26/05/ · The only way to go for serious use of ea's is a VPS Virtual Private Server. Monthly fee of around $ Saves you from power outage and server outage 03/05/ · Installing multiple EAs is no different from installing a single EA. Follow the next steps: Copy the Expert Advisor file .ex4 blogger.com4) into the MQL4Experts folder. You can find this folder inside of the “Data Folder” of your MT4 trading terminal. To find “Data Folder”, go to “File -> Open Data Folder“ Accepted Solution. Re: Using two EA accounts on the same computer? @JJWenderman no you can only be signed in one one computer at a time with an account. You will need to make a new account and re buy the game to not mess up their game/achievements as there is no way to have two different stats save on one account
How to Copy Forex Robot Trades to Multiple MT4 Accounts
Therefore, a good way to do this is to use a forex trade copier software called the Local Trade Copier LTCwhich has been used by hundreds of traders and account managers since The master account is a regular MT4 account but we call it master because you choose to send trades from this account to another account. Consequently, if your Forex EA initiates trades on the master account, the same trades are automatically replicated to the other accounts, eliminating the need to manually enter the same trades on every MT4 platform.
The forex market is fast-moving and changes usually happen very fast. Thus, if you want to cling to manually replicating trades to several accounts, you can make costly mistakes that can greatly reduce your profits, how to use forex ea on another computer.
If your EA works only with a particular broker, you can set up the LTC trade copier and copy its trades to other MT4 accounts provided by other brokers. If you have a single EA license for one MT4 account, and using it on other terminals requires purchasing additional licenses, you can set up the How to use forex ea on another computer trade copier, and avoid buying the extra licenses. If your Forex EA works well on a demo account, and using it on a live account requires purchasing a full version, you can set up the LTC trade copier to duplicate trades from a demo account to a live account, and avoid buying the EA.
With the LTC trade copier, you can successfully create an investment portfolio of several MT4 accounts and become an independent account manager without signing lengthy contract agreements. Today, the forex industry is littered with unregulated brokers who are out to siphon money from unsuspecting traders. But if you are forced to open an account with an unregulated broker to use some trading strategy or signals then you can safely duplicate trades to other MT4 accounts you can have with reputable and trusted brokers in your home country.
PAMM accounts are the invention of some brokers to gain as much as possible from their clients. Therefore, instead of operating an expensive PAMM account, you can trade several accounts simultaneously using a trade copier, and greatly minimize your costs. The initial step is to install multiple MT4 trading platforms on your computer or VPS server. You can use the same process as a normal MT4 installation.
Importantly, remember to choose different installation destinations for every MT4 terminal. On the page, you can choose the installation folder and give the platform an appropriate name. It is essential you give each platform a unique and easily identifiable name. This way, accessing the one you need is easy. Before starting the configuration process, you should choose the MT4 platform to act as your main account; that is, your Master account. You can have as many Master accounts as your computing power can allow.
A master account is also referred to as a server account, how to use forex ea on another computer, sender account, or provider account. You will be executing trades on your Master account, which will be automatically replicated to the other Client MT4 accounts which are also called follower, slave or receiver accounts.
You can use various strategies for opening trades on the Master account, including manual trading, Forex Robots a. To successfully copy trades from the Master account to the other accountsyou should ensure that all the MT4 platforms are running. When logging into the Master account, you can use either the Main or Investor read-only password.
However, when logging into the Follower accounts, you should only use the Main password. Thereafter, you need to carry out basic configuration to enhance the capabilities of the MT4 platform to trade multiple accounts at once—a feature inherently missing on the platform. Once installed, the software will ensure you easily copy forex trades to several MT4 accounts without modifying the parameters, such as stop loss and take profit levels. When a trade is initiated, altered, or closed on the Master account, the same action will be mirrored on the Client accounts immediately.
It does not matter who opened how to use forex ea on another computer trade, it will be copied to all client accounts connected. You can also copy and paste its files manually on every MT4 data folder.
The software will scan your computer to locate all available MT4 platforms. Next, the auto-installer will provide a list of all the MT4 platforms available on your computer; requiring you to select your preferred installation location for the LTC Server EA. If you intend to set up multiple Master accounts, you can select multiple destinations. On the other hand, if you want to deal with only one Master account, choose only one MT4 from the list.
Consequently, the LTC Server EA files will be installed on your computer. Linking LTC Server EA to the Master account will assist you to duplicate its trades easily to the other slave accounts. You should desist from attaching other indicators or scripts on the same chart the EA is running on. Another important thing to note is that you need Server EA only on one chart of any instrument. It does not matter what instrument it is running on, the trade copier will still be copying trades from all instruments.
For a start, you can keep the other default settings and make modifications later as you continue using the EA.
The EA will automatically scan the MT4 platform for any new trades or existing trade modifications and replicate them to the Client accounts. Linking the LTC Client EA to MT4 client platforms is relatively the same with linking the Server EA to a Master account, albeit with few differences, how to use forex ea on another computer.
You need to link the Client EA to all the MT4 platforms you intend your trades to be replicated to. After launching the Client EA, you should attach it to a single empty chart for every MT4 client account on your computer. Operating the Client EA does not require a license key, which makes it easier to run the LTC software, and maximize your trading gains.
The Client EA will continuously listen to all the Server EA signals and apply them immediately without making any changes to the parameters. Once your MT4 accounts are linked together and ready to copy the trades you can now open new empty chart windows for your Forex Robot that will generate the trades.
Bollinger Band EA parameters on MT4 terminal. Note that MT4 allows having charts open. One of these charts must be allocated to the LTC Server EA that we already have running. The rest 99 charts how to use forex ea on another computer be allocated to any Forex Expert Advisors you want to use.
Most people use one Forex EA per account but if you are an automated trading freak like we are and run dozens of Forex Robots then you need to use MyMT4Book to analyze your Forex trades. Once Forex Robot executes a trade on the Master account the same trade is duplicated on the other Client accounts without altering the parameters.
You can use a demo account to make this trial. Copying forex EA trades to multiple How to use forex ea on another computer accounts is that simple and straightforward. If you run into any problems, you can fix them easily by looking at the causes on the MT4 log files. Gone are the days when duplicating trades to other accounts required a trader to enter the trades manually, which usually results in missed opportunities and heavy losses—especially when a mistake happens. With the LTC trading software, you can effortlessly duplicate trades to other accounts and maximize your trading profits.
Your email address will not be published. Built using WordPress and OnePage Express Theme. Trade Copier How To's. Trade Copier for MT4. How to Copy Forex Expert Advisor Trades to Multiple MT4 Accounts How to copy trades across multiple MT4 Accounts. How to Copy Forex Expert Advisor Trades to Multiple MT4 Accounts admin July 7, Trade Copier How To's 0. Working with LTC is simple and enjoyable. Sounds fantastic? Why Copy Forex EA Signals To Other MT4 Accounts? Reduce human how to use forex ea on another computer The forex market is fast-moving and changes usually happen very fast.
Circumvent EA restrictions If your EA works only with a particular broker, you can set up the LTC trade copier and copy its trades to other MT4 accounts provided by other brokers. Create an investment portfolio With the LTC trade copier, you can successfully create an investment portfolio of several MT4 accounts and become an independent account manager without signing lengthy contract agreements.
Eliminate risk of unregulated brokers Today, the forex industry is littered with unregulated brokers who are out to siphon money from unsuspecting traders.
No need for PAMM accounts PAMM accounts are the invention of some brokers to gain as much as possible from their clients. A simple step-by-step procedure of setting up LTC Setting up LTC on an MT4 on your computer is easy and can be completed in less than 5 minutes, how to use forex ea on another computer. Local Trade Copier installation steps: Install multiple MT4 platforms Configure and login into the MT4 accounts Install the Local Trade Copier software Link LTC Server EA to MT4 Master account Link LTC Client EA to MT4 Client accounts Duplicate your first trade Step 1: Install multiple MT4 platforms The initial step is to install multiple MT4 trading platforms on your computer or VPS server.
MT4 Settings Button. Properly Naming MT4 platforms. Inputting MT4 Password. MT4 Tools Options. Expert Advisors section. Local Trade Copier software auto-installers. LTC Server EA Installation. Choosing Destination Location.
Trade Copier Installation Finished. MT4 Navigator Window. Choosing Destination Folders. LTC Client EA Installed Successfully. LTC Server EA attach to chart.
LTC Server EA settings. LTC Common Tab Settings. LTC License Key. LTC Client Server Send. Duplicate Trade Results. Previous: Previous post: How to Copy Trades Between MT4 Accounts Located on Different Computers. Next: Next post: Alternative to FX Blue Personal Trade Copier for MT4. Leave a Reply Cancel reply Your email address will not be published.
COMPLETE Step by Step Guide to Forex EA Trading! (Trading Account, VPS, MT4 and EA Install...)
, time: 14:01Running multiple EAs on MT4 trading terminal
Accepted Solution. Re: Using two EA accounts on the same computer? @JJWenderman no you can only be signed in one one computer at a time with an account. You will need to make a new account and re buy the game to not mess up their game/achievements as there is no way to have two different stats save on one account 03/05/ · Installing multiple EAs is no different from installing a single EA. Follow the next steps: Copy the Expert Advisor file .ex4 blogger.com4) into the MQL4Experts folder. You can find this folder inside of the “Data Folder” of your MT4 trading terminal. To find “Data Folder”, go to “File -> Open Data Folder“ 05/03/ · The use of EAs in multiple time frame analysis is huge. You can program the EA to analyze different time frame data based on different conditions. As soon as the conditions are filled the EA will notify you. In the past, traders needed multiple monitors only to analyze one single currency blogger.comted Reading Time: 4 mins
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