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PZ Local Trade Copier EA MT5

Overview of PZ Local Trade Copier EA MT5

  • The PZ Local Trade Copier EA MT5 is designed for traders who need to execute trade signals across multiple accounts without the complexities of MAM or PAMM systems.
  • This copier can manage up to 8 master accounts and an unlimited number of slave accounts, providing flexibility and scalability.
  • It allows seamless copying of trades between MetaTrader 4 and MetaTrader 5 platforms, making it adaptable for various trading setups.

    • Key Features

  • High-speed copying of trades in less than 0.5 seconds 🕒.
  • 100% self-hosted with no external dependencies like DLLs or memory pipes.
  • Customizable lot sizes including fixed, proportional, and multiplier options.
  • Optional copying of stop loss (SL) and take profit (TP) levels, along with pending orders.
  • Supports filters by magic number and order comments, ensuring no interference with other trades.
  • Reverse mode capability allows slaves to trade opposite to the master’s signals.

    • Installation and Setup

  • Easy to install with a straightforward setup process that typically takes less than a minute.
  • Load the EA onto the chart of the source terminal and select 'MASTER' as behavior.
  • Similarly, load the EA onto the charts of the slave accounts and select 'SLAVE' to begin copying trades.
  • Multiple instances can be used to copy from various master accounts using different channels.

    • Benefits for Traders

  • Ideal for individuals managing multiple accounts or signal providers looking to distribute trades efficiently.
  • Reduces the chances of missing profitable trades due to manual errors.
  • Allows traders to manage different accounts with unique strategies while maintaining control over their systems.
  • Enables a robust risk management approach through customizable settings, leading to potentially better trade outcomes 💰.

    • Community Feedback

  • Users appreciate the speed and reliability of the copier, often noting significant improvements in trade execution efficiency.
  • Many have praised its intuitive interface, making it accessible even for novice traders.
  • Some feedback indicates desires for additional features such as advanced filtering options and more customization in trade strategy application.

    • Conclusion on Performance

  • The PZ Local Trade Copier EA MT5 stands out as a powerful tool in the trading arsenal, capable of enhancing profitability through efficient trade management.
  • With growing popularity and user satisfaction, it remains a top choice for both inexperienced and seasoned traders alike.

    • So you think trade copying is a walk in the park? Welcome to the PZ Local Trade Copier EA MT5—a miracle for some, a mystery for others. It's designed to whisk trades from multiple masters into your account without requiring a PhD in Forex! But let’s unpack whether it’s all ...

    Release Date: 17/02/2022

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