MT4 Local Trade Copier Pro

The MT4 Local Trade Copier Pro is a unique expert advisor (EA) designed to facilitate the seamless copying of Forex trades from a source MT4 account to multiple destination MT4 accounts on the same personal computer. This tool is particularly useful for Forex traders who want to conveniently replicate their trades across several client accounts or even accounts with varying trade parameters.

Customizability and Flexibility

One standout feature of the MT4 Trade Copier is its high degree of customizability. The software allows users to adjust lot size in the destination account, giving traders the flexibility to control the risk level of each copied trade. Additionally, the tool provides the option to set custom stop loss and take profit levels in the destination account, allowing for more precise risk management.

Advanced Trade Replication

On top of these, the MT4 Pro Review reveals that the software is capable of accurately copying stop loss and take profit instructions from the source account to the destination accounts. This ensures that trade exit strategies are consistently applied across all accounts. Additionally, the software also copies trade closures, enabling synchronized trade management across multiple accounts.

Reverse Trade Functionality and Martingale Strategy

The MT4 Trade Copier further offers the unique ability to copy trades in reverse. This means that a buy trade in the source account would be copied as a sell trade in the destination account, and vice versa. This function might be useful for traders employing a contrarian trading strategy. Moreover, the software supports the use of the Martingale strategy, allowing for the doubling of trade size with each losing trade in the destination account.

Additional Features

This Forex tool also provides the capability to copy symbols with suffixes, which is useful when trading with brokers who use symbol suffixes in their trading platforms. Furthermore, the software enables users to input trade comments, providing an avenue for note-taking and trade documentation.

Independent Testing and User Feedback

Forex traders who are interested in the MT4 Local Trade Copier Pro are encouraged to view independent testing of the product on the forexroboteasy.com website. By subscribing to updates on the site, users can stay informed about the latest testing results for this Forex software. Users are also invited to share their experiences with the product, contributing to a more comprehensive and unbiased Trade Copier Review.

Frequently Asked Questions

1. What is the purpose of the MT4 Local Trade Copier Pro?

The tool is designed to facilitate the seamless copying of Forex trades from a source MT4 account to multiple destination MT4 accounts on the same PC.

2. Can you customize the lot size and stop loss/take profit levels with this tool?

Yes, the software allows users to adjust lot size and set custom stop loss and take profit levels in the destination accounts.

3. Does the MT4 Local Trade Copier Pro support the Martingale strategy?

Yes, the software supports the use of the Martingale strategy, enabling the doubling of trade size with each losing trade in the destination account.

4. Where can I find independent testing results for this product?

Independent testing results can be found on the forexroboteasy.com website.

This independent product review provides a comprehensive overview of the MT4 Local Trade Copier Pro’s functionality. However, as with any Forex tool, potential users should conduct their own research and consider their personal trading objectives before using the software.