synchronization Features

SL Modification Sync

When SL changes on Master:

- Update corresponding Slave trade.

---

TP Modification Sync

When TP changes on Master:

- Update corresponding Slave trade.

---

Trade Close Sync

When trade closes on Master:

- Close corresponding Slave trade immediately.

---

Partial Close Sync

When Master partially closes:

- Apply proportional partial close on Slave.

---

Alerts

Alert Types

Trade Copied

EnableTradeCopiedAlert = true

Alert includes:

- Symbol
- Direction
- Lot Size
- Ticket

---

Trade Rejected

EnableTradeRejectedAlert = true

Reasons:

- Max lot exceeded
- Max trades exceeded
- Daily limit exceeded
- Risk exceeded
- Symbol not allowed

---

Missing SL/TP Fixed

EnableSLTPFixAlert = true

---

Equity Protection Triggered

EnableEquityProtectionAlert = true

---

Connection Lost

EnableConnectionAlert = true

Alert when:

- Master unreachable
- Data feed interrupted
- Synchronization fails

---

Notifications

Support:

- MT5 Popup Alert
- Push Notification
- Email Notification

Individual enable/disable settings.

---

Safety Features

- Prevent duplicate trade copying.
- Unique Master Ticket ↔ Slave Ticket mapping.
- Auto-reconnect after communication failure.
- Persistent trade mapping after terminal restart.
- Recovery mode after EA restart.
- Handle broker symbol suffixes automatically.
  Example:
  - EURUSD
  - EURUSD.a
  - EURUSDm

---

Performance Requirements

- Operate continuously 24/7.
- Minimal CPU usage.
- Support 100+ simultaneous copied trades.
- Robust error handling and logging.

---

Deliverables

1. Master EA (.mq5 source)
2. Slave EA (.mq5 source)
3. Complete source code
4. Installation guide
5. User manual
6. Input parameter documentation
7. Trade recovery and synchronization documentation

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