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.
Local Trade Copier for MT4 allows you to control the lot size on the client account in many ways. The software has many parameters to control the lot allocation. You can copy trades at the same percentage risk even when master and client accounts are of different size and different deposit currency or you can copy trades at your own set fixed lot size. You also have the ability to copy trades with the same lot size no matter what or choose one of few more advanced risk control settings.
Each Local Trade Copier license is limited to work on a certain number of computers, but we do not limit the number of MT4 terminals on each computer. There are two types of License Activation systems, online, and offline.
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Let me walk you through all the parameters that you will find in the Client EA of the Local Trade Copier. You will see those settings once you attach the Client EA to the chart.
Useful read: How Forex Trade Copier Works on MT4. A simple step-by-step explanation of how to use a trade copier on MetaTrader 4.
Now let’s get to the settings of the Client EA.
Let me walk you through all the parameters that you will find in the Server EA of the Local Trade Copier. You will see those settings once you attach the Server EA to the chart.
Useful read: How Forex Trade Copier Works on MT4. A simple step-by-step explanation of how to use a trade copier on MetaTrader 4.
Now let’s get to the settings of the Server EA.