This MetaTrader 4 expert advisor functions as a local trade copier, allowing users to replicate trades from one terminal to another. It 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
Copier & bridge · MT4
TradeSync MT4 Receiver
This expert advisor acts as a trade receiver for the MetaTrader 4 platform, enabling the execution of orders sent from a remote master account.
GitHub stars1
Forks1
Last update6 years ago3 Apr 2020
LicenceLGPL-3.0
Overview
TradeSync MT4 Receiver establishes a connection via a socket library to a cloud hub or a specified local port to receive trade commands. The system parses incoming messages for parameters such as entry price, take profit, stop loss, and volume. Users can control risk by applying a volume multiplier to incoming signals. Notably, the EA requires external DLL support for socket communication and network connectivity.
- Socket-based trade execution
- Cloud hub integration
- Customizable volume multiplier
- Local server port listening
Details
Author
JafferWilson on GitHub
Type
Copier & bridge
Platform
MetaTrader 4 (MQL4)
Markets
Any symbol
Timeframes
Any timeframe
Risk profile
No grid, martingale or hedging logic was found in its code or README. That says nothing about how it performs: backtest it first.
Input parameters
Read from TradeSync-MT4Receiver-7.mq4. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
HubAddress | string | http://thecoder1.pythonanywhere.com:80 | Cloud Hub, to connect Signal Receiver |
ServerPort | ushort | 23456 | Server port to listen to, on this computer (Port must be Open) |
FromAccount | string | 00000000 | Account from which Trading Signal should be copied |
VolumeMultiplier | double | 1 | Volume multiplier after considering equity rule |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone JafferWilson/Trade-Copier-Receiver 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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