Discussion of article "Trading Signals in MetaTrader 5: A Better Alternative to PAMM Accounts!" - page 4
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From the news:
Terminal: Сигналы. Добавлена защита от одновременного срабатывания SL\TP и прихода сигнала на закрытие.
How exactly is "protection against simultaneous triggering of SL\TP and closing signal" implemented, can you tell me?
Apart from the addition of the SL\TP copy-free mode and apart from all sorts of checks when processing trade transactions from the signal provider, one more additional protection has been added so far. It is not too elegant, but it is effective. If a closing signal comes, and the subscriber's position has a corresponding SL or TP, the trading server is sent a command to remove (zero) the SL and TP of this position. Accordingly, if this request is successfully executed on the trade server, then the request to close the position is sent. Perhaps by the next build we will have time to implement a more "direct" processing of closing.
Consider this suggestion: suspend copying of signals for an instrument while the price is in the freezing zone of stops.
This is done on the subscriber's side.
Terminal: Сигналы. Добавлена защита от одновременного срабатывания SL\TP и прихода сигнала на закрытие.
It's a little unclear, what are you protecting against?
How can a subscriber have an SL/TP if the signaler doesn't have one? First of all.
And what are you protecting against, if you need to close the position, and there are SL/TP. If you need to close it, you need to close it, without options. Do you think it will not close?
It's a little unclear, what are you protecting against?
How can a subscriber have an SL/TP if the signaler doesn't have one? First of all.
And what are you protecting against, if you need to close the position, but there are SL/TP. If you need to close it, you need to close it. No variants. You think it will not close?
Because the subscriber's stop will be executed earlier than the master's stop, then the copier will be forced to reopen the position and immediately close it when the master's stop is executed. As a consequence of the extra spread.
No, no, no. My quibble was with the phrase.
If a signal to close comes, and the subscriber's position has a corresponding SL or TP, the trading server will have to preliminarily...
how can such a situation be possible? that the subscriber has stops that are not in line with the feng shui
No, no, no. My quibble was with the phrasing.
how can this situation even be possible? that the subscriber's stops are out of tune.
So they are in line, well, it's just that the subscriber's order was selected first in the stack, and the counterparty's master didn't get it.
It is necessary to wait, while waiting, the subscriber placed an order to open (because the master still has a pose), and this order becomes a counterparty for the master :), and since the master now has no pose, the subscriber must be closed.
Although you are right, if stops are placed at the master from the beginning, they are the first in the queue. well, you are smart, think of something yourself.
I came up with it, and I didn't come up with it first.
I'm just interested in talking to the mc.
I think that we are not talking about the situation when the subscriber's stop triggers earlier, but about the situation when the subscriber's stop triggers coincide with the receipt of the closing signal (the provider's stop triggered, the position on the subscriber is open - we give the closing signal).
And then instead of closing we get a reversal.
Of course, the crutch with zeroing the stops is still the same....
What did you "invent", if it's not a secret? I remember the topic was discussed, but I don't remember that they came up with something sensible.
I would like to see an option for the signal subscriber to set their lot sizing to either "auto" or "manual".
A subscriber may wish to maintain more conservative (or aggressive) settings, rather than their balance dictating their lot sizing.