- How to become a signal provider and receive monthly fees
- Trading Signals and Copy Trading
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If the signal provider has an account of $1,000, and consistently trades 0.03 lots, and I have a $1,000 follower account, is there any way that I can copy the same signal with 0.01 lots, effectively trading the signal at a 30% risk/reward level of the provider signal? Thanks.
may be - yes, but it should be calculated.
For example, if you are on Metatrader 5 so you can use calculator of Signals -
Forum on trading, automated trading systems and testing trading strategies
Signal Subscriber Lot Size Question
Sergey Golubev, 2017.02.02 07:42
Besides, you can use Calculator of the Signals (to calculate everything 'automatically' based on any pre-selected signal for example).or you can calculate by yourself based on the following examples:
How to Select a Deal Volume
https://www.mql5.com/en/forum/9950/page93#comment_4052813
https://www.mql5.com/en/forum/215636
How to change the volume/lot size (many posts)
https://www.mql5.com/en/forum/11714
- 2017.02.01
- www.mql5.com
If the signal provider has an account of $1,000, and consistently trades 0.03 lots, and I have a $1,000 follower account, is there any way that I can copy the same signal with 0.01 lots, effectively trading the signal at a 30% risk/reward level of the provider signal? Thanks.
You have to manually adjust the: Use no more than ... % of deposit, option in signals settings, in order to keep a copying ratio of 30-35%.
There is no auto option for that.
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