Discussion of article "General information on Trading Signals for MetaTrader 4 and MetaTrader 5" - page 32

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sergioivanrios:

Good morning, on the subject of slippage of a signal, up to where is something tolerable or who can explain what unit of measurement is used, or how much would be the delay according to the figure that appears for each broker or account?


The figure you see in the "slippage" section of a signal is pips.

From there, what is tolerable is very personal and depends on the system of the signal, that is, if it is a scalping signal where per operation earns 3 pips and we have a slippage of 1 and a half or even 2 pips ... bad.

Cheers!

 

If the signals system is almost instant, why do closed trades sometimes take several days to appear in the providers Trade History tab?

 

Hello

Anybody can help me?

I want to copy my own signal. how can I find that in metatrader/Signal?

I have 6 Metatrader in my computer, when I click in site to copy , it open automatically another Meta which I don't need

 
I just want to know if you can copy multiple signals in just one trading account? thanks
 
Angelito Cartagena:
I just want to know if you can copy multiple signals in just one trading account? thanks

No, one signal per account only.

 

How would the volume calculation work according to the fund on the BMF?

 
I didn't understand the explanation about "fund management or how to select a volume accordingly". Either the translation was poor or the text is very bad. We need to know how the ratio between our money and the signal provider's trades is calculated. We need to know about lots and so on. Is it difficult to make a simple text about this?
 
Marcos Martinelli:
I didn't understand the explanation about "fund management or how to select a volume accordingly". Either the translation was poor or the text is very bad. We need to know how the ratio between our money and the signal provider's trades is calculated. We need to know about lots and so on. Is it difficult to make a simple text about this?
I think the text is well explained with the examples. It can't be a simple text because the calculation isn't simple. But basically, to work out the size of the lot that will be opened on your account, you take into account the ratio between your capital and the capital of the signal provider. So if the signal provider has $10,000 in his account and opens 1 lot, and you have $5,000 in your account, then 0.5 lots will be opened in your account. If you have $20,000 in capital, 2 lots will be opened. This was the first step in the calculation. Then you take into account the leverage ratio. If your leverage is half that of the signal provider, then you divide your lot (calculated in the first step) by 2. If your leverage is higher, there is no change. This was the second calculation step. Then we move on to considering the deposit currencies of the accounts. If your deposit currency is dollars and the provider's is euros, you need to correct the lot taking the exchange rate into account. Finally, you have the option of choosing how many per cent of your capital you want to be used to calculate the copies. Let's say you have 20,000 but only want to use 10,000. Then, after all the previous calculations, your lot will still be divided in half.
 
I started my registration in French and suddenly everything becomes English, help me translate all this into French
 
BendalloyTrader:

Please help, I am still learning and I hope not to be OT, but I have this issue:

I subscribed to a signal. In the signal's history and open position I see different lot sizes used for different operations, while on my account history and positions on MT4 all positions are copied with the same lot number (0,01 lots). Is there an explanation and a fix for this problem, or can I at least understand how this came to be (whether due to broker, provider or signal's rules)?

Thanks in advance for explaining

first please read the signal subscription rules as well as faq on signal subscription. MQL used these factors in calculation of LOTRATIO (LR) in order to derive the LOTSIZE

1) provider balance vs subscriber's balance

2) subscriber's risk setting on mt4/mt5 signal tab

3) provider vs subscriber account currency exrate if applicable

eg

1) provider has 5000 usd, subscriber 8000 eur

2) subscriber set risk=80%

3) exrate of EUR to USD is about 1.13

1) 8000eur x 1.13 x 80% / $5000 usd==> 144%

rounding factors will be applied and in this case is 140% is used as LR

finally when provider opens eg 1lot, subscriber will open 1.4lots

Please in addition NOTE that mql also used rounding factor when creating lotsizes, thus in most live situations LR is NOT equal lotsizes automatically. Its used to calculate LOTSIZES

if eg LR=140%, provider opens 0.34lots, subscriber will open 0.47 (NOT 0.476==>rounded UP to 0.48, MQL is ROUNDING DOWN)

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