You can calculate the lot size by yourself using the example below:
Forum on trading, automated trading systems and testing trading strategies
How to Start with Metatrader 5
Sergey Golubev, 2017.02.02 07:45
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
Let's consider a specific example of using the volumes management system:
Calculation of Provider's and Subscriber's position volumes ratio:
Thus under the given conditions, Provider's deal with volume of 1 lot will be copied:
- 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:
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
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
Signal Subscriber Lot Size Question
Sergey Golubev, 2017.02.02 07:42
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:
You can see an example of calculations in the General information on Trading Signals for MetaTrader 4 and MetaTrader 5 article.
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".
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.
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
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?
Hi ,do copy trades if provider is on standard account and subscriber is on micro acc