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Make sure you've followed the steps below:
1. Register a MQL5 account: https://www.mql5.com/en/auth_register
2. Open your MT4 platform and go to Menu >> Tools >> Optios and click on the Community tab. There you put your Login and Password of your MQL5 account and click OK.
3. Go to the search area of your MT4 platform, on the upper right corner (where the magnifying glass is), type in the name of the signal you want to subscribe and click Enter.
4. You will see lower, in the Terminal Window of your MT4 platform, the results of your search. Click on the name of the signal you want to subscribe.
5. Click on the green Subscribe for $$ USD button on the right side of your MT4's Terminal Window.
6. Select the paymet method and complete payment for your subscription.
7. In the Options >> Signals window that opens, tick the following options:
8. In the Use no more than: ...... of your deposit (95% maximum) field below, put the percentage of your capital, you want to participate in signal's copying.
9. In the Stop if equity is less than: ...... field, put the amount of your capital, you want to preserve, or leave it empty.
10. In the Deviation/Slippage field, select an option and click OK in the Options window to close it.
11. Now you have completed the subscription process and the only thing you need is a VPS (Virtual Hosting) in order to copy the signal 24/7 without having your MT4 platform open all day long.
12. Go to your account details in the Navigator window of your MT4 platform, right click in your account number or name and select the option Register a Virtual Server.
13. In the Virtual Hosting window that opens, click Next, then Next again, select the VPS with the lower Ping, ms value (right side of window) and click Next.
14. Select your payment plan for 1, 3, 6 or 12 months, tick the: I agree to the virtual hosting service rules and the auto renewal option below (if you want) and click Next.
15. Complete your payment for the VPS Service and you are done.
I followed these steps. But i got the same message. are there different mql5 accounts? I use the same login as i log in to this forum.
I use mt5 platform but this wouldn't matter for the steps i think.
Hi guys
Just an offshoot question to an answer supplied here. I have subscribed to a signal and my account is much larger than the signal providers.When I filled out the TERMS OF USE boxes I used the default setting. The problem now is that the signal provider is only using micro-lots for trading my account which is not going to grow it very much. Can I change the Use no more than: ...... of your deposit (95% maximum option????. Because I think the default was much smaller.
Agree to the terms of use of the signals service
8. In the Use no more than: ...... of your deposit (95% maximum) field below, put the percentage of your capital, you want to participate in signal's copying.
9. In the Stop if equity is less than: ...... field, put the amount of your capital, you want to preserve, or leave it empty.
10. In the Deviation/Slippage field, select an option and click OK in the Options window to close it.
You can put in the Use no more than: ...... of your deposit (95% maximum) field a value up to 95%, not more.
That means that 95% of your account will copy the signal. If its much bigger like you say, you will copy it with a ratio greater than 100%.
You cannot modify the size of signal copying lots, but there are some programs in the market they can help you with that.
You can change the leverage of you account through your broker, but it will not affect the size of copying positions.
You can put in the Use no more than: ...... of your deposit (95% maximum) field a value up to 95%, not more.
That means that 95% of your account will copy the signal. If its much bigger like you say, you will copy it with a ratio greater than 100%.
You can open your platform's Tools >> Options >> Signals tab, alter the setting and then migrate the signal to the VPS again and the new setting will be applied.
Don't forget to tick and fill in all the fields on the Signals tab!