Increase / Decrease Lot size EA?

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Nigel Davis
326
Nigel Davis  

 Good afternoon,

                           I have registered to the website with the hopes of being ranked number 1. However, using a martingale EA which works based on an assumption that it won't experience more than x amount of losses is how it throws out its lot size. The EA I am looking for is one which allows the signal copier to increase the lot size by x amount if the signal provider throws out an order less than x. 

Sergey Golubev
Moderator
106772
Sergey Golubev  
Nigel Davis:

 Good afternoon,

                           I have registered to the website with the hopes of being ranked number 1. However, using a martingale EA which works based on an assumption that it won't experience more than x amount of losses is how it throws out its lot size. The EA I am looking for is one which allows the signal copier to increase the lot size by x amount if the signal provider throws out an order less than x


If you are talking about Signal service so this is the procedure below to increase lot size for the signal subscribers (if not so you should ask the help in Freelance for example):

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Different Standard Lot Size between subscriber broker and signal broker

Alain Verleyen, 2014.02.15 10:18

About rounding of ratio, please read the Frequently Asked Questions about the Signals service point 15. How the lot size itself is rounded I am not sure, in your example (10% applied to 0.20 lot) it seems you are right. Can you provide more details ?

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Can you change the ratio in which a signal is subscribed to?

Alain Verleyen, 2014.02.04 13:31

You have only 2 ways to act on the calculated ratio :

  • Increase "% of deposit used" in Signals settings.
  • Add more capital to your account.

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Change the Volume Size

Stuart Browne, 2014.09.02 11:59

Hi georg

The only way you can change the lot size (within the rules of MetaQuotes) is to adjust your deposit, % allocation and leverage. The article here should help.


Cheers
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Sergey Golubev
Moderator
106772
Sergey Golubev  

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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

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