Native Commerce Copier EA MT4/5 Settings/Inputs Information – Half 2 – Different – 24 April 2023
✔️ Native Commerce Copier EA MT4©: https://www.mql5.com/en/market/product/68950
✔️ Native Commerce Copier EA MT5©: https://www.mql5.com/en/market/product/68951
Tip: You’ll be able to obtain and check out the Native Commerce Copier EA MT4 demo model in your demo account: here
Tip: You’ll be able to obtain and check out the Native Commerce Copier EA MT5 demo model in your demo account: here
Consideration !!!
- It’s essential to set up your Native Commerce Copier EA MT4/5 by means of your MQL5 account following the directions beneath for all MT4/5 terminals that you simply need to apply it to. Copy/paste of ex4/5 recordsdata is not going to work for MQL5.com Market purchases.
- Don’t login into one other buying and selling account in your MT4/5 terminal when the EA is working, it would have an effect on copying.
- Don’t use the investor password for logging into the receiver account, you will be unable to repeat.
- In case your transmitter or receiver accounts have any suffix after their image (for instance EURUSDm or EURUSD.professional), put that within the: Suffix of the Transmitter Account or Suffix of the Receiver Account, setting (for instance: m).
- It’s essential to set up your Native Commerce Copier EA MT4/5 by means of your MQL5 account following the directions beneath for all MT4/5 terminals that you simply need to apply it to. Copy/paste of ex4/5 recordsdata is not going to work for MQL5.com Market purchases.
- Don’t login into one other buying and selling account in your MT4/5 terminal when the EA is working, it would have an effect on copying.
- Don’t use the investor password for logging into the receiver account, you will be unable to repeat.
- In case your transmitter or receiver accounts have any suffix after their image (for instance EURUSDm or EURUSD.professional), put that within the: Suffix of the Transmitter Account or Suffix of the Receiver Account, setting (for instance: m).
Native Commerce Copier EA MT4/5 Troubleshooting Information: https://www.mql5.com/en/blogs/submit/746561
Native Commerce Copier EA MT4/5 Fast Setup Video:
Essential! The one 2 settings which might be stuffed within the transmitter account facet are these 2 highlighted within the screenshot beneath. All different settings are stuffed within the receiver account facet. There isn’t a that means in altering any of the opposite settings within the transmitter account, it would imply nothing!
Native Commerce Copier EA MT4/5 Settings/Inputs Information
Emergency Commerce Administration
- Use Emergency Account Safety: True/false of the choice to shut all receiver copied trades and disable copying on the receiver account, giving the consumer time to disable/cease any sign subscription or EAs on the transmitter account(s), saving the receiver account from any additional losses. ATTENTION! Once you use this setting with Self Copier Account Mode above, you need to put the identical worth that you’ll put beneath in Emergency Account Safety Fairness, within the Cease if fairness is lower than: … in Indicators settings tab, with a purpose to disable sign copying too on the similar account fairness stage. In the event you don’t put that very same fairness quantity within the Indicators settings tab, your sign subscription will hold opening trades, however the EA will shut them immediately with a purpose to shield your buying and selling account from any additional losses.
- Emergency Account Safety Fairness: The fairness quantity of the receiver account underneath which the EA will provoke the Emergency Account Safety described above.
- Account Take Revenue Fairness: The fairness quantity of the receiver account over which the EA will shut all open trades and disable copying. This have to be the next stage than present fairness.
- Max Drawdown % from Stability Excessive: On this setting you may put the utmost drawdown proportion which you could settle for on your account, that when it’s reached the EA will shut all receiver copied trades and disable copying. The utmost drawdown proportion is calculated from the very best steadiness stage of your account, for the reason that EA was hooked up on it. This Max Drawdown % from Stability Excessive setting will work even when the Use Account Safety setting above is fake.
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Most Each day Drawdown %: On this setting you may put the utmost every day drawdown proportion which you could settle for on your account, that when it’s reached the EA will shut all receiver copied trades and droop copying till the following day. The utmost every day drawdown proportion is calculated from the steadiness stage of your account at 23:59:59 the day past. If Copy Present Trades is enabled, the EA will copy all transmitter trades which might be nonetheless open and weren’t copied to the receiver account, when copying resumes. This setting will work even when the Use Account Safety setting above is fake.
- No Copying if Receiver Drawdown %>: This setting offers the choice to droop copying new trades on the receiver account if the present drawdown of the receiver account exceeds a sure stage. Copying will resume when the drawdown stage improves above the inserted worth on this setting. For instance if No Copying if Drawdown %>=20 the EA will droop copying new trades on the receiver account if its present drawdown is bigger than 20% and can resume copying new trades if the drawdown goes decrease than 20% once more. This No Copying if Receiver Drawdown %> setting will work even when the Use Account Safety setting above is fake.
- Copy Provided that Transmitter Drawdown %>: This setting permits the consumer to repeat the transmitter unique trades on the receiver facet, provided that the transmitter account has reached a sure drawdown. For instance if No Copy if Transmitter Drawdown %>=5 the receiver account will begin copying the transmitter trades solely when the transmitter account drawdown exceeds the 5% stage. If it does, all transmitter trades can be copied, if later the transmitter drawdown goes beneath 5% new opened transmitter trades is not going to be copied till the transmitter drawdown goes above 5% once more. This Copy Provided that Transmitter Drawdown %> setting will work even when the Use Account Safety setting above is fake.
Notification Settings
- Ship E mail Notification: True/false of the choice to obtain a notification to your e-mail deal with for each new commerce opened within the buying and selling account. This notification will embody the remark, date and time, image, value and any utilized TP and SL ranges. You’ll have to arrange the E mail tab of the MT4/5 >> Instruments >> Choices terminal window, for this selection to work correctly. See extra within the Local Trade Copier EA MT4/5 Installation Guide.
- Send Push Notification: True/false of the option to receive a push notification to your mobile phone or tablet for every new original or copied/multiplied trade, opened in the trading account. This push notification will include the comment, date and time, symbol, price and any applied TP and SL levels. You will have to set up the Notifications tab of the MT4/5 >> Tools >> Options terminal window, for this option to work properly. See more in the Local Trade Copier EA MT4/5 Installation Guide.
- Send Daily Notification: True/false of the option to receive a daily notification at the predefined time below with your account’s basic details like date and time, balance, equity and margin levels. This will keep you in touch with your signal subscription or any EAs that you are trading with, any opened copied/multiplied trades and their results.
- Send Daily Notification Time: The time of the day in 00:00 format (time formats like 0:00 00.00 0,00 or 0,00 will not work, time must be in four digit with colon in between format 00:00), in which you will receive your email and/or push notification with your account’s basic details as they are described above. Multiple times can be put in this setting, separated by commas, if you want to receive many daily notifications, for example: 00:00,12:00,20:00
- Send Emergency Notification: True/false of the option to receive an emergency email and/or push notification with your account’s basic details, like date and time, balance, equity and margin levels, when your equity drops below your pre-defined level set below.
- Emergency Notification Equity: The equity level in the account’s currency units (for example 1000 is $1000 if your account’s currency is in $), under which the EA will send you an email or push notification with your account’s details as they are described above. Multiple equity levels can be put in this setting, separated by commas, for example: 6000,8000
Mapping Settings
- Prefix of the Transmitter Account: If the transmitter account has a non dot prefix in front of all the commonly used instruments/pairs, you should put that here in order to copy trades to other brokers that don’t use that prefix, without any problem. For example if your broker has a mEURUSD symbol, you should put m in this field. This setting should be filled only in the Receiver account(s). If the transmitter account has a dot prefix in front of each symbol, it will be mapped and copied automatically, without any special setting. Automatic transmitter prefix mapping works only for prefixes with a dot before the main symbol, like r.EURUSD and not for prefixes like ecnEURUSD or +EURUSD.
- Suffix of the Transmitter Account: If the transmitter account has a non dot suffix at the end of all the commonly used instruments/pairs, you should put that here in order to copy trades to other brokers that don’t use that suffix, without any problem. For example if your broker has a EURUSDm symbol, you should put m in this field. This setting should be filled only in the Receiver account(s). If the transmitter account has a dot suffix at the end of each symbol, it will be mapped and copied automatically, without any special setting. Automatic transmitter suffix mapping works only for suffixes with a dot after the main symbol, like EURUSD.r and not for suffixes like EURUSDecn or EURUSD+.
- Prefix of the Receiver Account: If the receiver account has a prefix in front of all the commonly used instruments/pairs, you should put that here in order to copy trades from other brokers that don’t use that prefix, without any problem. For example if your broker has a mEURUSD symbol, you should put m in this field. This setting should be filled only in the Receiver account(s).
- Suffix of the Receiver Account: If the receiver account has a suffix at the end of all the commonly used instruments/pairs, you should put that here in order to copy trades from other brokers that don’t use that suffix, without any problem. For example if your broker has a EURUSD.r symbol, you should put .r in this field. This setting should be filled only in the Receiver account(s).
- Special Symbol 1-30: If your Transmitter account for example uses the US500 symbol for the US stock market S&P index and your Receiver account uses the SPX500 symbol for the same index, you should put US500,SPX500 in this field in order to copy from the Transmitter account to the Receiver without any problem. You can set up 30 special symbols in the same way that is described above. This setting should be filled only in the Receiver account(s).
* These settings/options are calculated as equity over balance, taking swaps and commissions
✔️ Local Trade Copier EA MT4©: https://www.mql5.com/en/market/product/68950
✔️ Local Trade Copier EA MT5©: https://www.mql5.com/en/market/product/68951
Tip: You can download and try the Local Trade Copier EA MT4 demo version in your demo account: here
Tip: You’ll be able to obtain and check out the Native Commerce Copier EA MT5 demo model in your demo account: here
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