Discussion of article "General information on Trading Signals for MetaTrader 4 and MetaTrader 5" - page 17
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It turns out that Subscriber 2's profit and loss percentage will be 2 times less than the supplier's? I.e. if I trade with leverage 1:100 and the supplier 1:500, his stable 10% profit per month will turn into 2% for me?
Leverage affects the size of the deposit when opening a trading position, but does not affect the cost of a pip.
To open a trading position with a lower leverage you need a higher margin (collateral).
In case of identical trades, differing only by the leverage size, the profit, loss and cost per pip are the same.
Leverage affects the amount of margin when opening trading positions, but does not affect the cost of a pip.
To open a trading position with a lower leverage, a higher margin (collateral) is required.
In case of identical trades differing only in the size of leverage, the profit, loss and cost of one point are the same.
This is what we are talking about, from the example of calculation I understood that if your leverage is less than that of the supplier, then the ratio of bets is adjusted to the relative size of the margin, not the lot.
I.e. for example the subscriber and the supplier have $10,000 each, the subscriber uses 100% of his deposit, but the subscriber's leverage is 100 and the supplier's is 200.
The total of the example calculation is as follows:
1. Ratio of balances taking into account the percentage of deposit usage:
(10000*1)/10000 = 1 i.e. 100%
2. After adjusting for leverage:
1*(100/200) = 0.5 i.e. 50%
3. After correction for the exchange rate of deposits at the time of calculation:
0.5*1 = 0.5 as the currency is the same
4. final percentage after rounding:
50%
It turns out that at the rate of 1 lot from the supplier, the subscriber's rate is 0.5 lots at the same deposit. Accordingly, the profit and risks of the subscriber will be 2 times less.
I am wondering if I have understood everything correctly, or if there are some other nuances? (at the same time, I would like to know if it is possible to disable this point of calculations, because it makes it almost useless to use signals from suppliers with leverage 1:500, if I have leverage 1:100).
Question for admins.
In ТМ5 on the test demo account "A" connected to the signal provider, the signals of opening positions are copied on the test demo account "A". Naturally, the account is online all the time, so that the signals reach me. The mode of minimum load on my deposit is set (20%) so that the increase in the volume of lots (replenishment) of the supplier's position was not copied to my account. However, all lot fills are exactly copied to my TS "A". I log out of demo account "A" to demo account "B", which is also connected to another signal provider, which is not prohibited by the rules, i.e. There is ONLY one provider on the account, and when I return to account "A", ALL DOLIVE positions copied from the provider and existing perfectly online, are CLOSED to 1 lot at the market price, respectively, at a loss, if the price has gone in the opposite direction of the current position. At the same time on account "B", when entering it and having a signal of the supplier about the current position, on account "B" the position of the supplier of signals "B" is also opened (copied) at the current market price, WITHOUT the warning window of SYNCHRONISATION and with already positive profit of the source of the signal and naturally at prices that are obviously worse for me, because the supplier is already in profit.
All this somehow does not correspond to the stated principles of copied signals, as it seems to me.
I hope I have made myself clear. Please explain what the problem is and what should be done to exclude these errors. In the logs I have not found any information about balance, deposits, equity limit and the like, specified in the samples.
Logs of signals of account "A" attached
2014.11.14 18:42:22.582 Signal '552696': signal provider deal #218727 sell 0.12 EURUSD at 1.24898 copied
2014.11.14 18:42:22.579 Trades '552696': deal #52859875 sell 1.00 EURUSD at 1.2490 done (based on order #51553083)
2014.11.14 18:42:22.567 Trades '552696': order #51553083 sell 1.00 / 1.00 EURUSD at 1.2490 done in 562 ms
2014.11.14 18:42:22.041 Trades '552696': accepted instant sell 1.00 EURUSD at 1.2490 tp: 1.2411 (deviation: 3)
2014.11.14 18:42:22.004 Trades '552696': instant sell 1.00 EURUSD at 1.2490 tp: 1.2411 (deviation: 3)
2014.11.14 18:42:22.003 Signal '552696': signal provider executed deal #218727 sell 0.12 EURUSD at 1.24898
2014.11.14 18:34:52.066 Signal '552696': signal provider performed deal #218539 sell 0.12 EURUSD at 1.24755 copied
2014.11.14 18:34:52.063 Trades '552696': order #51552968 sell 1.00 / 1.00 EURUSD at 1.2476 done in 558 ms
2014.11.14 18:34:52.039 Trades '552696': deal #52859766 sell 1.00 EURUSD at 1.2476 done (based on order #51552968)
2014.11.14 18:34:51.548 Trades '552696': accepted instant sell 1.00 EURUSD at 1.2476 tp: 1.2411 (deviation: 3)
2014.11.14 18:34:51.505 Trades '552696': instant sell 1.00 EURUSD at 1.2476 tp: 1.2411 (deviation: 3)
2014.11.14 18:34:51.504 Signal '552696': signal provider executed deal #218539 sell 0.12 EURUSD at 1.24755
Thank you
This is a more general question on signals.
Is it possible to follow the signal of a MT5 demo account from a MT5 real one?
I believe it used to be possible but these days demo ones are not even visible from real accounts and vice-versa.
Encapsulation is necessary subscribers should not care about these questions, and it is intuitively clear how trades should be copied. As a subscriber, I should not care what leverage or deposit the provider has.
In fact, the consequences will be so worrying that you will come to the broker and to us and write scathing accusations on the forum.
And the form of speech will change from "I should not care" to "why I was not protected, because the incompatibility was immediately obvious".
In order to trade on signals, you need to keep your computer switched on all the time. Is it possible to use a VPS for this?