Review of Coppy Master trade copier for MetaTrader 4 and MetaTrader 5
Trade Copier for MetaTrader 4 and MetaTrader 5 is a utility that allows you to quickly and efficiently copy trades between accounts on the MetaTrader 4 and MetaTrader 5 platforms. It has a wide range of settings and options that allow you to tailor copying trades in accordance with your trading strategy and preferences .
This utility is called Coppy Master and is available on the MQL5 Market website, where you can also test its demo version before purchasing. This is a great way to ensure that the tool meets your expectations and requirements.
“Trading is the art of turning volatility into profit. And a good trade copyist helps in this skill.”
Key features of the deal copier
Copier for MT4 and MT5 supports high speed copying of trades with a delay of no more than 0.5 seconds. The main functions of the utility include:
Multi-channel copying – copying transactions from one account to several or from several to one.
Interaction with different types of accounts – copying between real and demo accounts.
Support for order types – copying market and pending orders, both long and short.
Synchronized closing of trades – trades on the recipient account must be closed at the same time as they are closed on the master account.
Using a Copier as a replacement for a missing EA version – If you have an MT4 EA but no MT5 version, you can use a Copier to translate trades from MT4 to MT5. This will help you make the most of your strategies on both platforms.
Basic utility settings
Among the main parameters and settings are:
Copy type (master or recipient) to precisely define the role of the account.
Risk management and restrictions on maximum losses per day, number of transactions, etc.
Symbols to copy and exclude, as well as adding custom symbols for correct display.
Volume settings (lot, multiplier, risk percentage) for flexible management of your trading portfolio.
Copying signals from multiple providers – the utility allows you to copy signals from multiple providers and broadcast them to a single different account. This is useful if you want to optimize your trading results by combining the best strategies from different providers. You can also use this copier to act as a signal provider yourself, transforming transactions from different accounts into a single channel and broadcasting them to your subscribers.
Benefits of Trade Copier for MT4 and MT5
High copying speed – respond to any changes in the market by means of copying with a delay of no more than 0.5 seconds.
Multi-channel copying – copying from several masters to one account and back.
Compatible with virtual servers from MQL5 – full support for VPS from MQL5, which ensures stable copying 24/7.
Versatility of use – the copier is useful not only for traders who want to optimize their trading, but also for those who want to create their own signal delivery system. For example, if you have multiple accounts managed by different advisors, you can combine their results and provide them as a single signal to your clients. – the copier is useful not only for traders who want to optimize their trading, but also for those who want to create their own signal delivery system. For example, if you have multiple accounts managed by different advisors, you can combine their results and provide them as a single signal to your clients.
Demo version for testing – before purchasing Coppy Master, you can test its demo version on the MQL5 Market website. This will help you better understand how the copier works and how well it suits your needs.
“Trading signals is like conducting an orchestra: it is important that each instrument sounds on time and in harmony. The trade copyer helps the trader to be a real conductor in the financial markets.”
Application in real trading
The Trade Copier will be especially useful for those who use different trading platforms or work with multiple signal providers. For example, if you have an Expert Advisor for MT4, but need a version for MT5, using a copier you can simply transfer trades from one platform to another, saving all settings and minimizing risks.
The copier can also be used if you want to receive signals from several different providers and transform them into a single trading strategy. Thus, you can minimize risks and increase profitability by combining different trading approaches.
Basic settings for successful copying
For the copier to work effectively, it is important to configure all settings to suit your needs:
Determine what types of trades should be copied (buy, sell, pending orders).
Set up risk management to protect your trading capital.
Use flexible volume and risk management parameters to achieve maximum efficiency.
Don’t forget to also take into account the specifics of your trading style. For example, if you are using an aggressive strategy, it is important to carefully monitor your risk management settings to avoid significant losses.
Conclusions
Trade Copier for MT4 and MT5 is a powerful utility that allows traders to quickly and efficiently repeat trades across multiple accounts. Thanks to a wide range of settings and high response speed, it is useful for both professional traders and beginners. The Copier is especially useful for those who work with multiple platforms or signal providers, wish to transform their trading ideas into a single flow, and even act as a signal provider for others.
Coppy Master is available on the MQL5 Market website and you can test its demo version to make sure that this tool is ideal for your trading strategy. Don’t miss the chance to increase your efficiency and improve your trading results.
“Trading is a continuous risk management. And the trade copier is your faithful assistant in this complex but exciting process.”
Use Trade Copier to make your trading more flexible and efficient, and get the maximum benefit from every trade.
You can download demo versions of Coppy Master for MT4 and MT5 to try out the features and functionality of the copier before making a full purchase. Follow the links below to access demos:
