i am very new to MT4 and MT5, i downloaded many platforms from many Forex brokers, both MT4 and MT5, i have sucessfully subscribed to 4 signals
I recently downloaded from FXOPEN their ECN Meta Trade platform, and i cannot subscribe to signals there, i tried to do it from here but also failed
Is there something i am missing ?
Thanks for the help
Can you be more specific please, is it MT4 or MT5 and what build is it ?.
Some broker actually disable signal service, these brokers may have their own PAMM account service and does not want MQL5 signal service compete with their PAMM service. AFAIK, FXOpen also have their own PAMM account.
So maybe it's better you ask that question to the broker itself.
It was downloaded from FXopen , it is MT4, not sure what built, i have no idea what PAMM is, so please give me a link to it so i can check it out :-)
Now, the best thing about it is when i go to signals, i find very good signal providers under live account with their own money, the next best thing is when u install it, u get to choose which folder to install to,..
hence it allows u to open unlimited number of MT4 windows each testing a strategy for u if u will, do u know how else i am able to do that with MT4 i download from here ? or MT5 ? :)
thanks in advance
Basically, PAMM is managed account, here's Google search (click here) and here some explanation in Forex Factory forum (click here).
To have signal service in MT4, we must use MT4 build 445. On all of your MT4, why don't you click help menu > about > and read on left bottom corner the build number. If FXOpen MT4 build number is not 445, then it cannot accept signal.
i checked, it is 445 and i see the signal providers, i just can't subscribe to them as the subscribe/unsubscribe buttons are shaded and not clickable altho my mt4 login info are inserted in the settings of the platform
does this mean that the provider diables following signals ?
I (ECN-Demo with FXChoice) have the same problems!?
I selected one after the other two different signal provider, which were displayed on its tab of my MT4 (b. 445).
I entered my mql login in my mt4, I clicked on subscribe and agreed to the terms and then I have to read in the journal tab:
The selected signal providers trade themselves on mt4, I just rechecked.
What is wrong?
Thanks in advance?
PS I'd like to add a question: If the signal-trader (sender, manager) trades 1.0 lot can i influence e.g. reduce this lot-size of the manager, or do I have to copy this as it is?
Indeed : the error description is not informative ;( .
Gooly, I think you should read this https://www.mql5.com/en/forum/8941#comment_378920 and this https://www.mql5.com/en/forum/8941#comment_380126
To answer your question ...
I think you have to calculate that your self, by setting how much percentage of your money you allow to trade.
On MT4 it is cannot exceed 500:1, that is if the signal provider's leverage is EXCEED 500:1, than you cannot subscribe to this. Now my issue is how to restrict the currency traded by the signal provider?
Eg Signal provider provides signal to 16 major currencies, some of which I DO NOT want to trade due to high margin requirements and LOW volume trading condition, eg, SGDJPY
Can I suppress this currency in my MT4 Market Watch and system will then "not find" it and not trade it? Is there a walkaround solution to this?
Please enable the necessary setting in your browser, otherwise you will not be able to log in.