MT5 to MT5 Trade Copier: Unified Master-Slave Trade Replication for MetaTrader 5
Unlock seamless trade replication with the MT5 to MT5 Trade Copier, a powerful and versatile Expert Advisor (EA) for MetaTrader 5, now reengineered into a single, efficient solution. This updated version combines Master and Slave functionalities into one EA, allowing you to effortlessly switch between modes with a single parameter. Whether you're mirroring trades across accounts, managing client portfolios, or scaling your strategies across brokers, this all-in-one trade copier delivers precision, reliability, and simplicity—all in a single .ex5 file, perfect for MQL5 Market deployment.
Demonstration Video; https://youtu.be/wY81hr6LduI?si=GivNvEKK18rSbbul
Key Features:
- Unified Master-Slave Design:
- Seamlessly switch between Master (trade sender) and Slave (trade receiver) modes using a single input parameter (OperationMode).
- Reduces complexity by consolidating all functionality into one EA, meeting MQL5 Market’s single-file requirement.
- One-Way Trade Replication:
- Replicates trades from the Master to the Slave account in real-time using a file-based communication system.
- Supports both BUY and SELL orders, transmitting detailed trade data (symbol, volume, stop loss, take profit, position ticket) for accurate execution.
- Flexible Symbol Mapping:
- Automatically matches symbols across brokers by stripping common suffixes (e.g., ".micro", ".pro", "m", "z"), ensuring compatibility despite naming differences.
- Robust symbol detection minimizes errors in cross-broker setups.
- Trade Direction Reversal:
- Optional ReverseTrades feature (Slave mode) reverses trade directions (e.g., BUY to SELL or vice versa), perfect for hedging or contrarian strategies.
- Comprehensive Trade Tracking:
- Master mode monitors both deal history and real-time positions to detect and send new trades, ensuring no trade is missed.
- Tracks open and closed trades with unique trade IDs to prevent duplicates, maintaining accuracy.
- Reliable File-Based Communication:
- Uses a single shared file (MasterToSlave_<channelID>.txt) in the MQL5 common directory for secure and efficient data transfer.
- Includes retry mechanisms and file content verification for reliable operation.
- Streamlined Trade Management:
- Master sends 8-field messages for opening trades (channelID, tradeID, symbol, action, volume, stopLoss, takeProfit, positionTicket) and 5-field messages for closing trades (channelID, tradeID, symbol, CLOSE, positionTicket).
- Slave processes these messages to open or close positions with precision.
- Magic Number Isolation:
- Uses distinct magic numbers for each mode (MASTER_MAGIC = 123456, SLAVE_MAGIC = 999999) to isolate trades and prevent interference with other strategies.
- Queued Trade Processing:
- Slave mode features a queuing system to handle trade instructions during high-frequency trading, ensuring no trade is lost.
- Lightweight and Efficient:
- Optimized for minimal resource usage, ideal for running on multiple accounts or low-spec VPS environments.
- Unified codebase reduces redundancy while maintaining robust performance.
- User-Friendly Setup:
- Simple input parameters: OperationMode to select Master or Slave, channelID for unique file identification, and ReverseTrades for trade direction control.
- Automatic file initialization and cleanup on startup—no manual file management needed.
Why Choose the MT5 to MT5 Trade Copier?
- All-in-One Solution: Combines Master and Slave functionality into a single EA, simplifying deployment and usage.
- Precision: Accurately replicates trades with stop loss, take profit, and volume details intact.
- Flexibility: Supports cross-broker trading, trade direction reversal, and easy mode switching.
- Reliability: Robust error handling and retry mechanisms ensure consistent trade copying.
- Scalability: Perfect for managing multiple accounts, signal services, or client portfolios.
- MQL5 Market Ready: Designed as a single .ex5 file, fully compliant with MQL5 Market upload requirements.
Whether you're a professional trader, signal provider, or investor, the MT5 to MT5 Trade Copier empowers you to synchronize trading strategies effortlessly. Scale your operations with confidence and precision—all from a single, streamlined EA!