At this time, purchasing EASY Bot items is not available to all members. Read more - how to get access to purchase

Simple Local Copier

Overview of Simple Local Copier

  • The Simple Local Copier is a convenient tool used to copy trades between MetaTrader accounts on the same machine or VPS.
  • It allows copying from up to 8 master accounts to an unlimited number of slave accounts, enhancing trading efficiency 🚀.
  • Offers seamless integration with MT4 and MT5 platforms without network latency, making it a go-to solution for traders.

Key Features

  • High Speed: Trades are copied in under 0.5 seconds, ensuring minimal delays in execution.
  • Flexible Trade Sizing: Allows for different lot size calculations like fixed, multiplier, and proportional based on balance or equity.
  • Supports Trade Types: Can copy pending orders, take profits, and stop losses, ensuring that all critical aspects of trades are mirrored.
  • Filtered Copying: Traders can filter which trades to copy based on magic number or comments, preventing unwanted trades from being copied.
  • Reverse Mode: This feature allows for reversed trading strategies, where slave accounts can mirror opposite trades of the master account 🎭.

Installation and Setup

  • Installation is simple, requiring just a few setups. Load the EA on the source terminal as 'MASTER' and on the receiving terminal as 'SLAVE'.
  • Compatibility across various broker types and account currencies makes it universally applicable, regardless of the trading environment.
  • The tool is designed for local execution, which means no additional DLLs or server configurations are needed, cutting down setup time to mere minutes.

Potential Drawbacks

  • Being a local copier means it requires running both master and slave accounts on the same device or VPS, which may limit flexibility for some traders.
  • If the connection is lost or the terminals restart, the copier maintains its settings but needs to be appropriately monitored to avoid missed trades 📉.

User Experience Insights

  • Many users appreciate the rapid execution and ease of use, often labeling it the fastest trade copier on the market.
  • Others have noted it integrates smoothly with their existing automated trading strategies without conflict.
  • Some users have cited occasional issues with delays if the setup isn’t optimized properly; hence troubleshooting can be crucial in such cases.
Simple Local Copier

Easy Rating: 5/1

MQL Rating: 5/1

Ah, the world of Forex trading! A realm so enticing that even your coffee cup wishes it could join. Enter the Simple Local Copier, the highwayman of the trading world, promising to whisk your trades from one account to another faster than you can say 'forex market volatility'. Bu ...

Release Date: 28/08/2023