Discussion of article "How to copy signals using an EA by your rules?"

 

New article How to copy signals using an EA by your rules? has been published:

When you subscribe to signals, such situation may occur: your trade account has a leverage of 1:100, the provider has a leverage of 1:500 and trades using the minimal lot, and your trade balances are virtually equal — but the copy ratio will comprise only 10% to 15%. This article describes how to increase the copy rate in such cases.

The MetaTrader 5 terminal allows to connect both hedging and netting trading accounts of the subscriber. Depending on the type of the connected account the behavior of the copier regarding the substitution of the Magic Number in the copied position will differ drastically. To answer this question, let us consider the following figure:


Fig. 6. Netting account, without substitution of the Magic Number 

As it can be seen, on a netting account the copier increased the position without substituting the Magic Number — this caused the position to become "foe" for the Signals service. That is, operation of the copier without substituting the Magic Number is a mistake. This means that on a netting account the copier must always substitute the Magic Number when increasing the position. But while working on a hedging account everything is the opposite: when increasing the position the copier must substitute the Magic Number with its own.

Author: Karputov Vladimir

 
very educative, learnt a lot
 
Opened infinit orders and I lost 1000 dollars.
I cant believe someone could post it here without even test.
 
highfire :
Opened infinit orders and I lost 1000 dollars.
I cant believe someone could post it here without even test.

Do you really know how to read and think?

Risk Warning

Before using this method, you need to rely primarily on common sense, as the increase in the copy ratio entails increased risks.

While copying, the system periodically checks whether positions on the subscriber's account match the provider's ones. If a mismatch is detected (i.e., only some positions have been copied), the system tries to eliminate that and copy the missing ones. Unlike the initial synchronization, the total floating profit of the provider is not checked. If the subscriber started copying, they should follow the provider's trading strategy to the maximum possible extent. It is impossible to copy some positions, while ignoring others.

If the system detects positions not based on signals on the subscriber's account, it offers to close them or closes them automatically depending on the "Synchronize positions without confirmations" setting.

 

wrote:

The copier operates on a virtual hosting

'a virtual hosting` means what?
windows vps services?

 
Por :

wrote:

The copier operates on a virtual hosting

'a virtual hosting` means what?
windows vps services?

The site immediately gave you a hint - the site immediately inserted a reference link.