Have you ever wonder how to combine several MetaTrader accounts with different strategies into one portfolio account?
Did you know that with the help of a simple MT4 plug-in you can merge multiple accounts into one account?
In other words, in this article, I explain how you can copy several MT4 accounts into one aggregate account.
Even thought I have created and tested Local Trade Copier on Windows OS, I do have customers who are using it on MAC.
I personally did not tested it on MAC, but here’s what my customers sent me. These are the steps they took to install and use the software on MAC.
Once you finish this installation process you can start using the trade copier and here are some videos to help you begin.
In this blog post, I’ll show you how to improve MT4 performance and how to make sure your Expert Advisors and indicators are not suffering from unnecessary delays.
This literally allows you to speed up MT4 software when it is used on multi-core processor VPS servers. In this example, I will use one of my MT4 apps to demonstrate how to identify this problem and how to fix this, but you might experience the same problem with any other MT4 app in general.
Imagine this simple scenario. Let say you are trading Forex, Indices, or CFD in your MetaTrader 4 account (let’s call it Master account (A). Then you also have other 10x MT4 accounts of your family members and your clients (let’s call them Client accounts B1, B2, B3, etc). All of them are running on your computer at home.
Do you know you can link all of these MetaTrader accounts together and open positions in each of them at the same time?
Even more, you can log into the same Master account (A) from ANOTHER computer (2) to execute trades there and have them replicated into each and every Client account running on the first computer (1).
My trade copier allows to copy only certain positions by the trade comment seen on the master account. You can also choose to exclude certain positions from copying.
Local Trade Copier have these cool options for day traders. If you want Client EA to close all open positions and stop copying any trades, then “Close & Stop” feature is perfect for you.
In this blog post I will explain how you can deal with the “ghost trades” on a client accounts when using Local Trade Copier. Do not worry, not everyone gets them and there is no bug with this or anything. It’s very simple to fix this and I am sure you’ll agree with that after you finish reading this post.
Copying trade between multiple MT4 accounts at a better price than it is on the master account, is something that many currency traders want to do. The good news are that the Client EA of the Local Trade Copier can be easily configured to only accept trades when the price for entering the market on the client account is better than it is on the master trade.
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 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.
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:
