Real Trade Copy MT4
Info
The Real Trade Copy MT4 is a Library for MetaTrader 4 that adviser-utility for copying transactions from one mt5 account or mt4 account to another mt4 account. You can copy positions between Netting and Hedging accounts in any combination.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Library works exclusively on MetaTrader 4 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL4/Libraries folder via File ? Open Data Folder in MetaTrader 4.
How to Install and Use Real Trade Copy MT4
1. Storage: Place library files in the MQL/Libraries directory to ensure they are accessible to your projects.
2. Implementation: Include the library in your code using the #import directive, ensuring you match the exact function names and parameters.
3. Compilation: Ensure the library is present in the directory before you compile your main EA or script, as the compiler links them during this phase.
4. Management: Keep libraries organized in sub-folders if you manage many custom functions to maintain a clean project structure.
Frequently Asked Questions
Q: What is a library file used for? A: Libraries store reusable code modules, allowing you to centralize common logic used by multiple EAs or indicators.
Q: Is a library executable? A: No, libraries are non-executable files containing functions; they must be imported into an EA, indicator, or script to function.
Q: Can I update a library while the platform is running? A: You should compile your EA or script after updating a library to ensure the latest code changes are integrated.
What this tool does
Adviser-Utility for copying transactions from one MT5 account or MT4 account to another MT4 account.
Typical Use Case
This Library excels in automated trading and technical analysis on MetaTrader 4.
Compatible Platform & Setup
This Library works on MetaTrader 4. Place the file in the MQL4/Libraries folder and restart the terminal.
Description & Settings
Related: Export to Excel in Real Time - another powerful library for MetaTrader 4 traders.
Adviser-Utility for copying transactions from one MT5 account or MT4 account to another MT4 account. You can copy positions between Netting and Hedging accounts in any combination. You can set filters by the name of the instrument and the magic numbers of the positions that will be copied. So far, the source sends information only about market positions. Pending orders are processed when they turn into open market positions. On one terminal, the Adviser is launched in Sender mode (sender), on the other - in Receiver mode (receiver). Terminals must work on the same server so that they have the same shared data folder through which they exchange data. Installation procedure In the terminal of the sender account, we launch the Adviser in sender mode, configure the general parameters.Also recommended: Keyboard Trade - similar library with strong performance on MetaTrader 4.
In the terminal of the receiver account, we launch the Adviser in the receiver mode, configure general parameters and parameters for the receiver.To copy MT4 -> MT5, use this product as the sender and another Real Trade Copy MT5 product as the receiver. To copy MT5 -> MT4, use this product as the receiver and another Real Trade Copy MT5 product as the sender. More detailed information in the .
You may also like: Trade Classes from MT5 for MT4 - excellent alternative for library users on MetaTrader 4.
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.