MT5 to TradeLocker – Miscellaneous – March 10, 2024

Transform your trading with MT5 to TradeLocker Copier: instant execution, elegant GUI, and advanced filtering. Seamlessly connect two trading platforms and trade simply across multiple accounts!

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Getting Started – Login

Before you begin, you will need the server name for your TradeLocker account. You can find out by looking at the website address. It becomes https://. demo.tradelocker.com or https://live.tradelocker.com

Once you have this information, go to your MetaTrader terminal and go to Tools > Options > Expert Advisors. Add this URL to: Accepts WebRequests for URLs listed in the format Https://ServerName.

Next, select the environment you want to connect to: Demo or Live from EA Input.

Then copy and paste your email, password, and server.

How to copy multiple accounts – separate logins

Follow the instructions to copy from Metatrader to TradeLocker to multiple accounts with separate logins.

1. For each account you want to copy to load new charts and load MetaTrader into TradeLocker EA.
2. Configure each EA with the login of the account you want to copy.
3. In your EA input, give each EA a unique magic number.
4. Load EA

Save and load symbol maps

To change and save your symbol map, follow the instructions below.

1. Change the symbol you want to have a custom map.
2. Click Save/Load Map.
3. Give the symbol map a saved name and click Save.
4. To load a map, go to the Load File drop-down menu and select Symbol Map.
5. Click Load to load the selected map.

Connection tab

1. Enter the email address of your TradeLocker account.
2. Enter your TradeLocker account password
3. Enter the server name for your TradeLocker account
4. Log in to your account
5. log out of account
6. When you log in to your TradeLocker account, you will see your account name in the first column and your balance in the second column.
7. Displayed login status

1. Fixed Lot – Select this option to copy all transactions using a fixed lot.
2. Lot Multiplier – When the lot multiplier is set to 1, it means that the lot size will be copied exactly as it is in your MT5 account. If this is set to 0.5 the lot size will be half that of your MT5 account. If set to 2, the lot size will be double that of your MT5 account. If you have 10,000 MT5 accounts and copy to 1,000 TradeLocker accounts, this is 10x smaller. Therefore, to maintain the same risk, the lot multiplier should be set to 0.1.
3. Risk factors – This is set by default. Relative risk from master to slave. Assuming a risk factor of 1 and using 1% risk for 100,000 masters, this will scale to 1% risk for 50,000 slaves (or any amount). Using Risk Factor 2 doubles the risk of the slave account. youIf you specify a risk factor of 0.5, the risk is halved on the slave.
4. Maximum Daily Loss – Includes closed and open trades and can be set as an account % or monetary value ($). All trades are closed when the day’s loss amount is reached. Transactions are no longer copied to TradeLocker. Maximum daily losses are reset at the end of the trading day and are tied to broker hours.
5. Maximum daily loss – includes closed and open trades. You can set it as a % of your account or as a monetary value ($).. All trades will be closed once this profit is reached for the day. Transactions are no longer copied to TradeLocker. The maximum daily profit is reset at the end of the trading day and is tied to broker hours.
6. Signal Delay – Adds delay to the signal in milliseconds (ms).
7. If the lot size being copied is less than the broker minimum, the lot size is automatically rounded to the broker minimum.
8. Enable relative pricing. The price will then automatically adjust based on differences in the broker feed.