Trade Copier articles

On October 15th, 2020, I have released a trade copier software for the MetaTrader 5 and named it MT5 Trade Copier by Rimantas Petrauskas. Metatrader 5 is not that popular yet, but I see the demand is rising year after year. And the best part is that if you purchase both trade copiers from me, for MT4 and MT5 platforms, you can copy trades from MT4 to MT5 and MT5 to MT4 as well.

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U.S. Forex brokers and possibly some other brokers will have FIFO limitations applied to each account. It means trader or any EA is restricted to close positions only in particular order and hedge trading will be disabled too (you cannot hold BUY and SELL positions open at the same time). These restrictions cannot be changed, and anyone who is trading in such account (including EA) will have to obey these restrictions.

Local Trade Copier is capable of handling trade copying of positions on MT4 accounts with FIFO limitations including partial closes.

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Local Trade Copier can do Netting of positions which is especially useful if operating on an MT4 account with FIFO restrictions.

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In this short tutorial, Rimantas explains how to configure Local Trade Copier not to close specific positions.

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In this short tutorial, I explain how to check if your computer and Internet connection speed is slowing down the MT4 trade copier or not? It is essential to understand that to copy Forex trades as fast as possible (in 1 second or faster) your computer and internet quality needs to be in excellent condition.

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Local Trade Copier can increase or decrease the lot size of the next order if previous trade closed in a loss when Martingale Mode is enabled. Note that this is a very risky trading style so be sure you know what you are doing.

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Today we will talk about a very important thing – SPEED. Especially for traders who are copying their trades to other MT4 accounts using Local Trade Copier.

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