Signals : Ask & Say Anything & Everything About MQL5 Trading Signals - page 49

 
fxtr51:

I opened a new ticket on Service Desk.

The problem has nothing to do with Demo-account or Real account, that does not matter because the minimum lot-size is defined by the broker, it exists in demo accounts as well as

in real money accounts.


There is another problem here.

The signal provider is listed in  the section of  real accounts ( = real live accounts with real money ),

but truth is that the account of the signal provider is a demo account.  I have given the link for the signal provider but somehow somebody deleted it in my posting.

How come that a demo account signal provider is listed under real accounts  ?

He charges $38 monthly for his demo-account signal and as I mentioned before, other subscribers testified they lost their money due to the lotsize calculation.


Anyhow, there is no special reason for this limitation on the lotsize calculation. Somebody thought it would be cool, did not think about the consequences for subscribers

and implemented it.

It can be changed easily.


I am a programmer, I have coded EAs and indicators and my EA´s calculate the lot-size according to risk percent  etc.

Every coder includes a check for the minimum and maximum allowed lot-size of the broker because a wrong lotsize results in an order send error.

Here is a code snippet from my own code in the lotsize-calculation function


Since the CEO does not answer my message to him, the only place to go is Service Desk.

I hope they will consider to make this simple change which will prevent more subscribers losing their accounts.

  • I removed your link, advertising (positive or negative) for a signal isn't allowed on this forum.
  • That has something to do with demo-account as I doubt anyone would provide a signal with a capital > 100.000$ on a real account. To get your issue about ratio <1%, it needs a big difference on capital involved.
  • There is thousands users on this forum, we can easily understand that CEO of Metaquotes doesn't reply on private message.
  • I hope your bad experience can profit to others, and lead to improve the service.
 
angevoyageur:
  • I removed your link, advertising (positive or negative) for a signal isn't allowed on this forum.
  • That has something to do with demo-account as I doubt anyone would provide a signal with a capital > 100.000$ on a real account. To get your issue about ratio <1%, it needs a big difference on capital involved.
  • There is thousands users on this forum, we can easily understand that CEO of Metaquotes doesn't reply on private message.
  • I hope your bad experience can profit to others, and lead to improve the service.

The big difference between Demo account of Signal provider and my Balance in my Live account is no problem.

The Provider has a balance of  600.000  ,  my balance is  1.000  .

He trades 10 lots per position.

----->   the ratio of our balances is   600 :  1

Therefore the ratio of lot-sizes should be  600 : 1  too.

10 lots divided by 600  =  0.0166666666666

Rounded up this will result in a lotsize of  0.02  lots per position on my live account.


This is not higher mathematics, it is basic division only.

It can be coded very easily and if somebody says: "Oh no, maybe your broker only allows 0.1 lots , what then ? "

The answer is easy too:  I would code an alert like this "Attention. The lotsize of the copied signal should be 0.02 lots, but your broker has minimum allowed lotsize

of 0.1 lots.  Do you want the signal to be copied although it is 5x too high ?   Yes or No".


There is no reason to implement a limit on the ratio because all parameters ( minimum allowed lotsize of broker,  lot steps ) are known, there is no mystery or hidden parameters.


I hope that somebody from Metaquotes who has the authority to decide this matter will read this all ( Service Desk already answered and blamed me. They didn´t show interest in changing the trap for

subscribers), because it is not only my experience.


I know you understand the point and you agree, but unfortunately you don´t have authority in Metaquotes.

If I would be the CEO of Metaquotes, I would listen to the Moderators of my forum very closely because they are in touch with the clients much more than anybody else in the company.


Again, I thank you for your answers. It is my experience that the Moderators of this forum are helpfull and friendly.

Documentation on MQL5: Standard Constants, Enumerations and Structures / Environment State / Account Properties
Documentation on MQL5: Standard Constants, Enumerations and Structures / Environment State / Account Properties
  • www.mql5.com
Standard Constants, Enumerations and Structures / Environment State / Account Properties - Documentation on MQL5
 
fxtr51:

The big difference between Demo account of Signal provider and my Balance in my Live account is no problem.

The Provider has a balance of  600.000  ,  my balance is  1.000  .

He trades 10 lots per position.

----->   the ratio of our balances is   600 :  1

Therefore the ratio of lot-sizes should be  600 : 1  too.

10 lots divided by 600  =  0.0166666666666

Rounded up this will result in a lotsize of  0.02  lots per position on my live account.


This is not higher mathematics, it is basic division only.

It can be coded very easily and if somebody says: "Oh no, maybe your broker only allows 0.1 lots , what then ? "

The answer is easy too:  I would code an alert like this "Attention. The lotsize of the copied signal should be 0.02 lots, but your broker has minimum allowed lotsize

of 0.1 lots.  Do you want the signal to be copied although it is 5x too high ?   Yes or No".


There is no reason to implement a limit on the ratio because all parameters ( minimum allowed lotsize of broker,  lot steps ) are known, there is no mystery or hidden parameters.


I hope that somebody from Metaquotes who has the authority to decide this matter will read this all ( Service Desk already answered and blamed me. They didn´t show interest in changing the trap for

subscribers), because it is not only my experience.


I know you understand the point and you agree, but unfortunately you don´t have authority in Metaquotes.

If I would be the CEO of Metaquotes, I would listen to the Moderators of my forum very closely because they are in touch with the clients much more than anybody else in the company.


Again, I thank you for your answers. It is my experience that the Moderators of this forum are helpfull and friendly.

You are welcome, but you know, moderators are not employees of Metaquotes. Though I fully agree with your sentence about CEO of Metaquotes who would be listening the moderators
 
Can I ask how the lots calculation will be if I have the same balance as signal provider but my leverage is 1:2000 and his is 1:500?
 

 Hi, 

I have a question regarding to the singal synchronization.

I left the detail in https://www.mql5.com/en/forum/12653

But I think this is the correct place to ask this.

 Can anyone help me to get the reason?

Regards, 

Signal - automatic synchronization problem.
Signal - automatic synchronization problem.
  • www.mql5.com
32154 done (based on order #5033982)2013.
 

Hi,

How can we receive the MQL5 Signals in MT4 terminal ?

Whenever we try using MQL5 Community=>MQL5 Signals =>Select Signal and subscribe it prompt to launch/download the MT5 terminal.

Is it possible to add the MQL5 Signals in MT4 Terminal ?

 

Thanks & Regards

GTL 

 
microengines:
Can I ask how the lots calculation will be if I have the same balance as signal provider but my leverage is 1:2000 and his is 1:500?
It depends of your settings of %deposit in signals tab. As you leverage is greater than that of the provider, it's without effect. So if your %deposit is 50% you will have half lots of the provider.
 
sensezeng:

 Hi, 

I have a question regarding to the singal synchronization.

I left the detail in https://www.mql5.com/en/forum/12653

But I think this is the correct place to ask this.

 Can anyone help me to get the reason?

Regards, 

Please write to ServiceDesk for such issue.
 
GTL:

Hi,

How can we receive the MQL5 Signals in MT4 terminal ?

Whenever we try using MQL5 Community=>MQL5 Signals =>Select Signal and subscribe it prompt to launch/download the MT5 terminal.

Is it possible to add the MQL5 Signals in MT4 Terminal ?

 

Thanks & Regards

GTL 

It's not possible. You have to choose MT4 signals for MT4 terminal.
 

Hello Guys,

I'm new in here.I need to ask some questions.I am adding a new Signal and I am having issues.Please guide what does the fields relate with.

1. Login & Password.

I want to know what is the use of Login id and Password, do i have to put my mql5 Login id and password or i should put new Login id and password which will be used to Selling Signals.

2.Broker:

What is the role of broker in trading my signals and what broker should i Add.