patrickol
patrickol
patrickol
Added topic SP Provider using leverage 1:200, i'm using leverage 1:500 do i have to set my settings different
Hi, My SP do use 1:200 leverage. I use 1:500 leverage. Do i have to set my % of using my total account capital different or if i choose 90% setting MT4 will calculate it automatic between the signal provider and my MT4 terminal? Hope someone can say
Yang May Leong
Yang May Leong 2014.07.15
NO, mql will still based on your balance vs provider's balance. MQL adjust DOWNWARDS not UPWARDS. That is, if your leverage=200 and provider=500, MQL will REDUCE your lot calculation. But your leverage=500 and provider=200, MQL just IGNORE that

BTW I also subs to ebiy precious. His trading is ok at first, at least get some losses and some winnings to even out and I got 18% gain. Then next day (on 14Jul), I lost $30, all trades kaputted. ALL providers/EA/manual trading all will kaput trades, trend can turn fast and hit SL fast as well. But lately he seems to be throwing dice. See Saw a lot in his trading style. I am out. But I will monitor to see whether he gets better

PS: I read what u say rgds adjusting the risk%. Be careful if u again adjust 50% u must make sure there are no open trades, otherwise MQL will FORCE PARTIAL CLOSE upon resynch. Resynch happens when provider moves sl/tp or close trades or put up new trades. NOT by time, that is MQL wont resynch eg every 1sec or whatever. Resynch is triggered by events, (ie, new trades, moved sl/tp, close trades)
patrickol
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