The “Signal Calculator” utility works directly from the MetaTrader 5 terminal, and this is a great advantage, since the terminal pre-selects and sorts signals. Thus, the user sees only signals with maximum compatibility with his trading account in the MetaTrader 5 terminal.
The “Signal Calculator” allows you to answer one of the most frequent questions of users of the Signals service: “Can I subscribe to the NNN signal, and how much of the position will be copied to my trading account?”.
In detail, the operation and device of the utility is discussed in the eponymous article Signal Calculator.
Attention! The utility has a panel size of 980*456 – before using the utility, make the chart windows as large as possible.
Attention! The utility has a panel size of 980*456 – before using the utility, make the chart windows as large as possible.
- Trading account balance — the balance of the currently connected trading account — editable field. After connecting the signal calculator to the chart or after changing the chart period, the editable “Trading Account Balance” field contains the balance of the currently connected trading account. You can only enter numbers from 0 to 9 in this field.
- Currency of the trading account — currency of the currently connected trading account-drop-down list of the most common currencies. After connecting the signal calculator to the chart or after changing the chart period, the signal calculator tries to find the currency name of the currently connected trading account in the list. If no match is found, the default currency will be selected — “USD“.
- Trading account Leverage — the trading leverage of the currently connected trading account — a drop-down list of the most common trading shoulders. After connecting the signal calculator to the chart or after changing the chart period, the signal calculator attempts to find the trading leverage of the currently connected trading account in the list. If no match is found, the default trading leverage will be selected — “1:100“.
- Deposit load when copying the signal — drop-down list from the terminal menu “Service” – “Settings” – “Signals“. After connecting the signal calculator to the chart or after changing the chart period, the signal calculator tries to find the deposit load of the currently connected trading account in the list. If no match is found, the default load of “95%” is selected.
- Table of signals available in the terminal — a table with signals from the terminal’s “Signals” tab. The table is automatically sorted in descending order by the “Copy Coefficient” column. Table columns:
- Column “Increment, %” — the percentage of the increase in funds on the account as a result of trading operations.
- Column “Signal” — the name of the trading signal.
- Column “Funds” — the amount of own funds in the account of the signal provider, taking into account all obligations.
- Column “Currency” — the currency of the signal provider’s trading account.
- Column “Leverage” — the leverage of the signal provider’s trading account.
- The “Price, $” column is the price of the trading signal, in $.
- The “Copy coefficient” column is the calculated copy coefficient for each signal under the selected settings: “Trading Account balance“,”Currency of the trading account“, “Leverage of the trading account” and “The load on the deposit when copying the signal“.
- Column “Min. deposit *” — the deposit required to copy 1:1 when using a 95% deposit. In other words, this is a deposit in which the signal provider’s trades will be copied to your trading account in a ratio of 1:1, provided that the “95%”deposit load is selected.
- Detailed calculation of the copy coefficient – step-by-step, detailed calculation of the copy coefficient of the selected signal.
- K1 — the ratio of the currencies of your trading account and the trading account of the signal provider.
- K2 — the ratio of the balances of your trading account and the trading account of the signal provider.
- K3 — the deposit utilization rate. Conversion of interest into a coefficient.
- K4 — correction factor for the difference in trading leverage.
- K is the final coefficient. Calculated as the product of the coefficients K1*K2*K3*K4.
- Final copy coefficient-coefficientK, rounded in a step pattern.
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- Column “Increment, %” — the percentage of the increase in funds on the account as a result of trading operations.
- Column “Signal” — the name of the trading signal.
- Column “Funds” — the amount of own funds in the account of the signal provider, taking into account all obligations.
- Column “Currency” — the currency of the signal provider’s trading account.
- Column “Leverage” — the leverage of the signal provider’s trading account.
- The “Price, $” column is the price of the trading signal, in $.
- The “Copy coefficient” column is the calculated copy coefficient for each signal under the selected settings: “Trading Account balance“,”Currency of the trading account“, “Leverage of the trading account” and “The load on the deposit when copying the signal“.
- Column “Min. deposit *” — the deposit required to copy 1:1 when using a 95% deposit. In other words, this is a deposit in which the signal provider’s trades will be copied to your trading account in a ratio of 1:1, provided that the “95%”deposit load is selected.
- K1 — the ratio of the currencies of your trading account and the trading account of the signal provider.
- K2 — the ratio of the balances of your trading account and the trading account of the signal provider.
- K3 — the deposit utilization rate. Conversion of interest into a coefficient.
- K4 — correction factor for the difference in trading leverage.
- K is the final coefficient. Calculated as the product of the coefficients K1*K2*K3*K4.
- Final copy coefficient-coefficientK, rounded in a step pattern.
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