Position size problem, again

 

Hi All,


I've read a thousand articles about it, yet still do not understand why my positions are scaled incorrectly compared to signal provider.


So... my account is USD 460, signal provider: USD 807 (this morning)

my setup: allow to use 95% of my account, so = 437

I understand that in this case, I should get 0,02 whenever he opens 0,04, but that is not what happened Today. I'm getting 0,01 every time...


Does anybody know the reason why that happens?


Kind Regards,

 
pawel.nasewicz:

Hi All,


I've read a thousand articles about it, yet still do not understand why my positions are scaled incorrectly compared to signal provider.


So... my account is USD 460, signal provider: USD 807 (this morning)

my setup: allow to use 95% of my account, so = 437

I understand that in this case, I should get 0,02 whenever he opens 0,04, but that is not what happened Today. I'm getting 0,01 every time...


Does anybody know the reason why that happens?


Kind Regards,

Do you have the same leverage?

Everything is rounded down, so if the correct lot size is 0.0198 it will be 0.01 and not 0.02.

 
It also depends on the leverage of your account and provider's account.
Besides, it may be related to the rounding too (look at this part of FAQ).
Frequently Asked Questions about the Signals service
Frequently Asked Questions about the Signals service
  • 2013.02.20
  • www.mql5.com
Discover in 15 Minutes: Watch the Video about Trading Signals in MetaTrader 4 and MetaTrader 5 The most frequently asked questions related to the S...
 

I just checked. Looks like my broker changed my leverage from 1:500 to 1:200 without my knowledge... last week my lv was still 1:500 and the scaling worked perfecty

Mystery solved, case closed
Reason: