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How to Subscribe to a Signal
Govt and private sector together for sustainable development Enable Synchronize positions without confirmations option in the platform settings in order not to receive warnings and synchronize automatically. Carefully read the recommendations described in the dialog windows. Unrelated trades increase the overall load on the trading account as compared with the signal provider. After successful synchronization of positions, the platform can perform a re-synchronization.
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It is performed in case of network issues during copying to make sure that no trades from the Provider are missed. If it turns out that some Provider's trades are absent on the Subscriber's account, the system copies them. Unlike the initial synchronization, the total floating profit of the Provider is not checked here. 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. In addition to the network issues, the reason for the absence of certain positions on the Subscriber's account may be activation of stop levels or closing positions manually:.
After Subscriber's and Provider's accounts are successfully synchronized, copying of trading operations will start. This is done automatically. Pending orders placed on Provider's account are not copied to Subscriber's account. Trade operations are copied when pending orders trigger: when a Buy Limit or Buy Stop order triggers, a buy signal is copied; when a Sell Limit or Sell Stop order triggers, a sell signal is copied. The volume of trading operations performed on the Subscriber's account is based on the Subscriber's and Provider's available funds.
The calculation is performed in several stages. The volume is multiplied by the ratio of Subscriber's and Provider's balances considering deposit currency and allowable deposit load specified in the platform settings. If the Provider performs a deal with the volume of 1 lot, the same deal is performed on the Subscriber's account with the volume of 0. After the balances have been considered, Subscriber's and Provider's leverages are also taken into account. If Subscriber's leverage exceeds the one of the Signal Provider, it does not affect a volume of a copied deal. Otherwise, the deal volume is changed in direct ratio to the correlation of a Signal Provider's leverage with a Subscriber's one.
A subscriber having a leverage of will open a deal of 0. Volume calculations are displayed in the "Journal" tab of the platform. The sample entry is shown below:.
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This is done to correct the subscriber's current positions according to the new copying percentage value. If the subscriber's funds have increased due to the balance or credit operation, no forced synchronization is performed. The platform may receive a requote when copying a trade operation of a provider the server returns new prices as a response to a trade request at the specified price. If the requote is received again, the accounts of the subscriber and provider become unsynchronized. Later the platform will retry to synchronize them.
For convenience, trading accounts subscribed to a signal are marked with a special icon in the Navigator window:. When you point the mouse cursor over the name, the subscription's expiration date is displayed. The context menu contains commands for viewing the signal and unsubscribing from it. The latter one is displayed only if the appropriate trading account is currently active in the platform.
If the current trade account is subscribed to a signal, the corresponding icon is also displayed in the account state bar on the Trade tab:. Statistics on signal copying is displayed in "My Statistics" tab.
It contains data on all signals the current trading account has ever been subscribed to. Detailed information on complete and active subscriptions will help you to estimate the effectiveness of every single provider. These reports will show you the profit gained from money spent for subscription. All values in the list are only based on the trades copied to the trading account in accordance with the signal:. The list can be sorted by any of the above parameters.
The first mouse click on the column name sorts the signals by the first parameter, while the second click — by the second parameter. To reset the sorting, click the upper line of the growth graph column.
If a subscription expiration time approaches, and you want to continue using it, you should prolong it. To manage subscription in the trading platform, open a page of any signal. The signal name is a link leading you to the signal's page. Renew the subscription, click the button "Renew subscription". After that, the following window will appear:. Check the correctness of the data. If you agree with the subscription terms, pay for the subscription renewal just like you purchase a new subscription.
If you subscribe to a free signal, specify your MQL5 account password. If you do not want to copy signals according to a subscription, it can be canceled. When you cancel a subscription, the payment amount locked for it on your MQL5. If you have problems receiving signals, do not cancel the subscription and contact Service Desk through your MQL5. If you want to suspend copying trades, do not unsubscribe from the signal.
Instead, suspend the subscription by disabling the option "Enable realtime signal subscription" in the platform settings. Later you can resume the subscription by enabling this option.
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To unsubscribe from the signal, click the button "Unsubscribe". After that, the window opens where you need to confirm the cancellation of the subscription:. If you experience problems receiving signals, do not cancel the subscription and contact Service Desk through your MQL5. How to Subscribe to a Signal If you want to copy trading operations performed by a provider , you should subscribe to a signal. Make sure to read the rules before using the Signals service.