Exp COPYLOT CLIENT for MT5

Overview of Exp COPYLOT CLIENT for MT5

• The Exp COPYLOT CLIENT for MT5 is an advanced trade copier designed to replicate trades across multiple accounts seamlessly.
• It facilitates copying of trades, positions, and orders from a master account to client accounts within MetaTrader 5.
• Highly recognized for its unmatched efficiency and reliability, it is one of the premier trade copiers available for both MT4 and MT5 systems.

Key Features

• Works by installing the Expert Advisor on the terminal designated for trade copying.
• Utilizes a unique copying algorithm that ensures all trades from the master account are accurately mirrored in the client account, ensuring precision and control. 🎯
• Supports synchronization of trades among various accounts, allowing easy management of multiple positions.
• Can copy from demo accounts to real accounts and is compatible with various brokers.
• Provides options for customizable lot sizes, stop losses, and take profits during trade copying.
• Enables copying of trades based on specific criteria, such as only profitable trades or new trades【4:4†source】.

Installation Process

• Install COPYLOT CLIENT (Slave) on the terminal where trades are to be copied.
• Set a text label for pathRead that matches the master terminal’s pathWrite to establish a connection.
• Ensure the EA is activated on 1 chart, as it is designed to copy all positions from the current account by default.
• Link the master terminal by installing COPYLOT MASTER for MT5 on it【4:4†source】.

Operational Dynamics

• The EA functions exclusively within one computer and does not copy trades over the internet.
• Partial closing of trades is only supported between MT4 terminals, emphasizing its tailored functionality【4:5†source】.
• Requires configurations such as LotRiskFromMaster and PreFixSymbol for effective operation.

Limitations and Considerations

• Does not operate on MetaQuotes VPS, limiting deployment options for some users【4:5†source】.
• Because it operates locally, any issues with network or system settings can affect performance.
• Some advanced features like partial closing are restricted, which may affect specific trading strategies【4:4†source】.

User Experience and Feedback

• Users commend the high operational speed of the copier, allowing timely executions that align closely with market movements. 🚀
• The user-friendly setup process makes it accessible for traders of all levels, though careful attention to configuration is essential for optimal results.
• Feedback suggests a robust reliability in mirroring strategies, which is favorable for both novice and professional traders alike【4:4†source】.