Find out how to set up and run
1. Obtain the Coppy Grasp utility from the MQL5 market and set up it in each terminals – the one from which trades will likely be copied (Grasp) and the one to which they are going to be transmitted (Receiver).
2. Open a chart of any instrument in every terminal and drag the utility onto the chart.
3. Within the parameters, set the mode:
- Copier Mode = Grasp — on the terminal the place trades are opened manually or by an advisor.
- Copier Mode = Receiver – on the terminal that ought to settle for and open the identical transactions.
4. For the Receiver mode, within the Grasp Accounts parameter, specify the Grasp account quantity separated by commas (for instance, 1234567).
5. Necessary! Each terminals should be working on the identical gadget or VPS for copying to work immediately. Communication between them happens by shared recordsdata within the Frequent Information folder.
Demo entry for testing
You may get free demo model Utilities for testing the copier’s operation between your terminals. Simply let me know within the feedback or through non-public message—I am going to ship you a demo file to check the Grasp and Receiver.
How does this work
Whenever you open a commerce within the Grasp mode terminal, the utility routinely data its parameters (image, quantity, SL, TP, and so on.) in a shared file. The Receiver mode terminal reads this information and replicates the commerce on its aspect. Copying modifications, closes, trailing stops, and breakeven can be supported.
Grasp and Receiver — What is the Distinction?
Grasp is a supply of offers. All the things that occurs on this account is transmitted to different terminals.
The Receiver receives information from the Grasp and copies it, opening and shutting positions in full accordance.
This manner you’ll be able to copy trades:
- from MT4 to MT4,
- from MT4 to MT5,
- from MT5 to MT4,
- from MT5 to MT5.
The path of copying doesn’t matter – it is sufficient to merely specify the identical settings and account numbers.
Find out how to join MT4 ↔ MT5
For communication between various kinds of terminals (e.g. MT4 → MT5):
- Run Coppy Grasp in MT4 as Grasp .
- Run Coppy Grasp in MT5 as Receiver .
- Make sure that each terminals are utilizing the identical Frequent Information folder.
- In MT5, enter your MT4 account quantity within the Grasp Accounts parameter.
Now all trades from MT4 will routinely seem in MT5.
Suggestions to be used
- Set the identical Magic Quantity for simple order management.
- For those who do not need to copy all symbols, use the SymbolsToTrade and ExcludedSymbols parameters.
- If obligatory, you’ll be able to allow ReverseTrades to repeat trades in the wrong way (Purchase → Promote, Promote → Purchase).
- Danger management capabilities ( MaxTradesPerDay , MaximumLossForTheDay , and so on.) let you routinely cease copying when limits are exceeded.
- To attach MT4↔MT5, you’ll want to set up the utility on each platforms and use the identical model of this system.
Conclusion
Coppy Grasp is a dependable and versatile instrument for merchants who want to repeat trades between their accounts or between completely different MetaTrader terminals. It helps refined threat administration logic, image verification, copying modifications and cease orders, and safe 24/7 operation on a VPS.
You probably have any questions or would really like a demo, simply write right here and I am going to enable you set the whole lot up step-by-step.
Coppy Grasp Model
🔵 Coppy Grasp MT4 Model
🔴 Coppy Grasp MT5 Model
