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Key Terms in Forex Copy Trading and What The Hell They Mean?

By Local Trade Copier Q&A One Comment

Have you ever heard someone online talking to you about ‘master and slave’ accounts, currency suffix, symbol mapping and other similar technical terms and you did not understand what the hell they were talking about? Maybe you even pretend that you know these terms, but just changed the topic of the conversation? In this business of forex, there are literally hundreds of different terms and it is important to know a lot of them to be successful.

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The definitive guide to forex trade copying headline

The Definitive Guide to Forex Trade Copying

By Guides 10 Comments

Hello my dear readers and future trade copiers. I have spent the last few months working hard on creating this Definitive Guide to Forex trade copying. My aim with this guide was to create the most complete and in depth overview of the trade copying process available on the market today. I hope that I’ve come close to my goal and that you’ll find my guide useful.

Here’s a snapshot of what you will learn with my 13,000-word trade copying guide:

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Time filter using rectangle shapes on MT4 chart for trade copier

Using the New Time Range Filters For Extra Profit

By User experience 3 Comments

This is another story that was shared by one of my customers. This time he applies time filter to his trade copying campaign to avoid trading during Asian session.

This is part two of my articles series on the features in the new 2.1 version of the Local Trade Copier software. In part one I talked about how to use the new external Trade Filter Indicators to filter the trading signals received from my signal providers. You can read more about it by going here.

The second big change coming with the new version 2.1 is the filtering of trades by time. This is done with the simple drawing of rectangles on the chart. You can add an unlimited number of these time based filters to your charts.

You can use time based filters with the Server EA and the Client EA

You can create the time based filters on either the ‘’master’’ or the ‘’slave’’ account. This means that if you are a signal provider and you use an EA to trade your customers’ accounts, you can set the Server EA to avoid sending trades to customers during specified time ranges.

If you are a client that receives signals from a provider you can set the Client EA to ignore all trades that are received during certain time periods.

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Chess figures wins over others

How to Use the New External Trade Filter Indicators to Filter Trading Signals

By User experience No Comments

This is another story that was shared by one of my customers about his friend “Bob”. This time he applies external filter indicators to his trade copying campaign.

Hello readers. Some of you may remember me from an article I wrote about my friend ‘’Bob’’. He was the awful trader that somehow still makes me money? If you still haven’t taken a look, here is the link to part 1 and part 2.

Since the story was published on www.mt4copier.com it generated a great deal of interest and the creator of the Local Trade Copier, Rimantas Petrauskas contacted me and asked me to write another article for his website. He just released the new and improved version 2.1 of his trading software few weeks ago. He asked me to take a look at it and write a review if I find the new features useful in my trading.

There are quite a few improvements over the earlier version, and here are just a couple of them:

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