I'd like to offer an interesting tool for traders who want to automatically copy trades from other accounts. It may be especially useful now for those who are watching AT championship Participants - Automated Trading Championship 2007
Imagine that you can copy al trades from the winning accounts or copy reversed trades from loosing accounts to your real account. The appliance is really wide.

TradeCopy is a software system of combination of 2 mql4 scripts, which can duplicate all trading operations from one or even several Metatrader 4 terminals (slaves) to another (master). The system is very flexible to use - you may copy lot sizes from slaves or adjust them, you may set master to calculate lot sizes with MM function in master account, you may set slaves to reverse the trades (useful when copying trades from some badly loosing account).
Slave scripts will work even on accounts accessible only by read-only (investor) passwords.

Software solutions and custom programming - products

Does it work on one computer only? Or via internet as well?

very interesting .. signals can be used in this way.

Looks like it works on one PC - one script saves trades to a file and the other script on the other MT reads that file and if any new trades appear, it immediately opens them.
With some advanced scripting skills you can make it work via internet.

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MQL4 programming is easy ^^

It is very difficult to do it via internet because of delay and different data feed for many brokers. Many people tried so what is why I asked.
May be, it is just simple tool which may work inside one network.

yes, it works on your local computer by saving to files and reading them.
it is possible to make sending files over internet, but i do not see a sense in it.
slave script can work on accounts accessed by investor (read-only) passwords and such accounts can be accessed over internet by any trader.

in fact, i have also another solution - scripts for sending and trading signals by email. i even have a program to read those signal and execute them on GAINCapital broker. i can also build custom programs to trade signals on other brokers, if they provide API trading.

Interesting....So I could reduce my five live accounts at IBFX that trade my EA's to one live account reading my five Demo accounts for example.

The benifit here is one can have as many Demo's as he wishes...(as long as they do not expire) and send the signals to just one live account (IBFX allows three...I go more with permission)

ES

P.S. and signal providers could sell this software instead of their signals...hehe

yes, you could use it this way.
however, there is no sense, as you have the EAs and can trade with them directly, which is better, than duplication.


users could get automatic execution of signals with these scripts and with less latency, than other methods.
they can give access to their accounts and users can copy trades with these scripts. it will work faster than sending signals over internet and executing them.
but there is a security problem - sellers can not control unauthorized access in this scheme and something else must be invented to override this.

as i said, i have also other solutions for signals sellers - sending signals by email, importing and executing such signals from email on MT4 and other brokers. i could also make sending signals out by skype, etc.

Hi Beluck,
i have a few questions regarding the software,

1. is it a stand alone software? and is it complicated to use it and has to call the programmer to modify our EA to make it works like the tradebullet software?
2. how about the stop, tp and trailing stop? do they will be exactly the same as in the demo account?
3.in my case, i use alpari demo account to run the ea but i want to trade live with other mt4 brokers, for example ibfx or nortfinance.will it work? can it work for multiple accounts or multiple brokers at a time?

Thx a lot

not standalone. there are 2 mql4 expert advisors, which work on master and slave mt4 terminals. and special DLL is used to transfer the information between EAs.

yes

yes, they can work with any brokers.
there are 2 versions: 1 - to copy trades from one master account to many slaves and 2 - to copy trades to one master account from many slaves