SonicTradeCopier MT4

[TopicStarter]

Introduction​

As a professional trader and MQL5 programmer from the EASY Trading Team, I am here to provide an unbiased overview of the SonicTradeCopier MT4 trading robot. This robot is a trade copier designed to replicate trades from one MetaTrader 4 account to another. Due to the lack of reviews and user feedback, we invite readers to leave their impressions and ratings to help others make an informed decision.

For more detailed statistics about the SonicTradeCopier MT4, visit the official website here.

Comparison with EASY Trading Robot​

For a comprehensive review, it is essential to compare SonicTradeCopier MT4 with one of our own trading robots - EASY Trendopedia.

EASY Trendopedia focuses on trend-following strategies utilizing technical indicators to identify entry and exit points. It offers a robust risk management system and has garnered positive feedback from its users.

Key differences include:

• EASY Trendopedia is specifically designed for trend-following, whereas SonicTradeCopier MT4 functions purely as a trade copier.
• Risk Management: EASY Trendopedia includes advanced risk management features, while SonicTradeCopier MT4 relies on the risk management of the original signal.
• User Reviews and Ratings: EASY Trendopedia has positive user feedback and a solid rating, whereas SonicTradeCopier MT4 has no reviews or ratings yet.
• Profitability: EASY Trendopedia has a track record of profitability due to its trend-following strategy and risk management.

Pros and Cons​

SonicTradeCopier MT4:

• Pros:
  - Easy setup and configuration.
  - Efficiently replicates trades from one account to another.
  - Useful for managing multiple accounts.
• Cons:
  - No user reviews or ratings available.
  - Relies entirely on the quality of the original trade signals.
  - Limited risk management features.

EASY Trendopedia:

• Pros:
  - Advanced trend-following strategy.
  - Robust risk management features.
  - Positive user feedback and ratings.
• Cons:
  - Requires calibration for optimal performance.
  - Can be more complex to configure compared to a trade copier.

Optimal Usage Conditions​

SonicTradeCopier MT4 works best in scenarios where:
- Multiple MetaTrader 4 accounts need to be managed simultaneously.
- There is confidence in the quality of the original trade signals.
- Users prefer not to manually manage trades across multiple accounts.

On the other hand, EASY Trendopedia excels in volatile markets where trend-following strategies can maximize returns. It is suitable for traders who prioritize advanced risk management and a trend-based approach.

Source Code of SonicTradeCopier MT4​

The original source code of SonicTradeCopier MT4 is not publicly available. However, based on its description on the MQL5 marketplace, we can create a similar trade copier algorithm. If you have any questions regarding the code, please feel free to ask. Remember, this is an example code from easytradingforum.com, based on the SonicTradeCopier MT4 description. The EASY Trading Team does not sell the SonicTradeCopier MT4 but provides a code created based on its publicly available description.

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Download and Install SonicTradeCopier MT4​

To download and install SonicTradeCopier MT4, visit the official MQL5 marketplace. If you have used SonicTradeCopier MT4, please share your experiences and opinions on the forum. Your feedback is invaluable for other traders.

For more information and to download SonicTradeCopier MT4, visit the official SonicTradeCopier MT4 download page.