Frequently Asked Questions about the Signals service - page 48

[Henry Ang Kok Hai]

Sorry, also, if Subscriber and Provider are on the same broker (i.e: Oanda server), does that mean they don't have to leave the subscriber's MT4 platform on 24/5 for the trading activities to be copied?

[Alain Verleyen]

haresearch:
Sorry, also, if Subscriber and Provider are on the same broker (i.e: Oanda server), does that mean they don't have to leave the subscriber's MT4 platform on 24/5 for the trading activities to be copied?

MT4 platform must be running 24/5 in all cases. Nothing to do with the broker.

[Alain Verleyen]

haresearch:
Do you have more information of VPS?

https://www.mql5.com/en/articles/595

[Robert Kovacs]

Hi,

 

I cannot find related topic about multi signal provider.

I am trading on 2 accounts which are somewhat heading each others, but I do not know how can I provide both signal on my account.

Any info would be helpful.

Thank you.

[Varun Parkash]

to generate signals from ea ,is it necessary for signal provider to run ea on vps to work smoothly, can ea generate without vps

[Varun Parkash]

is subscribers lot size also changes when signal provider lot changes

[kjh7273]

Hi

I want to fixed lot size 0.4

But I cannot set fixed lot size.

how can I do it?

And should I turn on my pc or VPS for signal service?

Please  reply

Thank you

[Stuart Browne]

kjh7273:
Hi

I want to fixed lot size 0.4

But I cannot set fixed lot size.

how can I do it?

And should I turn on my pc or VPS for signal service?

Please  reply

Thank you

Hi

Do you mean as a signal subscriber, you want to have a fixed lot size of 0.4? If so, it's not possible to set a fixed lot size using the signal service and the built-in MetaTrader signal options. It's also a bad idea as it changes the logic of what the signal provider is trying to do with his strategy.

And yes, you should either leave your PC on 24/7 or get a VPS. As soon as MetaTrader is off, you can't receive the signal 

[Paolo Prandi]

While testing my signal as both Signal Provider and Signal Subscriber to make sure everything was working fine I came to a conclusion. Most signals with any kind of money management (e.g. either increasing or diminishing base lot size when winning/losing X times in a raw, or martingales or pyramiding with increasing/decreasing lots, etc.) won't work as intended by the Provider unless the Subscriber a) has the same exact amount of balance +5% and leverage or b) his balance and leverage make the client calculate the lots by 100% steps (percentage for volume conversion selected according to the ratio of balances and leverages equals to 100% or 200% or 300% etc.)

Would have been so very easier to allow the Subscriber to over-ride the automatic volume conversion as an option and let people select a volume multiplier within a reasonable range of their balance/leverage ratio.

As it is, I would not advise to subscribe Signals using any kind of built in money management.

Cheers.

[Gurmeet Budhraja]

psword:

While testing my signal as both Signal Provider and Signal Subscriber to make sure everything was working fine I came to a conclusion. Most signals with any kind of money management (e.g. either increasing or diminishing base lot size when winning/losing X times in a raw, or martingales or pyramiding with increasing/decreasing lots, etc.) won't work as intended by the Provider unless the Subscriber a) has the same exact amount of balance +5% and leverage or b) his balance and leverage make the client calculate the lots by 100% steps (percentage for volume conversion selected according to the ratio of balances and leverages equals to 100% or 200% or 300% etc.)

Would have been so very easier to allow the Subscriber to over-ride the automatic volume conversion as an option and let people select a volume multiplier within a reasonable range of their balance/leverage ratio.

As it is, I would not advise to subscribe Signals using any kind of built in money management.

Cheers.

Use MT4 copier for same...subscribe to signal with 1/10th of the providers funds and then use MT4 copier to decide how you want to run trades. When running 1/100th condition, all positions will be 0.01 until provider opens more than 1.0 lot size trade - this will give you handled on how much leverage you want to use...just a thought, surely have management of two accounts with MT4 copier