IQ TRADE Expert Advisors

Two free MetaTrader 5 tools included with the FX & Prop Firm Kit — the Bridge EA executes TradingView signals on MT5, and the local Copier mirrors trades across your accounts.

The TradingView indicators are the IQ TRADE subscription. Our Expert Advisors are free tools we ship alongside them, included at no extra cost with the FX & Prop Firm Kit. They are MetaTrader 5 Expert Advisors, written in MQL5, that turn the indicator signals into real executed trades and mirror them across the accounts you choose. No license key. No phone-home. No monthly fee on top of your subscription.

Both EAs are free and license-free. They are bundled with the FX & Prop Firm Kit because they pair naturally with the IQ TRADE Strategy on MT5, but they carry no separate cost and impose no usage limits.

1. IQ TRADE Bridge EA

Our Bridge EA is the link between your TradingView strategy and your MetaTrader 5 account. The IQ TRADE Strategy fires a webhook alert; the alert lands at an endpoint you control; the Bridge EA polls that endpoint, picks up the signal, and executes the trade on your MT5 account. Same logic on every signal — no missed entries because you stepped away from the screen.

What it does on every poll

• Asks your webhook endpoint for new signals matching its configured magic number.
• If a fresh signal is waiting, parses the JSON — symbol, side, entry, stop-loss, take-profit.
• Skips signals older than your configured max-age (default 60 seconds) so a stale signal can’t fire after the market has moved.
• Skips a signal if a position with the same magic and symbol is already open (one-position-per-magic-per-symbol, optional).
• Places a market order, applies optional percentage-based TP and SL overrides, and acknowledges the signal so it isn’t processed twice.

Configurable inputs

• Webhook URL — points to your self-hosted endpoint.
• Magic number — tags every trade so the EA recognises its own positions.
• Magic whitelist — accept signals from multiple magics if you run more than one strategy.
• TP / SL percent overrides — let the EA enforce its own TP/SL rather than what the signal carries.
• Ensure-stops mode — re-apply stops after the fill in case the broker rejected them at entry.
• One position per magic-symbol — prevents stacking when a strategy re-fires.
• Max signal age — drops anything older than this.
• Poll cadence — how often to ask the webhook (default 2 seconds).

You host the webhook yourself. The Bridge EA polls a URL you control — your own VPS endpoint, a Pipedream workflow, a small PHP script, any service that can receive TradingView alerts and serve them to the EA. We provide the EA and the alert-payload format; the webhook endpoint is your setup. This is intentional: you retain full control over your trading data and we never see your trades. The included guides cover one straightforward way to get this running.

2. IQ TRADE Copier (Master + Slave)

The Copier replicates trades from one MetaTrader 5 account onto one or more others. Open a position on the Master account; within a second or two, every Slave running with the same channel key opens the same position, sized correctly for that Slave’s equity. Close on the Master; every Slave closes. Adjust the stop on the Master; every Slave’s stop updates.

This is a peer-to-peer copier. There is no server. The Master writes events to a small JSON file in MetaTrader’s shared Common Files folder; Slaves on the same machine read that file and act on the events. Sub-millisecond local latency, no network dependency, no third party seeing your trades.

What the Master broadcasts

• Opens — new positions, with symbol, side, volume, stop-loss and take-profit.
• Closes — full closes and partial closes.
• Modifies — every change to stop-loss or take-profit.
• Heartbeats — periodic confirmation that the Master is still running.

What the Slave does

Polls the shared event file at a configurable cadence. For each new event, looks up its own ticket map to find the corresponding local position, then opens / closes / modifies as needed. Persistent dedup via MT5’s global variables means a Slave restart can never double-execute an event.

Sizing — match each Slave to its own account

• Mirror — copy the Master’s lot size exactly.
• Multiplier — fixed lot multiplier per Slave.
• Risk percent — size each Slave so the SL distance is a chosen percentage of that Slave’s equity.
• Auto-equity — scale lot size by the ratio of Slave equity to Master equity.

Per-slave overrides — symbol prefix or suffix (for brokers that name symbols differently), magic whitelist, max-lot cap, slippage tolerance — let one Master drive a mix of different brokers and account sizes.

Cross-machine setups

Master and Slave on the same VPS or PC need no extra setup — they find each other automatically through the Common Files folder. For Master and Slave on different machines, point the Common Files folder at a Dropbox, OneDrive or Google Drive synced folder; the cloud sync handles cross-machine event delivery with a 1-3 second lag. The included Copier guide walks through this.

What this means for prop-firm traders

The combination is built for prop firms. Run your decision-making account (the Master) on one MT5 terminal; mirror it onto every funded account you operate. Each Slave is sized for the funded account it lives on, and respects that account’s risk parameters. The Funded Accounts Guide that ships with the FX kit covers prop-firm-specific configuration, including how to stay inside common daily-loss and lot-size rules.

Both EAs are included with the FX & Prop Firm Kit

7-day free trial. No charge until day 8. Cancel anytime. See plans at iqtrade.ai/pricing.

Risk disclaimer. Trading carries risk and is not suitable for everyone; you can lose money. The Expert Advisors are tools that execute orders you configure — they do not provide financial, investment, or trading advice and they do not guarantee any result. You are responsible for the configuration of every EA, the rules of your broker and prop firm, and the consequences of every trade. See our Terms of Use for the full risk disclosure.