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Frequently Asked Questions about the Signals service - page 84

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bkproteus
158
bkproteus  
I subscriber the Signal with the same leverage but double balance (Provider balance is 500 and mine is 1000), 95% set. But I see only the same lot size btw me and them. Can anybody explain me why my lot size is not double to the provider?
Sergey Golubev
Moderator
100885
Sergey Golubev  
bkproteus:
I subscriber the Signal with the same leverage but double balance (Provider balance is 500 and mine is 1000), 95% set. But I see only the same lot size btw me and them. Can anybody explain me why my lot size is not double to the provider?


You can calculate the lot size by yourself using the example below:

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How to Start with Metatrader 5

Sergey Golubev, 2017.02.02 07:45

How to Select a Deal Volume?
The question of how exactly the Subscriber's deposit will participate in trading via Signals service is one of the most critical ones. When solving this issue, we followed the already mentioned principle - providing maximum protection for each participant. As a result, we can offer a secure solution for Subscribers.

The question of how exactly the Subscriber's deposit will participate in trading via Signals service is one of the most critical ones. When solving this issue, we followed the already mentioned principle - providing maximum protection for each participant. As a result, we can offer a secure solution for Subscribers.

When enabling signals in the terminal and subscribing to one of them, Subscribers should select what part of the deposit is to be used when following the signals. There was an alternative solution of setting the ratio between Subscriber's and Provider's position volumes. But such a system could not guarantee the security of the Subscriber's deposit. For example, suppose that Provider's deposit is 30 000$, while Subscriber's one is 10 000$ and the ratio of 1:1 has been selected. In that case, the Signals Provider may just wait out temporary drawdown having a large volume order, while the Subscriber may lose all the funds with all his or her positions closed by Stop Out. The situation may get even worse if the Provider's balance suddenly changes (top up or withdraw), while previously specified volumes ratio remains intact.

To avoid such cases, we have decided to implement the system of percentage-based allocation of the part of a deposit, which is to be used in trading via the Signals service. This system is quite complicated as it considers deposit currencies, their conversion and leverages.

Let's consider a specific example of using the volumes management system:

  1. Provider: balance 15 000 USD, leverage 1:100
  2. Subscriber1: balance 40 000 EUR, leverage 1:200, deposit load percentage 50%
  3. Subscriber2: balance 5 000 EUR, leverage 1:50, deposit load percentage 35%
  4. EURUSD exchange rate = 1.2700

Calculation of Provider's and Subscriber's position volumes ratio:

  1. Balances ratio considering specified part of the deposit in percentage terms:
    Subscriber1: (40 000 * 0,5) / 15 000 = 1,3333 (133.33%)
    Subscriber2: (5 000 * 0,35) / 15 000 = 0,1166 (11.66%)
  2. After considering the leverages:
    Subscriber1: the leverage of Subscriber1 (1:200) is greater than Provider's one (1:100), thus correction on leverages is not performed
    Subscriber2: 0,1166 * (50 / 100) = 0,0583 (5.83%)
  3. After considering currency rates of the deposits at the moment of calculation:
    Subscriber1: 1,3333 * 1,2700 = 1,6933 (169.33%)
    Subscriber2: 0,0583 * 1,2700 = 0,0741 (7.41%)
  4. Total percentage value after the rounding (performed using a multistep algorithm):
    Subscriber1: 160% or 1.6 ratio
    Subscriber2: 7% or 0.07 ratio

Thus under the given conditions, Provider's deal with volume of 1 lot will be copied:

- to Subscriber1 account in amount of 160% -  volume of 1.6 lots

- to Subscriber2 account in amount of 7% -  volume of 0.07 lots

Be careful not to confuse the percentage value of the used part of the deposit and the actual ratio of position volumes. The trading terminal allows setting the part of the deposit in percentage value. This value is used to calculate the ratio of position volumes. This data is always fixed in the log and is shown in the following way:

Subscriber1:

2012.11.12 13:33:23    Signal    '1277190': percentage for volume conversion selected according to the ratio of balances and leverages, new value 160%

2012.11.12 13:27:55    Signal    '1277190': signal provider has balance 15 000.00 USD, leverage 1:100; subscriber has balance 40 000.00 EUR, leverage 1:200

2012.11.12 13:27:54    Signal    '1277190': money management: use 50% of deposit, equity limit: 0.00 EUR, deviation/slippage: 1.0 spreads

Subscriber2

2012.11.12 13:33:23    Signal    '1277191': percentage for volume conversion selected according to the ratio of balances and leverages, new value 7%

2012.11.12 13:27:55    Signal    '1277191': signal provider has balance 15 000.00 USD, leverage 1:50; subscriber has balance 5 000.00 EUR, leverage 1:50

2012.11.12 13:27:54    Signal    '1277191': money management: use 35% of deposit, equity limit: 0.00 EUR, deviation/slippage: 1.0 spreads

---------------


Forum on trading, automated trading systems and testing trading strategies

Signal Subscriber Lot Size Question

Sergey Golubev, 2017.02.02 07:42

Besides, you can use Calculator of the Signals (to calculate everything 'automatically' based on any pre-selected signal for example).
bkproteus
158
bkproteus  

I already read and understand. But in my case:


Provider account: 500 (leverage 1:100)

My account: 1000 (leverage 1:100 and use max 95% deposit)


--> So my lot size will be 1000:500*0,95= 1.9 The provider lot size.

It mean the Provider enter 1 lot, My account will enter 1.9 lot


But in this case He enter 10 order of 0,01 lot, My acc also enter the same 10*0,01 lot .


Is this because of 0,01*1,9 is less than 0,02 and be rounded as 0,01?

Sergey Golubev
Moderator
100885
Sergey Golubev  
bkproteus:

I already read and understand. But in my case:


Provider account: 500 (leverage 1:100)

My account: 1000 (leverage 1:100 and use max 95% deposit)


--> So my lot size will be 1000:500*0,95= 1.9 The provider lot size.

It mean the Provider enter 1 lot, My account will enter 1.9 lot


But in this case He enter 10 order of 0,01 lot, My acc also enter the same 10*0,01 lot .


Is this because of 0,01*1,9 is less than 0,02 and be rounded as 0,01?


Yes, may be (I did not find the source for rounded lot size from 0.019 to 0.01 for example but it may eb related to the broker's rule for that).

There is some other information (from the first post of the thread:

What rounding scheme is used for Provider's and Subscriber's percentage ratio of deals volume?

The following step-by-step algorithm is used for percentage rounding:

  1. If the value is less than 0.01%, it is rounded to 0.001%, i.e. it is assumed to be 0.001%. Examples: 0.007% => 0.001%, 0.000099 => 0.001%.
  2. If the value is greater than 0.01% and is less than 0.1%, it is rounded to hundredths. Examples: 0.063% =>0.06%, 0.045 => 0.05%. 
  3. If the value is greater than 0.1% and is less than 1%, it is rounded to tenths. Examples: 0.11 => 0.1%, 0.25% => 0.3%.
  4. If the value is greater than 1% and is less than 10%, it is rounded down to the nearest whole number. Examples: 6.25% => 6%, 7.79% =>7%.
  5. If the value is greater than 10% and is less than 100%, it is rounded down to the nearest whole number with step of 5%. Example: 29.7% => 25%.
  6. If the value is greater than 100%, it is rounded down to the nearest whole number with step of 10%. Example: 129.6% => 120%.


You can see an example of calculations in the General information on Trading Signals for MetaTrader 4 and MetaTrader 5 article.

PeterVonFrosta-
8
PeterVonFrosta-  

Hello,


after having subscribed a signal I changed my broker one week later. Is it possible to switch the signal from one broker-account to another within a running subscription period? I have the MT4-Terminal-Software on my Windows-PC. All open trades are closed. And the signal is set to "suspend".

Regards, Peter

Eleni Anna Branou
Moderator
4662
Eleni Anna Branou  
bkproteus:

I already read and understand. But in my case:


Provider account: 500 (leverage 1:100)

My account: 1000 (leverage 1:100 and use max 95% deposit)


--> So my lot size will be 1000:500*0,95= 1.9 The provider lot size.

It mean the Provider enter 1 lot, My account will enter 1.9 lot


But in this case He enter 10 order of 0,01 lot, My acc also enter the same 10*0,01 lot .


Is this because of 0,01*1,9 is less than 0,02 and be rounded as 0,01?


Yes, the lot size is always rounded down and never rounded up.
Eleni Anna Branou
Moderator
4662
Eleni Anna Branou  
PeterVonFrosta-:

Hello,


after having subscribed a signal I changed my broker one week later. Is it possible to switch the signal from one broker-account to another within a running subscription period? I have the MT4-Terminal-Software on my Windows-PC. All open trades are closed. And the signal is set to "suspend".

Regards, Peter


You cannot do that yourself, there isn't a move option for signal subscriptions as for VPS hosting.

The only thing you can do, is ask for a refund through the Service Desk and if you get it, you can subscribe again with your new broker/account.

Phongsak Khamwang
36
Phongsak Khamwang  
Yang May Leong:

u can pause a signal subscription via 2 methods

1) in mt4, untick everything including risk etc to pause it, MQL will no copy new trades from provider neither will it manage exit from provider

2) in mql logon to view your subscription and there is a pause button

a) Click on payment on your profile

b) search for payment to your signal and click on that link (pause signal pic). It will open up signal page

c) click on your acct number which appears under the provider's pic (acct subs to signal link)

d) it will open my signal subs page

e) scroll right there are 3 small icons (very small icons) for renewal, suspend, unsubs (signal subs page). Hover over the small icons to view the description and choose pause which has a "stop" sign

2) Pausing a signal and unsubs is still being charged

Hope this detail explanation helps. If not i can be reached via skype

subway2017
198
subway2017  

Subscribed to a signal on Friday (June 29) and purchased a virtual server. Today the signal is not attached to the account and the journal says "Signal: subscription not found". Opened a case with customer support. The signal itself is still available on MQL5 for subscription.

Is this a typical issue? How often do you guys see signal subscriptions disappearing from your accounts?

taflo1965
26
taflo1965  

Hi ,do copy trades if provider is on standard account and subscriber is on micro acc

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