My copy trade will open another trade, please help.

 

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. Means: if your position was closed (by take profit or by stop loss) but same position is still open for providers - the sygnal system will open position once again for you.

More - read this thread: Signal synchronization 

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What to do?
Untick Copy Stop Loss and Take Profit levels

Forum on trading, automated trading systems and testing trading strategies

Signal subscriber. 43 positions were open and closed on my account when only 4 were sent by the provider.

Eleni Anna Branou, 2018.10.01 17:52

The problem is on your side, not on the signal provider or MQL5 signal copying system.

Even though the signal provider opened 4 positions you opened 43, because you ticked the: Copy Stop Loss and Take Profit levels, option in Signals settings.

That means that even though the position was still open on the signal provider's side, you hit your SL or TP level and you positions were closed. 

Right after that the signal copying system was synchonizing your positions with the signal's and opened the positions again, because these were still open on the signal provider's side.

All this is happening due to large slippage between your broker/server and that of the signal provider.

My advice is to untick the: Copy Stop Loss and Take Profit levels in signals settings (MT >> Tools >> Options >> Signals), so you will close each position right after the signal provider does.

read this small thread for more: Signal subscriber. 43 positions were open and closed on my account when only 4 were sent by the provider.
Signal synchronization
Signal synchronization
  • 2020.02.27
  • www.mql5.com
What happens on a practical level if I don't tick the box "Synchronizartion without confirmations" (so with confirmations) ? Urgent Reply pls...
 
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. Means: if your position was closed (by take profit or by stop loss) but same position is still open for providers - the sygnal system will open position once again for you.

More - read this thread: Signal synchronization 

----------------

What to do?
Untick Copy Stop Loss and Take Profit levels

Thank you very very much, your answer is straight to the point that solve my problem. Wish you healthy, wealthy and happy.
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