How to Install
What's in the MC2MT5 Copier Pack?
The MC2MT5 Trade Copier Pack includes the following essential components for seamless copying between MultiCharts/TradeStation and MetaTrader 5:
RECOMMENDED PLATFORM: While our Copier has been extensively tested across multiple MT5 platforms, we have identified Darwinex Zero's MT5 terminal as providing the most stable and reliable performance. For optimal trade execution and minimal latency issues, we strongly recommend using this specific terminal.
Installation
MC2MT5 Shared Folder Setup
1. Create a folder on your C: drive that both platforms can access. The default path is: C:\MC2MT5
This folder is where MultiCharts/TradeStation writes signal files and MT5 reads them. You can use a different path, but both sides must point to the same folder. Keep the path short and simple.
MT5 Setup
1. Place MC2MT5.ex5 in MT5's Experts\Advisors folder
Place MC2MT5.ex5 into your MT5 Experts/Advisors folder
MultiCharts Setup
Import MC2MT5-MC.pla into PowerLanguage Editor
TradeStation Setup
Import MC2MT5-TS.eld into EasyLanguage Editor
Putting It All Together
Follow this sequence to ensure proper initialization and communication between platforms:
Step 1: MultiCharts/TradeStation Configuration
Open Muticharts, open the chart you want to copy from, insert the strategy and MC2MT5.pla (Insert Study -> Indicators) and set the MagicNumber as something you'll remember like 100, or 111. (different numbers were used in this example)
NOTE: If TradeStation is used instead of MultiCharts, insert the strategy, then MC2MT5.eld indicator into your desired chart, set the inputs and make sure "Update Value Intra-Bar" is selected.
Multicharts
TradeStation
TradeStation (Customize Indicator -> General)
Step 2: MT5 Configuration
Drag MC2MT5 EA onto chart and configure the following settings:
• Enable all checkboxes in Common and Dependencies tabs
• MagicNumber - Must match MultiCharts/TradeStation exactly
• Position Sizing - Choose ONE method:
Setting Magic Number & Folder to match Multicharts/TradeStation
• Optional: Set StopLoss/TakeProfit in points
• ReverseTrades: For inverse pairs (e.g., @JY futures → USDJPY forex)
â– â– IMPORTANT: If using SL/TP, trades will auto-reopen if MT5 closes them while
MultiCharts/TradeStation remains in position.
Voila, as soon as you click "Ok", the copier will read the position from Multicharts/TradeStation and execute it instantly, you will see the result of it on "Experts" and "Journal" tab, on your MT5
Initialisation if Magic Number is NOT IN THE TRADE (or file not written yet)
Initialisation if Magic Number is currently IN THE TRADE (market is closed in this case)
Multiple Strategies
You can run multiple strategies simultaneously by using unique MagicNumber/Name combinations for each strategy. This ensures signals are correctly routed through SharedVar realms without interference.
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For more questions head into our FAQ section.
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Happy Trading!