FX Blue Personal Trade Copier for MT4 - Download Now and Copy Trades Between MT4 and MT5 Accounts

How to Download and Use FX Blue Personal Trade Copier for MT4

If you are looking for a fast, powerful, and reliable way to copy trades between two or more instances of MT4 running on the same computer, then you might want to check out FX Blue Personal Trade Copier for MT4. This is a free app that allows you to duplicate orders between different MT4 accounts, with a wide range of features and options to suit your trading needs. In this article, we will show you how to download, install, and use FX Blue Personal Trade Copier for MT4, as well as some tips and tricks to make the most out of it.

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What is FX Blue Personal Trade Copier for MT4?

FX Blue Personal Trade Copier for MT4 is an app that lets you copy trades between two or more copies of MT4 or MT5 running on the same computer. You can place trades in one copy of MT4/5, and these will be replicated almost instantly in the other copy of MT4/5. The trade copier duplicates both manual and automated trading activity, with a high level of accuracy and speed.

Features and benefits of FX Blue Personal Trade Copier for MT4

Some of the features and benefits of using FX Blue Personal Trade Copier for MT4 are:

You can copy trades in either direction between MT4 and MT5 accounts.

You can adjust the lot sizes between the sender and receiver accounts, based on fixed values, relative equity, or maximum cash risk.

You can limit the copying to specific symbols or magic numbers, or invert the trade direction if needed.

You can set up stop-loss and take-profit levels on the receiver account, or use the sender's values.

You can send email alerts on trading activity, or use global variables to control the copier using your own MQL code.

You can use a single magic number for all orders on the receiver account, allowing analysis of results by EA.

You can automatically adjust between different broker symbol names and suffixes, or use custom pip-sizes and volume multipliers for symbols.

You can handle partial closes, market execution, hedging vs. non-hedging modes, order comments, binary options, etc.

Requirements and compatibility of FX Blue Personal Trade Copier for MT4

To use FX Blue Personal Trade Copier for MT4, you need:

Two or more instances of MT4 or MT5 running on the same computer. You can use any broker's desktop client terminal, but we recommend using our for better spreads, markets, and offers.

A free registration on , where you can download the app and access the online user guide.

A stable internet connection and a reliable computer system. You may also want to use a Virtual Private Server (VPS) if you want to run the copier 24/7 without interruptions.

How to download FX Blue Personal Trade Copier for MT4</h2 Steps to download FX Blue Personal Trade Copier for MT4

To download FX Blue Personal Trade Copier for MT4, you need to follow these steps:

How to download and install FX Blue Personal Trade Copier for MT4

FX Blue Personal Trade Copier for MT4 user guide and tutorial

Best settings for FX Blue Personal Trade Copier for MT4

FX Blue Personal Trade Copier for MT4 review and feedback

How to copy trades between MT4 and MT5 using FX Blue Personal Trade Copier

FX Blue Personal Trade Copier for MT4 vs. other trade copiers

How to adjust lot sizes and risk with FX Blue Personal Trade Copier for MT4

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How to copy binary options trades with FX Blue Personal Trade Copier for MT4

How to control the copier using global variables in MT4/MT5

How to use the sender and receiver EA parameters in FX Blue Personal Trade Copier for MT4

How to troubleshoot common issues with FX Blue Personal Trade Copier for MT4

How to update FX Blue Personal Trade Copier for MT4 to the latest version

How to uninstall FX Blue Personal Trade Copier for MT4 from your computer

How to get support and contact FX Blue team regarding the Personal Trade Copier for MT4

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Testimonials and success stories of traders using FX Blue Personal Trade Copier for MT4

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Go to the and click on the "Download" button.

Save the zip file to your computer and extract it to a folder of your choice.

Open the folder and copy the "FXBluePersonalTradeCopier.ex4" file to the "MQL4\Experts" folder of your MT4 installation. You can find this folder by clicking on "File" and then "Open Data Folder" in your MT4 terminal.

Repeat the same process for each copy of MT4 that you want to use with the trade copier.

Restart all your MT4 terminals to load the trade copier app.

How to install and run FX Blue Personal Trade Copier for MT4

To install and run FX Blue Personal Trade Copier for MT4, you need to follow these steps:

Open one of your MT4 terminals and go to the "Navigator" window. You can find this window by clicking on "View" and then "Navigator" in your MT4 terminal.

Expand the "Expert Advisors" section and find the "FXBluePersonalTradeCopier" app. Drag and drop it onto any chart of your choice.

A pop-up window will appear with the app's settings. Click on the "Common" tab and make sure that the "Allow live trading" and "Allow DLL imports" options are checked. Click on "OK" to close the window.

The trade copier app will start running on the chart. You will see a smiley face in the top right corner of the chart, indicating that the app is active.

Repeat the same process for each copy of MT4 that you want to use with the trade copier.

How to use FX Blue Personal Trade Copier for MT4

To use FX Blue Personal Trade Copier for MT4, you need to set up one copy of MT4 as the sender account, and one or more copies of MT4 as the receiver accounts. The sender account is where you place your trades, either manually or using an EA, and the receiver accounts are where those trades are copied. You can also use different settings and options for each receiver account, depending on your trading strategy and risk appetite.

How to set up the sender and receiver accounts

To set up the sender and receiver accounts, you need to follow these steps:

Open the sender account's MT4 terminal and go to the chart where you have attached the trade copier app.

Right-click on the chart and select "Expert Advisors" and then "Properties". A pop-up window will appear with the app's settings.

Click on the "Inputs" tab and scroll down to find the "Sender/Receiver mode" parameter. Set it to "-1 (sender)" and click on "OK". This will make this account act as a sender account.

Open one of the receiver accounts' MT4 terminals and go to the chart where you have attached the trade copier app.

Right-click on the chart and select "Expert Advisors" and then "Properties". A pop-up window will appear with the app's settings.

Click on the "Inputs" tab and scroll down to find the "Sender/Receiver mode" parameter. Set it to a positive number (e.g. 1, 2, 3, etc.) that is unique for each receiver account. This will make this account act as a receiver account.

You can also adjust other parameters on this tab, such as lot sizing, symbol filtering, stop-loss and take-profit levels, etc. For more details on each parameter, please refer to .

Click on "OK" to save your settings.

Repeat steps 4-8 for each receiver account that you want to use with the trade copier.

How to adjust the lot sizing and risk management optionsOne of the most important aspects of using FX Blue Personal Trade Copier for MT4 is to adjust the lot sizing and risk management options for each receiver account. This will allow you to control how much money you are risking and how much profit you are making from each trade. You can choose from different methods of lot sizing, such as fixed, relative, or maximum risk.

How to adjust the lot sizing and risk management options

To adjust the lot sizing and risk management options, you need to follow these steps:

Open one of the receiver accounts' MT4 terminals and go to the chart where you have attached the trade copier app.

Right-click on the chart and select "Expert Advisors" and then "Properties". A pop-up window will appear with the app's settings.

Click on the "Inputs" tab and scroll down to find the "Lot sizing mode" parameter. You can choose from the following options:

"0 (fixed)" - This will use a fixed lot size for each trade, regardless of the sender's lot size or the receiver's equity. You can set the fixed lot size using the "Fixed lot size" parameter below.

"1 (relative)" - This will use a relative lot size for each trade, based on the ratio of the receiver's equity to the sender's equity. For example, if the sender has $10,000 and the receiver has $5,000, and the sender places a 1 lot trade, then the receiver will place a 0.5 lot trade. You can also use a multiplier factor to increase or decrease the relative lot size using the "Relative equity multiplier" parameter below.

"2 (maximum risk)" - This will use a maximum risk lot size for each trade, based on a percentage of the receiver's equity that you are willing to lose per trade. For example, if you set the maximum risk to 2%, and the receiver has $5,000, then the maximum loss per trade will be $100. The app will calculate the appropriate lot size based on the stop-loss level of the sender or the receiver, whichever is smaller. You can set the maximum risk percentage using the "Maximum cash risk per trade" parameter below.

You can also adjust other parameters related to lot sizing and risk management, such as minimum and maximum lot sizes, stop-loss and take-profit levels, etc. For more details on each parameter, please refer to .

Click on "OK" to save your settings.

Repeat steps 1-5 for each receiver account that you want to use with the trade copier.

How to monitor and control the trade copying processOnce you have set up the sender and receiver accounts, you can start placing trades on the sender account and watch them being copied to the receiver accounts. You can also monitor and control the trade copying process using the app's interface, email alerts, or global variables.

How to monitor and control the trade copying process

To monitor and control the trade copying process, you can use the following methods:

The app's interface - The app will display a panel on the chart where it is running, showing the status and statistics of the trade copying process. You can see the number of trades copied, the total profit or loss, the current equity, etc. You can also use the buttons on the panel to pause or resume the trade copying, or to close all open trades on the receiver account.

The email alerts - The app can send you email alerts on various events related to the trade copying process, such as when a trade is copied, when a trade is closed, when an error occurs, etc. You can enable or disable the email alerts using the "Send email alerts" parameter in the app's settings. You can also customize the email subject and body using the "Email subject prefix" and "Email body prefix" parameters.

The global variables - The app can use global variables to communicate with other apps or EAs running on your MT4 terminal. You can use global variables to control the trade copier's actions, such as pausing or resuming the trade copying, closing all open trades, overriding the lot size, etc. You can also use global variables to get information from the trade copier, such as the number of trades copied, the total profit or loss, etc. You can enable or disable the global variables using the "Use global variables" parameter in the app's settings. You can also specify the names of the global variables using the "Global variable prefix" parameter.

Tips and tricks for using FX Blue Personal Trade Copier for MT4

FX Blue Personal Trade Copier for MT4 is a versatile and flexible app that can handle various trading scenarios and situations. However, there are some tips and tricks that you should know to make your trading experience smoother and more efficient.

How to deal with different broker symbol names and suffixesHow to deal with different broker symbol names and suffixes

One of the challenges of using FX Blue Personal Trade Copier for MT4 is to deal with different broker symbol names and suffixes. For example, some brokers may use "EURUSD" as the symbol name for the euro-dollar pair, while others may use "EURUSDm" or "EURUSD.ecn". If the sender and receiver accounts have different symbol names or suffixes, the trade copier may not be able to copy the trades correctly.

To solve this problem, the app has a feature that can automatically adjust between different broker symbol names and suffixes. You can enable this feature using the "Auto-adjust between different broker symbol names" parameter in the app's settings. This will make the app compare the pip-sizes and volume multipliers of the sender and receiver symbols, and use the appropriate values for copying the trades.

If you want to have more control over how the app handles different broker symbol names and suffixes, you can also use the "Custom pip-sizes and volume multipliers for symbols" parameter in the app's settings. This will allow you to specify custom values for each symbol pair, such as "EURUSD=0.0001,1;EURUSDm=0.00001,10". This means that the app will use a pip-size of 0.0001 and a volume multiplier of 1 for EURUSD, and a pip-size of 0.00001 and a volume multiplier of 10 for EURUSDm. How to handle partial closes and inverted trades

Another challenge of using FX Blue Personal Trade Copier for MT4 is to handle partial closes and inverted trades. Partial closes are when you close only a part of your position, while keeping the rest open. Inverted trades are when you reverse the direction of your trade, such as going from long to short or vice versa.

To handle partial closes and inverted trades, the app has a feature that can track the changes in the sender's position and apply them to the receiver's position. You can enable this feature using the "Track changes in sender's position" parameter in the app's settings. This will make the app compare the sender's and receiver's positions, and adjust the lot sizes and trade directions accordingly.

If you want to have more control over how the app handles partial closes and inverted trades, you can also use the "Partial close mode" and "Invert trade direction" parameters in the app's settings. These will allow you to specify how the app should handle these situations, such as ignoring them, copying them, or using custom values.

How to use custom MQL code to override the copier's actions

If you are an advanced user and want to have more flexibility and customization over how the app works, you can also use custom MQL code to override the copier's actions. You can write your own MQL code in a separate file, and use it to control the trade copier's behavior, such as filtering trades, modifying lot sizes, setting stop-loss and take-profit levels, etc.

To use custom MQL code to override the copier's actions, you need to follow these steps:

Create a new file with a ".mq4" extension in the "MQL4\Include" folder of your MT4 installation. You can name it anything you want, but we recommend using something like "FXBluePersonalTradeCopierCustomCode.mq4".

Write your custom MQL code in this file, using the predefined functions and variables provided by the app. For more details on how to write custom MQL code for the trade copier, please refer to .

Open one of your MT4 terminals and go to the chart where you have attached the trade copier app.

Right-click on the chart and select "Expert Advisors" and then "Properties". A pop-up window will appear with the app's settings.

Click on the "Inputs" tab and scroll down to find the "Custom MQL code filename" parameter. Enter the name of your custom MQL code file (e.g. "FXBluePersonalTradeCopierCustomCode.mq4") and click on "OK".

The trade copier app will load your custom MQL code file and use it to override its actions.

Repeat steps 3-6 for each copy of MT4 that you want to use with the trade copier.

Conclusion and FAQsIn this article, we have shown you how to download, install, and use FX Blue Personal Trade Copier for MT4, a free app that lets you copy trades between two or more copies of MT4 or MT5 running on the same computer. We have also shared some tips and tricks to make your trading experience smoother and more efficient. We hope you have found this article useful and informative, and that you will enjoy using FX Blue Personal Trade Copier for MT4 for your trading needs.

If you have any questions or feedback about FX Blue Personal Trade Copier for MT4, please feel free to contact us at for more information and resources. We would love to hear from you and help you with any issues or suggestions.

Here are some frequently asked questions (FAQs) about FX Blue Personal Trade Copier for MT4:

Q: How many sender and receiver accounts can I use with FX Blue Personal Trade Copier for MT4?

A: You can use as many sender and receiver accounts as you want with FX Blue Personal Trade Copier for MT4, as long as they are running on the same computer. However, you should be aware of the limitations of your computer system and internet connection, as they may affect the performance and reliability of the trade copier.

Q: How fast is FX Blue Personal Trade Copier for MT4?

A: FX Blue Personal Trade Copier for MT4 is very fast and accurate, as it uses a direct communication channel between the sender and receiver accounts, without relying on any external servers or networks. The trade copying process usually takes less than a second, depending on the latency and load of your computer system and internet connection.

Q: How secure is FX Blue Personal Trade Copier for MT4?

A: FX Blue Personal Trade Copier for MT4 is very secure, as it does not transmit any sensitive information or data over the internet. The trade copier only communicates between the sender and receiver accounts running on the same computer, using a secure encryption protocol. The trade copier does not access or store any of your account details, passwords, or funds.

Q: How can I update FX Blue Personal Trade Copier for MT4?

A: FX Blue Personal Trade Copier for MT4 is regularly updated with new features, improvements, and bug fixes. You can check for updates by going to the and downloading the latest version of the app. You can also enable the "Check for updates" parameter in the app's settings, which will notify you when a new version is available.

Q: How can I uninstall FX Blue Personal Trade Copier for MT4?

A: To uninstall FX Blue Personal Trade Copier for MT4, you need to follow these steps:

Close all your MT4 terminals that are using the trade copier app.

Delete the "FXBluePersonalTradeCopier.ex4" file from the "MQL4\Experts" folder of your MT4 installation.

Delete any custom MQL code files that you have created or used with the trade copier app from the "MQL4\Include" folder of your MT4 installation.

Delete any global variables that you have created or used with the trade copier app from your MT4 terminal. You can find them by clicking on "Tools" and then "Global Variables" in your MT4 terminal.

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