automatically copying volume?

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Hey guys im copying a system that uses 8700 dollars in deposit and 1:500 leverage. i have 3500 usd on mine and 1:500 leverage. Is the program (mt4) going to copy the volumes EXACTLY (1:1) as his or will it adjust it down according to MY deposit and not the provider's? That is if i have 1/3rd of his deposit (3500$ and not 8000$ does it automatically trade 1/3rd of the lot size aswell given that we have the same leverage allowed? Eg provider's trade: 1 Lot. My trade 0,33 lots?
 

You can calculate your lot size using the following example -

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Signal not copying full lots

Sergey Golubev, 2018.10.19 16:40

You can calculate your lot size using the following example (from General information on Trading Signals for MetaTrader 4 and MetaTrader 5 article):

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

Besides, if the signal provider is making deposit/withdrawal or if he is changing the leverage so it is affected on subscribers too.
 
ouch 123:
Hey guys im copying a system that uses 8700 dollars in deposit and 1:500 leverage. i have 3500 usd on mine and 1:500 leverage. Is the program (mt4) going to copy the volumes EXACTLY (1:1) as his or will it adjust it down according to MY deposit and not the provider's? That is if i have 1/3rd of his deposit (3500$ and not 8000$ does it automatically trade 1/3rd of the lot size aswell given that we have the same leverage allowed? Eg provider's trade: 1 Lot. My trade 0,33 lots?

In order to copy with same lot size you must have the same leverage and currency and a bit more balance than the signal provider, since you can only use up to 95% in signal copying.

You must have 100% copying ratio (or more), so check for it in the MQL5 VPS or your computer's journal.

 
Sergey Golubev:

You can calculate your lot size using the following example -

Besides, if the signal provider is making deposit/withdrawal or if he is changing the leverage so it is affected on subscribers too.

Hey thanks for answering. I have calculated everything but im just wondering if all these adjustments on lot size will be perforemd automatically by MT4 or if i have to do something myself?
 
ouch 123:

Hey thanks for answering. I have calculated everything but im just wondering if all these adjustments on lot size will be perforemd automatically by MT4 or if i have to do something myself?

Yes, automatically, if you add to your balance, the lot size will be increased.

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