You can have as many Master accounts as your computing power can allow. A master account is also referred to as a server account, sender account, or provider account. You will be executing trades beginners guide to online forex trading 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. EA’s), personalized indicators, and signal providers. To successfully copy trades from the Master account to the other accounts, you should ensure that all the MT4 platforms are running. Therefore, you’ll need to login to all the MT4 accounts.
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. For each of the MT4 platforms, navigate to the Tools option located on the top menu, and click “Options”.
Scalper robot mumet Platform (with desktop.Next, move to the Expert Advisors section and activate “Allow Automated trading” as well as “Allow DLL imports”. The LTC Server EA (for installing on the Master account) The LTC Client EA (for installing on the Client accounts) scalper robot mumet Local Trade Copier software auto-installers. Once installed, the software will ensure you easily scalper robot mumet copy forex trades to several MT4 accounts without modifying the parameters, such as stop loss and take auto trading software india profit levels. When a trade is initiated, altered, or closed on scalper robot mumet the Master account, the same action will be mirrored on the Client accounts immediately. It does not matter who opened the scalper trade robot mumet, it will be copied to all client accounts connected. a) Install the LTC trade copier software on Master accounts. To install the LTC software on a Master account, you’ll need to run the LTC Server EA auto-installer. 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. When scanning is completed, you’ll be prompted to click “Next” to proceed with scalper robot mumet the installation process.
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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 scalper robot mumet the LTC Server EA. If you intend to set up multiple hedge fund forex trading strategy Master accounts, you can select multiple destinations.
On the other scalper robot mumet hand, if you want to deal with only one gekko trading bot software Master account, choose only one scalper robot mumet MT4 from the list. Consequently, the LTC Server EA files will be installed on your computer. If you want to launch scalper robot mumet the MT4 right away, you can select scalper robot mumet the “Run MetaTrader 4” option. Lastly, click “Finish” to complete the installation process. Once the installation is finished, you may scalper robot mumet need to restart the MT4 platform or refresh the platform’s Navigator window for the LTC server EA to appear under the “Expert Advisors” section. b) Install the LTC trade copier software on Client accounts. Installing scalper robot mumet the LTC software on the Client accounts relatively follows the same process as installing it on a master account; the only distinction is the MT4 platforms you’ll choose scalper robot during mumet the installation process. You’ll choose the scalper robot mumet platforms that will act as Client accounts and receive trading instructions from the Master account.
Scalper robot mumet Strategies.Here’s how you can choose different Client MT4 terminals from the list. After you’ve selected the platforms, click “Next” to install the LTC Client EA on them. When the installation process is complete, you’ll be provided with a list of MT4 platforms that act as Client accounts.
Linking LTC Server EA to the Master account will assist you to duplicate its trades easily to the other slave accounts. Right click on the EA and choose martingale ea with trailing stop “Attach scalper robot mumet to a chart” option.
This way, the scalper robot mumet EA will be directly attached to the present active chart window. Double click on the EA in the MT4 Navigator window. This way, the EA will be directly attached to the present active chart window. Click and drag the EA from the navigator to your preferred active chart window.