Changing lot size for a signal - page 2
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Why don't you increase your leverage, if you are prepared to take the risk?
MQL5 does not change its rules, because many subscribers would destroy their accounts on increased risk.
Why don't you increase your leverage, if you are prepared to take the risk?
MQL5 does not change its rules, because many subscribers would destroy their accounts on increased risk.
He doesnt know how to change the leverage, and nobody is explaining to him how to change the leverage.
Hello, I want to ask what settings I need to do to have exactly the same lot size from the SIGNAL provider account?
The same or higher leverage and a bit higher balance, since you can use up to 95% of it.
Hello all - I have the same problem as the OP. I have maxed the leverage to 500:1 and changed my percent of account to 95% but the size is still so small. The signal provider I'm using has an account size of less than $1000 and my account is currently $5000 so a like-for-like matching of size is insignifcant to me.
Is there a solution to increasing size. Many other copy trading platforms (i.e. SignalStart) allow you to do this via a Multiplier so that the size is directly proportional to your account size.
I'm new to MQL5 but this is a showstopper for me because most of the signal providers are trading in micro accounts.
I look forward to any help you can provide.
Hello all - I have the same problem as the OP. I have maxed the leverage to 500:1 and changed my percent of account to 95% but the size is still so small. The signal provider I'm using has an account size of less than $1000 and my account is currently $5000 so a like-for-like matching of size is insignifcant to me.
Is there a solution to increasing size. Many other copy trading platforms (i.e. SignalStart) allow you to do this via a Multiplier so that the size is directly proportional to your account size.
I'm new to MQL5 but this is a showstopper for me because most of the signal providers are trading in micro accounts.
I look forward to any help you can provide.
There is no any lot multiplier in this Signal system.
The lot size depends on the your balance and signal provider's balance, and depends on your leverage and signal provider's leverage.
There is one small thread with the example where you/we can check lot size before and after subscribing:
How to change the volume/lot size
https://www.mql5.com/en/forum/11714
Also - read first post of this thread
Frequently Asked Questions about the Signals serviceespecially about rounding:
What rounding scheme is used for Provider's and Subscriber's percentage ratio of deals volume?
Hey there,
isnt it better to ajust this system?
I rather use double lot size and put less into my account because there is always a risk that the provider blows my account or has 50% drawdown even tho he never had so much drawdown before.
So I have rather...lets say 500 in my account with double risk than 1000 with normal risk because if something goes wrong I only loose 500.
When I use the 1000 and protect my capital in the settings with "using only 50% of the deposit" the lot size will be cut in half again.
You know what I mean? I want to let 500 be traded like 1000 so that I am sure that the other 500 are protected because they are not in the account ;D
At the moment I am testing a signal provider but with my account balance of 1000 "we" make 1,2,3 sometimes more dollars per trade.....but if something goes wrong, some unexpected news or something.....I risk 1000$ for 1, 2, 3$ winning trades or 2000$ for 2, 4, 6$ wins.
Thaaaatt is absurde. Yeah well, drawdown is also very low....but you get the point.
And we all know that signal provers always can be up for a nice surprise ;P
In the end the rule was ment to protect capital but in reality there is more risk.
Hey there,
isnt it better to ajust this system?
I rather use double lot size and put less into my account because there is always a risk that the provider blows my account or has 50% drawdown even tho he never had so much drawdown before.
So I have rather...lets say 500 in my account with double risk than 1000 with normal risk because if something goes wrong I only loose 500.
When I use the 1000 and protect my capital in the settings with "using only 50% of the deposit" the lot size will be cut in half again.
You know what I mean? I want to let 500 be traded like 1000 so that I am sure that the other 500 are protected because they are not in the account ;D
At the moment I am testing a signal provider but with my account balance of 1000 "we" make 1,2,3 sometimes more dollars per trade.....but if something goes wrong, some unexpected news or something.....I risk 1000$ for 1, 2, 3$ winning trades or 2000$ for 2, 4, 6$ wins.
Thaaaatt is absurde. Yeah well, drawdown is also very low....but you get the point.
And we all know that signal provers always can be up for a nice surprise ;P
In the end the rule was ment to protect capital but in reality there is more risk.
So instead of put $1000 at 50%, put $500 with 95% participation rate and you will be OK, keeping the other half of your money out for safety.
MQL5.com does not offer lot size multipliers as other platforms do.
So instead of put $1000 at 50%, put $500 with 95% participation rate and you will be OK, keeping the other half of your money out for safety.
MQL5.com does not offer lot size multipliers as other platforms
Yeah, I thought there might be some missunderstanding.
Putting 500$ with 200% would be the idea about what I said......
Is there any contact mql5 signal programmer contact I can send that to?
That might be worth a deep thought tho.....