How is the position size calculated when copying signals?

In BlackBox, users can choose how the position size should be calculated when copying trading signals.

Currently, the following options are available:

You specify a fixed position size in USD that will be used to open each trade. For example, if the value is set to 50 USD, the system will open positions using approximately 50 USD as margin.

The position size is calculated as a percentage of your current exchange account balance. For example, if the value is set to 5% and your account balance is 1000 USD, the position size will be approximately 50 USD.

In this mode, the system calculates the position size so that the potential loss at the stop-loss level does not exceed the specified percentage of your account balance.

For example, if the risk per trade is set to 1%, the position size will be calculated so that a stop-loss execution would result in approximately 1% loss of the account balance.

Please note that the calculations take into account the leverage specified in the signal.

Also keep in mind that if the deposit is small or the risk setting is too low, the calculated order size may be below the minimum order size allowed by the exchange. In this case, the signal cannot be executed.

Additionally, exchanges may round the position size, since trading terminals support only a limited number of decimal places for order volume.