Description:

Original website: PRIVATE USER

Original Price: $ 100

Content: 

MT4 / MT5 VERSION

This EA works on ALL MT4/MT5 Terminal Build 

About EA:

Full Item Description

Professional Multi-Account Trade Copier for MetaTrader 4 & MetaTrader 5

Local Trade Copier Pro EA MT4/MT5 – All Builds is an advanced local trade-copying solution designed to synchronize and manage trades between multiple MetaTrader 4 and MetaTrader 5 accounts running on the same Windows computer or Windows VPS.

Unlike a basic copier that simply duplicates trades, the system provides extensive receiver-side control over lot sizing, risk management, trade filtering, symbol mapping, TP/SL management and account protection.

It can be configured with one or multiple Transmitter accounts and one or multiple Receiver accounts, making it suitable for personal multi-account trading, different brokers and more complex account-management environments.

MT4 & MT5 Cross-Platform Trade Copying

The system supports all four major MetaTrader copying configurations:

✓ MT4 → MT4

✓ MT5 → MT5

✓ MT4 → MT5

✓ MT5 → MT4

This allows a strategy or manual trader operating on one MetaTrader generation to synchronize positions with accounts running another.

For example:

MT4 Master → Multiple MT5 Receivers

or

MT5 Master → MT4 + MT5 Receiver Accounts

The original developer notes that both the MT4 and MT5 versions are required for cross-platform MT4 ↔ MT5 copying.

Fast Local Trade Copying

Local Trade Copier operates directly between MetaTrader terminals installed on the same Windows computer or Windows VPS.

The developer reports copying speeds of under 0.5 seconds under suitable conditions. Because communication occurs locally, the system does not depend on a remote cloud-copying service for communication between the terminals.

This architecture is particularly useful when several MetaTrader terminals are running together on a dedicated trading VPS.

Transmitter → Receiver Architecture

The system operates using two roles:

TRANSMITTER

The Transmitter account provides the original trading activity.

RECEIVER

One or multiple Receiver accounts reproduce the trades according to their individual configurations.

When a position on the Transmitter is opened, modified or closed, connected Receivers can reproduce the corresponding action according to the settings selected for each account.

This means Receiver #1 does not necessarily have to use the same risk configuration as Receiver #2.

Multiple Transmitters & Multiple Receivers

The copier isn’t limited to a simple:

1 Master → 1 Receiver

configuration.

It supports setups involving:

✓ One Transmitter → Multiple Receivers

✓ Multiple Transmitters → Multiple Receivers

This provides considerably more flexibility for traders operating multiple accounts or different trading environments.

18 Lot Size & Risk Options

One of the strongest parts of Local Trade Copier is its receiver-side money-management system.

The developer specifies 18 lot-size and risk-management options.

Available approaches include configurations such as:

✓ Same lot size as Transmitter

✓ Fixed lot size on Receiver

✓ Lot-size multiplier

✓ Balance/Equity-based multiplier

✓ Proportional sizing based on Balance

✓ Proportional sizing based on Equity

✓ Proportional sizing based on Free Margin

✓ Risk-per-trade calculations

This means a Receiver with a different account balance does not necessarily have to duplicate the Transmitter’s original lot size.

Different Brokers Supported

Transmitter and Receiver accounts can operate with different brokers.

This is particularly important because brokers frequently use different:

Symbol Names

Prefixes

Suffixes

Contract Specifications

Minimum Lot Sizes

The copier includes symbol-mapping functionality to accommodate these differences.

Symbol Mapping – Prefix & Suffix Support

For example, one broker might use:

EURUSD

while another could use:

EURUSDm

or another broker-specific variation.

Local Trade Copier provides symbol mapping and prefix/suffix functionality so the appropriate Receiver instrument can be associated with the Transmitter instrument.

Advanced Trade Filtering

Not every Transmitter trade has to be copied.

The EA provides filters that can control copying according to criteria including:

✓ Magic Number

✓ Symbol

✓ Trade Comment

✓ Trade Number

✓ Trade Volume

✓ Day and Time

It can also control copying of:

Long / Short trades

Old / New trades

Market trades

Pending orders.

This makes it possible to copy selected strategies from an account instead of blindly duplicating everything.

Manual Trades & Expert Advisors

The Transmitter trades do not necessarily need to originate from another EA.

According to the developer, the copier can work with trades originating from different sources, including manual trading, while also allowing Expert Advisors and manual trading to coexist.

For example:

Manual Trade → Copier → Multiple Accounts

or:

Trading EA → Copier → Multiple Accounts

TP & SL Management

Local Trade Copier includes extensive control over Take Profit and Stop Loss.

Receiver accounts can be configured to copy or not copy the original TP/SL levels and use additional TP/SL management options.

This gives the Receiver more flexibility than simple one-to-one position duplication.

Trade Closing & Partial Close

Trade synchronization also extends to closing positions.

The system provides options for synchronized trade closure and supports correct partial closure of copied Receiver positions.

This is especially important when the Transmitter gradually reduces an existing position rather than closing the entire trade at once.

Reverse Copying

Another interesting function is Reverse Copying.

This allows the Receiver configuration to reverse the trading direction rather than simply duplicate it. The developer also lists better-price and original TP/SL handling among its advanced price-management options.

Trade Splitting

Large copied positions can also be divided.

The system supports automatic or predefined trade splitting, allowing copied trades to be separated into smaller parts.

Receiver-Side Risk Control

Local Trade Copier can act as more than a copier.

Because risk controls are applied independently on Receiver accounts, it can effectively provide an additional receiver-side risk-management layer.

Available controls include maximum-risk settings at:

✓ Symbol level

✓ Currency level

✓ Account level

as well as minimum and maximum Receiver lot-size controls.

Account Protection

The copier incorporates emergency account-protection functionality.

According to the developer, protection features include controls related to:

✓ Drawdown

✓ Equity

✓ Profit

✓ Daily Drawdown

✓ Daily Profit

The copier can suspend copying when configured limits are reached, and account-protection functions can close trades and disable further copying according to the selected settings.

This is particularly useful when different Receiver accounts require different maximum-risk limits.

Drawdown Protection

The system can also be configured so that copying is suspended when either the Transmitter or Receiver drawdown exceeds a defined percentage level. 

This provides another layer of control for multi-account setups.

Read-Only Transmitter Support

An interesting feature is the ability to copy from a Transmitter account accessed with an Investor / Read-Only password.

The source account therefore does not necessarily require trading access when it is being used solely as the Transmitter.

Live & Demo Account Combinations

The copier supports different account combinations, including:

✓ Real → Real

✓ Real → Demo

✓ Demo → Real

✓ Demo → Demo

provided that the terminals and accounts are correctly configured.

Notifications & Monitoring

The EA provides monitoring through MetaTrader’s Experts log and supports notification functionality for important trade-copying events.

The original description also lists email and push notifications related to copied trades and Receiver account information such as balance, equity and margin levels.

Persistent Configuration

The copier is designed to retain its settings if:

Internet connection is interrupted

or

MetaTrader terminals are restarted.

This is useful for VPS environments where terminals may occasionally need to restart.

Main Features

✓ MetaTrader 4 & MetaTrader 5

✓ MT4 → MT4 Copying

✓ MT5 → MT5 Copying

✓ MT4 → MT5 Cross-Platform Copying

✓ MT5 → MT4 Cross-Platform Copying

✓ Under 0.5 sec Local Copying Under Suitable Conditions

✓ One-to-Many Copying

✓ Multiple Transmitters & Receivers

✓ Different Broker Support

✓ 18 Lot Size & Risk Options

✓ Symbol Mapping

✓ Prefix / Suffix Support

✓ Magic Number Filtering

✓ Symbol / Comment / Volume Filtering

✓ Day & Time Controls

✓ Market & Pending Order Copying

✓ Long / Short Trade Controls

✓ Manual Trade Copying

✓ EA Trade Copying

✓ TP / SL Management

✓ Partial Closing

✓ Reverse Copying

✓ Trade Splitting

✓ Receiver Lot Limits

✓ Risk Controls

✓ Daily Drawdown Protection

✓ Account Protection

✓ Read-Only Transmitter Support

✓ Email / Push Notifications

✓ Windows PC & Windows VPS Operation

The feature set above is supported by the developer’s current documentation.

Technical Specifications

*Cross-platform MT4 ↔ MT5 copying requires the corresponding MT4 and MT5 versions.

Package Contents

Local Trade Copier Pro EA MT4

Local Trade Copier Pro EA MT5

For All Builds