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  • Reviews (7)
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Signal Lot Enlarger Lite

Found a great signal, but a provider's lot is too small? You need larger position volume, but terminal settings are too poor? SignalLotEnlarger will increase the provider's position volume by means of a duplicate order of the needed volume. Just set a lot size and a name of a signal for copying orders from.


The EA's Features:

  • Duplication occurs when the price is equal to, either lower (for Buy) or higher (for Sell) than the open price of the signal position;
  • Copies positions of any currency pair;
  • Closes duplicate orders automatically;
  • Checks availability of signal positions on every tick (incoming according to the chart with the attached EA).


Parameters:

  • Kof - lot multiplier for the opened duplicate position;
  • Sygnal_Name - name of the signal (you can copy it form the provider's comment to the order) .


Testing the Expert Advisor:

Prior to install the EA on a real trading account you can examine its performance on a demo account. You need to install the EA and open/close positions manually specifying the signal name in their comments, and this signal name must be preliminarily specified in Signal_Name parameter (i.e. you simulate real signal orders).


IMPORTANT:

  • Install the EA on one chart only;
  • Be careful when choosing the lot size - don't run it into the ground.

You comments and suggestions concerning new versions of SignalLotEnlarger are welcome. Write in Comments or send the developer private messages.

Jas
334
2017.03.07 16:08 
 

It has limited set of options which makes it too expensive compering to the other EAs with the same price. Despite being (too) simple it can open a trade a few minutes later or makes double trade (not too often, but still does).

MorpheusZ
247
2017.02.16 17:06 
 

Good product overall, been using it for 3 weeks at the time I'm writing this.

The biggest limitation is that it only copies when the trade has negative profits. If the price changes favorably immediately after mt4 picks up the signal's trade and the profit goes positive, the trade will not be copied. If you're using an account with tight spreads, this makes accurate copying more difficult. I strongly suspect that copying is a lot more accurate than how it has been for me on accounts that include commissions in the spread.

After it failed to copy 3 trades in a row, I'm switching to the pro version since it has a "copy even if profitable" option. I still feel that this option doesn't solve the problem completely though since it's less safe to have it on all the time. Imho, both versions (pro and lite) need to come with a "slippage" option that lets users configure an acceptable discrepancy in price below which the copying would happen. Perhaps the lite version could have a slippage limit or so.

[edit] Turns out some of the failed trades were due to bad VPS, so I'm changing my rating from 3 to 4 stars.

Anatoliy
65
2017.02.01 11:05 
 

Программа (советник) проста в установке и настройках, работает исправно, задержка минимальная (до 1 секунды), при открытии и закрытии ордера-дубля стоимость попадает почти цент в цент, работает на виртуальном хостинге (VPS) от mql5 (для этого нужно полностью синхронизировать сигнал, графики, советников и экспертов; в настройках терминала разрешить советнику торговать).

palazon94
64
2017.01.25 17:17 
 

I need help the robot does not copy. Sale this message: 2017.01.25 16: 13: 20.890 Lot of signal of the enlarger Lite EURUSD, M5: can not set the millisecond timer (100).

It copies me perfectly on another metatrader platform. But in this, I get this mesange. I am Spanish and I am using the translator.

Ray Mongkongllite
273
2017.01.25 00:13 
 

User didn't leave any comment to the rating

Timo Schroeter
1580
2016.04.04 11:18 
 

User didn't leave any comment to the rating

therustytrader
437
2015.03.19 15:52 
 

This is a very basic tool but it does its job extremely well. Within 2 days I easily made back the cost of this tool. I would highly recommend.

Version 1.1 - 2015.03.30
Updates:
1) Increased program operation speed: duplicate orders are now opened and closed irrespective of ticks almost instantly.
2) New function send position information via E_Mail when a duplicate order is opened/closed.
To configure E_Mail notifications set Send_Mail = true, and configure emails in the terminal (menu "Tools" - "Options" - "Emails"). Read the terminal Help if you have any problems.

IMPORTANT. Do not forget to restart the terminal after you change email settings in the Tools menu.