Today, I’m diving into a game-changing tool that’s going to make your trading life a whole lot easier and way more profitable. In this video, I talk about the Local Trade Copier™ and how it’s going to save you from buying a Forex EA license for every single one of your MT4/MT5 accounts. Yes, you read that right!
In this video, Rimantas shows how to copy your Forex and Gold trades from MT4 to MT5 in one click using the Local Trade Copier software, even if you’ve never linked accounts before.
Have you ever played with walkie-talkies? You press a button, say something, and your friend hears it on their walkie-talkie, even if they’re far away. It’s like magic, right? Well, Rimantas has a similar kind of magic trick to show you in this video, but it’s for your Forex and Gold trades.
In this video, Rimantas shows how to easily copy & paste your Forex and Gold trades from MT5 to MT4 in a few simple steps.
Now you can copy Forex and Gold trades from MT5 to MT4 and reap bigger profits in a few simple steps, without fear of making mistakes, even if you’ve never done it before.
In this video, Rimantas explains how to make every MT4 & MT5 Client account use the same lot size as the Main account with the Local Trade Copier™ for MT4 & MT5. It is an easy way to copy trades of equal lot size for all Metatrader accounts.
In this video, Rimantas explains how you can easily set different lot sizes for each copier account with the Local Trade Copier™ for MT4 & MT5.
All strategies have drawdowns or periods when they face unfavorable market conditions. MAAB Trade Filter is specifically made to reduce negative effects on your account when combined with the Local Trade Copier. It is an easy solution to minimize drawdown and copy Master Account only when it is making profits. This tool also has the power to turn bad EAs and strategies into winners. Find out how MAAB Trade Filter makes it happen in this guide.
In forex trading, just like in every other kind of trading, the sad truth is that most traders lose money. Looking at long-term results, around 95% of forex traders are taking a hit. They’re not just failing to make a profit. They’re losing money.
But what if you could somehow use that to your advantage? Imagine if you could go back in time and do things differently. Turn that losing short trade into a winning long? You could be turning the kryptonite of everyone’s trading nightmares into pure gold! Just think of it.
Well, that’s the whole idea of reverse trading.
Cutting losses short and letting your profits run are the most discussed topics in the forex market. Reducing your losses is probably a more straightforward thing to do. If you see that the price is not going where you have anticipated but has turned around and moved against you, you would likely close your position even if the price hasn’t triggered your stop-loss order yet. On the other hand, it is much more challenging to let your profits run, as you never know whether the price will reach your anticipated target or start reversing before that.
It is disappointing to find the message “Trade disabled” on your MT4 platform. However, that is not fatal, and you can solve it by finding the reason for disabled trading and fixing it. In some cases, if the market is closed, there is nothing to resolve, but if the market is open and your trading functionality is disabled, you have to know what the issue is and how to solve it. In this article, we will look a the main reasons why trading can be disabled on the MetaTrader 4 platform and what to do to enable it.
Are you using your mobile device to trade when you can’t get to your desktop setup? Are you using one MetaTrader account to copy trades across to other accounts using the FX Account Cloning setup? Well, then you’ve probably run into the problem that the MetaTrader mobile app doesn’t allow trade copier software. Let me give you a hack that will enable you to do personal copy trading on Android or iOS and copy trades from one Metatrader to another across multiple devices.