Discussion of article "General information on Trading Signals for MetaTrader 4 and MetaTrader 5" - page 33
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If the signals system is almost instant, why do closed trades sometimes take several days to appear in the providers Trade History tab?
MQL hides history from NON subscriber, and thus takes "several" days to appear in providers trade history
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
Open the mt4 you wanted to copy your signal
on top of the mt4 there is a search box (top RHS), type in name of signal, eg, MYSIGNAL (caps are important name must be spelled as correctly as possible)
once found, click on it and it will open the signal page on the mt4. click on the "copy" button
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If you search for signal via mql site, n click on "copy" button it can default to 1st mt4 it found, thus u have to search for that mt4 on windows popup box. Unfortunately despite that you named the mt4 and create/install each mt4 onto different windows folder, it wont name itself on the windows popup box as windows go by executable name which is just terminal.exe. Its hard to visualise and I cant replicate this for the screen shot. Please try method 1) as its easiest
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)
I forgot 4) leverage between subscriber and provider
COMPLETE formula
1) subscriber balance x exrate x risk settings x leverage / providers balance x exrate x leverage
1) provider has 5000 usd, 500 leverage, subscriber 8000 eur, 400 leverage
2) subscriber set risk=80%
3) exrate of EUR to USD is about 1.13
calculation:==> (8000eur x 1.13 x 80% x 400) / ($5000usd x 1 x 500)==> 115% LR is rounded to nearest whole number with 10% step, LR=110%
provider opens 0.35lot==>0.38lots on your acct
(provider has exrate=1 coz EURUSD=1.13)
Good morning, I am subscribed to a signal (growing up) with a balance of 650$. I have $500, we have the same leverage, 1:500, and I use 95% of my balance. However, in the provider's operations, it buys/sells lots of up to 0.4 and I nevertheless buy/sell a volume of 0.02 as maximum, when according to the formula of the volume with which it should copy: 500/650×0.95=0.73, and therefore should copy in a volume of 0.2 approximately 0.15, and nevertheless it is of 0.01 or 0.02.
I helped a friend subscribe to a signal. According to an article, if the signal provider had a floating profit, the system would not synchronize trades at a worst entry than the provider. But all of the open trades were copied to the subscribers account. Why is that. Trades should only open at a better price.
No, this is not true, the signal copying system will copy any exhisting open positions at current levels.
Its highly advisable to wait for a moment that there will be no open positions before subscribe.
Hi guys, I am trying to subscribe for paid signal but when try to subscribe i get subscription failed message. I have enough funds in my account. What could be the issue. However on my demo account I can subscribe to free signal service but not paid. Please someone help me out. Thanks
Yes i find it strange that demo signals are only for running on demo accounts, and real signals will only run on real accounts. It makes no sense, I would have assumed that all signals would have come as free signals to run on demo account so we could test them, and they would have a live version which one could pay for (after being happy with the performance on the demo account) in order to run it on the live account.
Yes i find it strange that demo signals are only for running on demo accounts, and real signals will only run on real accounts. It makes no sense, I would have assumed that all signals would have come as free signals to run on demo account so we could test them, and they would have a live version which one could pay for (after being happy with the performance on the demo account) in order to run it on the live account.
Its not as simple as that, because there are copying utilities that can copy a signal's trades from a demo to a real account.
Demo free signals can be copied from demo accounts only, but paid signals can be copied by both demo and real accounts.
Hi Guys
Im trying to copy from one account our leverage is the same but the signal acc only trades 0.01 lots and I want to increase the size of the trades on my account where do i change the settings and what should they be?
Hi Guys
Im trying to copy from one account our leverage is the same but the signal acc only trades 0.01 lots and I want to increase the size of the trades on my account where do i change the settings and what should they be?
If you've done everything as its described here, there is only 1 thing you can do, increase your balance.
https://www.mql5.com/en/forum/189731 (MT4)
https://www.mql5.com/en/forum/336422 (MT5)