Explanation of copying between MetaTrader platforms + the best paid expert advisors for free

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Copy Trading Software, Mirror Trading Software or Trade Copy EAs in MetaTrader and other platforms are algorithmic scripts for copying trades (trading time, trading volume, stop loss position, target position) from the main account to a sub trading account or client account. This type has been called “mirror trading software” for copying the same trades (as in a mirror) from one account to another. With these scripts, a single trader can trade the same positions on several trading accounts.

How does copying work in forex trading

80% traders use MetaTrader 4 and 5 (its abbreviated MT4,5) to trade in the foreign exchange (Forex) markets. These traders often manage investment accounts for different clients for a fee. Hence, if they are confident that they will make a profit, they would like to repeat their trade in each of the accounts they manage. Repeating a trade manually is a time consuming process. Hence they are interested in using copy trading software to replicate forex trades quickly and easily. Anyone can install cloning software and master these applications in five minutes or less. They can then start copying trades right away and instruction manuals are included with the software and various expert advisors.

Copying in forex is divided into two parts: local copying through some programs or advisors directly, most of which work by writing transactions in a file locally and reading them on the sub-account. The cost is very high, and it is for the huge numbers of copiers, and the purchase of ready-made copy platforms reaches three thousand dollars. You can contact us directly if you are interested in this type. Forex in Arabic works in partnership with one of the best Cypriot financial technology companies in localizing and introducing its own platform for companies in countries Arabia with great discounts, full white label service, and we can provide you with a trial platform.

local copy

Local Trade Copy Software is software developed to increase the productivity of forex account managers and retail traders. Instead of manually repeating trades in each account, the software allows the trader to automatically repeat trades between several accounts on their computer or VPS. This allows the trader to manage multiple MT4 accounts at the same time. A trader does not have to risk dealing with unregulated forex brokers and can turn a losing forex strategy into a profitable one. A trader can create his own investment portfolio with several MT4 accounts or become an account manager independently without signing contracts or making payments.

Local versions of EAs designed for MetaTrader, their prices range from 30 to 50 dollars, and here you can download the best paid local EAs for free. The first is the Arabic forex expert advisor for local versions. Simple Copy is easy to use without affecting the central computer processor or memory, the other is CopyLot the most Purchase from the mql5 store, which is a full version that you can download for free and you will not need a license. Kobe Lot contains dozens of different options. You can visit its page in the store from here.

The following video shows the ease of use of the robot and the copying started directly:

Local copy steps

  1. The first step involves setting up the MetaTrader platforms for trading. This can be done on any laptop, desktop or VPS with Windows. The procedure for Mac computers is slightly different. The trader should be aware that all MetaTrader platforms must be installed on the same computer.
  2. Install the master account EA , the trader copies trades from his main account or from a group of main accounts as happens in the Forex copy service, and an Expert Advisor (EA) must be running for these accounts. The number of key calculations depends on the processing power of the computer. These master accounts may also be called provider, server, or sender accounts. The trader sets a channel (private name) for copying and then adjusts the settings according to his vision.
  3. Install EA Slave Account , MT4 accounts to which trades are copied are called customer accounts, the CPU power determines the number of customer accounts on the computer. These accounts are also called recipient, affiliate, or predecessor accounts. The trader enters the same channel name as the master account and adjusts the different copy settings and risk management.

Download simple copy forex expert advisor in Arabic

  • Arabic forex expert advisor for copying between MetaTrader 4 accounts only
  • The unique copying algorithm copies all trades exactly from the main account to your client account.
  • High running speed. Ease of error handling. A set of key features.
  • Selection of trades based on magic number, symbol and type of trades.
  • You can copy trades with a custom lot, lot parameter or according to the risk of the master account.
  • You can work without stop levels, while closing trades in the main account (virtual stops).
Explanation of copying between MetaTrader platforms + the best paid expert advisors for free

SimpleCopy MT4 Forex EA for copying
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Download Expert exp Copy Lot

  • The transcription expert from Wali МТ4↔️МТ4, МТ5↔️МТ5, МТ4↔️МТ5, МТ5↔️МТ4.
  • An option to reverse the trades of the unprofitable expert advisor.
  • You can organize multiple copy pairs: from multiple master accounts to one customer account.
  • You can organize several copy pairs: from one master account to multiple client accounts.
  • You can organize multiple copy pairs: from multiple master accounts to multiple customer accounts.
  • Selection of trades based on magic number, symbol and type of trades.
  • Choose only profitable trades, or only losing trades.
  • Reverse (reverse) copying of deals.
  • You can copy trades with a custom lot, lot parameter or according to the risk of the master account.
  • You can work without stop levels, while closing trades in the main account (virtual stops).
  • You can connect multiple master/client terminals to organize the transcription system.
  • You can select copies of new trades only.
  • Positions can be converted into pending orders.
  • It can work with both 4-digit and 5-digit quotes.
  • It can work with symbols that have suffixes.
  • Error-free handling of partial shutdown МТ4-МТ4.

 

Explanation of copying between MetaTrader platforms + the best paid expert advisors for free

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