Settings/Inputs Guide

Local Trade Copier EA MT4/5©  | Trade Copier for MT4 and MT5, Forex Fast Copy Trading Software, Reliable Automated Forex Local Trade Signal Copier, Mirror Trading Platform, The Best MetaTrader Trade Copying Service | Local Trade Copier EA MT4/5©

Local Trade Copier EA MT4©

 $100   $50

Local Trade Copier EA MT4/5©  | Trade Copier for MT4 and MT5, Forex Fast Copy Trading Software, Reliable Automated Forex Local Trade Signal Copier, Mirror Trading Platform, The Best MetaTrader Trade Copying Service | Local Trade Copier EA MT4/5©
Local Trade Copier EA MT4/5©  | Trade Copier for MT4 and MT5, Forex Fast Copy Trading Software, Reliable Automated Forex Local Trade Signal Copier, Mirror Trading Platform, The Best MetaTrader Trade Copying Service | Local Trade Copier EA MT4/5©
Local Trade Copier EA MT4/5©  | Trade Copier for MT4 and MT5, Forex Fast Copy Trading Software, Reliable Automated Forex Local Trade Signal Copier, Mirror Trading Platform, The Best MetaTrader Trade Copying Service | Local Trade Copier EA MT4/5©

Local Trade Copier EA MT5©

 $100   $50

Local Trade Copier EA MT4/5©  | Trade Copier for MT4 and MT5, Forex Fast Copy Trading Software, Reliable Automated Forex Local Trade Signal Copier, Mirror Trading Platform, The Best MetaTrader Trade Copying Service | Local Trade Copier EA MT4/5©
Local Trade Copier EA MT4/5©  | Trade Copier for MT4 and MT5, Forex Fast Copy Trading Software, Reliable Automated Forex Local Trade Signal Copier, Mirror Trading Platform, The Best MetaTrader Trade Copying Service | Local Trade Copier EA MT4/5©
Download Free Demo of Local Trade Copier EA MT4/5©  | Trade Copier for MT4 and MT5, Forex Fast Copy Trading Software, Reliable Automated Forex Local Trade Signal Copier, Mirror Trading Platform, The Best MetaTrader Trade Copying Service | Local Trade Copier EA MT4/5©

Try the Free Demo Version of Local Trade Copier EA MT4/5©

First download the free demo versions by clicking these links:  MT4  or  MT5

Then paste the downloaded files into your MT4/5 >> File >> Open Data Folder >> MQL4/5 >> Experts folder and restart your terminal.

Watch the quick setup video below and perform the same setup in your demo accounts to try out the Local Trade Copier EA MT4/5© before your purchase. The free demo versions are fully functional, but on demo accounts only.


Local Trade Copier EA MT4/5© Settings/Inputs Guide


General Settings

Copying / Multiplying Options

Lot Size Management

If None is selected, Local Trade Copier EA MT4/5© will not copy any transmitter trades.

If Same Lot Size is selected, Local Trade Copier EA MT4/5© will copy the receiver trades with the same lot size as the original transmitter trades.

If Fixed is selected, Local Trade Copier EA MT4/5© will copy the transmitter trades onto the receiver account(s) with a fixed lot size as per below Fixed Lot Size setting.

If Multiplier is selected, Local Trade Copier EA MT4/5© will use the below Multiplier setting for copying transmitter trades onto the receiver account(s).

If Multiplier by Balance is selected, Local Trade Copier EA MT4/5© will use the below Multiplier by Balance setting for calculating the multiplier that will be used for the receiver copied trades as follows. If the receiver account balance is $10000 and the Multiplier by Balance setting is 1000, the multiplier that will be used for the receiver copied trades will be 10 (10000/1000).

If Multiplier by Equity is selected, Local Trade Copier EA MT4/5© will use the below Multiplier by Equity setting for calculating the multiplier that will be used for the receiver copied trades as follows. If the receiver account equity is $10000 and the Multiplier by Equity setting is 1000, the multiplier that will be used for the receiver copied trades will be 10 (10000/1000).

If Proportional by Balance is selected, Local Trade Copier EA MT4/5© will copy the transmitter account trades onto the receiver account(s) with a lot size proportional to the receiver account(s) balance only. For example, if the transmitter balance is $2000 and the receiver balance is $4000, a 0.10 lot transmitter trade will be copied as a 0.20 lot trade to the receiver account.

If Proportional by Equity is selected, Local Trade Copier EA MT4/5© will copy the transmitter account trades onto the receiver account(s) with a lot size proportional to the receiver account(s) equity only. For example, if the transmitter equity is $2000 and the receiver equity is $4000, a 0.10 lot transmitter trade will be copied as a 0.20 lot trade to the receiver account.

If Proportional Multiplier by Balance is selected, Local Trade Copier EA MT4/5© will copy the transmitter account trades onto the receiver account(s) with a lot size proportional to receiver account's balance with an additional multiplier applied, called Proportional Multiplier by Balance that can be adjusted below. This Proportional Multiplier by Balance is 1 by default, so if for example the default Proportional Multiplier by Balance=1 gives a 0.20 lot size trade to be opened on the receiver account side, if the Proportional Multiplier by Balance value is changed to 0.5 the receiver lot size will be 0.10 (0.20*0.5=0.10) and if the Proportional Multiplier by Balance value is changed to 3, the receiver lot size will be 0.60 (0.20*3=0.60).

If Proportional Multiplier by Equity is selected, Local Trade Copier EA MT4/5© will copy the transmitter account trades onto the receiver account(s) with a lot size proportional to receiver account's equity with an additional multiplier applied, called Proportional Multiplier by Equity that can be adjusted below. This Proportional Multiplier by Equity is 1 by default, so if for example the default Proportional Multiplier by Equity=1 gives a 0.20 lot size trade to be opened on the receiver account side, if the Proportional Multiplier by Equity value is changed to 0.5 the receiver lot size will be 0.10 (0.20*0.5=0.10) and if the Proportional Multiplier by Equity value is changed to 3, the receiver lot size will be 0.60 (0.20*3=0.60).

If Risk per Trade in % of Balance is selected, each receiver copied trade will have the appropriate lot size in order to lose the user defined percentage of account balance in the setting below, when SL is hit. This Lot Size Type can be used only for receiver copied trades that have a stop loss applied. Notice: If the SL of a transmitter original trade is modified, the receiver copied trade SL will be also modified, increasing or decreasing the initial risk of the receiver copied trade, but if the SL of the transmitter trade is removed, the receiver copied trade will be closed.

If Risk per Trade in % of Equity is selected, each receiver copied trade will have the appropriate lot size in order to lose the user defined percentage of account equity in the setting below, when SL is hit. This Lot Size Type can be used only for receiver copied trades that have a stop loss applied. Notice: If the SL of a transmitter original trade is modified, the receiver copied trade SL will be also modified, increasing or decreasing the initial risk of the receiver copied trade, but if the SL of the transmitter trade is removed, the receiver copied trade will be closed.

If Risk per Trade in Money is selected, each receiver copied trade will have the appropriate lot size in order to lose the user defined amount in account currency in the setting below, when SL is hit. This Lot Size Type can be used only for receiver copied trades that have a stop loss applied. Notice: If the SL of a transmitter original trade is modified, the receiver copied trade SL will be also modified, increasing or decreasing the initial risk of the receiver copied trade, but if the SL of the transmitter trade is removed, the receiver copied trade will be closed.

If Lot Size per 1000 of Balance is selected, Local Trade Copier EA MT4/5© will use the below Lot Size per 1000 of Balance setting, to calculate the lot size of the receiver copied trades, based on the balance of the receiver account. For example if Lot Size per 1000 of Balance=0.03 is inserted and the receiver account balance is $10000, the lot size of all receiver copied trades will be 0.30 lots.

Finally if Lot Size per 1000 of Equity is selected, Local Trade Copier EA MT4/5© will use the below Lot Size per 1000 of Equity setting, to calculate the lot size of the receiver copied trades, based on the equity of the receiver account. For example if Lot Size per 1000 of Equity=0.03 is inserted and the receiver account equity is $10000, the lot size of all receiver copied trades will be 0.30 lots.

Trade Management

Emergency Trade Management

Notification Settings

Mapping Settings


* These settings/options are calculated as equity over balance, taking swaps and commissions into account.


Local Trade Copier EA MT4/5©  | Trade Copier for MT4 and MT5, Forex Fast Copy Trading Software, Reliable Automated Forex Local Trade Signal Copier, Mirror Trading Platform, The Best MetaTrader Trade Copying Service | Local Trade Copier EA MT4/5©

Local Trade Copier EA MT4©

 $100   $50

Local Trade Copier EA MT4/5©  | Trade Copier for MT4 and MT5, Forex Fast Copy Trading Software, Reliable Automated Forex Local Trade Signal Copier, Mirror Trading Platform, The Best MetaTrader Trade Copying Service | Local Trade Copier EA MT4/5©
Local Trade Copier EA MT4/5©  | Trade Copier for MT4 and MT5, Forex Fast Copy Trading Software, Reliable Automated Forex Local Trade Signal Copier, Mirror Trading Platform, The Best MetaTrader Trade Copying Service | Local Trade Copier EA MT4/5©
Local Trade Copier EA MT4/5©  | Trade Copier for MT4 and MT5, Forex Fast Copy Trading Software, Reliable Automated Forex Local Trade Signal Copier, Mirror Trading Platform, The Best MetaTrader Trade Copying Service | Local Trade Copier EA MT4/5©

Local Trade Copier EA MT5©

 $100   $50

Local Trade Copier EA MT4/5©  | Trade Copier for MT4 and MT5, Forex Fast Copy Trading Software, Reliable Automated Forex Local Trade Signal Copier, Mirror Trading Platform, The Best MetaTrader Trade Copying Service | Local Trade Copier EA MT4/5©
Local Trade Copier EA MT4/5©  | Trade Copier for MT4 and MT5, Forex Fast Copy Trading Software, Reliable Automated Forex Local Trade Signal Copier, Mirror Trading Platform, The Best MetaTrader Trade Copying Service | Local Trade Copier EA MT4/5©

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