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SharingIsCaring Trade Copier

4.63

Sharing-Is-Caring Trade Copier


Features

  • Local & Remote copy
  • One tool can act as provider or receiver of trades
  • Co-exist with other positions opened manually or from other expert advisors
  • Can be stopped and restarted at any time without any issues such as deals getting closed mysteriously
  • Copy same lot or adjust according to your balance and leverage
  • Partial close/open
  • Manage max funds to use
  • One provider can copy to unlimited number of receivers
  • One receiver can copy from unlimited number of providers
  • Monitoring using heartbeat checks


About

The tool is designed for simplicity and speed and I use it daily in my trading.
In my use-case the copier helps with the psychology of trading large accounts and keeping emotions under control. I have a small account which I use for trading.
Then I have other accounts which are comparatively large, about 10x but can even be 100x.
These accounts simply copy the trades from the small account using the copier and sizing trades proportionally.

This way I can just keep my trading account small like $5k but have the other accounts at like $100k and trade without panic as the large accounts are out of sight and I just focus on the small one which does not induce as much stress.


Notes

- Account types need to match i.e hedging providers to be used with hedging receivers and vice versa.
- Ideally, Provider and Receiver accounts should use same currency denomination for accurate lot calculation using balances.

- Try using the same broker to avoid slippage and issues with unmatching speed.


Code and License

The source code for this EA is released under GPL v3 and is available at https://github.com/wait4signal/sharing-is-caring/blob/main/Sharing-Is-Caring.mq5


Getting started

You only need to attach the EA onto one of the charts running on the MT5 terminal, it will then process all the transactions occurring on the entire account.

Very easy to get started, just select the preferred COPY_MODE and depending on the mode the following may apply.
     Provider:
    If “PROVIDER” is selected then the rest of the settings are optional and depending on features used.


     Receiver:

    If “RECEIVER” then you also need to specify the “PROVIDER_ACCOUNT” which is the trading account whose trades will be copied. The rest of the settings are optional depending on features used.


Local vs Remote copy

Position data is written by the provider to a csv file. The receiver/s then reads from this file.
This is the preferred method as it is fastest, it is used when the provider and receivers are running on the same machine.
However if there are receivers running on a remote machine then the provider should be set to also write the data to a remote file location. The remote receivers would then also be set to read from this remote location.
By default, position data is saved locally onto a file named */Terminal\Common\Files\Sharing-Is-Caring\[providerAccount]-positions.csv
Trades from a remote location also get written to this file prior to use.

See documentation at https://github.com/wait4signal/sharing-is-caring for remote setup details.


Monitoring

The copier can be set to send health checks to a monitoring server so that alerts can be sent out if no heartbeat pings are received within a set timeframe.
We recommend the https://healthchecks.io/ platform for this as it is open-source and supports a large number of alerting mechanisms such as email, telegram, phone call etc. Plus it offers up to 20 free monitoring licenses.

Note that your alert interval needs to be longer than the heartbeat interval e.g if heartbeat is set to 5 minutes then on the monitoring server you can set alerting to something like 7 minutes so that you get notified if the terminal has not sent a ping in 7 minutes.


Settings

See the following link for detailed explanation of the available settings:

https://github.com/wait4signal/sharing-is-caring/blob/main/Sharing-Is-Caring-settings.md


Support:

Bug reports and Feature requests should be logged on the project GitHub page.



Comentários 10
Marcelo Guimaraes de Lima
924
Marcelo Guimaraes de Lima 2024.07.22 01:50 
 

Thank You So Much!

mwachiii
14
mwachiii 2024.05.16 00:31 
 

This is one of the most lean, clean, fast and amazingly powerful MT5 trade copier out there...not sure why its slightly underrated but boy does it get the job done! It may not be feature packed but it certainly is a tiny dynamite. Job well done to the developer

Gabriel Mocan
18
Gabriel Mocan 2023.07.06 20:29 
 

Great tool! It just works.

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Set price targets, and leave everything else to HINN Lazy Trader! This tool is designed for automatic position sizing from specified levels to designated targets. Using a VPS is recommended (*). The demo version   limited in functionality, be sure to watch this video before using -->  https://youtu.be/geLQ6dUzAr8 A community for users, product discussion, update news, and first line of support are organized in a free Discord: https://discord.gg/zFhEZc7QDQ Use Webmoney For payments in cryptocu
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4.53 (15)
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Autumn Harvest EA
Wait4Signal
3 (2)
Autumn-Harvest EA Features Multiple strategies for entry and exit Open buy and sell positions and set applicable amounts for each Smart stop-loss and trailing stops levels EA can be set to only maintain own deals or any open deal eMail and telegram alerts on buy/sell signals ( * Configure the email tab under options for trade opportunity email alerts to work ) Monitoring using heartbeat checks About This EA is capable of opening trades using various strategies. Once the trades are open it a
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I find the lot calculation tedious so I just use this script and tell it the dollar amount to use. It then does the rest. This works for any currency. How-To: Open a sell position using the desired dollar amount instead of lots. To use, just drop it onto a chart and set inputs as needed. The script will then do the necessary lot calculation and open the trade. Inputs: FIXED_DEAL_AMOUNT: Fixed amount to use per trade e.g 100 to open a R100 deal USE_SL_ON_BUY: If true then a suitable stoploss
FREE
I find the lot calculation tedious so I just use this script and tell it the dollar amount to use. It then does the rest. This works for any currency. How-To: Creates a sell limit order at chosen MA price using the desired dollar amount instead of lots. To use, just drop it onto a chart and set inputs as needed. The script will then do the necessary lot calculation and create a sell limit order. Inputs: FIXED_DEAL_AMOUNT: Fixed amount to use for the trade e.g 100 to open a R100 deal MA_PRICE
FREE
I find the lot calculation tedious so I just use this script and tell it the dollar amount to use. It then does the rest. This works for any currency. How-To: Creates a buy limit order at chosen MA price using the desired dollar amount instead of lots. To use, just drop it onto a chart and set inputs as needed. The script will then do the necessary lot calculation and create a buy limit order. Inputs: FIXED_DEAL_AMOUNT: Fixed amount to use for the trade e.g 100 to open a R100 deal MA_PRICE: 
FREE
I find the lot calculation tedious so I just use this script and tell it the dollar amount to use. It then does the rest. This works for any currency. How-To: Open a buy position using the desired dollar amount instead of lots. To use, just drop it onto a chart and set inputs as needed. The script will then do the necessary lot calculation and open the trade. Inputs: FIXED_DEAL_AMOUNT: Fixed amount to use per trade e.g 100 to open a R100 deal USE_SL_ON_BUY: If true then a suitable stoploss w
FREE
Filtro:
Marcelo Guimaraes de Lima
924
Marcelo Guimaraes de Lima 2024.07.22 01:50 
 

Thank You So Much!

mwachiii
14
mwachiii 2024.05.16 00:31 
 

This is one of the most lean, clean, fast and amazingly powerful MT5 trade copier out there...not sure why its slightly underrated but boy does it get the job done! It may not be feature packed but it certainly is a tiny dynamite. Job well done to the developer

Wait4Signal
3704
Resposta do desenvolvedor Bhekinkosi Gabela 2024.06.13 21:04
Thanks @mwachiii for the generous review, glad you found the tool useful.
Yeah it's lite on features, I built what I need and use but made code available for anyone to add.
szabolajosd
14
szabolajosd 2023.08.18 13:28 
 

If the position in minus, in negative and i'd like to close before Sl, the copier not copy the close orders to slave accounts. Wait for SL or if the position bound and go back to plus 1 cent, it will close. close in plus 0.01$...great... its a bug.

What should I do if i'd like to multiple the amount? Now I can set "same size" or "proportional to balance" so you should make multiple opportunity.

Gabriel Mocan
18
Gabriel Mocan 2023.07.06 20:29 
 

Great tool! It just works.

Jordan Altiyane
18
Jordan Altiyane 2023.05.31 19:02 
 

very fast execution with no glitches so far, appreciate the effort done by the creator. Only thing lacking is the option to copy custom lot size with multiplication to the original lot. e.g. provider opens 2 lot the multiplication that the receiver has set is 0.25 which means that 2 lot x 0.25 will result in 0.5 Lot being copied to the receiver.

CodeFx
127
CodeFx 2023.04.21 13:20 
 

This trade copier works excellently, thanks for sharing and indeed sharing is caring!

Lis28872
262
Lis28872 2023.04.14 21:58 
 

O usuário não deixou nenhum comentário para sua avaliação

Metodi Aleksandrov Deribanov
775
Metodi Aleksandrov Deribanov 2023.01.05 14:01 
 

Works great! Good work bro. Keep it up. Thank you for sharing this!

Patrick Ortbauer
319
Patrick Ortbauer 2022.01.12 11:47 
 

Does what it should do. Heartbeat function is very useful to check VPS and EA in realtime.

Edit1: works perfect and stable with very low cpu-usage. Nearly all remote-copies (via ftp server) are executed withing one second @ default-settings.

Wait4Signal
3704
Resposta do desenvolvedor Bhekinkosi Gabela 2022.03.26 13:49
I appreciate the feedback Patrick, happy trading !
netbanda
14
netbanda 2021.12.10 15:06 
 

Works really well and can only keep getting better.

Wait4Signal
3704
Resposta do desenvolvedor Bhekinkosi Gabela 2021.12.10 16:03
Thank you for the feedback, glad you found it useful in your use-case.
Responder ao comentário
Versão 1.2 2023.04.07
Add lot calculation configs so user can tweak further:
PROPORTIONAL_TO_FREE_MARGIN
USE_LEVERAGE_FOR_LOT_CALCULATION
Versão 1.1 2022.06.06
Fixed handling of deals when comments are removed.