If your provider is a successful trader, this tool will become a universal trading EA for you because it will copy all of his success to your account.
Fully automated copying |
Super fast and precise copying |
Support both Trade and Signal mode |
Manage multiple providers inside MT4/MT5 or by .csv file |
Work with all brokers and symbols |
Support all types of order adjustment |
Advance lotsize management |
Flexible copy filtering |
Flexible order filtering |
Support partial close/close by/hedged orders |
Support inverted copying |
Anti-slippage & anti-lagging trade |
Auto recovery after shutdown/turn-off |
Compatible with manual trading or other EAs |
Real-time control panel |
Send signal to receiver’s email & mobile |
Auto update new version |
Support both MT4 and MT5 platform |
Compare with our other products
| FEATURES | Trade Receiver Free | Local Trade Copier | Remote Trade Copier | Remote Trade Copier Unlimited |
| Support Provider side | ||||
| Support Receiver side | ||||
| Unlimited local receivers | ||||
| Unlimited remote receivers | ||||
| Send signal alert (screen, email, mobile) | ||||
| Support remote copying (over internet) | ||||
| Support local copying (same PC/Server) | ||||
| Fully automated copying | ||||
| Auto recognize all currency pairs | ||||
| Advance lotsize management | ||||
| Support all types of order adjustment | ||||
| Support hidden SL/TP option | ||||
| Support “partial close” and “close by” copying | ||||
| Flexible copy filtering | ||||
| Flexible order filtering | ||||
| Support inverted copying | ||||
| Anti-slippage & anti-lagging trade | ||||
| Compatible with manual trading or other EAs | ||||
| Auto recovery after shutdown/turn-off | ||||
| Real-time control panel | ||||
| White-label service on request | ||||
| Platform supported | MT4 & MT5 | MT4 & MT5 | MT4 & MT5 | MT4 & MT5 |
| Usage purpose | Receive trades from providers | Send and receive trades locally between accounts within the same computer | Send and receive trades both locally & remotely at the same time. Each provider allow to send signal to unlimited local receivers and 10 remote receivers. Suitable for personal use. | Send and receive trades both locally & remotely at the same time. Each provider allow to send signal to unlimited local & remote receivers. Suitable for business use. |
Manual Guide
1. Installation:
-
Unzip the product’s package, you will see the “AutoFxPro.com – Trade Receiver Free.ex4” and “AutoFxPro.com – Trade Receiver Free.ex5” files.
-
Open your receiver MT4 or MT5 platform -> Main menu -> Tools -> Options -> Expert Advisors -> Enable “Allow automated trading”, “Allow DLL imports”, “Allow WebRequest for listed URL”, and add 2 URLs “http://register.autofxpro.com” and “http://copy.autofxpro.com” as following:
-
Go to MT4 or MT5 data folder by main menu -> Files -> Open Data Folder. It will open data folder of your terminal.
-
Copy “AutoFxPro.com – Trade Receiver Free.ex4″ (if you use MT4) or “AutoFxPro.com – Trade Receiver Free.ex5″ (if you use MT5) file to directory path: /[data folder]/MQL4(5)/Experts/.
-
Go back to MT4/MT5 terminal -> Main Menu -> View -> Navigator -> Right click on Expert Advisors folder -> Refresh -> Find “AutoFxPro.com – Trade Receiver Free” -> Double click or drag it into any chart.
-
At startup window -> Common tab -> Enable “Allow DLL imports” and “Allow live trading” check box.
-
Switch to Input tab, enter your registered email address and activation key in order to activate your license. You just need to enter your license for each account at a particular MT4/MT5 one first time. It will remember your license info, so just leave the license blank next times.
2. Connect to the provider
-
First, you have to ensure that your account number has been added to the list at provider’s side and provider has enabled his copier already.
-
After confirm that, you need to add the provider’s account number to allowed list on your side. Please note that you can only add the provider if he has been added you already on his side.
-
After adding the provider, now enable the copier at receiver’s side by clicking to Status button at the bottom of the panel. If they are connected, the screen icon at both sides will blinking.
3. Settings and Parameters
-
Provider list: Manage providers that you accept to copy from. You can add, remove, edit and enable/disable accounts by your own purpose. Your account only receives from accounts that are enabled in this list.
-
Transmission data: Choose how data will be sent/received. It can be either “Trade” (receiver’s account trades follow the provider’s) or “Signal” (receiver’s account only receives signal alert). Provider’s choice is priority: If provider choose “Trade”, then receiver can receive trade or signal due to his choice; If provider choose “Signal”, then receiver can only receive signal despite of his choice.
-
Max. slippage: Maximum accepted slippage to copy trades. Price might be different between brokers, so if the current price of the receiver’s account exceed max. slippage distance compared to entry price of provider’s account, the trade will not be copied. This is useful to prevent unwanted slippage of copied trades, specially during high volatility (news releases).
-
Set lotsize by: Choose how the trade volume on receiver’s account will be set. There are 5 options:
-
Provider risk scaling: Receiver’s lotsize will be set so that it scale by a scale factor with the provider’s risk. This is recommended option because it make receiver’s account has the same growth/risk rate as provider’s. Example: Provider trades 0.5 lot with balance 1000$ –> Receiver with balance 2000$ and scale factor 1 will trade 1.0 lot. Receiver with balance 2000$ and scale factor 2 will trade 2.0 lot. This is recommended option because it make receiver’s account has the same growth/risk rate as provider’s.
-
Multiply by provider’s lotsize: Lotsize will be multiply by a factor with Provider’s lotsize. Only use this option if you know the lotsize setting manner of the provider, otherwise you may suffer whipsaw by over lotsize.
-
Ratio with receiver’s balance: Lotsize will be scaled with receiver’s balance. Example: Lotsize is 1 lot if balance is 1000$, then lotsize will be 1.5 lot when balance is 1500$.
-
Fixed lotsize: Every trades on receiver’s account will be set with a fixed lotsize regardless of provider’s lotsize or receiver’s balance.
-
Custom risk percentage: Enter a specify risk percentage for each trade if stoploss occur. Example: A trade with 20pip stoploss is copied, receiver’s lotsize will be set so that if stoploss occur receiver will lose 5% of balance. This regime is only applied for trades with predefined stoploss; with no-stoploss trades, “Provider’s lotsize scale” regime will be applied.
-
-
Max. lotsize: Maximum allowed lotsize to open trade. This will prevent your account from open unanticipated over lotsize that may lead to unwanted drawdown.
-
Copy filter: Select which exit parameter receiver will copy from provider. With this option, receiver can has its own exit strategy by manual or other EAs without relying on provider.
-
Order filter: Select which types of orders will be copied. This filter is for both provider and receiver, but provider’s choice is priority. There are multi-options:
-
Buy orders: Buy orders will be copied.
-
Sell orders: Sell orders will be copied.
-
Pending orders: Pending orders will be copied.
-
With comment: Only orders with specified comment will be copied.
-
W/o comment: Only orders without specified comment will be copied.
-
With magic #: Only orders with specified magic number will be copied.
-
W/o magic #: Only orders without specified magic number will be copied.
-
Custom pair: Only copy trade of custom pair (combine with order types above).
-
Inverted copy: All filtered trades will be inverted when come to/from receiver/provider: Buy <-> Sell, BuyLimit <-> SellStop, BuyStop <-> SellLimit, Stoploss <-> Takeprofit.
4. Other configurations
You can change some more configurations by clicking on menu icon on the header
-
Using account list: Show up the list of account numbers that using this product with your license. If the maximum amount is exceeded, you should either remove it from one of using accounts or purchase more license to increase this maximum quota.
-
Special symbols setting: Config up to 5 special pair symbols synchronization. Currency symbols will be auto recognized, but some special symbol pairs are different between brokers and may need to be setup manually, such as: GOLD –> XAUUSD, SILVER –> XAGUSD, etc,.
-
Fontsize setting: Change the font size of interface if it’s too small or too large for your screen resolution.
-
Reset to default settings: Reset all the settings back to manufactured settings.
This is frequently asked questions (FAQ) and our answers relate to features of product Trde Receiver Free (TRF). For other general FAQ, please check at our main FAQ area. If you have further concern, please leave your question at our contact page.
