Signal synchronization

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BlackVulcano7
57
BlackVulcano7  
What happens on a practical level if I don't tick the box "Synchronizartion without confirmations" (so with confirmations) ? 


Urgent Reply pls 
Sergey Golubev
Moderator
116976
Sergey Golubev  

MetaTrader 4 Help → Signals → Signal Subscribers
and
MetaTrader 5 Help → Trading Signals and Copy Trading → How to Subscribe to a Signal

  • Synchronize positions without confirmations – automatic synchronization without additional confirmation. When subscribing to a signal, trading states of the Subscriber's and Provider's accounts are synchronized. This can be a primary synchronization when activating the subscription or a re-synchronization during copying.
    If pending orders or non-signal positions (opened manually or by an Expert Advisor) are detected at the Subscriber's account during synchronization, the dialog offering to close the positions and remove the orders is displayed. If during the initial synchronization, a provider account has floating (unfixed) profit, a user will see a dialog window offering to wait for better conditions to start copying. In both cases, synchronization is not performed and copying of signals is stopped until the user makes the decision by clicking the appropriate dialog button.
    If the platform is working around the clock without constant external control (for example, runs on VPS), confirmation requests to perform synchronization are left unanswered and thus can prevent signals from being copied. When this option is enabled, synchronization is always performed automatically without the need for Subscriber's confirmation.

    • If there are custom positions/orders, they are left on the account, while the system starts/proceeds copying the Provider's trades.
    • If the Provider has a floating profit, the platform does not wait for better entry conditions and starts copying immediately.
MetaTrader 4 Help
MetaTrader 4 Help
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For making a decision to trade, reliable on-line information is necessary. For that, quotes and news are delivered at the terminal in the real-time mode. On basis of on-line delivered quotes, it is possible to analyze markets using technical indicators and line studies. Expert advisors allow to work off routine of observing markets and the own...
BlackVulcano7
57
BlackVulcano7  
Sergey Golubev:

MetaTrader 4 Help → Signals → Signal Subscribers 

  • Synchronize positions without confirmations – automatic synchronization without additional confirmation. When subscribing to a signal, trading states of the Subscriber's and Provider's accounts are synchronized. This can be a primary synchronization when activating the subscription or a re-synchronization during copying.
    If pending orders or non-signal positions (opened manually or by an Expert Advisor) are detected at the Subscriber's account during synchronization, the dialog offering to close the positions and remove the orders is displayed. If during the initial synchronization, a provider account has floating (unfixed) profit, a user will see a dialog window offering to wait for better conditions to start copying. In both cases, synchronization is not performed and copying of signals is stopped until the user makes the decision by clicking the appropriate dialog button.
    If the platform is working around the clock without constant external control (for example, runs on VPS), confirmation requests to perform synchronization are left unanswered and thus can prevent signals from being copied. When this option is enabled, synchronization is always performed automatically without the need for Subscriber's confirmation.
  • If there are custom positions/orders, they are left on the account, while the system starts/proceeds copying the Provider's trades.
  • If the Provider has a floating profit, the platform does not wait for better entry conditions and starts copying immediately.
So you can decide to open or not each Provider's position through the dialog window?
Sergey Golubev
Moderator
116976
Sergey Golubev  
Manually closed trades are again syncronized with Signal's opened positions
Manually closed trades are again syncronized with Signal's opened positions
  • 2017.03.17
  • www.mql5.com
I have subscribed MT4 Signal. "Synchronize positions without confirmation" is not ticked, so is disabled. Using VPS...
BlackVulcano7
57
BlackVulcano7  
Exscuse me but I don't understand very well...Can you explain me shortly ?
Sergey Golubev
Moderator
116976
Sergey Golubev  
BlackVulcano7:
Exscuse me but I don't understand very well...Can you explain me shortly ?

If you have "Synchronize positions without confirmations" so the system will synchronize your positions/orders with the signal provider all the time without your confirmation.

It may be good for VPS or for classic al way of trading. But you will not like it in some case:

  • for example, your positions were closed by stop loss or take profit but for signal provider - not yet (it may happened because of different brokers/data/quotes are used for subscribers and signal providers in scalping or similar signals). And if you have "Synchronize positions without confirmations" so the positions will be opened again for you (because those positions were opened in signal provider);
  • if you close position manually but the signal provider is having this position so "Synchronize positions without confirmations" with the signal provider will be done and this position will be opened once again for you;
  • some other cases.
BlackVulcano7
57
BlackVulcano7  
Sergey Golubev:

If you have "Synchronize positions without confirmations" so the system will synchronize your positions/orders with the signal provider all the time without your confirmation.

It may be good for VPS or for classic al way of trading. But you will not like it in some case:

  • for example, your positions were closed by stop loss or take profit but for signal provider - not yet (it may happened because of different brokers/data/quotes are used for subscribers and signal providers in scalping or similar signals). And if you have "Synchronize positions without confirmations" so the positions will be opened again for you (because those positions were opened in signal provider);
  • if you close position manually but the signal provider is having this position so "Synchronize positions without confirmations" with the signal provider will be done and this position will be opened once again for you;
  • some other cases.
Ok I've understood. But If I don't tick "Synchronize without confirmations" can I decide to open an operation of Provider's signal ? 
Sergey Golubev
Moderator
116976
Sergey Golubev  
BlackVulcano7:
Ok I've understood. But If I don't tick "Synchronize without confirmations" can I decide to open an operation of Provider's signal ? 

It you do not tick so it means that you should confirm every time -

https://www.metatrader5.com/en/terminal/help/signals/signal_subscriber#settings -

In both cases, synchronization is not performed and copying of signals is stopped until the user makes the decision by clicking the appropriate dialog button.
If the platform is working around the clock without constant external control (for example, runs on VPS), confirmation requests to perform synchronization are left unanswered and thus can prevent signals from being copied. When this option is enabled, synchronization is always performed automatically without the need for Subscriber's confirmation.

How to Subscribe to a Signal - Trading Signals and Copy Trading - MetaTrader 5 Help
How to Subscribe to a Signal - Trading Signals and Copy Trading - MetaTrader 5 Help
  • www.metatrader5.com
If you want to copy trading operations performed by a provider, you should subscribe to a signal. A weekly or monthly fee may be charged for the subscription. A valid MQL5.community account is required for a signal subscription. Specify the account details in the platform settings, tab Community. If you do not have an account yet, please...
BlackVulcano7
57
BlackVulcano7  
Perfect thank u 
Sergey Golubev
Moderator
116976
Sergey Golubev  

This is some explanation of the settings (about what they mean) -

Forum on trading, automated trading systems and testing trading strategies

Enable realtime subscription for VPS

Eleni Anna Branou, 2017.08.19 15:28


1. Yes you need to tick: Enable real time subscription, when using a VPS.

2. The: Copying Stop Loss and Take Profit levels, means to copy the SL and TP levels of the original trading positions of the signal you are following. This option should be ticked when you are copying with a low slippage broker/server and the trading strategy isn't a scalping one.

3. Stop if equity is less than ... means that you will stop copying the signal if your equity/capital is less than the amount you put. This is a capital preservation option and you use it only if you want.

4. Synchronize positions without confirmation, means that the copying signal system will keep synchronize open positions (of the signal you are copying), even if they are closed by you manually or they hit SL and TP levels in your account/broker (when you use VPS that is).


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