What is your experience of using Forex Copier in managing multiple MT4/MT5 accounts?

How to manage multiple MT4/MT5 accounts easily?

Yes, you are right - "REVERSE MODE" available for Free version of Forex Copier. Actually, all features are available in free version - the only difference between free and full version is the number of source and receiver accounts. Source: url

Free Forex Trade Copier

Actually, there is a free demo version of forex copier - it has the same features as full paid version, the only limitation is the number of source and receiver accounts (2 for free demo version and unlimited for full version). You can download free ...

Free Forex Trade Copier

Yes, it is possible to copy only inputs without SL/TP with forex copier. Below are the details on SL / TP possible settings of forex copier: 1. Ignore original order’s SL and TP. 2. Set custom SL and TP for orders which are opened on Receiver ...

Free Forex Trade Copier

Zakaroa, the accounts can be on one terminal. Forex copier can copy signals between mt4 and mt4, mt5 and mt5, mt4 and mt5, mt5 and mt4. You may visit forexcopier.com for more details

Free Forex Trade Copier

Hey, I think the correct link now is url BTW forex copier currently supports mt5 in addition to mt4 accounts and remote copier available as well at fair price - given that it will be used for selling the signals to other traders and earning money ...

Free Forex Trade Copier

To be able to compete with the banks and large institutional investors retail traders have to build their strategies using their main advantage - the possiblity to open and close positions just in a few seconds. This provides trader with an unique ...

The Secret to Success and profitable trading - What is it?

To my mind, discipline is one of the most important elements of proper trading mindset.Many traders fail despite the fact the have profitable strategies just due to the lack of discipline. If the trader is not disciplined enough to act in accordance ...

How to maintain discipline

By the way, does anyone know how to calculate as accurate as possible the drop of the options` price after the earnings release? As far as it is connected with the implied volatility, it should be stricktly correllated with it. At the same time ...

Let's Trade Options

As it was mentioned above, the issue is mostly in the sphere of psychology rather than trading skills. Sometimes even expereinced professional trader may face something like this. To deal with such situations we need to understand their nature, the ...

How do you learn to trust yourself in trading?

To my mind, it isn`t the best solution to use pre-defined stop since it should depend on particular technical situation. Of course, there could be fixed money management rulescontainting three main elements, something like: X pips and Y usd while ...

How wide is your average Stop Loss?

Hi, Plus one vote for Forex Copier. To my mind, it suits the most for such purposes. It is flexible enough so you would probably find the specific feature you are looking for. By the way, do you need to copy trades between your accounts or they are ...

Copy trades between different MT4 terminals

First of all, it depends on particular trading system. If you are swing trader, in most of the cases you may pay no attention to trading costs at all (except overnight fees if applied). At the same time, trading costs are extremely important for ...

Are trading costs the main reason of losses in trading?

The problem discussed above is quite "popular" among the traders. To my mind, it is caused by something in the sphere of psychology. For example, the reason could be a huge loss incurred recently, or disbelief in trading strategy. Thus, there could ...

How can I stop myself from closing trades early?

From my experience, both these timeframes are useful. As usual, I use three main timeframes in one window: 5M, 15M and daily. As an alternative, it is possible to use combination of 1M, 5M and 1H - in depends on your strategy.

Trading Forex is Hard

Fundamentals could be important even in case of daytrading, because fundamental news could cause short but huge price reactions. That is why it is necessary to be aware of what happens in the world. For example, the trader should look through the ...

Support and resistance trading