/Following a signal by a bonus account/ How to calculate how much I'm following?

[Sky All]

Dear experienced traders. 

I'm following a signal by a bonus account, could you teach me how much I'm following him?

My real balance is $280 and my bonus is S500, so I have $780 in amount.

My signal option set is like bellow, but the following amount displayed in MQL5 is only $248.

Do you know how to calculate how much I'm following?

A. $780 * 95% is following

B. $280 * 95% is following

Thank you in advance and best wishes,

Sky

[Sergey Golubev]

There are 3 types of accounts which may be considered:

• demo account;
• cents account.
  
• real (live) account.

The term "bonus account" does not exist in providers/ subscribers terminology.

The signals based on demo account and  cents accounts can not have paid subscribtion.

It is necessary to know all about provider to know "How to calculate how much" for subscribers.

But you can calculate possisble lot size based on your settings, leverage and balance and signal provider's leverage and balance:
How to Select a Deal Volume

[Cornelis Duiker]

Restart your terminal and have a look in the journal.  Then tell us what comes up in the journal.

Only Comments starting with Signal matter... ie 

2020.03.31 23:12:27.288 Signal 'XXXXXXX': signal provider has balance 156.25 EUR, leverage 1:500; subscriber has balance 3 085.63 USD, leverage 1:500

[Sky All]

Sergey Golubev:

There are 3 types of accounts which may be considered:

• demo account;
• cents account.
  
• real (live) account.

The term "bonus account" does not exist in providers/ subscribers terminology.

The signals based on demo account and  cents accounts can not have paid subscribtion.

It is necessary to know all about provider to know "How to calculate how much" for subscribers.

But you can calculate possisble lot size based on your settings, leverage and balance and signal provider's leverage and balance:
How to Select a Deal Volume

Thank you so much, Sergey.

My account is real (live) account. 

When I deposit in the real account, I get some bonus (credit).

What I wonder is, when I set 95% to follow my signal provider, does both of my balance and credit is following or not.

A. $780 * 95% is following (only balance is following)

B. $280 * 95% is following (both balance and credit is following)

Do you have any knowledge for this qusetion?

Best regards,

Sky

[Sergey Golubev]

Cornelis Duiker:

Restart your terminal and have a look in the journal.  Then tell us what comes up in the journal.

Only Comments starting with Signal matter... ie 

2020.03.31 23:12:27.288 Signal 'XXXXXXX': signal provider has balance 156.25 EUR, leverage 1:500; subscriber has balance 3 085.63 USD, leverage 1:500

Yes, it is correct: it should be written in the logs/journal.

Forum on trading, automated trading systems and testing trading strategies

/Following a signal by a bonus account/ How to calculate how much I'm following?

Sky L, 2020.04.01 08:30

...

What I wonder is, when I set 95% to follow my signal provider, does both of my balance and credit is following or not.

...

You should look at the log/journal to see about which balance (or balance + credit) is considered.

[Sky All]

Cornelis Duiker:

Restart your terminal and have a look in the journal.  Then tell us what comes up in the journal.

Only Comments starting with Signal matter... ie 

2020.03.31 23:12:27.288 Signal 'XXXXXXX': signal provider has balance 156.25 EUR, leverage 1:500; subscriber has balance 3 085.63 USD, leverage 1:500

Thank you, Cornelis.

You must have a good ATM.

The answer is both balance and credit is following.

One more question please.

I set lost cut as 0 as below, when would it happened?

A. When balance go to Zero.

B. When both balance and credit go to Zero.

Sorry it is not in English and thank you in advance,

Sky

[Sky All]

Sergey Golubev:
Yes, it is correct: it should be written in the logs/journal.

You should look at the log/journal to see about which balance (or balance + credit) is considered.

Thank you very much, Sergey.

It shows balance + credit.

One more question please.

I set lost cut as 0, when would lost cut happen?

A. When balance go to 0.

B. When both balance and credit go to 0.

Thank you in advance and best regards,

Sky

[Sergey Golubev]

Sky L:

Thank you very much, Sergey.

It shows balance + credit.

One more question please.

I set lost cut as 0, when would lost cut happen?

A. When balance go to 0.

B. When both balance and credit go to 0.

Thank you in advance and best regards,

Sky

Yes, both.
It will stop when the signal provider closed the order/trade, or by margin call sorry.
I think, Eleni Anna Branou may reply or confirm it (because she may have the experience with it).

[Sky All]

Sergey Golubev:
Yes, both.
It will stop when the signal provider closed the order/trade, or by margin call sorry.
I think, Eleni Anna Branou may reply or confirm it (because she may have the experience with it).

Thank you, Sergey.

So, I'd like to wait for Eleni.

[Eleni Anna Branou]

Sky L:

Thank you, Sergey.

So, I'd like to wait for Eleni.

Yes, probably when all your balance (including bonus) reach 0 level, since its all of it that participates in signal copying.

I am not 100% sure though, because I haven't encountered that issue before.

[Sky All]

Eleni Anna Branou:

Yes, probably when all your balance (including bonus) reach 0 level, since its all of it that participates in signal copying.

I am not 100% sure though, because I haven't encountered that issue before.

Thank you so much, Eleni.

I'm going to make a ticket to ask about the lost cut, someone may know that.

Best regards,

Sky