Trade Copier For Metatrader 4 Expert Advisor M MT5 EA Download and Parameter Description

Trade Copier For Metatrader 4 Expert Advisor Review and Download Instructions

This article organizes EA related to CMillion Expert Advisor. The content has been removed from the Russian language and external website promotion information, and has been reorganized according to the common concerns of foreign exchange EA users, making it easier to judge whether it is suitable for real trading or testing environments.

strategic positioning

This type of EA is usually used in automated trading scenarios of MT4 or MT5. Before formal use, you should first confirm the trading variety, cycle, spread, slippage, leverage and broker execution conditions to avoid directly treating a single historical performance as a future profit expectation.

Testing recommendations

It is recommended to test separately in a demo account and a small capital account first, focusing on observing the maximum drawdown, continuous losses, holding time, news market performance, and the sensitivity of parameters to different market stages.

Key points of English page

It is a simple and a reliable trade copier. The Expert Advisor was developed to copy trades from one account (“Master” account) to another one (“Slave” account) in different trading terminals.

The Expert Advisor is very easy-to-use, doesn't require specifying paths to files, etc. You need only to enter the number of account, from which you wish to copy trades, and launch the very same Expert Advisor on the given account.

As you already know, the same Expert Advisor must be launched on both accounts. Note that you need to enter the number of account, which you're going to copy trades from, in the “ Account ” parameter of the Expert Advisor, where trades will be copied to.

You can leave a lot size of the “Master” account unchanged ( K_Lot=1 ) or multiply it by a “ K_Lot ” coefficient for your “Slave” account. For example, you want to decrease the lot size of the “Master” account by 10 times. To do it, you need to set the value of “ K_Lot ” to “0,1”.

The Expert Advisor allows inverting all the trades made on the “Master” account. You can do this by a “ revers ” parameter: if a buy trade is opened on the “Master” account, then the opposite trade, ie a sell trade, will be opened on the “Slave” account. The “ revers ” and “ K_Lot ” parameters are valid only for the Expert Advisor that is launched on the “Master” account.

The Expert Advisor has a “ TimeOpen ” parameter. It sets the time interval, during which an order may be opened. For example, if TimeOpen=10 , and an order was opened at 09:00:00 on the “Master” account, then the order may be opened no later than at 09:00:10 on the “Slave” account. It will ensure that orders are not opened later, when the trend is over.

You need to pay your attention to the time displayed in a trading terminal. If the clock in the “Master” trading terminal runs behind the clock in the “Slave” trading terminal, then you need to add the difference in the time to the value of the “ TimeOpen ” parameter. For example, the time shown in the “Master” trading terminal is 12:00, and the time shown in the “Slave” trading terminal is 13:00 (the difference in time is one hour). It follows that we need to add 3 600 seconds to the time interval specified in the “ TimeOpen ” parameter.

I added an indication to control such orders. To turn the time control off, just enter “ 0 ” in the “ TimeOpen ” parameter.

If you wish to copy trades from several accounts, open the required number of charts and launch the necessary amount of copies of the Expert Advisor in the “Slave” trading terminal.

It is a demo version of the Expert Advisor. You should enter a key to start trading on a real account.

To learn more about how you can get the key, read the following article: How can I get a key for a Demo Expert Advisor?

Risk warning

EA cannot eliminate market risk. Grid, martin, scalping, arbitrage, and high-frequency strategies are particularly dependent on the trading environment. Stop-loss logic, order quantity limits, and capital occupation under abnormal market conditions should be separately evaluated before placing a firm offer.

Trade Copier For Metatrader 4 Expert Advisor M MT5 EA Download and Parameter Description Important Points Before Use

This page has been reorganized according to the reading path of search users, focusing on the applicable scenarios of foreign exchange EA, MT4/MT5 platform compatibility, parameter testing methods and real-time risk warnings, so as to quickly judge whether it is worth continuing to test before downloading or deploying.

Suitable for who to use

• Traders who need to quickly screen foreign exchange EA and are willing to do simulation verification first.
• People who are already familiar with the MT4/MT5 installation process and want to compare different EAs, indicators or source code projects.
• People who want to record the backtest, parameters and risk control before deciding whether to enter the real market.

Testing and risk control suggestions

• First use the default parameters for basic backtesting, and then adjust them one by one according to the variety, cycle and spread.
• Grid, Martin, and scalping strategies should focus on observing maximum drawdown, continuous losses, and trading frequency.
• It is recommended to observe the simulated trading performance for at least 2-4 weeks before the actual trading, and limit the account risk proportion of a single strategy.

FAQ

Can this file be sold directly?
It is not recommended to make a direct offer. Any EA or indicator requires first checking the source, parameters, platform version and historical performance.

Can MT4 and MT5 be used interchangeably?
Usually it cannot be used directly. MQ4/EX4 corresponds to MT4, MQ5/EX5 corresponds to MT5, and the source code project also needs to be compiled in the corresponding MetaEditor.

What else can I continue to watch?
Forex EA download , foreign exchange indicator download , EA evaluation , GitHub open source EA , MQL5 CodeBase .

English Search Notes

This page is also optimized for English search intent around Trade Copier For Metatrader 4 Expert Advisor M MT5 EA download and parameter description . Related search terms include: Forex EA download, Expert Advisor, MT4 EA, MT5 EA. Test any Forex EA, Expert Advisor, MT4/MT5 indicator or MQL source code with historical data and a demo account before live trading.