Discussion of article "How to Subscribe to Trading Signals" - page 113
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MetaQuotes does not know the strategy of each signal provided so cannot implement such functionality nor are they responsible for any type of "management" of remaining trades.
It is up to the trader to have the necessary knowledge and skills to be able to manage the open trades (or decide to close ALL of them immediately) when they decide to unsubscribe.
When a trader subscribes to a Signal they take on that responsibility, and ideally they should reasonably understand the strategy being used. If they don't, then they are "gambling", not trading.
I would respectfully ask why Metaquotes cannot "implement such functionality" while Signalstart can? Surely if Signalstart can do this MetaQuotes can too??
after unsubscribing to signals at Signalstart they continue to monitor the existing open trades and close them when the system thinks this is appropriate.
As mentioned before, I am/was unable to monitor all the many opened trades all the time of the system I unsubscribed (otherwise I would become daytrader or similar) - had MetaQuotes (like Signalstart) this functionality I would have lost a lot less money.
(I would like to retract the negative comment about MetaQuotes)I would respectfully ask why Metaquotes cannot "implement such functionality" while Signalstart can? Surely if Signalstart can do this MetaQuotes can too??
after unsubscribing to signals at Signalstart they continue to monitor the existing open trades and close them when the system thinks this is appropriate.
As mentioned before, I am/was unable to monitor all the many opened trades all the time of the system I unsubscribed (otherwise I would become daytrader or similar) - had MetaQuotes (like Signalstart) this functionality I would have lost a lot less money.
From your answer I - increasingly- get the impression that Metaquotes are only interested in making money from purchasers but not really interested in looking after them, sorry just my impression from your answer and Elenis answer.
But does it make sense to keep the open trades of the signal you just unsubscribed from, because you think its untrustworthy or dangerous, managed by this same signal provider you don't trust anymore?
There is a flip side to your coin...
I personally when I was unsubscribing from a signal that had lost me money, I didn't want to have anything to do with it anymore and closed all remaining open trades instantly to save my account from total ruin.Good afternoon.
How to copy a signal according to the free deposit. For example, the Seller of the signal has a deposit of 1,000 dollars, Leverage 1:100, and the volume of each position is 0.01.
If I have a deposit 10 times more than the seller - 10,000 dollars, Leverage 1:100 and I want that after subscription each position of the signal seller opens not 0.01, but 0.1 lot of my deposit. How can this be done?
I have a signal, but why is it not visible to the public?
It takes for a new signal to be rated and ranked.
Hello,I want to ask you if you can advise me for what reason the trades from the provider are always copied to my account twice. I have my own vps with 1.3 ms ICmarkets. Thank you
Are you using MQL5 VPS too?
If you copy the signal trades twice, that means that you have setup your signal subscription twice somehow.
This is a common mistake many users do, they click the: Enable realtime signal subscription option again in Signals settings, after they migrate their signal settings to MQL5 VPS, but you are using a non MQL5 VPS, so you shouldn't have such an issue, so something else is wrong.
Check whether you have setup your signal subscription somewhere else.
How can I withdraw money from my account
If you mean from your MQL5 account, you can't withdraw non earned funds.
If you mean from your trading account, contact your broker.
Can you setup a signal in order to copy the positions' size at a reduced percentage of the provider's lottage so that I can reduce the risk?
E.G.: 100% copy = Provider's Balance/Lot 5000/0.1, My Balance 10000/0.2.; 50% copy = Provider's Balance/Lot 5000/0.1, My Balance 10000/0.1.