Example - Increase the lots size

Example - Increase the lots size

  • Goal: I want to enter my trades with twice of the signal's lots size.
  • How-to: Here is an example EA configuration how to achieve the above:
    1. Lots Factor = 2.0
  • Description: The EA enters the new trade with doubled lots compared to the Sender's lots size. If the signal has say 1.00 lots then the EA enters the trade with 2.00 lots.
    Warning: The Receiver broker may have restrictions about the minimum lots size what can be used for a trade entry. Typically this minimum is 0.01 lots for standard FOREX markets, but this maybe higher due to broker choices. The EA always observes this minimum lots size requirements from the broker and ensures that the trade has at least this minimum lots size for a new entry after applying the Lots Factor. This may result in increased lots size for new entry if the scaled signal lots size is lower than the broker minimum lots size.