Kopier Maschine MT5
This tool for MetaTrader 5 is specifically engineered to streamline your trading operations. This Expert Advisor serves as automated trading software. It is utilized to monitor financial markets and execute trades based on predefined algorithmic rules, enabling precise position management without the need for constant manual oversight.
How to Setup and Use Kopier Maschine MT5
1. Installation: Open the "File" menu, select "Open Data Folder," navigate to MQL/Experts, paste your file, and restart the terminal.
2. Activation: Drag the EA from the Navigator onto a chart, ensure "Allow live trading" is checked in the Common tab, and verify the AutoTrading button is green.
3. Optimization: Right-click your chart, choose "Expert List," click "Properties" to adjust inputs, and save your preferred setup as a set file for future use.
4. Maintenance: Regularly check the "Experts" tab in the terminal window to monitor trade logs and potential execution errors.
Frequently Asked Questions
Q: Why is my EA not opening trades? A: Check the "AutoTrading" button, ensure "Allow live trading" is enabled, and verify your broker allows automated trading on your account type.
Q: Can I run multiple EAs on one chart? A: No, each chart can only host one active EA; however, you can open multiple charts for different currency pairs to run several EAs.
Q: What does the "smiley face" icon mean? A: A smiley face in the top-right corner of the chart indicates the EA is successfully running; a frowny face means it is disabled.
Description & Settings
The programme works in two modes Master and Slave
You can copy trades from different vendors to one slave account.
Stop Loss and Take Profit copying can be enabled/disabled.
Copying of pending orders can beenabled/disabled
Conflict-free operation in the presence of other Expert Advisors
Support for accounts with suffixes and prefixes
You can change the trading direction
Trades can be copied with volume proportional to the balance, fixed volume and with the supplier's volume.
You can set a condition: open a trade when the price on a subordinate account deviates from the supplier's price by a specified value. Working principle
The terminal with the supplier's account and the terminal with the slave account must be opened simultaneously.
On the terminal with the supplier account the Expert Advisor is set in the WorkMode=Master mode, then the ON button on the panel is pressed.
On the terminal with a subordinate account the Expert Advisor is set in the WorkMode=Slave mode, then the Provider's account is selected on the panel, the necessary options for copying trades are selected and the ON button is pressed.
After performing the above actions, trades from the Provider account will be copied to the subordinate account
