Market / MetaTrader 4 / Utilities /

Signal lots multiplier

30 USD

Demo downloaded: 17

Published: 30 October 2019

Current version: 1.3

Signal lots multiplier

Utilities
Jianyue Jin
Version: 1.3
Updated: 22 February 2024
Activations: 5

This EA offers following features to automatically increase the volume of the lot received from your signal:

you can manually set the multiplier using the "multiplier" parameter;
Risk control is implemented. You can set the maximum lots-to-account balance ratio using the "ratio" parameter;
The "stop loss" an "take profil" levels are synchronized from the corresponding signal tickets;
One-to-one replication. Each signal ticket corresponds to a copied ticket;

For MT5 version: https://www.mql5.com/en/market/product/115127

Notes:

Please make sure to input the correct "signalName" parameter. For instance, if the signal name is "Test EA 01", you can input the signalName parameter in any of the following formats:

Test EA 01
Test EA
EA
Test

But I would recommend inputting the complete signal name to avoid any potential conflicts with other ticket comments. This will help enasure that the signal ticket is copied correctly and minimize the changes of any mistakes.

2. The EA will generate daily expert logs. Typically, these logs are very small, for example, less than 10 kilobytes per day. It is recommended to manually remove these logs regularly to prevent excessive disk usage.

3. Please only enable EA in one trading terminal. For example, you have multiple trading terminals in your MT4, including EUR/USD, CHF/EUR, JPY/USD.... You just need to enable EA in one of your trading terminal, for example, EUR/USD. EA will replicate all other trading pairs as well.

Parameters:

signalName - the name of your signal to be replicated

Multiplier - this parameter defines the multiplication factor for signal order

Ratio - this parameter will limit the maximum order size. For example, Ratio=6 and the account balance is 80000, then the maximun order size is 4.8 (6*80000/100000)

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This EA offers following features to automatically increase the volume of the lot received from your signal: you can manually set the multiplier using the "multiplier" parameter; Risk control is implemented. You can set the maximum lots-to-account balance ratio using the "ratio" parameter; The "stop loss" an "take profil" levels are synchronized from the corresponding signal tickets; One-to-one replication. Each signal ticket corresponds to a copied ticket; MT4 version: https://www.mql5.com

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Version 1.3 2024.02.22

Introducing a new feature designed to prevent the EA from running on multiple trading terminals

Reports have indicated occasional issues with copied tickets not closing correctly. Upon reviewing the EA logs, the fault was caused by incorrectly running this EA on multiple trading terminals. To mitigate this problem, I am releasing this new version.

Version 1.2 2023.06.12

Fix issue:
1) casionaly the sub-ticket cannot be closed while the singal ticket was closed already;

Version 1.1 2023.06.08

Fix "array out of range" issue