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How do I change the lot size of a signal?

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Alejandro Rodriguez Torres
527
Alejandro Rodriguez Torres 2015.05.07 05:02 

Is it possible to change the lot size when copying a signal?

For example if i want the lot size to be double of the signal, how can i do this?

Thanks. 

Vladimir Karputov
Moderator
45548
Vladimir Karputov 2015.05.07 07:43  
Alejandro Rodriguez Torres:

Is it possible to change the lot size when copying a signal?

For example if i want the lot size to be double of the signal, how can i do this?

Thanks. 

Please read the help: 
  1. On Provider's account all trades are performed with volume of 0.1 lots. I want to copy these trades with larger volume, for example 0.3 lots. Can I raise the volume somehow?

ozzymandius
398
ozzymandius 2015.05.08 00:20  

I read the help and my demo account fulfills the requirement ($2,000 Demo  vs signal provider $1,500 Real) but I can't seem to increase the order size.

Signal provider trades at 0.1 lot, so as an experiment (so far on Demo account) I went to my MT4 terminal: Tools -> Options -> Trade -> Size by Default -> Default and changed this to 0.5 

But orders are still being copied at 0.1!

Did I do something wrong? How do I modify the lot size?

Vladimir Karputov
Moderator
45548
Vladimir Karputov 2015.05.08 05:54  
ozzymandius:

I read the help and my demo account fulfills the requirement ($2,000 Demo  vs signal provider $1,500 Real) but I can't seem to increase the order size.

Signal provider trades at 0.1 lot, so as an experiment (so far on Demo account) I went to my MT4 terminal: Tools -> Options -> Trade -> Size by Default -> Default and changed this to 0.5 

But orders are still being copied at 0.1!

Did I do something wrong? How do I modify the lot size?

Tools -> Options -> Signals -> Use no more than -> 95%.

What is written in the "Journal" tab?

ozzymandius
398
ozzymandius 2015.05.08 06:33  

2015.05.07 10:38:23.020      '285708': Signal - money management: use 95% of deposit, equity limit: 500.00 USD, deviation/slippage: 2.0 spreads, copy SL/TP: enabled

 

2015.05.07 10:38:23.020      '285708': Signal - connecting to signal server

 

2015.05.07 10:38:23.418      '285708': Signal - signal provider has balance 1 576.00 USD, leverage 1:500

 

2015.05.07 10:38:23.418      '285708': Signal - subscriber has balance 1 483.36 USD, leverage 1:200

 

2015.05.07 10:38:23.422      '285708': Signal - percentage for volume conversion selected according to the ratio of balances and leverages, new value 35% (old value 0%)

 

2015.05.07 10:38:23.422      '285708': Signal - synchronization finished successfully

ozzymandius
398
ozzymandius 2015.05.08 06:36  

Seems that the Signal account pulled ahead of my account in terms of balance, so now I am behind. I imagine that is why I cannot raise the lot size?

But if I increase my balance in my account to, say $3,000 then is this all I need to set to increase the lot size: 

Tools -> Options -> Trade -> Size by Default -> Default and changed this to 0.5 

Or would I need to set something else? 

Vladimir Karputov
Moderator
45548
Vladimir Karputov 2015.05.08 06:44  
ozzymandius:

2015.05.07 10:38:23.020      '285708': Signal - money management: use 95% of deposit, equity limit: 500.00 USD, deviation/slippage: 2.0 spreads, copy SL/TP: enabled

2015.05.07 10:38:23.020      '285708': Signal - connecting to signal server

2015.05.07 10:38:23.418      '285708': Signal - signal provider has balance 1 576.00 USD, leverage 1:500

2015.05.07 10:38:23.418      '285708': Signal - subscriber has balance 1 483.36 USD, leverage 1:200

2015.05.07 10:38:23.422      '285708': Signal - percentage for volume conversion selected according to the ratio of balances and leverages, new value 35% (old value 0%)

2015.05.07 10:38:23.422      '285708': Signal - synchronization finished successfully

 You can see an example of calculations in the General information on Trading Signals for MetaTrader 4 and MetaTrader 5 article.
Alejandro Rodriguez Torres
527
Alejandro Rodriguez Torres 2015.05.11 23:24  
So it is not possible.
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