This expert advisor facilitates trade replication between MetaTrader 4 and MetaTrader 5 platforms using TCP communication. It functions as either a sender or a receiver, allowing cross-platform signal transfer. The tool includes a lot size multiplier to scale positions on the receiving side and requires IP and port con
Copier & bridge · MT4
Trade Copy MT4
This MetaTrader 4 expert advisor functions as a local trade copier, allowing users to replicate trades from one terminal to another.
High risk
GitHub stars256
Forks148
Last update3 years ago21 Aug 2023
LicenceGPL-2.0
Overview
Trade Copy MT4 operates by sharing a data file between a master and a slave instance on the same computer or filesystem. The slave EA manages order execution, including market, limit, and stop orders, while providing lot sizing options like fixed lots or proportional scaling. It supports symbol prefix mapping and includes settings to sync stop loss and take profit levels. The software requires technical setup to share files across terminal directories.
- Local file-based trade replication
- Proportional and fixed lot sizing
- Symbol prefix and suffix mapping
- Support for market and pending orders
- Configurable pips tolerance and delay
Details
Author
vobornik on GitHub
Type
Copier & bridge
Platform
MetaTrader 4 (MQL4)
Strategy
Martingale
Markets
Any symbol
Timeframes
Any timeframe
Risk profile
- Uses martingale lot scaling: losses can grow fast
EA files
Input parameters
Read from TradeCopySlave.mq4. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
filename | string | TradeCopy | |
S1 | string | recalculate Lot by this coefficient: | |
LotCoeff | double | 0.1 | |
S2 | string | if set, force Lot to this value: | |
ForceLot | double | 0.01 | |
S3 | string | is set, use this amount for every 0.01 Lot if higher than ca | |
MicroLotBalance | double | 0 | |
delay | int | 1000 | |
PipsTolerance | double | 5 | |
magic | int | 20111219 | |
Prefix | string | | |
Suffix | string | |
Show all 14 inputs
| Name | Type | Default | Description |
|---|---|---|---|
CopyDelayedTrades | bool | false | |
IgnoreSLTP | bool | false |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone vobornik/mt4-trade-copy from GitHub, and unzip it.
- 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts.
- 3Copy the filesCopy the .mq4 file into Experts.
- 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
- 5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.
Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.
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