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Trade Copier Information 10 replies

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Good trade copier?

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  • Post #1
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  • First Post: May 23, 2011 5:12am May 23, 2011 5:12am
  •  jgadefelth
  • | Joined Jan 2008 | Status: Trillion Dollar Man | 1,494 Posts
where can i find a good reliable trade copier ?


best regards
  • Post #2
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  • May 23, 2011 6:28am May 23, 2011 6:28am
  •  fxvoilaaa
  • | Joined Jan 2010 | Status: Member | 732 Posts
Very hard to find one that is fast and free. You may have to shell out some metal.
 
 
  • Post #3
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  • May 23, 2011 7:17am May 23, 2011 7:17am
  •  muzza
  • | Joined May 2010 | Status: Member | 227 Posts
MT4i has one for download on their website, seems very detailed with a good user guide. I haven't used it yet but it looks good. Here is the version i downloaded.

Regards,

Murray.
Attached File(s)
File Type: zip _MT4iPersonalTradeCopier.zip   236 KB | 4,350 downloads
 
 
  • Post #4
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  • May 23, 2011 7:49am May 23, 2011 7:49am
  •  jgadefelth
  • | Joined Jan 2008 | Status: Trillion Dollar Man | 1,494 Posts
thanks for bouth answears i shall have a look at it. fxvoilaaa it is ok if i need to pay as long as it is good and reliable.


best regards
 
 
  • Post #5
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  • Sep 7, 2012 9:46pm Sep 7, 2012 9:46pm
  •  fx_new
  • | Joined May 2012 | Status: Junior Member | 5 Posts
Quoting muzza
Disliked
MT4i has one for download on their website, seems very detailed with a good user guide. I haven't used it yet but it looks good. Here is the version i downloaded.

Regards,

Murray.
Ignored
It works only for one computer!!! Is there a worlwide one?
 
 
  • Post #6
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  • Sep 7, 2012 10:35pm Sep 7, 2012 10:35pm
  •  erforex
  • | Commercial Member | Joined May 2011 | 152 Posts
Quoting fx_new
Disliked
It works only for one computer!!! Is there a worlwide one?
Ignored
PowerTradeCopier http://multiterminal.net
you need Provider Mode.
 
 
  • Post #7
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  • Jan 22, 2013 6:58am Jan 22, 2013 6:58am
  •  JayPipin
  • | Joined Dec 2012 | Status: Member | 159 Posts
thanks Murray, I can confirm the MT4i Trade Copier is one of the best. It is easier than others i have tried and works within mt4, unlike powertradecopier which has its own instance and costs 300-1200 USD depending on how many accounts you wish to run.
This is free and working well so far. Very fast execution!
 
 
  • Post #8
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  • Jan 22, 2013 7:36am Jan 22, 2013 7:36am
  •  Hawat
  • | Joined Dec 2012 | Status: Member | 14 Posts
Anyone managed to use the tradecopier from mt4i with other settings than fixed lots for lots size?
It seems that the fixed lot setting is the only one that works for me, when I set fixed lots to 0 to use other settings instead like useriskfactor or lotssizemultiplier it just doesn't copy trades.
 
 
  • Post #9
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  • Edited 7:57am Feb 8, 2013 7:54am | Edited 7:57am
  •  JayPipin
  • | Joined Dec 2012 | Status: Member | 159 Posts
mt4i trade copier is the best so far.
1- free
2- can use as many brokerage accounts up to 20/30 (too many and mt4 starts having loading issues, like charts missing etc)
3- works perfectly with adjusting sl/tp
4- can have various allocation methods, i used lot size multiplier
negative is that brokerage accounts have to be on the same machine, this is not a copier like Power trade copier which can be any any machine in any country.

To use mt4i not fixed lot to answer previous question: go to 'inputs' then change 'usefixedlotsize' to 0.0
then change 'lotsizemultiplier' to 1.0
also change slippage to 20.0 (anything near the standard and a few trades will be missed due to difference in spread between brokerages. 20.0 is good as the execution is really fast anyway.
Be sure 'allow live trading' is ticked in 'common' tab

finally be sure to save the setting. each time you launch mt4 you will need to load the setting for each broker. i know can take some time, but once its setup that is it for the day. takes 10sec per brokerage so not that bad. notice the smilly face on the top right, should be on seperate brokerage platforms, both happy campers then you know its working correctly.
Attached Image
 
 
  • Post #10
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  • Feb 8, 2013 8:02am Feb 8, 2013 8:02am
  •  JayPipin
  • | Joined Dec 2012 | Status: Member | 159 Posts
Quoting Hawat
Disliked
Anyone managed to use the tradecopier from mt4i with other settings than fixed lots for lots size?
It seems that the fixed lot setting is the only one that works for me, when I set fixed lots to 0 to use other settings instead like useriskfactor or lotssizemultiplier it just doesn't copy trades.
Ignored
The previous post will explain how to adjust the settings. everything has to be perfect, like make sure live trading is selected and that you load the saved setting for your each broker, and remember each broker will need a trade sender on a seperate chart. So if your sending to 4 brokers, open 4 charts on yous master account, drag and drop mt4i from expert advisors and have settings saved for each slave broker. There is more fine tuning but u think you get the picture.

Also what is essential is the trade capital of the slave account. If you use 1.0 as i do. Then the trade will be sent relative to account capital.
master 5,000 0.01 lot
slave 50,000 0.1 lot
slave 1,000 no trade
anything less than the master will not have a trade in this case

trial and error gets you there
 
 
  • Post #11
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  • Feb 8, 2013 10:10am Feb 8, 2013 10:10am
  •  Hawat
  • | Joined Dec 2012 | Status: Member | 14 Posts
Thank you very much, it now works.
 
 
  • Post #12
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  • Feb 11, 2013 12:36pm Feb 11, 2013 12:36pm
  •  JayPipin
  • | Joined Dec 2012 | Status: Member | 159 Posts
Power Trade Copier

I recently finished a trial with this product. The service team is very good 5/5. Cost is reasonable, if it suits your needs this product gets second place in my list. They will offer you about 20% discount. The more terminals you run the more it costs. Once off from usd 150 up to about usd 800.
Once off payment so its a good investment.

Very clean and simple to use, especially if your managing 10-100+ accounts with different brokers or same.
Attached Image (click to enlarge)
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Size: 86 KB
 
 
  • Post #13
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  • Mar 12, 2013 3:23pm Mar 12, 2013 3:23pm
  •  Im_hungry
  • | Commercial Member | Joined Mar 2013 | 4 Posts
What exactly MT copier you would like 45 ?
 
 
  • Post #14
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  • Apr 7, 2013 8:22pm Apr 7, 2013 8:22pm
  •  jokanok
  • | Joined May 2012 | Status: Member | 10 Posts
Hopefully my request is not misplaced in this thread.
I am looking for something similar as a trade copier but taking a very different approach.
If I would configure two MT4 platforms in exactly the same way (same symbol, TF, indicators, scripts and EA's), would it be possible to launch a script (for instance an order with some special features like slippage and execution time reporting) through a hotkey so that this script would be executed "simultaneously" on both platforms? The order would then be processed "simultaneously" because the script is launched on both platforms by the use of a hotkey. This is a very different approach from "simply" copying a trade frome one platform to another.
Has anyone heard of, seen or worked with such a tool for/on mt4?
It would be awesome if this might be possible.
I am certainly not the first to come up with this idea.
I hope that it already exists or, if not, that some genius coder would be challenged to code it.
 
 
  • Post #15
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  • Apr 14, 2013 4:02am Apr 14, 2013 4:02am
  •  Thalantas
  • | Joined Apr 2012 | Status: Junior Member | 1 Post
Hi guys!

I'm jumping in the discussion a bit later with a question.

Can someone tell me how to simply copy each trades (with MT4i trade copier) from a master to a slave keeping the exacte same lots.

I don't want to bother with my balance size, all I want is to copy the trade opened on a small account to an other account. And I want to keep the same lots sizings

Thanks for your help guys!

EDIT:
from the manual:
Quote
Disliked
Risk-based. The receiver adjusts the lot size based on the relative equity of the two accounts. For example, if the sender’s equity is $2000 and the receiver’s equity is $4000, and UseRiskFactor is set to 1.5, then the receiver will trade three times the lot size of the sender – i.e. 4000 / 2000 x 1.5 = 3.

if my sender is $500 and my receiver $5000, based on their manual, if I put a multipler of 10 :
5000/(500*10) = 1
Therefore my account will trade exactly the same lots in this case?
 
 
  • Post #16
  • Quote
  • May 23, 2013 4:50am May 23, 2013 4:50am
  •  JayPipin
  • | Joined Dec 2012 | Status: Member | 159 Posts
@Jokanok: i am not aware of a hotkey mothod, but contact this company: iticsoftware
[email protected]
See what they say about your request

@Thalantas: I would suggest playing around with the lot size multiplier, perhaps changing it to 0.0 or 0.1
See post #9
Get to that screen for editing and adjust.. sorry thats all the advice i have for now. not using product at this time, but will let us know your experience
 
 
  • Post #17
  • Quote
  • Aug 14, 2013 1:59pm Aug 14, 2013 1:59pm
  •  gennietrader
  • | Joined Aug 2013 | Status: Member | 13 Posts
I can recommend PowerTradeCopier. No analogues.
 
 
  • Post #18
  • Quote
  • Aug 16, 2013 11:32am Aug 16, 2013 11:32am
  •  Arexa
  • | Joined Aug 2013 | Status: Member | 12 Posts
The best solution - powertradecopier + stp add-on. Very low latency.
 
 
  • Post #19
  • Quote
  • Sep 25, 2013 11:57pm Sep 25, 2013 11:57pm
  •  forexmentor0
  • | Joined Sep 2013 | Status: Junior Member | 1 Post
Quoting Arexa
Disliked
The best solution - powertradecopier + stp add-on. Very low latency.
Ignored

one hundred percent agree, but this solution is only suitable if you have a master password for master terminal, in other cases ( If you are copying the strategy of other trader and know only investor password), you need to play with the slippage settings or filters. depends from your strategy.
 
 
  • Post #20
  • Quote
  • Sep 27, 2013 7:04am Sep 27, 2013 7:04am
  •  Dkam
  • | Joined Jul 2013 | Status: Member | 297 Posts
ATC Brokers does offer trade copier service.
 
 
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