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Reverse trade software automates the process of executing reverse trades within financial markets. This technology helps to quickly offset positions, minimizing risk exposure. Reverse trade software is a crucial tool for traders and institutions that need to swiftly invert large-scale positions in the stock, commodities, or foreign exchange markets. By automating the process, this software […]

Copy Trade Software automates the process of copying trades from one trader’s account to another, allowing users to replicate successful trading strategies. This software eliminates the need for manual trade execution and enables investors to benefit from the expertise of experienced traders. With its user-friendly interface and advanced features, copy trade software has become increasingly

Are you a fund manager? Have you ever tried to open the same trade in 2 or more accounts simultaneously?

You need to have at least two people, and as much as you rehearse your coordination and teamwork skills, you’ll never be able to replicate the trades precisely the same way. Not to mention the chaos it would unleash if you try to do it on ten different accounts.

What if I tell you that it is possible to execute the same trade on several Metatrader accounts simultaneously without a team of traders, and you can do it all by yourself in your office or home by using this simple method?

Under normal conditions, the Local Trade Copier should copy positions in less than one second. Yes, trades must be copied in 1 second or faster. If it takes longer, then something’s not right.

Usually, delay in copy trading appears because of slow and poor Internet connection, overloaded computer, and broker server delays.

In this article, I want to give possible reasons for slow trade copying so you could identify the problem yourself and fix it fast.

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

Client EA has a unique parameter called MarkAllTrades_DoNotClose. We’ve added it for advanced users who have lots of open positions that should not be closed by the Client EA.

It can get quite advanced because you can mark which trades cannot be closed by the Client EA and you can also do this from your Expert Advisor or even manually. Usually, only advanced users require such functionality, and therefore this parameter is available just for the VIP plan.

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.

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.

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.

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.