Summary of "🎯 Trade Copier TF Master Expert Advisor MT4/5 – Free Download [TradingFinder]"
Trade Copier TF Master Expert Advisor for MetaTrader 4/5
This video provides a detailed walkthrough of the Trade Copier TF Master Expert Advisor (EA), available for free download on the TradingFinder website. The tool facilitates copy trading between MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, enabling trades executed on a “master” platform to be replicated on one or multiple “slave” platforms—even across different brokers.
Key Assets, Platforms, and Instruments Mentioned
- Platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5)
- Brokers: Supports different brokers simultaneously (no restrictions)
- Trading Symbols/Assets: Currency pairs such as GBPUSD, USDCAD, and crypto symbols like Bitcoin/BTCUSD
- Trading Instruments: All order types including market orders, stop-loss (SL), and take-profit (TP) orders
Core Functionality
- Copy trading between master and slave platforms installed on the same device (local copy trading).
- Supports copying trades with exact volumes or scaled volumes (half, one-third, custom lot sizes).
- Filters available for:
- Time intervals for trade copying (e.g., 9:00 AM to 1:00 PM)
- Trading days (e.g., exclude Monday)
- Trading symbols (market watch, open charts, custom symbol lists)
- Trade types (enable/disable long or short positions)
- Account filtering (copy trades only from specified master accounts)
- Supports brokers with different symbol suffixes/prefixes and symbol name conversions (e.g., Bitcoin → BTCUSD).
- Ability to enable/disable sending and receiving of stop-loss and take-profit orders.
- Risk management features include daily drawdown and profit limits (default 2% drawdown, 3% profit), after which copying stops.
- Trade comments and magic numbers can be sent or filtered.
- Close all copied trades automatically at a specified server time.
- Supports a read-only mode where trades can be viewed but not modified on the slave platform (ideal for monitoring accounts shared publicly).
Step-by-Step Framework / Methodology
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Setup & Licensing
- Download EA for MT4/MT5 from TradingFinder.
- Enter a dedicated license key (device-specific) to activate EA.
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Master and Slave Configuration
- Assign one platform as master (order sender) and another as slave (order receiver).
- Activate EA on both platforms and confirm connection.
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Trade Execution & Copying
- Execute trades on master platform.
- Trades, including volume, SL, and TP, are replicated on slave platform(s).
- Trades closed on master are closed on slave.
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Filters & Customization
- Set time filters to restrict copying during specific hours.
- Select trading days to enable/disable copying.
- Choose symbols to include/exclude for copying.
- Adjust lot sizes (same size, half, one-third, fixed, or custom).
- Enable/disable copying of long or short positions.
- Manage symbol prefixes/suffixes and convert symbols for brokers with different naming conventions.
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Risk Management
- Set daily drawdown and profit thresholds to stop copying.
- Option to not copy trades without stop-loss.
- Automatic closing of all copied trades at specified server time.
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Additional Features
- Send or block trade comments.
- Convert magic numbers for better position management.
- Receive alerts on slave platform when trades are copied.
- Read-only mode for monitoring accounts without permission to trade.
Important Numbers & Settings
- Default GMT-server time difference: 120 minutes (adjustable)
- Default daily drawdown limit: 2%
- Default daily profit limit: 3%
- Time filter examples:
- 9:00 AM to 1:00 PM
- 4:00 PM to 3:00 PM (likely a subtitle typo, probably meant 3:00 AM)
- 8:00 PM to 12:00 AM
- Lot size options: same lot, half lot, one-third lot, fixed lot, custom units (e.g., 72,500 units)
- Stop-loss and take-profit: can be set by same value or same distance (in points/pipets), with multipliers
Recommendations & Cautions
- License keys are device-specific.
- Time synchronization between server and GMT is critical for accurate trade copying.
- Pay attention to symbol suffixes/prefixes when brokers differ.
- Read-only accounts cannot act as slave accounts.
- Risk management settings (drawdown, profit limits) are recommended to avoid large losses.
- Disabling stop-loss or take-profit copying can increase risk.
- Use filters to control when and what trades are copied to avoid unwanted trades.
Disclaimers
This video is an instructional tutorial and does not constitute financial advice. Users should test the EA on demo accounts before live trading. Proper risk management is essential when using automated copy trading tools.
Presenters / Sources
- The tutorial is presented by the creators or representatives of the TradingFinder website/tool.
- Demonstrations use MetaTrader 4 and MetaTrader 5 platforms with example brokers.
Overall, this Trade Copier EA provides a flexible and powerful solution for traders who want to replicate trades across multiple MT4/MT5 accounts and brokers, with extensive customization for symbol mapping, trade filtering, risk controls, and execution settings.
Category
Finance
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