The Personal Trade Copier duplicates orders between two (or more) instances of MT4/MT5 running on the same computer. It is trusted by tens of thousands of traders all over the world, and is even used by brokers to offset risk and liquidity from one server to another.
Changes in this new release, v10:
Versions for both MT4 and MT5. Send and receive between any combination of MT4 and MT5 accounts. Improved copying speed In MT4, run trading actions in parallel - copy multiple new signals at the same time - using an optional worker EA Improved automatic detection of different symbol names on different broker accounts, reducing the need for manual settings Override the copier's actions using your own MQL code
This is the MT4 version of the Copier. There is also a version for MT5.
mt4 – mt4 or mt4-mt5 or mt5-mt4 or mt5-mt5 combination possible!
The trade copier has a wide range of features. These are covered in greater detail in the user guide:
Adjust lot sizes, including risk-based adjustment based on the relative equity of the two accounts Adjust the s/l and t/p Only copy orders for specific symbols Only copy orders with specific magic numbers Copies both manual and automated trading activity Send email alerts on trading activity Uses a single magic number for all orders, allowing analysis of results by EA Automatically adjusts between different broker symbols names such as EURUSD and EURUSDcx Automatically adjusts between brokers who use 2/3DP and 4/5DP pricing Invert original trade direction Daily trading hours during which the copier is allowed to trade Handles partial closes
The sending copy of MT4 does not need the ability to place trades. It can be logged in using the read-only MT4 “investor” password.