Discussion of article "How to Become a Signals Provider for MetaTrader 4 and MetaTrader 5" - page 28

 
Anton:

There's no order. It clearly says 'from' and 'to', not 'from' and 'to'. And if you change it 10 times, plus the first and last values are the same, what do you write?

1) The fact itself is fixed, without analysing it.

2) If read correctly, it is absolutely correct. The leverage varied in the range 'from' and 'to'.


1) What is the point of this information? What does it (this information) warn the client about, even with an exclamation mark :)? Obviously, when a signal provider increases leverage, it is obvious that risks may increase.

2) And you know, I'm afraid that not everyone can read "correctly" .... especially the range of leverage - changed 2 times from 1:25 to 1:200... it reads like this, it was 1:200, it became 1:25 ---> and for some reason, after reading this, you have to be Careful! ;)

I am only expressing an outsider's view. Why fix this fact if there is no way to control this fact. There is an opportunity to analyse the minimum leverage on the account and if at the moment it corresponds to this minimum value, why fix it? But if at the moment the leverage used on the account is higher than it was used before, this fact can and should be fixed.

 
Stanislau Siatsko:

2) And you know, I'm afraid not everyone can "read" correctly.... especially the range of leverage - changed 2 times from 1:25 to 1:200... it reads like this, it was 1:200, became 1:25 ---> and somehow, after reading this, you have to be Careful! ;)

I agree, it's not unambiguous. I should have added "in range".
 
Stanislau Siatsko:

1) What is the point of this information? What does it (this information) warn the client about, even with an exclamation mark :)? Obviously, when a signal provider increases leverage, it is obvious that risks may increase.

2) And you know, I'm afraid that not everyone can read "correctly" .... especially the range of leverage - changed 2 times from 1:25 to 1:200... it reads like this, it was 1:200, it became 1:25 ---> and for some reason, after reading this, you have to be Careful! ;)

I am only expressing an outsider's view. Why fix this fact if there is no way to control this fact. There is an opportunity to analyse the minimum leverage on the account and if at the moment it corresponds to this minimum value, why fix it? But if at the moment the leverage used on the account is higher than it was used before - this fact, of course, can and should be fixed.

It is worth learning to read. 'From' and 'to' are absolutely unambiguous about the range. Especially since you don't want to read '2 times' either. You have changed leverage not once, but twice. 1:200 -> 1:100 -> 1:25.

Within the compact warning text we will not show the history of leverage changes. From the point of view of the signal copying mechanism, any leverage change may have consequences for subscribers.

 
Anton:

It's worth learning to read. 'From' and 'to' are quite unambiguous about range. Especially since you don't want to read '2 times' either. You've changed leverage more than once, twice. 1:200 -> 1:100 -> 1:25.

We will not show the history of leverage changes within the compact warning text. From the point of view of the signal copying mechanism, any leverage change may have consequences for subscribers.

Anton, you are somehow reacting violently to a common opinion. It feels like there is only your point of view, and there can't even be another one, or rather - there should not be any, and you don't want to hear anything. It's easier to say - learn to read correctly, but at the same time you don't even try to understand what I want to convey to you.

Example, let's take two signal providers.
- The first one opened an account with a leverage of 1:1000 (1 to a thousand) and did not change it.
- The second one opened an account with a leverage of 1:200, then changed it to 1:100, and then to 1:25.

And what do we have as a result:
- the first provider, which has an exorbitant leverage set on the account - has nothing in his profile, not even a hint to draw attention to the fact that the account uses a high leverage.
- the second provider seems to be like the first one. the second provider, as it seems, has improved conditions for subscribers (risks are reduced by an order), but at the same time got a label - Attention: Leverage on signal account changed 2 times from 1:25 to 1:200...... and now, as you say, subscribers (and everyone else) should read correctly, namely - leverage changed twice. 1:200 -> 1:100 -> 1:25.

So the account with leverage 1:1000 in the profile is clean, and the account with leverage 1:25 with a warning label! on which everything is clearly written (leverage was changed 2 times from 1:25 to 1:200). Hope you understand what I am trying to convey.....
 
Stanislau Siatsko:

Example, let's take two signal providers.
- The first one opened an account with leverage of 1:1000 (1 to a thousand) and did not change it.
- The second one opened an account with leverage of 1:200, then changed it to 1:100, and then to 1:25.

And what we have in the end:
- the first provider, which has an exorbitant leverage set on the account - has nothing in the profile, not even a hint to draw attention to the fact that the account uses a high leverage.
- - the second provider, as it seems, has improved conditions for subscribers (risks are reduced by an order), but at the same time got a label - Attention: Leverage on signal account changed 2 times from 1:25 to 1:200...... and now, as you say, subscribers (and everyone else) should read correctly, namely - leverage changed twice. 1:200 -> 1:100 -> 1:25.

So the account with leverage 1:1000 in the profile is clean, and the account with leverage 1:25 with a warning label! on which everything is clearly written (leverage was changed 2 times from 1:25 to 1:200). I hope you understand what I am trying to convey.....

1) Excerpt from the rules: "Subscription to Signals created on the basis of demo accounts is prohibited for real accounts. All Signals created on trading accounts with leverage greater than 1:500 are not available for subscription."

2) The current leverage is specified in the profile. I.e. 1:500 will be visible, risk analysis will be done by the subscriber.

3) "Warning label" in this particular case is really only a warning label, nothing more. It has no effect on anything.

Any change of leverage can lead to recalculation of the percentage of copying volumes in the subscriber and, in some cases, to correction of open orders. The meaning of the warning here is only a statement of fact, the subscriber will decide for himself how critical it is for him.

 
ahhuatsg:

Hi anyone know whether if we able to create a signal provider account using a demo account and also get the account name to appear on the terminal "signal tab" instantly?

I followed this video to register as a signal provider using demo account (https://www.mql5.com/en/articles/821, which is also using demo account) but no matter how hard i try, i always unable to find my name in the terminal "signal tab". 

Hello only top signals available on the signal tab. If you want to subscribe on your own signal read here.
 
Can you tell me, do subscribers have an option to choose a subscription period, say, pay for 3-6 months at once?
 
Stanislau Siatsko:
Can you tell me if there is an opportunity for subscribers to choose a subscription period, say, to pay for 3-6 months at once?
And it's good that there is NO such possibility
 
Stanislau Siatsko:
Can you tell me, is there an option for subscribers to choose a subscription period, say, to pay for 3-6 months at once?
You can subscribe for 1 month, then renew for another 2 months.
 
Server Muradasilov:
And it's a good thing there's NO such opportunity.

How is it good?


Aleksey Pak:
You can subscribe for 1 month, then extend it for another 2 months.


So there is such an opportunity? I am asking, for example, a provider provides signals at the price of $20, but then, say, after a month increases the price to $50, so, in this example, a subscriber can pay for the subscription period in advance (3-6 or more months) at the price of $20 and be sure that further changes in the subscription price will not affect him?