Floating Loss Copy Trading EA

Floating Loss Copy EA Product Overview

• 1. EA Overview
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• The Floating Loss Copy EA is an automated trading system (Expert Advisor) that triggers trade copying based on the floating drawdown (floating loss) of the master account.
• When the open positions on the master account reach a specified floating loss threshold, the slave account automatically copies and opens trades.
• It supports features such as automatic total position closure when profit targets are reached, and automatic synchronization of master position closures.

• Core Features:
• - Master Mode: Shares position data for the slave terminal to read
• - Slave Mode: Monitors master account floating loss and automatically copies trades once the threshold is reached
• - Floating Loss Trigger: Triggers copy trading when master account floating loss reaches the set threshold
• - Profit Close Out: Automatically closes all copied positions once total floating profit hits the target (can be triggered cyclically)
• - Two-Way Sync: Master close → Slave close, Slave close → Master close
• - Account Panel: The slave terminal allows switching between different master accounts to monitor via buttons
• - Symbol Mapping: Automatically adapts to symbol name suffixes across different brokers

• 2. Dual Licensing Instructions
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• This EA uses a dual-licensing mechanism and requires validation through both of the following methods:

• [Local Licensing] (Configured in source code)
• - Account Whitelist: AUTH_ACCOUNTS (Supports multiple accounts, separated by vertical bars "|")
• - Expiration Date: AUTH_EXPIRE (Format "YYYY.MM.DD HH:MM")
• - Automatic renewal reminder 7 days before expiration

• [DLL Network Licensing] (Remote server validation)
• - Uses AuthDLL.dll for network authentication
• - Supports account binding and machine hardware code binding
• - Server-side expiration management to prevent local system time tampering
• - Supports announcement push notifications

3. Required Files
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• MT4 Version:
• Floating Loss Copier EA.ex4 → MQL4\Experts\
• AuthDLL.dll (32-bit) → MQL4\Libraries\

• How to find the folder path:
• Open MT4/MT5 → Top Menu "File" → "Open Data Folder"
• Navigate to the MQL4/MQL5 folder, locate the corresponding subfolder, and place the files inside.

• 4. Essential MT4/MT5 Settings
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• 1. Click Top Menu "Tools" → "Options" → "Expert Advisors" tab

• 2. Check the following options:
• ☑ Allow Algo Trading
• ☑ Allow DLL imports

3. Click "OK" to save the settings.

• Note:
• - Both options above must be checked, otherwise the EA cannot pass license verification.
• - An active internet connection is required during the first run for DLL license verification.
• - If prompted with "DLL imports are not allowed", please reload the EA and check the respective option.

• 5. Loading the EA (Master / Provider Side)
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• 1. On the Master account MT4/MT5 platform, open any chart

2. In the left "Navigator" panel → "Expert Advisors"
Find "Floating Loss Copier EA" and drag it onto the chart

3. In the pop-up parameter settings window, configure the following settings:

EA Work Mode → Select "Master Mode"

Trim Symbol to First 6 Chars → Recommended default: true
(Using the first 6 characters helps cross-platform symbol matching)

Enable Logging → Recommended to turn ON for troubleshooting

• 4. Switch to the "Common" tab and confirm the following are checked:
• ☑ Allow Algo Trading
• ☑ Allow DLL imports

5. Click "OK". If "Floating Loss Copier EA - Master Mode" appears in the top-left corner of the chart, it is running properly.

• Information displayed on top-left of the chart:
• - Account Number
• - Current Open Positions Count
• - Current Floating Loss Amount

• 6. Loading the EA (Slave / Copier Side)
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• 1. On the Slave account MT4/MT5 platform, open any chart

2. Find "Floating Loss Copier EA" in the left "Navigator" panel and drag it onto the chart

3. In the pop-up parameter settings window, configure the following settings:

EA Work Mode → Select "Slave Mode"

Master Account Number → Enter the Master Account number
(Enter 0 to auto-scan; Master EA must be running on the same computer)

• [Floating Loss Trigger Settings]
• Trigger Floating Loss Amount → Triggers copy trading when master floating loss reaches this value (Default: 100 USD)
• Floating Loss Check Interval (Sec) → Detection interval in seconds (Default: 5s)
• Copy First Order Only → true to copy only the first position / false to copy all positions
• Copy All Orders → true to copy all positions once triggered

• [Copy Lot Size Settings]
• Copy Lot Type → Proportional Lot / Fixed Lot Mode
• Lot Multiplier → Multiplier ratio for proportional lot (Default: 1.0)
• Fixed Copy Lot Size → Position size under Fixed Lot mode (Default: 0.01)

• [Profit Close Out Settings]
• Enable Profit Close Out → true to Enable / false to Disable
• Profit Close Amount → Closes all copied positions when total floating profit hits this amount (Default: 10 USD)
• (Once closed, positions reset and can be triggered cyclically again)

• [Other Settings]
• Copy SL/TP → true to copy master Stop Loss & Take Profit / false to omit SL/TP
• Reverse Copying → true to enable reverse copying (Buy → Sell, Sell → Buy)
• Symbol Mapping → Format: XAUUSD|GOLD,EURUSD|EURUSDm
• (Custom symbol name mapping, separated by commas for multiple pairs)
• Symbol Suffix → e.g., "m", ".pro", etc., automatically appends suffix to match symbols
• Two-Way Sync Close → true for two-way sync (manual close on slave → closes master position as well)
• Enable Logging → Recommended to turn ON for easy troubleshooting

• 4. Switch to the "Common" tab and confirm the following are checked:
• ☑ Allow Algo Trading
• ☑ Allow DLL imports

5. Click "OK". Account selection buttons will appear in the top-right corner of the chart.

• Information displayed on top-left of the chart:
• - Monitored Master Account
• - Master Current Floating Loss / Trigger Threshold
• - Current Status (Waiting for trigger / Copying triggered / Closed by profit target)

• Top-right chart buttons:
• - Click to expand account list and select master account to monitor
• - Green button = Currently monitored account
• - Blue button = Other available accounts

• 7. Workflow Description
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• 1. Master EA continuously shares position data

2. Slave EA reads master data every second to check if floating loss reaches the set threshold

• 3. Triggering copy trading on floating loss:
• - First time floating loss meets threshold → Copying triggered; opens trades mirroring all current master positions
• - Continuous monitoring after trigger → Newly opened master orders are copied automatically

4. Master position closed → Slave automatically synchronizes and closes position

• 5. Profit target reached → Automatically closes all copied positions
• - Once positions are closed, active positions reset to zero and wait for the next trigger
• - Creates a cycle of "Trigger → Copy → Profit → Close → Re-trigger"

6. Two-Way Sync Close (Optional):
- Manual close on slave terminal → Master side automatically synchronizes and closes trade

• 8. Important Notes
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• 1. The Master and Slave terminals must run on the same computer/VPS

2. The Master terminal EA must be started first so the Slave terminal can read its data

3. Floating loss is represented as a negative value, but the threshold parameter is entered as a positive number.
Example: Trigger Floating Loss Amount = 100 means copy trading triggers when master floating loss reaches -$100 USD.

• 4. Symbol Mapping Instructions:
• - If Master symbol is "XAUUSD" and Slave symbol is "GOLD"
• - Set Symbol Mapping to: XAUUSD|GOLD
• - Auto Mapping: The system will attempt to match symbols with suffixes (e.g., EURUSD → EURUSDm)

• 5. Symbol Suffix Instructions:
• - If all symbols on the Slave side have the suffix ".pro"
• - Set Symbol Suffix to ".pro"
• - The system automatically appends the suffix for matching

• 6. Profit Close Out Cyclic Mode:
• - When enabled: Copy → Target profit hit → Close all → Positions cleared → Reset → Re-trigger
• - When disabled: Resets only after floating loss recovers and no positions remain open

• 7. Viewing Logs:
• - Open MT4/MT5 bottom "Terminal / Toolbox" → "Experts" tab
• - Log prefix definitions:
• [Master] = Master mode logs
• [Slave] = Slave mode logs
• [Drawdown Trigger] = Floating loss trigger events
• [Open Trade] = Slave trade opening logs
• [Slave Close] = Synchronized position close logs
• [Profit Close] = Target profit close logs
• [Auth] = License verification logs

• 9. Frequently Asked Questions (FAQ)
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• Q: Slave terminal displays "Master account not connected"
• A: Ensure the Master EA is attached and running, then wait a few seconds for auto-connection.

Q: Slave terminal does not trigger copy trading
A: Check whether the Master floating loss has reached the trigger threshold (note that floating loss is negative).

Q: Slave order placement fails for symbol
A: Check whether symbol names match; configure Symbol Mapping or Symbol Suffix accordingly.

Q: License validation fails
A: Check internet connection, ensure AuthDLL.dll is placed in the correct directory, and reload the EA.

Q: No account selection buttons on the chart
A: Ensure the parameter "Show Account Selection Buttons" is set to true.

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• If you have any questions, please contact Customer Support
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Suitable Scenarios

This product is suitable for traders using MT4/MT5 resources who require trade copying capabilities for strategy testing, chart analysis, account management, or automated trading assistance. It is strongly recommended to test settings and compatibility in a demo account environment before live deployment.