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PZ Local Trade Copier EA MT5

149 USD

Demo downloaded: 51

Published: 17 February 2022

Current version: 4.0

PZ Local Trade Copier EA MT5

3.5

Utilities
PZ TRADING SLU
Version: 4.0
Updated: 13 October 2023
Activations: 20

Effortlessly manage multiple trading accounts

The Local Trade Copier EA is a solution for individual traders or account managers who need to execute trade signals from external sources or who need to manage several accounts at the same time, without the need for a MAM or a PAMM account. It copies from up to 8 master accounts to unlimited slave accounts.

[ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ]

100% self hosted
Easy to install and use
It can copy from MT4 to MT5 and vice-versa
No installer, config files, servers, memory pipes or DLLs used
Local execution, no network latency

It implements all the features you'll ever need:

Up to 8 master accounts and unlimited slave accounts
Works with all brokers and DD/NDD/ECN/STP execution
Works with accounts with different account currencies
Works between live and demo accounts indistinctively
Supports suffix in symbol names in master and slave accounts
Filters by magic number and order comment
Won't interfere with other trades
Optionally copy SL and TP levels
Optionally copy pending orders
Symbols translation supported
Partial close supported
Reverse mode
Flexible trade size:
- Fixed lot
- Multiplier
- Proportional
- Proportional with multiplier

The EA can copy trades using the investor or the master password of any account.

How to copy trades from one master account to one or many slave accounts

Install the EA in the source terminal
Load the EA to any chart and select "MASTER" as behavior
Install the Local Trade Copier EA in the receiver terminal or terminals
Load the EA to any chart and select "SLAVE" as behavior

That's it! Trades will be copied from the master account to the slave account(s).

How to copy trades from many master accounts to one or many slave accounts

Load the EA in all the master accounts transmitting on different channel inputs.
Load the EA many times in all the slave accounts, each instance reading from a different channel.

Each instance of the EA can read and copy trades from a single channel. So, load it more than once to copy from many accounts.

Attention to...

Load the EA just once per terminal.
Use a different channel parameter for each master account.
Do not login to another account when the EA is operating.
Do not copy trades from a nfa-fifo account to a non-nfa-fifo account.
If you unload the EA from any terminal, all trades will be left unattended.
Do not use the investor password in the receiver account, it won't trade.
If the receiver account has a suffix in symbol names, for example "EURUSD.fx", you must type ".fx" in the "suffix" parameter.

Input Parameters

Behavior: Choose MASTER for source and SLAVE for receiver accounts.
Channel: Choose a channel to transmit trades on. From 1 to 8.
Copy From: Choose MT4 or MT5, depending on where you loaded the Master Instance.
Lotsize Type: Fixed lotsize, Multiplier, Proportional or Proportional with multiplier.
Fixed Lotsize: Trade size for all trades if "fixed lotsize" is chosen in the above parameter.
Multiplier: Lotsize multiplier applied to all trades if enabled in the inputs above.
Reverse Mode: If enabled, the slave accounts will trade exactly the opposite of the master account. To copy very bad traders.
Copy SL and TP: If enabled, the slave will copy the stop-loss and take-profit levels for all orders.
Copy Pending Orders: If enabled, the slave account will copy pending orders from the master account.
Slave Symbol Prefix: If needed, you can type the symbol prefix for all symbols.
Slave Symbol Suffix: If needed, you can type the symbol suffix for all symbols.
Symbol Translation: Accept different symbol names for identical instruments, separated by commas.
Example: "US500=SP500=SPX500,GOLD=XAUUSD"
Filter by Magic Number: Only copy trades from the master account with a particular magic number.
Filter by Comment: Only copy trades from the master account which order comment matches this input.
Master Symbol Prefix: If needed, you can type the symbol prefix for all symbols.
Master Symbol Suffix: If needed, you can type the symbol suffix for all symbols.
Magic Number: Magic number used to trade in the slave account.
Slippage: Maximum slippage for the orders in the slave account.

Author

Arturo López Pérez, private investor and speculator, software engineer and founder of PZ Trading Solutions.

more...

272

saroq 2022.04.26 13:49 #

Arturo Lopez Perez, PZ Trader, creates and sells quality products. The Local Trade Copier is another one of those quality products. It is reliable and offers an enormous range in its functionality. If you need a trade copier that works and one that will do what you need it to do when your copy needs change this is the product to buy.

NomadMan31 2022.11.16 16:29 #

This EA works but it doesn't want to copy sometimes, in the journal section of my MT5 account it says '810*****': failed market buy 0.06 EURUSDz [No money], and the account is funded $50 and has no trades open and the leverage is correctly set. It is a demo account and I adjusted the account balance when this started to occur, how can I resolve this issue.

511

aaronpriest 2022.08.22 13:35 #

Works very well. Very fast and the proportional and multiplier features are fantastic. It doesn't quite fit my needs though and I have three suggestions for new features that would help with risk control for slave settings: 1) Copy existing trades (true/false). To skip already opened trades on the master account, which can be dangerous if they have been open a while and are already near stop loss. 2) Copy close trade signal (true/false). Skip closing trades from the master account, if you have a local risk / trade manager on the slave account already. 3) Max risk % and/or risk $ amount. Skip copying any new trades from the master account if it would exceed this risk on the slave. Those three improvements would help when copying a master account to several slave accounts that might have different risk parameters (prop firm rules for example). Thanks!

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如果产品有任何问题或者您需要在此产品上添加功能，请联系我 Contact/message me if you encounter any issue using the product or need extra feature to add on the base version. There is a demo version of this panel Dashboard Trading Made Simple Demo in my product list, please try it out to get familiar with all functionalities free, LINK . This system basically utilizes TDI as the main indicator to generate trading signal mainly on H1 and H4 time-frame. The signal will be further filtered and trimmed. Stochastic; Heiken Ashi

150 USD

Effortless trading: non-repainting indicator for accurate price reversals Special Offer: Purchase now to receive free bonuses worth $189! (Read more for details) This indicator detects price reversals in a zig-zag fashion, using only price action analysis and a donchian channel. It has been specifically designed for short-term trading, without repainting or backpainting at all. It is a fantastic tool for shrewd traders aiming to increase the timing of their operations. [ Installation Guide | Up

249 USD

Trade smarter, not harder: Empower your trading with Harmonacci Patterns Special Offer: Purchase now to receive free bonuses worth $165! (Read more for details) This is arguably the most complete harmonic price formation auto-recognition indicator you can find for the MetaTrader Platform. It detects 19 different patterns, takes fibonacci projections as seriously as you do, displays the Potential Reversal Zone (PRZ) and finds suitable stop-loss and take-profit levels. [ Installation Guide | Up

299 USD

Capture every opportunity: your go-to indicator for profitable trend trading Special Offer: Purchase now to receive free bonuses worth $159! (Read more for details) Trend Trading is an indicator designed to profit as much as possible from trends taking place in the market, by timing pullbacks and breakouts. It finds trading opportunities by analyzing what the price is doing during established trends. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Trade financial

249 USD

This expert advisor implements the original Dennis and Eckhardt trading system, commonly known as The Turtle Trader. It trades exactly like the original turtles did, and can be used by experienced traders to capture trends in up or down markets. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to use and supervise Fully configurable strategy settings Fully configurable trading settings Works for ECN/Non-ECN brokers and 2-3-4-5 digit symbols Works for CFDs and for

49 USD

Protect against whipsaws: revolutionize your swing trading approach Special Offer: Purchase now to receive free bonuses worth $159! (Read more for details) Swing Trading is the first indicator designed to detect swings in the direction of the trend and possible reversal swings. It uses the baseline swing trading approach, widely described in trading literature. The indicator studies several price and time vectors to track the aggregate trend direction and detects situations in which the market i

249 USD

Effortless trading: non-repainting indicator for accurate price reversals Special Offer: Purchase now to receive free bonuses worth $159! (Read more for details) This indicator detects price reversals in a zig-zag fashion, using only price action analysis and a donchian channel. It has been specifically designed for short-term trading, without repainting or backpainting at all. It is a fantastic tool for shrewd traders aiming to increase the timing of their operations. [ Installation Guide | Up

249 USD

Unlock key market insights with automated support and resistance lines Special Offer: Purchase now to receive free bonuses worth $89! (Read more for details) Tired of plotting support and resistance lines? This is a multi-timeframe indicator that detects and plots supports and resistance lines in the chart with the same precision as a human eye would. As price levels are tested over time and its importance increases, the lines become thicker and darker, making price leves easy to glance and ev

149 USD

This is the latest iteration of my famous scalper, Goldfinch EA, published for the first time almost a decade ago. It scalps the market on sudden volatility expansions that take place in short periods of time: it assumes and tries to capitalize of inertia in price movement after a sudden price acceleration. This new version has been simplified to allow the trader use the optimization feature of the tester easily to find the best trading parameters. [ Installation Guide | Update Guide | Troublesh

FREE

This is the latest iteration of my famous indicator, Reversal Fractals, published for the first time almost a decade ago. It examines the price structure of fractals to determine possible reversal points in the market, providing timing to positional traders that already have a fundamental or technical valuation model. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Reversal fractals can start long trends The indicator is non repainting It implements alerts of all k

FREE

Do you like scalping? Th is indicator displays information about the latest price quotes received from the broker. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Identify tick trends easily A blue row means the price has increased A red row means the price has decreased Customizable colors and font sizes Display your desired amount of rows The indicator is non-repainting Parameters Rows: amount of rows with data to display in the chart Font size: font size of th

30 USD

FREE

The Turtle Trading Indicator implements the original Dennis Richards and Bill Eckhart trading system, commonly known as The Turtle Trader. This trend following system relies on breakouts of historical highs and lows to take and close trades: it is the complete opposite to the "buy low and sell high" approach. The main rule is "Trade an N-day breakout and take profits when an M-day high or low is breached (N must me above M)". [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Pr

FREE

This indicator displays pivot points in the chart, including historical vales, and supports many calculation modes for Pivot Points and S/R levels. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It plots historical levels for backtesting purposes It allows you to select the reference timeframe It implements different Pivot Point calculation modes It implements different SR calculation modes It implements customizable colors and sizes Calculation Modes The indi

FREE

Tired of plotting trendlines? The PZ TrendLines MT5 indicator applies a mechanical approach to the construction of trend lines for you! [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It can draw up to 18 trendlines Trendlines can be optionally based on fractals Each line represents a breakout level Each trendline can be broken or rejected Configurable amount of lines Configurable colors Support I am happy to provide free products but given my limited time, they com

FREE

This indicator detects inside bars of several ranges, making it very easy for price action traders to spot and act on inside bar breakouts. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to use and understand Customizable color selections The indicator implements visual/mail/push/sound alerts The indicator does not repaint or backpaint An inside bar is a bar or series of bars which is/are completely contained within the range of the preceding bar. A blue box is

FREE

299 USD

This indicator analyzes price action patterns and helps you to make positive equity decisions in the binary options market. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to trade Trade both call and put options No crystal ball and no predictions The indicator is non-repainting The only strategy suitable for binary options is applying a mathematical approach, like professional gamblers do. It is based on the following principles: Every binary option represents

FREE

Precision trading: leverage wolfe waves for accurate signals Special Offer: Purchase now to receive free bonuses worth $129! (Read more for details) Wolfe Waves are naturally occurring trading patterns present in all financial markets and represent a fight towards an equilibrium price. These patterns can develop over short and long-term time frames and are one of the most reliable predictive reversal patterns in existence, normally preceding strong and long price movements. [ Installation Guide

99 USD

249 USD

FREE

This indicator detects Sandwich Bars of several ranges, an extremely reliable breakout pattern. A sandwich setup consists on a single bar that engulfs several past bars, breaking and rejecting the complete price range. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy and effective usage Customizable bar ranges Customizable color selections The indicator implements visual/mail/push/sound alerts The indicator does not repaint or backpaint The indicator could not b

FREE

This is a smooth and responsive accelerometer which reveals the market trend and strength. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Two moving averages indicate trend direction The histogram represents strength of the price movement It draws buy and sell zones as colored vertical lines Should be used as a confirmation indicator Customizable line widths and colors It implements alerts of all kinds This indicator is similar to MACD but aims to react faster t

FREE

Tired of plotting trendlines? The PZ TrendLines indicator applies a mechanical approach to the construction of trend lines for you! [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It can draw up to 18 trendlines Trendlines can be optionally based on fractals Each line represents a breakout level Each trendline can be broken or rejected Configurable amount of lines Configurable colors Support I am happy to provide free products but given my limited time, they come

FREE

The market profile indicator provides with an X-Ray vision into market activity, outlining the most important price levels, value area and control value of the daily trading session. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to understand and use Understand market dynamics easily Automatic timeframe selection Identify zones of trading value and discard others It is useful in all market conditions Effective for any trading strategy It implements three color

FREE

Identify over 30 candlestick patterns with precision This indicator recognizes over 30 Japanese Candlestick Patterns and highlights them beautifully on the chart. It is simply one of those indicators price action traders can't live without. Boost your technical analysis overnight Detect japanese candlestick patterns easily Trade reliable and universal reversal patterns Hop onto established trends safely using continuation patterns The indicator is non-repainting and implements alerts The indica

99 USD

This indicator evaluates the market sentiment using raw price action measurements, and it is an amazing trading confirmation. It can be used to take a trend-trade approach or a contrarian approach using reversal patterns. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Find early reversals Confirm short-term trades Detect indecision on the market Take contrarian trades near support and resistance levels Trade inside bars confirmed by overall direction of the market T

FREE

This indicator monitors the vital constants of your trading account to keep it healthy and away from excessive risks. It monitors all trades, absolute exposure, account floating point and leverage currently in use, using different color codes for your interpretation. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to understand The indicator is clean and simple It calculates exposure by pairs and currencies Keep your used leverage controlled at all ti

FREE

Filter:

NomadMan31 2022.11.16 16:29 #

791541

Reply from developer Arturo Lopez Perez 2023.01.14 17:23 #

Hello. In that particular case, with only 50$, there was not enough free margin to take the trade of 0.06 lots, which was the proportional lotsize. It is better not to take a trade, that to take it with a very big risk relative to the master account. The account is funded, only, required margin per lot is higher relative to the master account and the trade could not be taken.

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aaronpriest 2022.08.22 13:35 #

791541

Reply from developer Arturo Lopez Perez 2022.08.27 17:24 #

Many thanks. I'll try to implement some of those features.
PS: If you use an equity protection ea in the master acc, make sure it leaves EAs operating after taking measures.

201

106561 2022.06.17 22:43 #

Das Programm ist unbrauchbar die Positionen werden unkontrolliert kopiert. Eine Katastrophe in Verbindung mit dem PZ Equity Guardian EA weil die Positionen erneut geöffnet werden immer und immer wieder.

791541

Reply from developer Arturo Lopez Perez 2022.06.26 14:13 #

Hello. As said in the support ticket, if you run the Guardian and the Copier in the same account, you must set "Stop EAs" to FALSE in the Guardian inputs. Else, the Guardian will close the Copier EA, disabling the very EA that has to instruct the slave accounts to close the trades. Other option is to run the Guardian in the slave accounts. Thank you.

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saroq 2022.04.26 13:49 #

Version 4.0 2023.10.13

- Improvements handing lag in the execution of trades. Please update.

Version 3.5 2022.06.21

- Fixed Bug that took place when SL was hit in the slave account before than in master account
- Added Feature: Only copy trades with SL

Version 3.1 2022.03.02

- Improved timing