Frequently Asked Questions

Frequently Asked Questions - Local Trade Copier EA MT4/5©

What is Local Trade Copier EA MT4/5© and how does it work?

Local Trade Copier EA MT4/5© is a fast and reliable trade copying solution that allows you to copy trades between MetaTrader 4 and MetaTrader 5 terminals running on the same Windows computer or Windows VPS. It supports multiple copying modes and extensive customization, making it suitable for both beginners and professional traders.

Is there a free demo available before purchasing?

Yes. Free demo versions of Local Trade Copier EA MT4/5© are available on the Download Free Trial page of this website. The demo is fully functional for 4 hours per session and works on demo accounts only.

Are there any subscriptions or recurring fees?

No. Local Trade Copier EA MT4© or MT5© can be purchased with a one-time payment of $50, with no contracts or recurring charges. Optional rental plans are also available: $30 for 3 months or $40 for 6 months.

How many activations are included?

Each purchase includes 20 activations, allowing installation and use across multiple terminals, computers, and VPSs.

Do you provide setup help and after-sales support?

Yes. Comprehensive Getting Started, Settings Documentation, and Troubleshooting guides are available. If further assistance is needed, you may contact us via our MQL5.com profile or email us at info@juvenille-emperor.com. Responses are typically provided within a few hours, including weekends and public holidays.

What operating modes does the EA support?

Local Trade Copier EA MT4/5© offers three modes:
• Transmitter – sends trades to other accounts
• Receiver – receives trades from one or more transmitters
• Self Copier – copies or multiplies trades within the same account

How fast are trades copied?

Under optimal conditions, trades are copied and closed in under 0.5 seconds. Actual speed depends on VPS performance, terminal stability, and broker execution quality.

Can trades be copied between demo and live accounts?

Yes. All combinations are supported: real→real, real→demo, demo→real, and demo→demo, across all brokers.

Does the EA support MT4 and MT5 cross-copying?

Yes. The EA supports MT4→MT4, MT4→MT5, MT5→MT4, and MT5→MT5 copying. To copy between MT4 and MT5 terminals, both the MT4 and MT5 versions must be purchased.

What are the recommended PC or VPS requirements?

Performance depends on how many terminals are running:

• 2 terminals: 2 CPU cores, 4 GB RAM
• 3–5 terminals: 4 CPU cores, 6 GB RAM
• 7–8 terminals: 6 CPU cores, 12 GB RAM
• 10–15 terminals: 8 CPU cores, 16 GB RAM
• 30+ terminals: 16–24 CPU cores, 48–64 GB RAM

Additional recommendations:
• VPS located close to broker servers
• 50–100 GB SSD storage
• Latest compatible Windows Server OS

How many MT4/MT5 terminals can run on one system?

MetaTrader allows up to 32 terminals per Windows user profile. Each terminal should host one transmitter or receiver. More terminals can be run using multiple user profiles, depending on hardware capacity.

Is HFT or news trading copying recommended?

High-frequency trading and copying during major news events are not recommended due to slippage and volatility. For best results, trades should remain open for at least 4–5 seconds.

Can I use the EA on macOS?

Yes. You can run it via Windows emulation software (such as Parallels or Wine) or by using a Windows VPS.

Can it copy trades from MQL5.com signal subscriptions?

No. Copying trades from transmitter accounts that are simultaneously subscribed to other signal services (e.g., MQL5.com Signals, AVA Copy Trading, or TitanFX Social Trading) is no longer permitted. However, trades from other signal or social trading platforms are supported.

Does it support read-only (investor) accounts?

Yes. Trades can be copied from read-only transmitter accounts using the investor password.

What lot size and risk options are available?

The EA offers 18 lot-size calculation methods, including fixed lots, balance- or equity-based scaling, risk-percentage models, and symbol-specific multipliers.

Can I filter which trades are copied?

Yes. Trades can be filtered by magic number, symbol, comment, volume, or order number for precise control.

Is scheduled copying supported?

Yes. You can define specific days and times during which copying is allowed or paused.

How are TP and SL levels handled?

You may copy original TP/SL levels or customize them on the receiver side using multipliers, virtual levels, or risk–reward settings.

What is Reverse Copying?

Reverse Copying opens opposite-direction trades on the receiver. A buy on the transmitter becomes a sell on the receiver, and vice versa.

Can pending orders be copied?

Yes. Pending orders can be copied directly or converted into market orders once triggered.

Does the EA support automated trade closing?

Yes. Receiver trades can close automatically based on transmitter closures, time rules, TP/SL levels, drawdown limits, or profit targets, including partial and delayed closures.

What risk management tools are included?

Risk controls include maximum risk per symbol, currency, or account, along with emergency equity and drawdown protections.

Are notifications available?

Yes. Email and push notifications are available for trades, account status, and emergency events.

How does the EA handle symbol differences across brokers?

Prefix, suffix, and special symbol mapping is supported automatically or manually for full broker compatibility.

Is Local Trade Copier EA MT4/5© fully automated?

Yes. Once configured, the EA operates 100% automatically, without manual intervention.