Best way to scalp and Copy Trading on MT4 and MT5

In this video, Rimantas explains the best setup for scalping & copy trading using the Trade Copier on MT4 and MT5.

Pricing

Local Trade Copier™ for MT4 & MT5 (Personal Monthly Plan) : $31.47/month
Local Trade Copier™ for MT4 & MT5 (Manager Monthly Plan) : $96.58/month
Local Trade Copier™ for MT4 & MT5 (VIP Monthly Plan) : $215.95/month
Local Trade Copier™ for MT4 & MT5 (Personal Annual Plan) : $314.71/year
Local Trade Copier™ for MT4 & MT5 (Manager Annual Plan) : $965.83/year
Local Trade Copier™ for MT4 & MT5 (VIP Annual Plan) : $2159.55/year

Easy Way to Copy Trades of Equal Lot Size for All Accounts

In this video, Rimantas explains how to make every MT4 & MT5 Client account use the same lot size as the Main account with the Local Trade Copier ™ for MT4 & MT5. It is an easy way to copy trades of equal lot size for all Metatrader accounts.

How To Easily Copy & Paste Your Forex and Gold Trades From MT5 to MT4

If you are a Forex trader who uses MetaTrader 5 and MetaTrader 4, you may want to copy your trades from one platform to another. This can be a great way to diversify your trading and take advantage of the unique features of each platform. In this guide, we will show you how to copy your Forex and Gold trades from MT5 to MT4 in one click.

In this video, Rimantas shows how to easily copy & paste your Forex and Gold trades from MT5 to MT4 in a few simple steps.

Now you can copy Forex and Gold trades from MT5 to MT4 and reap bigger profits in a few simple steps, without fear of making mistakes, even if you’ve never done it before.

Imagine you have a magical notebook. Whatever you write in it, the words magically appear in another notebook too. That’s kind of like what Rimantas is going to show you in this video. It’s like a magic trick for your trades!

Rimantas will teach you how to take your Forex and Gold trades from one book (MT5) and make them appear in another book (MT4) using a special tool called the Local Trade Copier software.

Think of it like copying a drawing from one piece of paper and pasting it onto another without using scissors or glue. It’s that easy!

It’s like having a magic wand that does the work for you. So, even if you’ve never tried this magic trick before, Rimantas will guide you step by step. Get ready to become a trading magician!

How To Configure MT4 and MT5 Accounts for Running a Local Trade Copier™ Together With Any Other Forex EA

The Local Trade Copier software is a powerful tool that allows you to copy trades between multiple MetaTrader 4 and MetaTrader 5 accounts. It is a perfect solution for money managers and signal providers who need to manage multiple accounts at the same time. The LTC software is also a great tool for traders who want to copy trades between their own trading accounts.

In this guide, we will show you how to configure your MetaTrader 4 and MetaTrader 5 accounts to run the Local Trade Copier together with any other Forex EA.

Today, I’m diving into a game-changing tool that’s going to make your trading life a whole lot easier and way more profitable. In this video, I talk about the Local Trade Copier ™ and how it’s going to save you from buying a Forex EA license for every single one of your MT4/MT5 accounts. Yes, you read that right!

Imagine this: You’ve got a Forex bot that’s making some really smart trades in Forex, Gold, Oil, and other markets. It’s working its magic on your MT4/MT5 account, and you’re seeing some sweet profits roll in. But what if you have multiple Metatrader accounts and want them all to get in on the action? 🤔

In the past, you’d have to buy a separate Forex EA license for each and every account. Not only does that get pricey, but it’s also a lot of extra work to manage all those licenses and accounts. But hold on to your trading hats because there’s a brilliant solution: Local Trade Copier ™ software!

If you are looking at how to configure MT4 and MT5 accounts to copy and paste trades from one EA to many other Metatrader accounts, then this is exactly what you need.

🚀 One License, Unlimited Trading Power 🚀

With the Local Trade Copier ™, you can copy and paste those successful trades from your Forex bot to as many Metatrader accounts as you want, all without buying extra licenses. It’s like having a superpower where one smart trade decision gets multiplied across all your accounts, maximizing your profits without maximizing your expenses!

🛠️ Easy-Peasy Setup for MT4 and MT5 Accounts 🛠️

Now, you might be thinking, “This sounds great, but is it complicated to set up?” Nope! In this video, I am going to walk you through the whole process, step by step. I’ll show you how to get your MT4 and MT5 accounts configured and running smoothly with the Local Trade Copier ™ and any Forex EA, without any tech headaches. Stop buying Forex EA license for every MT4/MT5 account and watch this video.

How to set different lot sizes for each copier account

In this video, Rimantas explains how you can easily set different lot sizes for each copier account with the Local Trade Copier ™ for MT4 & MT5.

How to Enable Trading in MT4?

It is disappointing to find the message “Trade disabled” on your MT4 platform. However, that is not fatal, and you can solve it by finding the reason for disabled trading and fixing it. In some cases, if the market is closed, there is nothing to resolve, but if the market is open and your trading functionality is disabled, you have to know what the issue is and how to solve it. In this article, we will look a the main reasons why trading can be disabled on the MetaTrader 4 platform and what to do to enable it.

What does it mean ‘trade is disabled’?

“Trade is disabled” error message on Metatrader 4 means that you cannot actively trade at all or only some specific instruments, depending on the error message that you get. To find the solution, usually, you need to contact your broker’s support team. But it could be a simple case that the market is closed already for that specific instrument, and you simply need to wait until the market opens.

Why is my trading disabled on MT4?

There are four main reasons you see an error message, and let’s try to figure out what to do about each one of them.

The market is closed.

Like many other markets such as commodities, stocks, or bonds, Forex is closed during weekends. It means you cannot open a trade because active trading is disabled during weekends. CFD instruments such as APPL, TSLA, GOLD, etc., are open for trading only during specific market hours (i.e., US stock market hours). So, the solution to the problem is to wait for the markets to open, and you will likely not get the message when they do.

Trading can also be closed if there is a market holiday. You need to check your broker’s calendar to see what days of the year are market holidays.

Some instruments, usually gold and oil, and some others, may have trading breaks, during which trading functionality is disabled for these instruments. Again, check with your broker to know what instruments have trading breaks and which ones don’t.

You can check trading hours for every trading instrument in the Metatrader 4 Market Watch, but honestly, that information is not correct on most accounts, even with top brokerage firms.

Trading rarely closed due to a force majeure or unforeseen event. This feature won’t typically last long, but it may happen during times of low liquidity, most often during important news releases, for example, FED interest rates announcements, when markets can become very volatile and move hundreds of pips within a matter of seconds.

Why is gold trading disabled?

Gold is a commodity, and the commodity market does not open until late hours on Sunday. Depending on the broker you trade, gold opening trading hours will most likely be at 23.00-23.45 EET, depending on the broker you trade. The same can be true for other commodities and some indexes, so be sure to check the opening hours of the instruments of interest with your broker.

You are logged in with “investor password”

If you log in to the MT4 account with an investor password, you will only have read-only access. Log in with the primary password to have full trading permissions. It might also happen that your Forex broker support team set your account status to read-only. In that case, you will have to contact the support team of your broker and ask the status to be changed.

An instrument might be set to “close only” by your broker.

Occasionally you might find this message on your terminal. It means that your broker is trying to remove that specific instrument from the MT4 platform or any other option of the platforms they offer. Sometimes, as we have stated, some trading instruments become too volatile to trade. Usually, it may be some exotic pairs, for example, Russian ruble or Turkish lira. These have undergone severe geopolitical headwinds in the past. Some brokers decided to remove the currency pairs denominated in the Russian Ruble and Turkish Lira from their MT4 platforms when they became highly volatile. If you have open positions on these pairs, you’ll notice that you can only close them (hence the term “close only”).

Your account has not yet been activated.

You might get the message that trading on your MT4 terminal has been disabled because your account has not been activated yet. Usually, when you register with your broker, you will have to go through a verification and activation procedure, which would involve several steps, such as sending some documents or depositing funds before you can start trading.

After you complete all necessary procedures, the broker will activate your account, and you are good to start trading whenever you want. If you want to check your account status, contact your Account Manager or the broker’s Client Experience team. They will activate your account in case there is any misunderstanding or error.

Extra possible reason

Suppose you are using automated trading for scalping or similar intra-day trading strategies. “Trading is disabled” errors may cause you to lose profits if you follow a great trader. Well, thighs happen. Such errors can be a weak internet connection, restriction from your broker, or simply malfunctioning of a trading bot.

“Trading is disabled” can also occur if there’s no such financial instrument to open a trade. In that case, you can get the MT4 error code 133, which means your trade copier could not find a currency pair during the execution of your order on the MT4 terminal. Usually, this happens when the client account’s instrument name is different from the master account. For example, the master account sent a trade for EURUSD, but on the client-side, there’s no EURUSD because it is called EURUSDfx. Note the fx suffix.

Not all trade copiers can automatically detect suffixes and adapt. But that is never a problem for our Local Trade Copier.

You might also need to see if you have enabled auto-trading on your MetaTrader terminal. Go to Tools, click on the “Options” menu, click on “Expert Advisor”, and finally allow the automated trading option. Press “OK”, and you are all good.

Where do I get error messages about disabled trading?

Last but not least, where do you get those error messages about disabled trading on your MT4? You can always check the ‘Journal’ tab at the bottom of the MT4 platform for any error messages when you cannot open or close a trade. There you will usually find an explanation on why you cannot open or close a trade and possibly recommended actions on how to solve the issue. It is also worth checking the ‘Experts’ tab for any error messages or recommendations from the Expert Advisor or trade copier software you are using.

How to Enable One Click Trading in MT4?

If you are looking to enable 1-click trading on Metatrader 4, all you have to do is press Alt+T on the keyboard for any particular chart window. That will make the one-click trading buttons appear on the chart, allowing you to quickly open buy and sell trades with a predefined fixed lot size.

The one-click trading tool on MT4 is very convenient. Still, there’s an even better tool with more functionalities that can also set the lot size automatically after you choose to risk the percentage of your account balance. Check out the Trader On Chart trading panel for MT4, and you’ll never want to open another trade without it.

How To Copy Your Forex and Gold Trades From MT4 to MT5 in One Click

If you are a Forex trader who uses MetaTrader 4 and MetaTrader 5, you may want to copy your trades from one platform to another. This can be a great way to diversify your trading and take advantage of the unique features of each platform. In this guide, we will show you how to copy your Forex and Gold trades from MT4 to MT5 in one click.

In this video, Rimantas shows how to copy your Forex and Gold trades from MT4 to MT5 in one click using the Local Trade Copier software, even if you’ve never linked accounts before.

Have you ever played with walkie-talkies? You press a button, say something, and your friend hears it on their walkie-talkie, even if they’re far away. It’s like magic, right? Well, Rimantas has a similar kind of magic trick to show you in this video, but it’s for your Forex and Gold trades.

Imagine MT4 is your walkie-talkie, and MT5 is your friend’s walkie-talkie. Normally, if you wanted to tell your friend something, you’d have to walk over to them and say it. But with walkie-talkies, you can just press a button, and they hear you! Rimantas is going to teach you how to press that magical button for your trades. With just one click, you can send your Forex and Gold trades from your MT4 walkie-talkie to your friend’s MT5 walkie-talkie. It’s that simple!

Now, let’s think of another fun analogy. Have you ever listened to the radio? Radios are amazing. You turn them on, and you can hear music or people talking from far away places. It’s like they’re broadcasting their voice all over the city, or even multiple cities. That’s what you can do with your trades. You can broadcast them from MT4, just like a radio station sends out songs to many places. And the best part? You can do it in just a few seconds!

You might be thinking, “But I’m not a DJ at a radio station. How can I do this?” Don’t worry! Rimantas is here to help. He’s like the best radio DJ teacher you could ever have. He’ll guide you step by step, showing you how to turn your MT4 into a powerful radio station that can send your trades to MT5. And you don’t need to be a trading expert or a radio DJ to do it. It’s as easy as turning on your favorite song on the radio.

And guess what? You won’t need a bunch of gadgets or devices. It’s not like trying to juggle three balls at once. No, it’s much simpler. Just one click, and your trades fly from MT4 to MT5, just like a song travels through the airwaves to reach radios in many homes.

Maybe you’re a little nervous. Maybe you’re thinking, “What if I make a mistake? What if I’ve never done this before?” It’s okay to feel that way. Remember the first time you tried to ride a bike? It was a bit scary, right? But with someone guiding you, holding the bike steady, you learned. And soon, you were riding all by yourself, feeling the wind in your hair. That’s what Rimantas is here for. He’s like that person holding the bike for you, making sure you don’t fall. He’ll show you everything, even if you’ve never linked accounts before.

So, get ready for an exciting journey. By the end of this video, you’ll be broadcasting your trades like a pro radio DJ, reaching MT5 with ease. You’ll achieve more, with less effort, and have a lot of fun along the way. Tune in, and let Rimantas show you the magic of trading!

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