MT4copier Local
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called MT4copier Local. It places pending orders and can size trades from your risk. It has 20 settings, for example File State (default orderdata.txt), Pause (default 0) and Save All Magic (default true). Watch it on a demo account for a while — robots can behave differently with each broker. Inside: 2 EA files with source code (.mq4) you can open and edit in MetaEditor and a PDF guide. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Expert advisor · MT4 · v1.0 · Free
About MT4copier Local
MT4copier Local is an expert advisor (trading robot) for MetaTrader 4. It places pending buy/sell stop or limit orders and can size trades from your balance and risk percent. It has 20 settings, such as File state, Pause and Save all magic. MQL source code included.
Files in the download: !MasterLocal_v0.mq4, !SlaveLocal_v0.mq4, Instruction.pdf, Ä»¿ßá¡¿ÑLocal.doc.
Trading robots can lose money. Check every setting and test on a demo account before using real funds.
Settings
| Setting | Default | What it does |
|---|---|---|
| File state | orderdata.txt | , experts\files |
| Pause | 0 | , (0- ) |
| Save all magic | true | , =false, OnlyMagic |
| Only magic | 0 | , , 0 - () |
| Inf0 | ---- Copy ---- | |
| Inf1 | ---- Trade ---- | |
| Open delay allowed | 0 | , (0 - ) |
| Price deviat allowed | 10 | , (0 - ) |
| Market watch | false | , . (false - ) |
| Only market | false | . (false - ) |
| Slippage | 3 | Maximum slippage allowed when opening a trade |
| Minimum margin | 0 | , . (0 - ) |
| Lots | 0 | . =0, PartMasterLot |
| Part master lot | 1 | -. =0, |
| Magic | 777 | Magic number that tells this EA's orders apart |
| Inf2 | ---- Pair ---- | |
| Add suffix | , | |
| Minus suffix | 0 | , |
| Nr string | 1 | |
| Pause sec | 10 |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Experts.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the expert advisor from the Navigator onto a chart, check the settings, allow Algo/Auto Trading and press OK.
- Test it first on a demo account or in the Strategy Tester.
Tags: Trade Copier · Pending Orders · Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code