Metatrader 4 Copy Tool Software
Metatrader 4
Copy Tool Software was developed for simultaneous management of multiple
Metatrader 4 accounts on different MT4 brokers, which is mostly helpful for
those who manage investors' accounts (asset management or managed account services) and for traders working with many accounts on different MT4 brokers
simultaneously. Copy
Tools Software allows working with
any amount of accounts and any Metatrader 4 Brokers, receiving quotes for any
symbols, placing all types of orders.
You can adjust different lots for each slave terminal.
Example.
You have 4 managed accounts (or you are working with 4 accounts on different MT4 brokers:
Master Account # 1 - Metatrader 4 Broker InterbankFX - deposit 80 000 USD
Slave Account # 2 – Metatrader 4 Broker InterbankFX – deposit 40 000 USD
Slave Account # 3 – Metatrader 4 Broker FXDD – deposit 20 000 USD
Slave Account # 4 - Metatrader 4 Broker AlpariUK – deposit 10 000 USD
You would like to trade using your own (or our
) MetaTrader
expert advisor or your own manual trading strategy with Lot
= 10% of deposit for each trading
account.
You can set parameter kLot for each slave account (for each terminal):
Master Account # 1 - lot= 8
Slave Account # 2 – lot = 4, kLot =0.5
Slave Account # 3 – lot =2, kLot =0.25
Slave Account # 4 - lot =1, kLot =0.125
Compare MetaTrader 4 MultiTerminal and Metatrader 4 Copy Tools:
BJF Trading Group
http://iticsoftware.com
You can adjust different lots for each slave terminal.
Example.
You have 4 managed accounts (or you are working with 4 accounts on different MT4 brokers:
Master Account # 1 - Metatrader 4 Broker InterbankFX - deposit 80 000 USD
Slave Account # 2 – Metatrader 4 Broker InterbankFX – deposit 40 000 USD
Slave Account # 3 – Metatrader 4 Broker FXDD – deposit 20 000 USD
Slave Account # 4 - Metatrader 4 Broker AlpariUK – deposit 10 000 USD
You would like to trade using your own (or our
) MetaTrader
expert advisor or your own manual trading strategy with You can set parameter kLot for each slave account (for each terminal):
Master Account # 1 - lot= 8
Slave Account # 2 – lot = 4, kLot =0.5
Slave Account # 3 – lot =2, kLot =0.25
Slave Account # 4 - lot =1, kLot =0.125
Compare MetaTrader 4 MultiTerminal and Metatrader 4 Copy Tools:
|
|
MetaTrader 4 MultiTerminal |
|
|
Simultaneous management of
multiple Metatrader 4 |
yes |
yes |
|
Different MT4 brokers |
yes |
no |
|
Ability to copy signals of expert advisors |
yes |
no |
|
Using own Money Management |
yes |
no |
Metatrader 4 CopyTool
Software Home Page
BJF Trading Group
http://iticsoftware.com
Hi Boris,
Very useful tool. I am working on starting my own managed funds business soon. This tool will be exactly what I need. I will look to purchase closer to the time.
Thanks
Jeff
Reply to this
What happens if the prices aren't exactly the same between brokers since they rarely are exact, do the sl and tp values change? How long is the delay between the first and last order being placed? What happens if the price slips on one of the slaves and how do the slaves handle requotes? Does it round up or down when determining slave lot sizes? What does it do if the brokers use different lot sizes, mini vs micro? It sounds great, unfortunately the details are almost nonexistent. Does a demo version exist?
Reply to this
Q. What happens if the prices aren't exactly the same between brokers since they rarely are exact, do the sl and tp values change?
A. Open price will be modified only there is also ForceStops=yes/no parameter.
Q. How long is the delay between the first and last order being placed?
A. Server_time of brokers to open orders + 0.5 sec
Q. What happens if the price slips on one of the slaves and how do the slaves handle requotes?
A. There is RepeatCount=3 parameter
Q. Does it round up or down when determining slave lot sizes?
A. there is MM section
FixedLot=yes
Lots=0.1
kLot=1.0
MinLot=0.1
LotPrec=2
Q. What does it do if the brokers use different lot sizes, mini vs micro?
A. There is kLot=1.0 factor
Q. It sounds great, unfortunately the details are almost nonexistent. Does a demo version exist?
A. Sorry, no
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Q. Does the tool have limit on slave Terminals ?
Q. Do i have to have all slave Terminals open on my computers ?
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Q. Does the tool have limit on slave Terminals ?
A. There are no any limitations
Q. Do i have to have all slave Terminals open on my computers ?
Yes, you do
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Hello,
Do you really succes to launch more than 25 Metatrader on only one server ?
According to Metaquotes themself, there is a limitation about 17-18, even with a very big server.
You software interest me.
Can I do this ?
Master : Open Trade :
Long 1 lot EurUsd
Short 2 lots GbpUsd
Long 1 lot EurJpy
I would like to have :
Slave 1
Long 3 lot EurUsd
Short 0 lots GbpUsd (no trade)
Long 2 lot EurJpy
Slave 2
Long 0 lot EurUsd (no trade)
Short 4 lots GbpUsd
Long 2 lot EurJpy
Is it possible
Many thanks for your reply
Laurent
Reply to this
Q. Do you really succes to launch more than 25 Metatrader on only one server ?
According to Metaquotes themself, there is a limitation about 17-18, even with a very big server.
A. It depends on the servers power, (it is not depends on the program).
You can reduce the bars number on the chart (histories) that will release server's recourses (memory).
Q. You software interest me.
Can I do this ?
Master : Open Trade :
Long 1 lot EurUsd
Short 2 lots GbpUsd
Long 1 lot EurJpy
I would like to have :
Slave 1
Long 3 lot EurUsd
Short 0 lots GbpUsd (no trade)
Long 2 lot EurJpy
Slave 2
Long 0 lot EurUsd (no trade)
Short 4 lots GbpUsd
Long 2 lot EurJpy
Is it possible
A. Please, describe rules of LOT changes.
Reply to this
About rules :
not really rules, according many parameters. All quantity LOT are inside a text file.
About limitation about 17-18 metatrader by server even on a very big server (CPU + Ram + disk), i follow you the answer i had by Metaquotes support about it.
Reply to this
How can you run more than one MT4 tirminal in the same compauter, I have two accounts with migfx.ch,and I'v tryed to login into two accounts, but I cant run moree than one copy of the mt4 ?
will you explian please ?
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You can install and run more than one MT4 terminal.
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Hi Adel,
What you can do is install your MIG MT4 terminal again. Be sure to rename to MIG 2, and also rename the folder to which it will be installed.
By doing this, you can open MIG 1 and MIG 2 at the same time.
Hope this helps.
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Hi Boris.
Can the Copy Tool be used on a VPS? Are there any pros, cons, limitations to using that type of platform and this tool?
Thanks
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Yes. You can use Copy Tool forex software on windows dedicated or Virtual server. Please, contact me I will provide you with Copy Tool demo.
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OK, I see my VPS answer on this post. Will you give instructions in how to set up the sw using VPS? I have a growing client base and at the moment I have 35, and expect to go towards 100 by the end of 2010. Also, will using your software in conjunction with a dedicated VPS hosting solution handle my present and growing client base?
Reply to this
There is no difference are you going to use CopyTool on VPS or on a local computer.
Please read ReadMe_en.doc file for successful installation.
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thx Boris, I'm want to use the CopyTool on VPS...I'm looking for a reliable VPS Solution do You have any Recommendations? Last night I read the Docs and ALL seemed pretty Simple...Only one thing I want to make Trades using Lots as a percentage of the Account. ie. $5,000 in account trade 2%...Thank You
Reply to this
We use godaddy.com VPS
>>Only one thing I want to make Trades using Lots as a percentage of the Account. ie. $5,000 in account trade 2%...
You can use own money management without any problem.
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Hi Boris,
Does the tool has any scripting function that allow my master terminal's expert advisor to read the bid and ask prices of each slave terminal. I would like to ensure that each of my customer's fill gets the best price as prices aren't exactly the same between brokers. Please advise.
Also, appreciate if you could kindly send me a demo copy. Thank you.
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Q. Does the tool has any scripting function that allow my master terminal's expert advisor to read the bid and ask prices of each slave terminal.
A. No, sorry. You can copy expert advisor's signal from master terminal to slave terminals
Q. Also, appreciate if you could kindly send me a demo copy.
A. please, download test version download manual
Test version has 2 restrictions:
1) Manages only OP_BUY and OP_SELLSTOP orders
2) Does not copy orders with more than 1.0 lot size
Reply to this
Hi Boris,
I opened 2 masters/ 2 slaves , to make slave1 read ONLY from master1 , also slave2 read ONLY from master2.
Now I found that slave 2 read from both master1 and master2.
how I can solve the problem ?
Thanks
Reply to this
Copy MultiTradeFx.exe and mtfx.ini to any different folder.
Open mtfx.ini and change ClassName to any different value.
Set the same ClassName for master and slave scripts.
So you will have the separate working copy of CopyTool.
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Will it work with other sripts? Either on same chart or different chart.
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You can use only one script on one chart
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You software interest me.
Can I do this ?
Master : Open Trade :
Long 1 lot EurUsd
Long 1 lot EurJpy
I would like to have :
Slave 1
Short 1 lot UsdChf
Slave 2
Short 1 lot UsdJpy
Is it possible
Does the tool has any scripting function that allow my master terminal's expert advisor to read the current positions of all the of each slave terminal.
Many thanks for your reply
Teo
Reply to this
Q1.
Can I do this ?
Master : Open Trade :
Long 1 lot EurUsd
Long 1 lot EurJpy
I would like to have :
Slave 1
Short 1 lot UsdChf
Slave 2
Short 1 lot UsdJpy
Is it possible
A1. Where is the logic?
Q2. Does the tool has any scripting function that allow my master terminal's expert advisor to read the current positions of all the of each slave terminal.
A2. There is no feedback. Master does not read slaves.
Reply to this
Hi
My EA would Risk 1%-15% of account equity after calculating that any open positions will be stopped out.
1) Can software automatically calculate my acc size relative to slave acc size in order to automatically determine Lot size for slave acc?
This way I won't have to manually work out the ratio, each time there is an acc withdrawal/deposit on the master of slave accounts, will I?
Bearing in mind Entry, SL and TP levels will all be the same.
2) Will this cost me to have the above feature built in?
3)Can the Master acc and slave accounts be run of a VPS?
4) When will the full version be released and will it overcome the 2 ristrictions you list?
5) Does using this tool mean I have to be registered as a money monager/Financial Advisor with governing bodies such as the FSA in the UK?
Reply to this
You can trade a lot on slave account
1) Fixed (the lot is const)
2) Scalable (proportional to masters accounts lot)
3) Custom (as pcnt from slave accounts balanse as sample)
Bearing in mind Entry, SL and TP levels will all be the same.
2) Will this cost me to have the above feature built in?
Try to use the existing features.
Reply to this
Does the below statement in your manual mean multiple currency pairs can be traded?
"The main rule is you must have working only one copy of master script or slave script per terminal. It does not matter which pair and timeframe will be used."
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The script can trade any symbol from market watch but this script can be running on any chart.
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Sir,
I am planing to buy your copying tool, but I have some technical douby:
1. Master account to slave account can copying (master is mini account (lot 0.1) to slave is micro account (lot 0.01).
2. The demo account can assign as master account, then copy from demo account to live account (slave), is it possible in this software.
3. master account has different risk factor compare to slave account, is it control all the account?
4. what is the different between master and slave?
5. In case your software not able to some kind of work for my requirement, can you modify the software as per my requirement.
please give details about my doubt?
thank you
Have a nice dat
regards
Ashok
India
Reply to this
1. Yes, you can read ReadMe_en.doc file (the description of "Lot Section")
2. You can copy from demo to live accounts and from live to demo accounts.
3.
We don't copy risk factor or any statictic. We copy orders.
On the slave part we can process only lot size of the orders provided by the master.
On the slave part you can use fixed lot, scalable lot or custom lot (based on the slave accounts balanse as the sample)
4.
We copy orders from a master account to a slave account.
A master is the sourse.
A slave is the destinition.
5.
Q. I need some extra functionality. May I order development services?
Yes, all the possible changes are under discussion.
Reply to this
Thank you very much for your detail answered for all my doubt.
Have a blessed day to all
Bye
Ashok
India
Reply to this
Please let me know how to:
copy positions from 4 masters terminals to ONE slave using copy-tool software.
Thanks
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Reply to this
Just what I,m looking for. Seriously.
Can it handle different brokers with 5 or 6 digits quote pair on each broker?
Thank you
Reply to this
Yes, sure. You can use CopyTool metatrader software for brokers with 4-digits and 5-digits quotations.
Reply to this
- can it copy an instant order from master acct and place it as a market order or pending order in slave acct?
- or from market to limit order? i.e. change the order type from master to slave.
-Or copy from one broker using 4 decimals and place with another broker using 5 decimals?
I thought i sent this comment through already, but for some reason it never posted.
Reply to this
1) can it copy an instant order from master acct and place it as a market order or pending order in slave acct?
Yes
2) or from market to limit order? i.e. change the order type from master to slave.
Now it is not possible but you can request the upgrade of CopyTool anytime.
3) Or copy from one broker using 4 decimals and place with another broker using 5 decimals?
Yes.
Reply to this
There must be a lag between master and its slave. The order(open or pending) must be opened first on master before copy tool can open them on slave.
How copy tools solve this problem ? Is copy tool using slippage or converting open on master into pending on slave ?
Thank you very much for the answer.
Reply to this
There is no problem.
CopyTool has the maximum price deviation param.
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How do map the symbols. My master has e.g EURUSDn (MASTER terminal) and EURUSD (Slave Terminal ) .
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extern bool MapSymbols = false
True - read MapSymbolsFile and process symbol-per-symbol mapping.
False - trade the symbols provided by master side without any mapping.
extern string MapSymbolsFile = "MapSymbols.txt"
Sets the name of MapSymbolsFile. This file must be located into \MetaTrader4\experts\files\ folder.
Usage:
A. Let you have EURUSDm symbol on master side and EURUSD symbol on client side.
You should modify MapSymbolsFile and after that you should set MapSymbols = true.
MapSymbols.txt example for the case A:
//---------------------------------
// Master => Slave
//---------------------------------
EURUSDm => EURUSD
[OTHER_SYMBOL]m => [OTHER_SYMBOL]
B. Let master side has EURUSD symbol. Slave side has fxEURUSD symbol.
Modify MapSymbolsFile then set MapSymbols = true.
MapSymbols.txt example for the case B:
//---------------------------------
// Master => Slave
//---------------------------------
EURUSD => fxEURUSD
[OTHER_SYMBOL] => fx[OTHER_SYMBOL]
C. Master has EURUSD symbol. Slave has EURUSD symbol.
Set MapSymbols = false. There is no need to use MapSymbolsFile.
Reply to this
can i copy other open pos... for example my friend have an EA.. i want to copy his trade but i dont have the same EA
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Yes, sure. You friend can provide you with acc # and investor password and you can copy all orders.
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Will it copy 2 or more ea's running at the same time on the master to the slave?
In other words will it copy any and all trades made on the master whether it comes from manual or ea trades?
My master account will be a dealer broker and one or my slave accounts is MT4 ENC broker? Will it copy the trades to the ENC broker ok?
Thanks
Mike
Reply to this
>>Will it copy 2 or more ea's running at the same time on the master to the slave?
Yes, sure. You can copy 2 or more EAs from master to slave
>>In other words will it copy any and all trades made on the master whether it comes from manual or ea trades?
Yes.
>>My master account will be a dealer broker and one or my slave accounts is MT4 ENC broker? Will it copy the trades to the ENC broker >>ok?
Yes, sure.
Reply to this
Hi
Thanks for your answer.
The master account is running an ea that when it opens a order it is sent with a SL and TP attached. I have not been able to run this ea on my MT4 ENC broker as the order has to be opened first then the Sl and TP can be attached. Will this trade copier take care of that problem and open the trades then modifiy after the trades are opened?
Thanks
Mike
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Sure, the slave script has the following option:
extern bool MarketExecution = true/false
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Hi Boris,
Is it somehow possible to setup Master in a way that it is not visable in the platform that I am running this script?
(no log of script, no appearance on chart, etc..)
I have an EA running in VPS, and I would like to use your copy tool, however I would not like for others (who see my account), to see that I am running the copy tool.
Thanks,
JoeCFD
Reply to this
I have a question relating to MaxPriceDiff and Slippage.
IF my slave is a 6 digit broker, would I need to use 30 or 3 fro slippage and 150 or 15 for MaxPriceDiff?
My entry scripts have to use 50 (for example) for slippage on my 6 digit broker and wonder how you deal with this.
Please provide input for both 5 and 6 digit slaves assuming 5 or 6 digit masters.
Lastly. does the bridge exe run under Vista 64 bit?
Thanks in advance.
Reply to this
Dear Chuck,
If you existing copytool buyer feel free to contact us via e-mail from e-mail address associated with your order, and our support team will help you to adjust copytool software.
Regards,
Reply to this
Dear Support,
If i buy one license, can i use it on all my clients accounts (serial reals and demos) or i can use it only for one account?
Best regards.
José Rosário
Reply to this
Dear Jose,
You can use it for all your accounts. We sell this tool without any restrictions.
Regards,
Boris
Reply to this
Dear Boris,
Thank you for your answer, but why you anounced the possibility to buy several licenses?
Regards,
Jose
Reply to this
Dear Jose,
You can use copytool for several accounts and brokers.
Regards,
Boris
Reply to this
hi,is it possible tp and sl parameters make invisible for slave account broker?thanks
Reply to this
It is possible. We can add this option for additional reasonable fee.
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Hi,
you announced the possibility to buy several licenses: It mean's I can use only one account the copying Tool?, Because I am planning to buy your copying tool,I have account with 4 broker and my frienf has different broker account,so I want connect all the account, so that I am planning to buy your copying tool, so please explain clearly any hidden cost is available and any limitation in technically is available, please cote clearly.
Have a Blessed day to you and all
regards,
Ashok
chennai
India
ajentha@yahoo.com
Reply to this
You can use copycopy tool forex software for several master and slave accounts without any restrictions. You need just one license.
Reply to this
Hello,
If I run your scripts on minimized charts and then on other charts I use scripts to enter orders with SL and TP, aswell as using scripts to exit the orders, will this work OK?
Thanks,
Theo
Reply to this
1) You should run 1 CopyTool script per terminal.
2) We suggest to run another (not CopyTool) scripts on other charts.
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I read the instructions but still don't have an idea how to set up the tool to use a certain percentage of my slave account. Can you please provide an example?
LotType=2 (custom)
Where do I have to define the percentage? In the kLot? And how?
Example: I would like that the tool takes 50% of my slave account.
I would appreciate if you can describe how I have to set the parameters.
Thank you for the support.
Best regards
Henry
Reply to this
Please, contact me from e-mail address associated with your order and I'll help.
Reply to this
Boris...
Would it be possible to test the demo version?
Reply to this
CopyTool Software
Click to Download CopyTool Software Test Version
Test version has 2 restrictions:
1) Manages only OP_BUY and OP_SELLSTOP orders
2) Does not copy orders with more than 1.0 lot size
Download CopyTool Software Manual
Reply to this
I would like the Copy Tool to bridge with the MT4 Multiterminal in order to send orders (generated by ea) from Copy Tool master account to Multiterminal. In other words, make Multiterminal a slave account. Is that possible to be programmed?
Thanks
Reply to this
Multiterminal does not support MQL4.
Sorry, but this idea is unreal .
Regards,
Boris
Reply to this
I have tested the trial version of copytool and is exactly what i need though i will want some modifications built in its parameters?
Like:
(1) On the extern bool Absolutestops
i will like the slave to have a fixed TP
ie no matter what the TP of the master is,
the slave's TP will always be fixed.
Example:
Master: BUY OpenPrice=1.2000, SL=1.1900(100 pips), TP=1.2005(5 pips)
Slave: BUY OpenPrice=1.2005, SL=1.1900(105 pips), TP=1.20025(20 pips)
Also applicable with pending order!
It seems that you hvae the Pro version
I will also like to test the Pro version. Could you please send me the link.
Thanks for the good works.
Reply to this
Hi,
You can change SL and TP in new version CopyTool Pro. You can contact with us via e-mail: support@fxstrategy.ca and we\ll provide you with demo for CopyTool Pro
If you existing user, you can buy upgrade for 89 USD
Read more
Best regards,
BJF Trading Group inc.
Support team.
Reply to this
I want to copy trades from an Investor passord account. I don´t want the trader on the other end (with the MT4 trader) to know that I am copying trades. Is there any possibility of remote reading what is going on the Investor passord terminal?
Reply to this
We see no reason why don't you use MT4 terminal.
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Can this application be used to send the signals via the internet to clients terminals at their own specific location or VPS. Also is there any security (password/Client management) included as part of the application.
Thanks,
TC-
Reply to this
Sorry, no. You should install master terminal(s) and slave terminal(s) on one local computer. But we can code net version for you for 800 USD. You can contact me via e-mail: coding@iticsoftware.com
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I cant't run copytoolpro on window server 2003 64 bits! How about window server 2008 64 bits?
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Please describe your actions step by step and errors you received.
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Please i tried installing demo of the copy tool on my VPS which is in 64bit and am getting
"The application has failed to start because theapplication configuration is incorrect. Reinstalling the application may fix this problem."
I have tried reinstalling it several times but with no sucess.
Reply to this
You can ask google and find a lot of suggestions....
Side by Side architecture uses a trick in a file called a 'manifest' to call a special system file instead of the regular Vista system file (a .dll). The error is saying that finding that special dll written for that application is not working somehow. (side-by-side configuration is incorrect)
Try to download , unzip and copy Microsoft.VC80.CRT and Microsoft.VC80.MFC folders to the same folder with setup.exe file.
Please, read our Forex Software F.A.Q
Reply to this
What? There are incompatibility issues! Can it run okay on VPS?
Reply to this
Our CopyTool Pro forex software will work correctly (and was tested) with any windows (xp, w7, vista 32/64, server 2003, etc.) platform.
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Seems your copytool doesnt like 64bit installations, I have tried to run it on windows server 2008 64bit without any success. Error message = Activation context generation failed for "C:\CopyTool\MultiTradeFx.exe".
Dependent Assembly
Microsoft.VC80.MFC,processorArchitecture="x86",publicKeyToken="1fc8b3b9a1e18e3b",type="win32",version="8.0.50608.0"
could not be found.
Same goes for Windows server 2003 64 bits
.
Any fix coming soon ? I want to run it on a VPS with a 64bit OS.
Thanks
Reply to this
forget my query from earlier, installing the MS Visual C++ 2005 SP1 Redist Pack fixes it
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Hi,
I'm wondering if it's possible for the CopyTool to check for loss of feed connection and also to attempt reconnection on both master and slave terminals.
MT4 terminals sometimes disconnect and won't always automatically reconnect. I'm hoping your software can solve this.
Reply to this
MQL4 does not allow to reconnect because there is no Reconnect function. Ask BJF Trading Group inc. for new version. We have added extern bool CheckConnection option. Set CheckConnection = false
Reply to this
I have already purchased the Copy Tool Software. The problem that i have faced is that i was using the following account sizes on Master and Slave Accounts:
1.Master Account : 50000 USD
2.Slave 1 Account: 17000 USD MS.Lot Ratio = 0.3 as i wanted to ensure if i trade 1 lot in the master it will be 0.3 lots with this slave.
3.Slave 2 Account: 11090 USD MS.Lot Ratio = 0.2 as i wanted to ensure if i trade 1 lot in the master it will be 0.2 lots with this slave.
4.Slave 3 Account: 29000 USD MS.Lot Ratio = 0.6 as i wanted to ensure if i trade 1 lot in the master it will be 0.6 lots with this slave.
5.Slave 4 Account: 9000 USD
6.Slave 5 Account: 9700 USD
7.Slave 6 Account: 16700 USD
8.Slave 7 Account: 35500 USD
Like wise for all other cases,
the master account is a demo account and all other slave accounts are real accounts.
But to my suprise i found
1.on 17,000 USD A/c instead of 0.3 lots, 0.5 lots were traded
2.on 11,000 USD A/c instead of 0.2 lots, 0.5 lots were traded
3.on 29,000 USD A/c it was correct, it was 0.6 lots and 0.6 lots only were traded exactly
4.on 8900 USD A/c instead of 0.2 lots, 0.5 lots were traded.
5. on 9700 USD A/c instead of 0.2 lots, 0.6 lots were traded.
So, the only variable i have changed to ensure i modify the slave lot sizes is the MS.LotRatio accordingly.
Should i change any other variable apart from this or let me know the right procedure to ensure the lot sizes are correct in all the slave Accounts.
I have tested the same with all demo accounts, but the setup is working fine with all the master and slave accounts being demo.
Let me know the solution for the same.
Regards,
Raj
India
Reply to this
Please read help CopyTool pro Forex Software Slave Terminal Options , Lots section.
MS.LotRatio used in case of LotType = "MS".
Slave lot calculated as master lot multiplied by MS.LotRatio.
So for LotType = "MS" the CopyTool works only with lots volumes. AccountBalance is not checked.
Reply to this
Hi,
I agree that it is independent of the acccount size of the slaves.
But i wanted lots to be opened in the slave accounts based on the formula.
Slave Lot Size = MS.Lot Ratio * Master Lot Size
But this is not working and the Slave Lot Size turns to be different in all the cases mentioned above.
What is the correct way to modify the lot sizes of the Slave Accounts ?
Can you Explain a good method for the same then?
Regards,
Raj
Reply to this
Please run TeamViwer (www.teamviewer.com) software and send ID and password to connect.
We will provide remote help.
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Can you design the copytool to be copying trades directly from the MT4 terminal not just only on the chart/pair it is attached.
Reply to this
We have coded CopyTool Net version with direct connect to MT4 servers. Yopu do not need to run slave terminals. You can use this software via internet etc. Looking for beta testers.
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Dear Boris,
Concerning the reverse module.
When it copies the opposite of the master say sell limit at 1400, to slave terminal as buy stop at 1400.
My question is does it consider the spread? What i mean is, since sell limit uses the Bid price while buy stop uses Ask price. Buy stop (slave) will eventually enter the market before the sell limit(master) and there will be nothing to guide it as in the master.
Can you add this feature to it? If master (sell limit at 1400) then slave copies it as buy stop at 1400 + spread. This will enable both trades to enter at the same time.
I believe you concur with me.
Thank you.
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We have new reverse module version
BUY STOP reversed to SELL LIMIT
-Spread from open price
SELL STOP reversed to BUY LIMIT
+Spread to open price
BUY LIMIT reversed to SELL STOP
-Spread from open price
SELL LIMIT reversed to BUY STOP
+Spread to open price
Feel free to contact me for upgrade.
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Hello! Boris,
I have few questions
a. Will the new reverse module work well with 5 digit variable spread?
b. How does it determine the current spread, to know exactly what to add or minus?
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a. Yes, sure. New reverse module work well with 5 digit variable spread
b. What do you mean?
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I understand the plus and minus spread if i am using a fixed spread broker.
Illustration: (using 2 pip spread)
Master slave
Buylimit at 81.90 selletop at 81.88
If master is modified to
Buylimit at 81.94 sellstop at 81.92
and so on
(this will enable the master and slave to enter market execution simultaneously)
but if it is a variable spread. Of course the spread will be changing,
from say: 1.8 t0 1.9 to 0.6
My question is, will the reverse module be able to know the current price as of when the master is being modified so as to allow both the master and slave to enter market execution at the same time?
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We suggest to add the following extra options:
extern bool CopyBuy = true;extern bool CopySell = true;
extern bool CopyBuyStop = false;
extern bool CopySellStop = false;
extern bool CopyBuyLimit = false;
extern bool CopySellLimit = false;
So pending orders will be copied as market orders once it will become market orders.
Extra cost of the upgrade is +$60.
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Hi,
I'm interested on this modify:
<<<<<<<
We suggest to add the following extra options:
extern bool CopyBuy = true;
extern bool CopySell = true;
extern bool CopyBuyStop = false;
extern bool CopySellStop = false;
extern bool CopyBuyLimit = false;
extern bool CopySellLimit = false;
So pending orders will be copied as market orders once it will become market orders. >>>>>>
Have you done this?
please let me know
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Right.
Pending orders will be copied as market orders once it will become market orders.
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Dear boris,
Thank you for the quick response.
The new reverse module version now has all that i needed.
My question now is how would it be used or combined with the copytoolpro or the new Power-trade-Copier?
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You can use it with CopyToolPro, but if you want to use it with new metatrader multiterminal (PowerTradeCopier) we can add this function for you for additional fee.
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Dear Boris,
I am still awaiting your response as regards the additional function (reverse module) that i want added to PowerTradeCopier (STP mode). Your charge for it.
P.S: Will the reverse work well with 5-digit variable spreads?
Thank you
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Sorry, we have finalized development 3 modules of PowerTradeCopier forex software: Copier, Provider and Trader. We will finalize STP mode within this week.
We can add reverse module for additional 300 USD.
regards,
Boris
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Please, keep me posted. We will discuss about the additional feature when the STP mode is ready.
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That's okay. I will want it added as a single software to the STP mode.
What will the fee (reasonable) be, altogether?
Thank you, once again.
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Hi Boris;
I am new to using CopyTool and hope you can answer a question. Is there a way to stop Slave accts from taking trades from the Master while continuing to have the Master manage already open trades. When I first started using CopyTool I believe setting LotType=FX and FX.FixedLot=0.00 would accomplish this. This no longer works. Any help you can give? TK
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Do you mean CopyTool or PowerTrader? Please, contact me via e-mail: admin@iticsoftware.com
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For master that having EURUSD. and EURUSD in Slave, the Mapsymbols.txt need to put on Master platform terminal or Slave platform?
Where to find
extern bool MapSymbols = false
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Abd you should open slave script with any test editor or MQL editor:
#property copyright "© 2005-2010 BJF Trading Group"
#property link "http://www.iticsoftware.com"
#property show_inputs
#define major 3
#define minor 3
//-----------------------------------------------------------------------------
extern string ___tmp1_____________ = " --- Main settings ---";
extern string ChannelID = "F5AC-11DB-BBA8";
extern int Timer.msec = 1000;
extern bool CheckConnection = true;
extern bool MapSymbols = false; // should be MapSymbols = true;
extern string MapSymbolsFile = "MapSymbols.txt";
...........
etc.
You should save txt file on slave side.
Than open txt file and write:
//---------------------------------
// Master => Slave
//---------------------------------
USDCHF => USDCHF.
GBPUSD => GBPUSD.
EURUSD => EURUSD.
USDJPY => USDJPY.
USDCAD => USDCAD.
[OTHER_SYMBOL] => [OTHER_SYMBOL].
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It seems that it does not work.
Master is having dot after symbol. For example EURUSD.
Slave is EURUSD
The file is saved on slave terminal under MT4\Expert\File as MapSymbols.txt
and Slave script is added with the above bool and string.
Still getting the error on expert tab log that
s-mtfx_s EURUSD H1: [Main] Does GBPUSD. present in the Markewatch windows?
s-mtfx_s EURUSD H1: [Main] Does EURUSD. present in the Markewatch windows?
s-mtfx_s EURUSD H1: [Main] Does "EURUSD." symbols present in the Markewatch windows?
.
.
.
.
Wonder what wrong? Not supported (dot)?
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Please, provide us with teamviewer.com ID/password for remote help. Please, send ID/password via e-mail: support@fxstrategy.ca
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Thanks. It was solved
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Hi John,
What was the resolution to your problem? Getting something similar.
Thanks,
Scott
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Please, contact us support@iticsoftware.com and we will help to resolve any issue.
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Please can you tell me how does your software close % of trade ? IE: master opens 1.0 and close 0.5
will the client deduct 0.5 or close the complete order and open a new order for 0.5 ?
Many Thanks
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How partial close processed by MetaTrader4?
Partial close in MetaTrader = close of old order and open of new order with reduced lot size.If you close 0.1 lot of order A with 0.5 lots then MetaTrader closes order A with 0.5 lots and opens new order B with 0.4 lots.
How partial close processed by CopyTool account copier?
Partial close on master = close of order A and open of order B.
Slave receives 2 commands: close old order A1 (linked to order A on master) completely and open new order B1 (linked to order B on master) with new lot size.
Further behaviour based on LotType parameter.
Case A (perfect result):LotType = "MS";
MS.LotRatio = 2.0;
master: open 0.3 lots
slave: open 0.6 lots
master: close partial 0.1 lots = close of 0.3 lots and open of new order with 0.2 lots
slave: close completely 0.6 lots and open of new order with 0.4 lots (= 0.2 master lots * 2 ratio)
Case B (ambiguous result):
LotType = "FX";
FX.FixedLot = 0.5;
master: open 0.3 lots
slave: open 0.5 lots
master: close partial 0.1 lots = close of 0.3 lots and open of new order with 0.2 lots
slave: close completely 0.5 lots and open of new order with 0.5 lots (= FX.FixedLot)
Case C (ambiguous result):
LotType = "BP";
extern double BP.BalancePcnt = 10.0;
extern double BP.BalanceBasis = 1000.0;
Case C similar to case B.Reply to this
Other languages (MetaTrader Account Copier CopyToolPro):
English | Español | Français | Deutsch | 日本語
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Kindly inform if trades must first be fillied on the master b4 action is copied to slaves.
I wish for a system that can effect same trade action (instant buy or sell) simultaneously on all accounts both master and/or slave without any having to be filled first b4 trade can be copied. Can copy tool be modified to do this if it cant at the present version?
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We can offer extended version of Slave script.
Extra cost is $89.
This version includes 3 features: Time filter, Price Difference filter and Copy permissions.
extern string ___tmp4_____________ = " --- Filters ---";extern bool TimeFilter.On = true;
extern string TimeFilter = "2010.01.01 0:00";
extern bool PriceDiffFilter.On = true;
extern string PriceDiffFilter = "[-1000, 1000]";
extern string Buy.Permissions = "[Open: yes] [Modify: yes] [Close: no]";
extern string Sell.Permissions = "[Open: yes] [Modify: yes] [Close: no]";
extern string BuyLimit.Permissions = "[Set: yes] [Modify: yes] [Delete: yes]";
extern string SellLimit.Permissions = "[Set: yes] [Modify: yes] [Delete: yes]";
extern string BuyStop.Permissions = "[Set: yes] [Modify: yes] [Delete: yes]";
extern string SellStop.Permissions = "[Set: yes] [Modify: yes] [Delete: yes]";
/*Time filter
TimeFilter prevents copy of orders with OrderOpenTime older than TimeFilter value*/
/*Price Difference filter
For market Buy order price_diff calculated as slave ask price - master order_open_price.
For market Sell order price_diff calculated as master order_open_price - slave bid price.
For pending orders this filter is ignored.
Example 1:
[-1000, 1000]
Copy new order if price difference (or price_diff) is anywhere between -1000 and 1000 pips.
Example 2:
[-10, -20]
Copy new order if price_diff is negative and between -10 and -20 pips.
So we copy order only if the market goes in StopLoss direction and we are on some distance from open price.
Example 3:
[50, 30][-30, -50]
Copy new order if price_diff is positive between 50 and 30 pips or negative between -30 and -50 pips.
We copy order only if the market goes in TakeProfit direction or in StopLoss direction and
we are on some distance from open price.
PS. Please keep in mind that if Master and Slave are different brokers then there is some slippage
value between Master Bid and Slave Bid prices so on open of new order on master terminal
price_diff is not equal to 0.
*/
/*
Copy permisions:
This is the list of allowed commands for different types of orders
*/
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My ea works great on a demo, but not on a live account. Can you set it up where if the demo get's in.. no matter what kind of order.. limit or whatever on the demo, the live account will enter the market. The spreads seem to be different from live and demo accounts so the demo gets in and the live does not.
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We can add additional module to our "CopyToolPro" metatrader account copier for extra fee: 45 USD
Fell free to contact me via e-mail
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can your copy tool software copy orders to the slave terminal which is placed at different terminal, & will the orders executed over the net
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Hi,
You can use copytoolpro if you know your clients account # and passwords. You should run all terminals on your PC. If you do not know passwords for your clients accounts, you can use our multiterminal "PowerTradeCopier" provider mode. You should put only account number on your side. you clients can put passwords and adjust trading parameters on their sides. You can control: add/delete/block/unblock clients on your side.
More information about Metatrader Multiterminal "PowerTradeCopier"
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Boris,
I have several accounts of my customers, I could use one as master and others like slave..ok, all accounts are in the same broker, my problem is I could not install your demo copy tool, I know perfectly how to install an script but I can understand how to install the installer or the first part of the software, can you help me?.
Instead of that, this is a very powerfull software and think I'll buy it.
Best regards,
Luis
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Dear Luis,
Please, install and run teamviever (.) com software and provide us with ID and password via e-mail for remote help
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i have followed all software instruction but it still shows "cannot find multitrade fx window !!!" on both slave and master. what do i do?
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Please, contact our tech support via e-mail support@fxstrategy.ca from e-mail associated with your order and we will resolve all issue.
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I am demo testing CopyToolPro. It looks good so far. My question is: can I have 2 EA's running on different pairs on the master and have orders from both EAs sent to the slaves?
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Yes, sure. You can use several EAs on master and copy trades to slaves.
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I'm not sure how. When I try to set up the 2nd script I get a message stating that I can only have one instance of the script running. Do I need a second master?
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Please, contact our tech support from e-mail associated with your order
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Boris, what reliability expectation should I hope for using PowerTradeCopier ? Does it perform well enough to limit downtime to a minimum? If I purchase Provider Mode for 5 slaves can I upgrade later to unlimited? Will it copy trades to an MT4 that is bridged to Jforex (Dukascopy)
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Limit downtime(delay) for metatrader multiterminal PowerTrade copier= 0 .
Delay depends only from broker execution time (how long broker will accept your order).
You can upgrade license any time (you should pay just difference between new and old license).
>Will it copy trades to an MT4 that is bridged to Jforex (Dukascopy)
Yes, it will copy.
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Out of the Four versions available to me, please advise which is the best solution for the following arrangement: Master on a dedicated server providing signal for unlimited slaves, all slave account passwords available to me, my concern is how many client MT4's can I have parked on my server. STP mode seems to be the solution, but if the Master and the Slaves are on the same server, how does it work if the slave terminal is not running? Also, I assume I can have a technician from iticsoftware install on my server for additional fee? Thanks.
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If you know slave passwords, you can use Copier Mode. We will install software for you for free.
All upgrades and support including installation and adjusting are free for charge.
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I am using Power Trade Copier for my signal service. I have clients at FXCM which is an ECN broker so their MT4 is bridged to their trade station. This arrangement requires all orders to be in multiples of .10 which means I can't copy trades using percentages or a multiple of the Master account. Is there a way to modify the trade parameter to round up or down to the nearest increment of .10? Most all of the large brokers are going to the ECN model and they will probably all have the same problem in the future. If this is possible, I would like to have the modified script immediately. Thanks.
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This feature is already implemented in Multiterminal PowerTradeCopier. Please, contact our tech support for assistance.
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Can Power Trade Copier be modified to round up or down to the nearest increment of .10 lot size in order to accommodate the brokers like FXCM and Dukascopy that have their MT4 bridged to their ECN trade station? I am unable to copy using the percentage parameter because orders that are not in increments of .10 are rejected. All of the large brokers are going to the ECN model and all of them are bridging the MT4 to their ECN platform. For instance, master trade is .4 lots and copy parameter is set at .3 on a smaller account, the slave copy trade will be .12 lots which will be rejected because the ECN model requires trades in increments of .10
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Please, contact to our tech support for assistance.
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I would want to copy trades based on a list of magic numbers and possibly specific pairs.
Would I modify the scripts to do that? I've looked over the demo doc. I may have missed it, but I see no other way.
Thanks!
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We can modify scripts by your order for some extra cost.
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