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The cap inner replicate trade EA utility permits you to copy trades within one account in a single terminal.

This has been a very useful tool if you have subscribed to a sign on the site mql5.com for the purpose of obtaining investment gains. The lot dimensions in the MT4 terminal obtained from the primary sign will probably be limited to reduce the risk. The lot size is very important, and the investment gain as a result will be tiny.

The utility permits you to increase the order size. By default, the utility is configured to mechanically increase the initial lot size by two. The lot multiplier you selected will be applied to the copied orders. The opening and closing process is set to work automatically. This is based on the original order. The utility also automatically copies the take profit and stop loss levels.

If you want to increase the size of the transaction three times

  • You only need to run the program on a single terminal graph. The expert Advisor will automatically work on all currency pairs.
  • For copied orders, you can set your own take profit/stop loss levels or copy them from the source.
  • The program can be tested in the strategy tester. During testing, random trades are opened, and the utility copies them. This allows you to test the expert Advisor before buying.
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— >The utility does not copy transactions from one terminal to another.

—> The product is enough to install on one pair. By default, the utility keeps track of all open characters.

—> A detailed description of the functions of the expert Advisor is available in our blog

— >The utility does not copy transactions from one terminal to another.

—> The product is enough to install on one pair. By default, the utility keeps track of all open characters.

—> A detailed description of the functions of the expert Advisor is available in our blog

Version for MT4 | MT5 version

Utility settings

  • Stop EA: when set to true, copies any trades.
  • MagicNumber: a magic number.

Filter copied transactions

  • Order Type To Copy: the type of copied orders.
  • MagicNumber To Copy: the magic number of copied orders. You can specify multiple numbers separated by commas (for example: 12222,1234687….). An empty value means that all orders are copied.
  • Symbol To Copy: symbol of copied orders. You can specify multiple characters separated by commas (for example: EURUSD,USDJPY….). An empty value means that all orders are copied.
  • Trade’s Comment To Copy: comments on copied orders. You can specify multiple comma-separated comments (for example: cap zone recovery ea, Universal…). An empty value means that all orders are copied.
  • Minimum Lot To Copy: the minimum lot to copy.
  • Maximum Lot To Copy: the maximum lot to copy.
  • CopyOnlyLossPosPoint: copy only trades whose loss is lower than the specified value in points.
  • CopyOnlyProfPosPoint: copy only trades whose profit is higher than the specified value in points.
  • Ignore All Exit Signal: if true, the utility will not close its trades when closing the original trades.
  • Allow Slippage In Points: the maximum allowed price slippage to open a trade.
  • Ignore Copy Existing Order: if the value is true, if there are trades when the program starts on the chart, the utility will ignore them.
  • Reverse Duplicate: if true, change the direction of the transaction (for example: if the original transaction is for purchase, then the copied one will be for sale).

Lot settings

  • Lots Type: the type of lot you want to copy.
    • LotMultiplier: lot multiplier. Lot size = lot multiplier * provider’s lot size.
    • Add Lots: additional lot, lot size = additional lot provider’s lot size.
    • Fix Lots: fixed lot.
  • Lot Multiplier: the multiplier of the lots.
  • Add Lots: the size of the additional lot.
  • Fix Lots: fixed lot size.
  • Minimum Lots Size: minimum lot size.
  • Maximum Lots Size: maximum lot size.
  • LotMultiplier: lot multiplier. Lot size = lot multiplier * provider’s lot size.
  • Add Lots: additional lot, lot size = additional lot provider’s lot size.
  • Fix Lots: fixed lot.

Take profit/stop loss settings

  • TP_SL Type: type of take profit and stop loss.
  • Fellow Original TP/SL: copy the original TP / SL.
  • Set New TP/SL: use new TP/SL values.
  • TakeProfit: new value of the take profit in points.
  • StopLoss: new stop loss value in points.

Breakeven settings

The configuration of the trailing

NOTIFICATION – notifications

  • Enable Email Alerts: sending a notification about the opening and closing of the transaction by email.
  • Enable Push Alerts: send push notifications about opening / closing a trade.

Mohammad Ali is a technical analyst, trader, programmer and founder of Capilta Business Solutions.

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Published

25 May 2017

Updated

11 December 2020

Current Version

5.10

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ozcoz December 26, 2020 2:12 pm
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Mohammad upgraded the EA so that changes to SL and TP amounts are reflected in the replicated trades. Thank you for this update. The reverse commerce function doesn’t work at all.