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

Local Trade Copier EA MT4/5©  | Trade Copier for MT4 and MT5, Forex Copy Trading, Fast & Reliable MetaTrader Copy Trade Software, Best Forex Trade Copier Service, The Best MT4 MT5 Trade Copying Software, Trade Transaction Duplicator Multiplier Repeater | 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 Copy Trading, Fast & Reliable MetaTrader Copy Trade Software, Best Forex Trade Copier Service, The Best MT4 MT5 Trade Copying Software, Trade Transaction Duplicator Multiplier Repeater | Local Trade Copier EA MT4/5©
Local Trade Copier EA MT4/5©  | Trade Copier for MT4 and MT5, Forex Copy Trading, Fast & Reliable MetaTrader Copy Trade Software, Best Forex Trade Copier Service, The Best MT4 MT5 Trade Copying Software, Trade Transaction Duplicator Multiplier Repeater | Local Trade Copier EA MT4/5©
Local Trade Copier EA MT4/5©  | Trade Copier for MT4 and MT5, Forex Copy Trading, Fast & Reliable MetaTrader Copy Trade Software, Best Forex Trade Copier Service, The Best MT4 MT5 Trade Copying Software, Trade Transaction Duplicator Multiplier Repeater | 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 Copy Trading, Fast & Reliable MetaTrader Copy Trade Software, Best Forex Trade Copier Service, The Best MT4 MT5 Trade Copying Software, Trade Transaction Duplicator Multiplier Repeater | Local Trade Copier EA MT4/5©
Local Trade Copier EA MT4/5©  | Trade Copier for MT4 and MT5, Forex Copy Trading, Fast & Reliable MetaTrader Copy Trade Software, Best Forex Trade Copier Service, The Best MT4 MT5 Trade Copying Software, Trade Transaction Duplicator Multiplier Repeater | Local Trade Copier EA MT4/5©
Local Trade Copier EA MT4/5©  | Trade Copier for MT4 and MT5, Forex Copy Trading, Fast & Reliable MetaTrader Copy Trade Software, Best Forex Trade Copier Service, The Best MT4 MT5 Trade Copying Software, Trade Transaction Duplicator Multiplier Repeater | 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 the Local Trade Copier EA MT4/5© will not copy any transmitter trades.

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

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

If Proportional 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. For example if the transmitter account’s balance is $2000 and the receiver account’s balance is $4000, a 0.10 lot transmitter trade will be copied as a 0.20 lot trade onto the receiver account.

If Proportional Multiplier 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 that can be adjusted below. This Proportional Multiplier is 1 by default, so if for example the default Proportional Multiplier algorithm 1 gives a 0.20 lot size trade to be opened on the receiver account side, if the Proportional Multiplier 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 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 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.

Finally if Lot Size per 1000 of Balance is selected, the 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.

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 Copy Trading, Fast & Reliable MetaTrader Copy Trade Software, Best Forex Trade Copier Service, The Best MT4 MT5 Trade Copying Software, Trade Transaction Duplicator Multiplier Repeater | 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 Copy Trading, Fast & Reliable MetaTrader Copy Trade Software, Best Forex Trade Copier Service, The Best MT4 MT5 Trade Copying Software, Trade Transaction Duplicator Multiplier Repeater | Local Trade Copier EA MT4/5©
Local Trade Copier EA MT4/5©  | Trade Copier for MT4 and MT5, Forex Copy Trading, Fast & Reliable MetaTrader Copy Trade Software, Best Forex Trade Copier Service, The Best MT4 MT5 Trade Copying Software, Trade Transaction Duplicator Multiplier Repeater | Local Trade Copier EA MT4/5©
Local Trade Copier EA MT4/5©  | Trade Copier for MT4 and MT5, Forex Copy Trading, Fast & Reliable MetaTrader Copy Trade Software, Best Forex Trade Copier Service, The Best MT4 MT5 Trade Copying Software, Trade Transaction Duplicator Multiplier Repeater | 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 Copy Trading, Fast & Reliable MetaTrader Copy Trade Software, Best Forex Trade Copier Service, The Best MT4 MT5 Trade Copying Software, Trade Transaction Duplicator Multiplier Repeater | Local Trade Copier EA MT4/5©
Local Trade Copier EA MT4/5©  | Trade Copier for MT4 and MT5, Forex Copy Trading, Fast & Reliable MetaTrader Copy Trade Software, Best Forex Trade Copier Service, The Best MT4 MT5 Trade Copying Software, Trade Transaction Duplicator Multiplier Repeater | Local Trade Copier EA MT4/5©

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