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.
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?
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?
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
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?
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
I am trying to do the same thing, did you figure it out?
There are products in the Market that can help you with that, but its highly unadvisable, because you will mess with the money management the signal provider had in mind and you will get burned very soon.
Don't forget that double lot size doesn't mean double profits only, but double losses too.
Deposit into your account so you have twice what the signal provider has in his. Done.
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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.