Forward http socks4 socks5 to local port and use

[FreeM1ne]

I want to redirect a purchased proxy in the format of
type:ip:port:login:password
To the format
type:localhost:port

[abhinavsingh]

@FreeM1ne can you kindly elaborate more? May be a diagram using ---> and <--- will help me understand better what you are after and offer a solution :D