Advantages of MQL5 Trading Signals to Traders over Other Commodity Trading Signals Providers
This is a new kind of online commodity signals service: based on the strategies of real Commodity traders, this is the first advantage. Each provider enrolled on the MQL5 commodity trade signal sections has a proven track record of profitable trade transactions. All accounts of these commodity signal providers are continuously monitored and tracked.
Most of the commodity signal providers are experienced traders, therefore for those commodity traders wanting looking for this trading signal service, this is best place, a single place where copy paste signal subscribers get to meet others who have profitable trade strategies & copy their trading signals.
So, What are Advantages of These Commodities Signals Service to Traders
1. Commodity Signal Providers Are Experts Who Use Real Commodities Accounts Opened With Their Own Money
Every commodities signal service provider on the MQL5 codebase community is an expert using their own real trading account opened with their own earned money to provide the copy paste trading signals. Take a look at screen shot illustrated and shown below: the copy paste trading signal service provider name is "Attach to Chart", the copy & paste signal service is hosted on the MetaQuotes Server, The equity trading balance is $18,908.35 real money.
Live Trading Signals
Every live commodities signals provider is first registered in the community, upon signing up and signing up they specify their real account, and this commodities trading account is basis used to create the trading signals. Once a commodity signal provider opens a trade on this commodities trading account, then this trade is automatically generated and copied to subscribers.
This is first advantage, all transaction are generated on real accounts by experts: this way as a buyer of this trade signals service you know you are getting a good deal.
2. Implemented by MetaQuotes Software Corp. Owner of MT4 & MT5 Commodity Trading Platforms
There are hundreds of web sites out there selling this commodity signals service, but to for those commodity traders who want to subscribe to copy paste trading signals there is really no sure way or method to determine which signal service is legitimate & as a buyer of copy paste signals there is no way to know who is behind the signal service.
But in MQL5, all providers are first registered on the forum which is operated by Metaquotes Software Corp. If you do not know Metaquotes Software Corporation. It's the owner of the MT4 and MT5 commodities softwares which you are trading commodity with, the platform that you downloaded from your commodities trading broker, your commodity broker got it from Metaquotes Software Corporation.
All commodity trading signals providers Must Register & must fill a registration form & send proof of ID & Proof of their Residence, After registration they then get a SMS confirmation of their registration. This way as the subscriber you get to know the person that you're dealing with.
In addition, when you subscribe you don't send money to the commodity copy signals provider. You will open an MQL5 Community Account, and you will then use what is referred to as credits to subscribe. Credits is the currency which is used to transact with in this community. To get credit you deposit money within this forum. This way you'll not be dealing direct with other person, you will be dealing with Metaquotes Software Corp. And then the company will handle all the trades between you, buyer, and the seller: all that you have to do as a buyer is to obtain the credits & you are set to get all the commodity signals copied to your account without having to do anything else.
3. All Commodity Signal Services are Tested and Have a Track Record of Profit Making
The example screen shot below shows a summary of the top ranked accurate commodity trade signals.
Real Time Updated Live Trading Signals
For each one of the commodity signals provider above there is duration in weeks that the provider has been trading. For this duration the profit per month as a percentage is also recorded. The top ranked commodities trade signals above have the following track records:
- Duration - 7 weeks to 117 weeks
- Profit Per Month - 199% to 1,557%
In addition all the commodities market signals providers must pass One month testing period where they must prove that their trading strategy is profitable, before getting registered on this list.
This way, the whole process is transparent & as a sub-scriber you always know what trading signal you are buying & the track record of profit making is.
This is advantage of this service over others out there: you get statistics that are tracked realtime & updated weekly & their authenticity can be verified by viewing the detailed statistics and transaction history of a Commodity trade signal provider where as others you just get a screen shot of previous transactions and their authenticity may not be verifiable.
4. Affordable Commodities Trading Price
One advantage of this service is that it is set at an affordable commodities price, because there are many copy signal service subscribers therefore the it's charged at an affordable fee. Anyone who is trading with MetaTrader platform can subscribe directly from their platform: this is what makes the MQL5 forum to have a large subscriber base.
This is advantage, it's affordable as compared to other daily commodity signals that charge expensive fees ranging from $100 dollars to upto $200 dollars.
Below is example of the top ranked commodity signal providers for MetaTrader 4 & MT5 commodities softwares, the commodity price is set at $40 & $35 dollars a month.
Commodity Trading Price For The Top Ranked Trading Signals
Another advantage is that there are some commodity trading signals that are free. Those traders looking for free commodity trading signals or free live commodity trade signals you can go to Online commodity trade signal provider service page & access the free commodity signals as well as the paid for trading signals.
5. Easy Setup Directly from the MetaTrader Commodity Trading Platforms
Once you subscribe to a commodity signal, there is no need to setup an alert system, for examples there is no need to setup SMS alert or an Email alert, neither is it required to watch the commodities trading market constantly 24/7.
This service can be accessed direct from the MetaTrader platform. All one has to do is to setup and activate this directly from platform.
The screen-shot below shows where a trader can access the Commodity trade signals directly from platform. This is what makes this service the best commodity trade signal service for traders.
MetaTrader Commodities Software Tool box - Commodity Signal Setup Tab
3 steps to subscribe:
- Go to MQL5.com: Register an Account
- Specify Your Commodity Broker: a list of available brokers is provided when logged on your community account.
- Account Number on Brokers' server (Password is not required) .
The advantage is that when a trader completes this simple process of this commodity trading set up, they will automatically receive these transactions from the provider that they choose copied to their accounts. The transaction will now execute in real-time on your MetaTrader 4 commodities trading platform as soon as they are generated.
For More Details, read these 2 guides:
6. TET - Trusted Execution Token Model in Commodity Trading
Trusted Execution Token or TET model is MQL5 automated commodity signal system. This is how the TET execution model works:
Once you have signed up, all you've to do is to choose a commodity trading provider. Once you select this, your platform will then connect to this commodities signal through the TET Execution system, and all their opened trades will be automatically executed in realtime on your account, it is as simple as that.
There is no need to manually execute the generated trades or setup alerts such as an SMS alerts, or look for any other custom commodity trading signals software the trades generated are live and executed automatically by the TET system
The Advantages of TET Model Are:
Minimum Delay in Execution - with Trusted Execution Token/TET model deals are automatically executed & there is no delay between the time signal is generated & when it's copied to the trading account of the subscribing Commodity traders.
No need to keep your trading platform online 24 7 - ( TET ) System automatically copies all trades on your account even if your commodity platform is not launched.
