Author: Rimantas Petrauskas
Rimantas Petrauskas is a software developer who has built trading tools for MetaTrader traders since 2009. He created Local Trade Copier in 2010 and still develops it today. It copies trades locally between MT4 and MT5 accounts on a trader’s own PC or VPS. He also created FxMagnetic and Equity Sentry EA. Rimantas is the author of two books: “How to Start Your Own Forex Signals Service”, which reached #4 in Amazon’s Forex category in its launch week, and “Trading Mindset Unlocked” (2025), a guide to the psychology of prop and retail traders. He runs Algonexis Technologies, based in UAE.
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Run FxMagnetic MT4 Strategies on MT5 and Several Prop Accounts From One VPS (No Cloud Copier)
Run the FxMagnetic Autotrader on one MT4 terminal with LTC Server attached, and LTC Client copies its trades to MT5 and other MT4 accounts…
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Local Trade Copier 3.1.8 for MT4 and MT5 Adds Minimum-Lot Protection for Prop Trading Accounts
Rimantas Petrauskas has released Local Trade Copier 3.1.8 for MT4 and MT5. The trade copier adds a minimum-lot safety limit for small and prop…
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New Local Trade Copier 3.0.0 Update Brings Greater Control to Multi-Account Forex Trading
Dubai, UAE – June 3, 2026 – Managing multiple trading accounts often requires balancing execution accuracy, risk management, broker compatibility, and platform-specific requirements. The…
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FxMagnetic 1.9.0 Released with Advanced Trade Filtering and Automation Controls for Forex and Prop Traders
Dubai, UAE – April 23, 2026 — Rimantas Petrauskas has announced the global release of FxMagnetic 1.9.0, introducing enhanced trade filtering, improved automation flexibility,…
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FxMagnetic 1.8.0 Released with Breakout Trading Automation and Equity Simulation Tools for Forex and Prop Traders
Dubai, UAE – March 16, 2026 — Rimantas Petrauskas has announced the global release of FxMagnetic 1.8.0, introducing new tools designed to improve forex…
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Discover Winning Breakout Strategies With FxMagnetic™ Breakout Trader
In this tutorial, we will walk you through the process of discovering winning Breakout trading strategies with FxMagnetic™ Breakout Trader effectively. You’ll learn essential…
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Various Trading Styles With FxMagnetic™ Breakout Trader
In this tutorial, we will explore the core trading strategies available in FxMagnetic™ Breakout Trader. Each strategy comes with multiple variations and modes to…
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How To Read & Set Up Strategy Settings From The Screenshot
In this tutorial, we will walk you through how to read and set up strategy settings from a screenshot using FxMagnetic Breakout Trader. You’ll…
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MetaTrader 4 to MetaTrader 5 Trade Copying: Complete Configuration Guide
Welcome to this complete guide on copying trades between MetaTrader 4 and MetaTrader 5 platforms. While this might seem straightforward at first glance, there…
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Various Trading Styles With FxMagnetic® FVG Trader
In this tutorial, we will explore the core trading strategies available in FxMagnetic FVG Trader. Each strategy comes with multiple variations and modes to…
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Discover Winning Fair Value Gap Strategies With FxMagnetic® FVG Trader
In this tutorial, we will walk you through the process of discovering winning Fair Value Gap trading strategies with FxMagnetic FVG Trader effectively. You’ll…
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FxMagnetic 1.6.0 Update Introduces Fair Value Gap Trader and New Strategy Optimization Tools
London, UK – December 22, 2025 — FxMagnetic, the developer of chart-based strategy automation tools for MetaTrader users, has announced the global release of…