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CAP Internal Copy Trade EA

4

The MeetAlgo internal copy trade EA is capable of copying your trade in the same account the same terminal.

It is very useful if you have hired the website mql5.com signal to earn investment profits, the lot size on the MT4 software received from the primary signal will be limited to reduce the risk. It is because the lot size is very significant; the investment profits will, in turn, be tiny.

The tool is used to increase the size of the order. This tool is set to duplicate the order from the initial order automatically. The already copied order will have the lot multiplier by the parameters declared by you. The process of closing and opening is set to proceed automatically. It happens based on the original order. It is also set to automatically duplicate the amount of take profit and the amount of stop loss.


‌Example

When you need to triple your size

  1. 0.01 lot get from the original order (got from the initial signal provider)
  2. (Duplicated orders generated by the tool): 0.02 lot copied order.
  3. One needs to create some parameters lot multiplier. 2
  4. Total: 0.01 add to 0.01*2 (lot multiplier) equals to 0.03 lot
  5. Your lot size appreciates from 0.01 to 0.03 lot


Key Advantages

  • You only attach this EA only one terminal into one chart. The tool will work automatically on all currency codes.
  • You can set your copy's trade new TP/SL or you can fellow original trade's TP/SL.
  • You can test this EA on backtest. In backtest EA open ramdom trade and also EA copy that trade. So you can test this EA before buy it.

---> This is not a copier for trades from one terminal to another.

---> The utility is sufficient to install on one currency pair. By default, it will monitor all open symbols.

---> See in our blog for a detailed description of EA features

MT4 Version here | MT5 version here


Input Parameters

EA CONFIGURATIONS

  • Stop EA: If true, EA will stop copy any trade.
  • MagicNumber: Magic number for EA.

FILTER COPY TRADE

  • Order Type To Copy: Select order type to copy.
  • MagicNumber To Copy: Magic number of the order to copy, multiple magic numbers can be specified separated by commas (example: 12222,1234687....). An empty value means that all orders will be copied.
  • Symbol To Copy: Symbol of the order to copy, multiple symbols can be specified separated by commas (example: EURUSD,USDJPY....). An empty value means that all orders will be copied.
  • Trade's Comment To Copy: Put trade comment of the order to copy, multiple comments can be specified separated by commas (example: cap zone recovery ea, Universal...). An empty value means that all orders will be copied.
  • Minimum Lot To Copy: Set minimum lot to copy.
  • Maximum Lot To Copy: Set maximum lot to copy.
  • CopyOnlyLossPosPoint: Duplicate only those transactions, the loss of which is lower than CopyOnlyLossPosPoint in points.
  • CopyOnlyProfPosPoint: Duplicate only those transactions, which is higher than the profit CopyOnlyProfPosPoint points.
  • Ignore All Exit Signal: If true, the utility will not close its copy trades, if the original trade is closed.
  • Allow Slippage In Points: Maximum price slippage allowed to open trades.
  • Ignore Copy Existing Order: If true, when you attach the utility on a chart already having some existing trades, the utility will ignore them.
  • Reverse Duplicate: If true, reverse trades (Example: if the original trade is buy, a copied trade will be sell).

LOTS SETTING

  • Lots Type: Lots type for copy trade.
    • LotMultiplier: Lot multiplier. Lot size = Lot Multiplier x provider's lot size.
    • Add Lots: Lot size = Add Lots + provider's lot size.
    • Fix Lots: Fixed lots.
  • Lot Multiplier: Value of lots multiplier.
    • Add Lots: Value of added lots.
    • Fix Lots: Value of fixed lots.
    • Minimum Lots Size: Minimum lots size.
    • Maximum Lots Size: Maximum lots size.

    TP/SL MANAGEMENT

    • TP_SL Type: Takeprofit and stoploss type.
    • Fellow Original TP/SL: Copy same original trade's TP/SL value.
    • Set New TP/SL: Set new TP/SL.
    • TakeProfit: New take profit value in points.
    • StopLoss: New stop profit value in points.

    BREAK EVENT SETTINGS

    TRAILING SETTINGS

    NOTIFICATION

    • Enable Email Alerts: If true, send email if any new trade will open/closed.
    • Enable Push Alerts: If true, send push mobile message if any new trade will open/closed.


    Official Channel

    To get product news, setting files, and free indicators, please subscribe to our Official Channel.


    Author

    Mohammad Ali, technical analyst and speculator, software engineer and founder of MEETALGO LLC

    Reviews 9
    Tareq Nabulsi
    562
    Tareq Nabulsi 2023.05.04 18:40 
     

    I found that this EA has met my requirements with no disappointments so far.

    Riche31
    220
    Riche31 2020.09.04 22:03 
     

    Le meilleur, vous êtes un génie

    Shailesh Singh
    1936
    Shailesh Singh 2019.02.22 06:21 
     

    very very useful things...with all the required features... This could rove too good....Just handle it carefully... and you have to know what you are doing with it...

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    Filter:
    Tareq Nabulsi
    562
    Tareq Nabulsi 2023.05.04 18:40 
     

    I found that this EA has met my requirements with no disappointments so far.

    bunluet
    21
    bunluet 2021.06.21 14:14 
     

    its not work ,not duplicate anything

    Riche31
    220
    Riche31 2020.09.04 22:03 
     

    Le meilleur, vous êtes un génie

    kvinvest
    64
    kvinvest 2020.06.14 22:22 
     

    EA not working and SEller not responding...No customer service....looks like waste of money ....

    Andrea Connelly
    128
    Andrea Connelly 2019.05.17 06:56 
     

    User didn't leave any comment to the rating

    Shailesh Singh
    1936
    Shailesh Singh 2019.02.22 06:21 
     

    very very useful things...with all the required features... This could rove too good....Just handle it carefully... and you have to know what you are doing with it...

    Kad Mech
    1362
    Kad Mech 2019.02.08 12:32 
     

    dangerous, lost a lot of money, simple copier! without taking into consideration the modifications of stop and tp; partial tp after the trades! to avoid, if you want to duplicate a signal with changes of sl, tp during trades

    mmk2
    1330
    mmk2 2019.01.02 14:49 
     

    Excellent , Good job Mohammad

    ZERO9898.Tom KC Wang
    1955
    ZERO9898.Tom KC Wang 2018.12.22 10:25 
     

    A very good and versatile EA!

    Adam Willians
    340
    Adam Willians 2018.10.14 19:53 
     

    User didn't leave any comment to the rating

    Morard Kevin
    1506
    Morard Kevin 2018.06.04 17:46 
     

    User didn't leave any comment to the rating

    Reply to review
    Version 6.3 2024.04.04
    UPDATED: Minor Update, Internal coding change, Build with new compiler.
    Version 6.2 2023.09.15
    Minor Update, No function update/added
    Code build with the new version
    Copy the right info update
    Version 6.1 2022.08.30
    FIXED BUGS: EA not close copy trade when original was close
    Version 6.0 2022.06.06
    FIXED BUGS: Minimum Lot To Copy and Maximum Lot To Copy not working
    UPDATED – We change our branding 'CAP' to 'MeetAlgo'
    Version 5.10 2020.12.11
    FIXED BUGS: When input change after attached EA on chart, setting not change it restore previous setting. We fixed this problem in this version
    Version 5.0 2020.01.21
    -->Minor internal coding update
    Version 4.20 2019.11.29
    -->Issue fixed to copy delay. Previously it copy trade with tick data new version copy trade with timer 1 sec.
    Version 4.10 2019.11.27
    --> Bugs Fixed
    --->Fixed issue TP or SL not fellow when original trade's tp or sl modify.

    -->Improve coding.
    Version 4.0 2019.02.25
    -->Minor improvements internal coding.
    -->Nothing change product logic.
    Version 3.0 2017.11.28
    --Bugs Fix - CopyOnlyLossPosPoint and CopyOnlyProfPosPoint doesn't work properly. This version was fix that problem.

    --Improve coding.
    Version 2.0 2017.05.25
    --> Improved coding.
    --> Changed the company name and contact email.
    Version 1.10 2017.04.04
    -Add new property.
    --Order Type To Copy - Type of Order to copy trade
    --MagicNumber To Copy - List of Magicnumber to copy trade. Empty value mean all trade will be copy
    --Symbol To Copy - List of Symbol to copy trade. Empty value mean all trade will be copy
    --Trade's Comment To Copy - List of comment to copy trade. Empty value mean all trade will be copy
    --Minimum Lot To Copy - Minimum lot to copy
    --Maximum Lot To Copy - Maximum lot source code that you want to duplicate
    --CopyOnlyLossPosPoint - Duplicate only those transactions, the loss of which is lower than CopyOnlyLossPosPoint in points
    --CopyOnlyProfPosPoint - Duplicate only those transactions, which is higher than the profit CopyOnlyProfPosPointv points
    --Reverse Duplicate-true - reverse trades