Local Trade Copier v2.0 releasedby Rimantas Petrauskas
June 12, 2012
many of you have been waiting for this day for too long. The new Local Trade Copier v2.0 finally released. Sorry for taking so long, but i really did the best i can to deliver you the software as soon as possible.
Whats new in LTC v2.0?
The most exciting news for those who did not tried LTC software yet. LTC Demo is available for download on my website. More about this after i introduce you to the new features and changes made to our MT4 trade copier software.
Some of the clients reported issues when Client EA close the trades if it can not read the “trade files” created by the Server EA because of an unexpected hard disk drive or other I/O read error. I have fixed this problem in v2.0 and it should not bother you anymore.
Other important fix is with the Open Non Triggered Pending Orders feature. There was a bug and if you had this feature enabled the Client EA kept opening pending orders that are not triggered on the master account on every Client EA restart by duplicating them. This one is fix as well.
The most important update is about the LTC license. Until now all the LTC licenses were locked to your MT4 accounts by the account number. Some of you experienced problems when account numbers were changed by the brokers or they expire. Also this was the main reason why the software delivery is slow. In the v2.0 all the licenses are unlocked and you can use them on any MT4 account. The limitation comes to the number of instances you are allowed to run. “1 master” or “1 slave” license means that software can be used only on one MT4 account at the same time on the same computer/VPS. If the license is “unlimited” you can use it on any number of accounts.
I have removed WorkingDirectory setting that was confusing many of you. Now the software creates a folder for the temporary files automatically according to your Windows configuration. You do not have to bother yourself about that anymore.
Learn more about the Local Trade Copier
New features have been added to the LTC v2.0
- You can set minimum and/or maximum lot size that can be used to open the trade by the Client EA. This helps to prevent your account from opening trades that have too high lot size in case the trader on a master account is going berserk.
- A useful feature for Gold, Silver and other non-Forex pairs traders is called XPairs. This is a series of settings that allows you to set your Client EA to use different lot size, take profit and stop loss multipliers. It is very helpful if your master and slave accounts have different characteristics of the metal or other non-Forex pairs. For example master account can have 50 pips stop loss on Gold trades, while your broker allows stop loss to be set at 100 pips minimum.
- You can add more protection for your account now using “MarginLimitPercent” feature. By default it is set to 70% and it means that no trade will be opened by the Client EA if more than 70% of the margin is already used.
- You can set Client EA to stop receiving trade entry, modification or close signals. This is very useful in cases when you do not want new trades to be copied from the master account, but you still want Client EA to manage the trades that are currently opened.
- The feature that allows to select what master accounts (signal providers) to follow. This is useful when you use multiple master accounts to send trades to multiple slave accounts, mostly with the unlimited license. If you purchase VIP or you already own unlimited LTC license you will find this new feature useful.
Local Trade Copier software is one of my best products. It was created a few years ago and i work hard to make it the most reliable MT4 trade copier available in the market. I use it personally as well on several VPS servers to duplicate number of accounts everyday. I stand for my software and guarantee that it works great. Hope you will experience the same satisfaction that i have using my software. If you experience any problems with the software, please do not hesitate to contact me and describe your problem. I will do my best i can to help you solve it. Remember that none of the errors are left unexplained or forgotten, i fight all of them to make my software better and better everyday.
Learn more about the Local Trade Copier
How much the upgrade from older LTC versions cost?
I have been thinking about this a lot and decided to make it free of charge. Although my purchase policy states that major releases (from 1.x to 2.x, etc) will cost extra i have decided to give the upgrade for free to all the customers that already have the LTC software. You will receive the same license type you have purchased before. Please contact me to receive the new LTC v2.0. Please note that in v2.0 the “Personal” license works on “Unlimited master/1 slave” and “Manager” license works on “1 master/unlimited slaves”. Example: If you want to copy trades from 2 master accounts you will have to run the software on 2 separate computers/VPS, because you can run only 1 instance of the Server EA on the same computer/VPS with the “Personal” license.
You can become our affiliate, sell Local Trade Copier software and get 30% for every sale you make. Please read more on my website.
— Local Trade Copier v2.0 —
Request a download link for the Local Trade Copier Demo
LTC Demo version copy speed and trade delivery methods are exactly the same as in the Personal, Manager or VIP version. Software is limited to work only for one month and it has only basic settings. Max two trades can be copied at a time only. LTC Demo will let you know if the copy speed and application environment is suitable for you.
If you decide to purchase LTC software here are the license types i can offer at the moment.
Local Trade Copier Light was designed as a simple version with minimal settings and it is limited to 1 master and 1 slave account. This is the best choice for the beginners that do not want to mess with the advanced settings of the software and simply want to copy trades from one MT4 account to another.
Local Trade Copier Personal was designed for the advanced traders who wants to copy trades from multiple MT4 master accounts to their MT4 slave account. This license allows unlimited master accounts and 1 slave account to be used.
Local Trade Copier Manager was designed for the advanced account managers and traders who wants to copy trades from 1 master account to multiple MT4 slave accounts. This license allows 1 master and unlimited slave accounts to be used.
Local Trade Copier VIP was designed for advanced users. This license does not have any limitations and you can use it on an unlimited master and unlimited slaves. You can even have different trade groups on the same computer. You can have a Server EA’s sending trades to the Client EA’s and then another Server EA can pick up those trades from the Clients EA’s and pass them on to further Clients EA’s. This may sound confusing, but you really have the freedom to copy the trades among multiple MT4 accounts with the LTC VIP license.
Learn more about the Local Trade Copier
How Does The LTC Work?
The purpose of the Local Trade Copier is to duplicate the same trades from one (or multiple) MT4 account (master) to one (or multiple) MT4 account (slave). This process is called “Trade Copying” and with the LTC software you can do this in an easy way completely automatically. How many accounts you are allowed to “copy from” or “copy to” depends on the license you choose. The LTC contains two Expert Advisors that should be attached to the master and slave MT4 account(s) and they must be online 24/5 in order to copy all the trades.
Minimum System Requirements
Windows 2000 / XP / Vista / 7
Local Trade Copier software is already successfully used by many MT4 Forex traders around the globe including my personal MT4 accounts that i duplicate on my multiple VPS servers everyday for the last few years. Every single error or problem reported with the software is taken seriously. No one is left alone with their software problems if any occur.