Autoscale allows you to receive and execute trade signals from multiple leaders simultaneously on the same trading account. The trade volumes are automatically scaled proportionally based on your account Balance or Equity, ensuring effective risk management across all copied trades.
How is the trade volume calculated when using Autoscale with multiple leaders?
Autoscale calculates the trade volume for each leader based on your account's Balance or Equity and a predefined multiplier. Here's an example to illustrate:
Example Scenario:
Autoscale Setting: Equity-based, Multiplier: 0.5
Your Balance: $1000
Following Two Leaders:
Leader 1 with a Balance of $5000
Leader 2 with a Balance of $10,000
What happens when Leader 1 opens a trade?
When Leader 1 opens a trade, Autoscale calculates the trade volume for your account as follows:
Trade Volume = 0.5 x (1000/5000) = 0.1
You will open a trade with 0.1 lot.
What happens when Leader 2 opens a trade after my equity increases?
When Leader 2 opens a trade, Autoscale recalculates the trade volume based on your updated equity:
For example, at that time the Equity goes up to $1200
Trade Volume = 0.5 x (1200/10000) = 0.06
You will open a trade with 0.06 lot.
What if my equity changes after the first trade?
If your equity changes, Autoscale will adjust the trade volume accordingly. For instance, if your equity increases to $1200 after the first trade:
- Initial Equity: $1000
- Initial Trade Volume: 1 lot (based on $1000 equity)
- New Equity: $1200 (after the first trade)
- Adjusted Trade Volume: 1.2 lots (based on $1200 equity)
With Autoscale, the trade volume will increase proportionally to the change in equity, ensuring that your trades are scaled according to your current equity. This helps in maintaining consistent risk management and maximizing the potential gains based on the available equity.