Simple Local Copier

Forex trading often involves managing multiple accounts, which can be a daunting task. Fortunately, the Simple Local Copier (SLC) is a tool designed to simplify this process. This trading software offers a seamless way to transfer trades from one account to another, provided they are on the same server.

Utilizing MT4 Applications

SLC works by linking two MT4 applications. This is achieved by incorporating the Expert Advisor (EA) into the chart of each application. This forex tool then synchronizes the two accounts, designating one as the “Master” and the other as the “Slave”.

Master and Slave Configuration

With SLC, the Master account is the primary source of all trades. It is from this account that all trading operations are carried out and then copied to the Slave account. This setup is ideal for forex strategies involving multiple accounts, as it simplifies the trading process by automating the copying of trades.

Customizing Trade Size with Lot Multiplier

A noteworthy feature of SLC is the lot multiplier. This parameter allows users to customize the trade size for the Slave account. For instance, if a trade is initiated with a position size of 1 lot in the Master account, and the lot multiplier is set to 0.5, the trade will be replicated in the Slave account with a position size of 0.5 lot. This ability to adjust the lot size offers flexibility in managing risk and optimizing forex strategies.

Independent Testing and Updates

For those interested in seeing SLC in action, independent testing of the product is available on the forexroboteasy.com website. Subscribing to updates on this site will also keep you informed about the latest testing results of this trading software.

Invitation for User Experience Sharing

We welcome users of SLC to share their experiences using this forex tool. Such shared insights can offer valuable perspectives to both novice and experienced forex traders alike.

FAQs

Q: Can I use this tool with multiple accounts?
A: Yes, as long as the accounts are on the same server, you can use SLC to transfer trades from the Master account to multiple Slave accounts.

Q: Can I adjust the trade size?
A: Yes, with the lot multiplier feature, you can adjust the position size for trades copied to the Slave account.

Q: Where can I see this tool in action?
A: Independent testing of this tool is available on the forexroboteasy.com website. You can also subscribe to updates on the latest testing results.

In summary, Simple Local Copier is a reliable tool designed to streamline forex trading. Its ability to automate the transfer of trades from one account to another, coupled with the flexibility to adjust trade size, makes it a valuable addition to any currency trading toolbox.