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Installation (MT5 & others)

Important Notice (April 11, 2025): A dedicated, standalone version of FundedEA Quantum for the MetaTrader 5 (MT5) platform is currently under development and planned for release soon. The method described below, using TradersConnect, serves as a current solution for users who wish to apply FundedEA Quantum's trading logic to MT5, cTrader, or DXTrade accounts before the native MT5 version is available.

Introduction:

FundedEA Quantum is natively designed for the MetaTrader 4 (MT4) platform. However, by utilizing the cloud-based trade copying service TradersConnect, you can effectively mirror the trades generated by FundedEA Quantum on your MT4 account to your MT5, cTrader, or DXTrade accounts in real-time. This guide details the setup process.

What You Will Need:

  1. A Demo MT4 Account: From a reputable broker (e.g., Eightcap, IC Markets are commonly used). This will serve as the "Master" account.

  2. FundedEA Quantum EA: Successfully installed, configured, and activated on the MT4 Demo account (see Section 1.2).

  3. A Live or Demo MT5, cTrader, or DXTrade Account: This will be the "Slave" account where trades are copied to.

  4. A TradersConnect Account: The service linking the Master and Slave accounts.

Section 1: Prepare the Master Trading Environment (MT4)

Step 1.1: Create a Dedicated Demo MT4 Account

  • Why a Demo MT4 Account? FundedEA Quantum runs natively on MT4. This account acts as the source ("Master") where the EA executes its trades. Using a demo account is often recommended for the master when copying to avoid potential broker conflicts or doubling costs if running the master live as well.

  • Action:

    1. Visit a broker website that offers MT4 demo accounts (e.g., Eightcap, IC Markets).

    2. Follow their process to register and open a Demo MT4 Account.

    3. Crucially, save the MT4 Account Number, Password, and Server Name. You will need these credentials multiple times.

Step 1.2: Install and Configure FundedEA Quantum on the MT4 Demo Account

  • Why? The EA must be fully operational on the MT4 Master account to generate the trades that will be copied.

  • Action:

    1. Follow the Comprehensive Installation Guide: FundedEA Quantum on MT4 to install the EA onto the Demo MT4 account you just created.

    2. Ensure the EA is correctly configured:

      • The desired Setfile is loaded.

      • The Verification Key is entered and valid for the MT4 demo account number.

      • AutoTrading is enabled in the MT4 platform (green icon in the toolbar).

      • The EA shows a smiley face (😊) on the chart.

    3. Remember: All ongoing management of FundedEA Quantum (loading setfiles, applying Daily Analysis adjustments, managing the license key) must be performed on this MT4 Master account.

Section 2: Set Up the Trade Copier Service (TradersConnect)

Step 2.1: Register with TradersConnect

  • What is TradersConnect? It's a cloud-based service that monitors your MT4 Master account and automatically copies its trades to your connected Slave account(s).

  • Action:

    1. Go to the TradersConnect Website (or the correct URL).

    2. Sign up for an account using your email address and complete their registration process.

Step 2.2: Connect Your Trading Accounts to TradersConnect

  • Why? This links your accounts within the copier service, defining the source (Master) and destination (Slave) for trades.

  • Action:

    1. Log in to your TradersConnect dashboard.

    2. Add Master Account:

      • Navigate to the 'Accounts' or 'Add Account' section.

      • Choose to add a Master Account.

      • Select MT4 as the platform.

      • Enter the MT4 Demo Account Credentials (Account Number, Password, Server) you saved earlier. Follow any verification steps required by TradersConnect.

    3. Add Slave Account:

      • Repeat the process to add an account, but this time select Slave Account.

      • Choose the correct platform (MT5, cTrader, or DXTrade).

      • Enter the Account Credentials (Account Number, Password, Server) for your target MT5, cTrader, or DXTrade account, as provided by that account's broker.

Section 3: Configure the Copy Settings in TradersConnect

  • Why? These settings determine how trades are replicated, particularly regarding trade size, to align with the Slave account's equity and your risk preferences.

  • Action:

    1. Within your TradersConnect dashboard, navigate to the 'Copy Settings' or 'Configuration' area for the link between your Master (MT4) and Slave (MT5/cTrader/DXTrade) accounts.

    2. Set the following parameters (recommended starting point):

      • Risk Type: Balance Multiplier (or Equity Multiplier if preferred/available)

      • Risk Setting / Multiplier: 100 (or 1.0 depending on copier interface)

      • Explanation: Setting the Balance/Equity Multiplier to 100 (or 1.0) typically means the trade size on the Slave account will be adjusted proportionally based on the ratio of the Slave account's balance/equity to the Master account's balance/equity. For example, if both accounts have the same balance, trades should be copied with the same lot size. If the Slave account has double the balance, the lot size should be doubled (verify this logic within TradersConnect's documentation).

    3. Review and save the copy settings. Understand the implications of different risk types before changing from the recommendation.

Section 4: Activation and Ongoing Operation

  • How it Works:

    1. FundedEA Quantum runs exclusively on your MT4 Demo (Master) account.

    2. TradersConnect monitors the Master account via the cloud.

    3. When the EA executes a trade on MT4, TradersConnect detects it and instantly places a corresponding trade on your linked MT5/cTrader/DXTrade (Slave) account according to your copy settings.

  • Activation Steps:

    1. Keep MT4 Running: The MT4 platform with FundedEA Quantum active must remain running and connected to the internet 24/7 for trades to be copied.

    2. Use a VPS (Highly Recommended): To ensure continuous operation without relying on your personal computer being on, install and run your MT4 Master account on a Virtual Private Server (VPS).

    3. Monitor: Log in to your MT5, cTrader, or DXTrade platform (the Slave account) to observe the copied trades being executed. Also, regularly check the TradersConnect dashboard for copy status and logs.

Section 5: Important Considerations & Best Practices

  • VPS is Crucial: Running the MT4 Master account on a reliable VPS is strongly advised for uninterrupted trade copying.

  • EA Management on MT4 ONLY: Remember that all FundedEA Quantum settings, setfile updates, license management, and adjustments based on Daily Analysis must be done on the MT4 Master account. Changes are not made on the Slave platform or within TradersConnect (except for copy settings).

  • Monitor Performance: Regularly check the performance on both the MT4 Master account and the MT5/cTrader/DXTrade Slave account, as well as the TradersConnect dashboard, to ensure everything is synchronized as expected.

  • Potential Latency: Be aware that there might be a small delay (latency) between the trade execution on the MT4 Master and its replication on the Slave account due to the nature of cloud copying.

  • Native MT5 Version: Keep an eye out for announcements regarding the official release of the native MT5 version of FundedEA Quantum, which will eliminate the need for this trade copier setup for MT5 users.

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