Local Trade Copier with Risk Management

Local Trade Copier with Risk Management

Local Trade Copier Pro is a high-speed, institutional-grade synchronization tool designed for traders managing multiple MetaTrader 5 accounts on a single PC. Built specifically with Prop Firm Traders and Account Managers in mind, this EA goes beyond simple copying by enforcing a "Hard-Lock" risk management system.

Whether you are looking to mirror trades from a Main account to a Slave account or protect your Slave account from emotional manual trading, this tool provides a seamless, "set-and-forget" solution.

Key Features:

• Ultra-Low Latency: Millisecond-level synchronization using localized binary file sharing.

• Strict Risk Guard: Set a Max Loss (USD) or Max Profit (USD) per session. Once hit, the EA automatically closes all positions and locks the account to prevent further trading.

• Anti-Manual Protection: Automatically detects and closes any trades opened manually on the Slave account. Only Master-authorized trades are permitted.

• Smart Symbol Mapping: Built-in suffix handling (e.g., US30 to US30.pro) ensures compatibility across different brokers.

• No Conflict Sync: Advanced Ticket-to-Comment mapping ensures the Slave never "fights" with the Master or gets stuck in a modification loop.

• Visual Dashboard: Real-time link status, session P/L tracking, and trade count limits visible directly on your chart.

How to Use / Setup Instructions

To use this EA, you must have two MetaTrader 5 terminals open on the same computer.

Step 1: Setup the Master Terminal

1. Open your Master MT5 terminal.

2. Attach the EA to any single chart (one chart is enough to monitor the whole account).

3. In the Inputs tab, set Mode to MODE_MASTER .

4. If your broker uses suffixes (e.g., EURUSD.m), enter .m in the Master_Suffix field.

5. Ensure "Algo Trading" is enabled at the top of your terminal.

Step 2: Setup the Slave Terminal

1. Open your Slave MT5 terminal.

2. Attach the EA to any single chart.

3. In the Inputs tab, set Mode to MODE_SLAVE .

4. Configure your Risk Settings:

   • FixedLot: The lot size the slave will use.

   • MaxLossUSD: The maximum loss allowed before the account locks.

   • LockHours: How long the account remains locked after hitting a limit.

5. If the Slave broker uses a different suffix (e.g., EURUSD.pro), enter .pro in the Slave_Suffix field.
6. Go to the "Common" tab of the EA settings and ensure "Allow Algo Trading" is checked.
   

Step 3: Verify Connection

• On the Master chart, you should see: STATUS: BROADCASTING .

• On the Slave chart, you should see: MASTER LINK: STABLE .

Technical Requirements

• Platform: MetaTrader 5

• Hosting: Both terminals must run on the same PC or VPS.

• Permissions: Ensure "Allow Algo Trading" is active on both terminals.

Disclaimer

Trading involves risk.
This product is a trade copying and risk management tool, not a profit-guaranteeing system.
Proper testing on a demo account is recommended before live use.