It’s important to mention that the same procedure can be used for installing the trade copier on your remote computers, such as 4hr forex trading strategies VPS or dedicated fx ea mql4 servers.
Here’s a breakdown of the procedure you can follow to effortlessly copy forex trades to multiple MT4 accounts.
Install multiple MT4 platforms Configure and login into the MT4 accounts Install the Local Trade Copier software Link LTC Server EA to MT4 Master account Link LTC fx ea Client mql4 EA to MT4 Client accounts Duplicate your first trade. The initial step is to install multiple MT4 trading platforms on your computer or VPS server. You can use the same process as a normal MT4 installation. Importantly, remember to choose different installation destinations for every MT4 terminal. If you click the “Settings” button, you’ll be directed to a page where you can set your preferred fx ea mql4 wall street forex chennai destination folder settings.
Fx ea mql4 Use.On the page, you can choose the installation folder and give the platform an appropriate name. It is essential you give each platform ea mql4 fx a unique and easily identifiable name. Once you’ve installed all the MT4 platforms on different folders, you need to configure them to allow instantaneous multiple trading. Before starting the configuration process, you should choose the MT4 platform to act as your main account; that is, your fx ea mql4 Master account. You can have as many Master accounts as your computing power can fx mql4 allow ea. A master account is also referred to as a server account, sender account, or provider account. You will be executing trades on your Master account, which will be automatically replicated to the fx ea mql4 other Client MT4 accounts (which are also called follower, slave or receiver accounts). You can use various strategies for fx ea mql4 opening trades on the Master account, including manual trading, Forex Robots (a. EA’s), fx ea mql4 personalized indicators, and signal providers. To successfully fx ea mql4 copy trades from top 10 forex strategies pdf the Master account to fx ea mql4 the other accounts, you should ensure that all the MT4 platforms are running.
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When logging into the Master account, you can use either fx ea mql4 the Main or Investor (read-only) password. However, when logging into the Follower accounts, you should only use the Main password.
Thereafter, you need to carry out fx ea mql4 basic configuration to enhance the capabilities of fx ea mql4 the MT4 platform to trade multiple accounts at once—a feature inherently missing on the platform. For each of the MT4 platforms, navigate to the Tools option located on the top menu, and click “Options”. Next, move to the Expert fx ea mql4 Advisors section and activate “Allow Automated trading” as well as “Allow DLL imports”. The LTC Server EA (for installing on the Master account) The LTC Client EA (for installing on the Client accounts) Local Trade Copier software auto-installers. Once installed, the software will ensure you easily copy forex trades to several MT4 accounts without modifying the parameters, such as stop loss and take profit levels. When a trade is initiated, altered, or closed on the Master account, the same fx ea mql4 action will be mirrored on the Client accounts immediately. It does not matter who opened the trade, it will be algo trading software price in india ea fx mql4 copied to all client accounts connected.
a) Install the LTC trade copier software fx ea on mql4 Master accounts.
Fx ea mql4 New.
To install the LTC software on a Master account, you’ll need to run the LTC Server EA auto-installer. You can also copy and paste its files manually on every MT4 data folder. The software will scan your computer to locate all available MT4 platforms. When scanning is completed, you’ll be prompted renko street mq4 to click “Next” to proceed with the installation process. Next, the auto-installer ea mql4 fx will provide a list of all the MT4 platforms available on your computer; requiring you to select your preferred installation location for the LTC Server EA. If you intend to set up multiple Master accounts, you can select multiple destinations. On the other hand, if you want to deal with only one Master account, choose only one MT4 from the list. Consequently, the LTC Server EA files will be installed on your computer.