Is it possible to over-ride the MT4 signal settings so that I trade higher amounts than the default conversions?

raywhitley
229
raywhitley  

Is it possible to over-ride the MT4 signal settings so that I trade higher amounts than the default conversions?

 

My Trading account is 1:100 leverage but signals are 1:500.  I need to trade bigger lots so I can match the performance of the signals.

Osama Shaban
1569
Osama Shaban  

If I understand your question correctly, you need to trade lower lots instead of higher lots in case both signal and your account are having same account lot size ($100,000 or 10,000 or 1,000)..

The reason is that the signal account uses less margin because of the higher leverage, while you will use higher margin to open the same lot size.  

raywhitley
229
raywhitley  
Osama Shaban:

If I understand your question correctly, you need to trade lower lots instead of higher lots in case both signal and your account are having same account lot size ($100,000 or 10,000 or 1,000)..

The reason is that the signal account uses less margin because of the higher leverage, while you will use higher margin to open the same lot size.  

Yes, I would like to increase the automated signal trade lots 5 times higher so I can match the signals leverage.   Both signal and my account are $10,000.  But because of the leverage problem when if the signal buys 1.0 my system will only buy 0.15 or 0.2.  

How can I do this?

Sarotphan Kanlamphu
791
Sarotphan Kanlamphu  
raywhitley:

Is it possible to over-ride the MT4 signal settings so that I trade higher amounts than the default conversions?

 

My Trading account is 1:100 leverage but signals are 1:500.  I need to trade bigger lots so I can match the performance of the signals.

 

raywhitley:

Yes, I would like to increase the automated signal trade lots 5 times higher so I can match the signals leverage.   Both signal and my account are $10,000.  But because of the leverage problem when if the signal buys 1.0 my system will only buy 0.15 or 0.2.  

How can I do this?

 

 I think, solution is open new account with same leverage as Signal provider.


Remark : your balance should greater than Signal by 5%, since max. rate you can set is cap at 95% : your required balance for ratio 1:1 = signal balance / 0.95

Nguyen Nga
16117
Nguyen Nga  
raywhitley:

Yes, I would like to increase the automated signal trade lots 5 times higher so I can match the signals leverage.   Both signal and my account are $10,000.  But because of the leverage problem when if the signal buys 1.0 my system will only buy 0.15 or 0.2.  

How can I do this?

code an EA to repeat orders from the signal .