Advantages of MQL5 Signals to Traders over Other Signal Providers

This represents an innovative form of online signal replication service: its primary advantage is its reliance on the established strategies of active XAUUSD traders. Every provider listed in the MQL5 signal section maintains a documented history of their successful trades. The performance of all accounts belonging to these signal service providers is subject to ongoing monitoring and tracking.

Most providers of signal services are traders with experience, so for traders seeking this service, this is the perfect spot: a place where people who subscribe to signals can meet other traders with profitable plans and copy them.

So, What are Benefits/Advantages of These Signals Service to Traders

1. Signal Providers Are Experienced Traders Who Use Live Accounts Which They Opened with Their Own Money

Every signal service provider on this MQ5 community forum is an expert using their own live account opened with their own money to so as to provide these copy trade signals. Take a glance at the screen-shot that is displayed below: the copy signal name is '101010', the copy service is hosted on the MetaQuotes Server, The equity balance is $18,908.35 real money.

Live Signals

All live trading signal providers start by registering in a community forum. Upon registration, they specify their real account, which serves as the foundation for generating signals. Once a signal service provider executes a trade on this account, that trade is automatically derived and propagated to subscribers.

First perk: Trades run on live accounts by pros. Buyers get reliable signals this way.

2. Owned by MetaQuotes Software Corp. Owner of MT4 & MT5 Gold Softwares/Platforms

There are many websites that sell these signals, but if you want to subscribe, it's hard to know which ones are real, and you can't find out who is behind the service.

But in MQL5, all providers are first signed up on the community which is operated by MetaQuotes Software Corp. If you do not know Meta Quotes Software Corp. It is the owner of the MetaTrader 4 and MT5 platforms that you are gold trading with, the software which you downloaded from your xauusd trading broker, your broker got it from MetaQuotes Software Corp.

All signal providers need to sign up and complete a form. They also have to provide proof of who they are and where they live. After signing up, they'll get a text message confirming their registration. This lets you know who you are working with as a subscriber.

In addition, when you subscribe you don't send money to the trading copy signal service provider. You'll open an MQL5 Community Forum Trade Account, and you will then use what is known & referred to as credit points to subscribe. Credit is what is used to transact within this forum community. To obtain credit you deposit money within this forum community. This way you'll not be dealing direct with other person, you'll be dealing with MetaQuotes Platform Corp. And the company will then take care of all the trade positions between you, the buyer, and the seller: all you've to do as a buyer is to get credit points and you're setup to get all signals copied to your account without having to do anything else.

3. All XAUUSD Signal Services are Tested & Have a Track Record of Profit Making

The example screen-shot below shows a summary of the top ranked gold signals.

RealTime Updated Live Signals

For each person who provides trading signals listed above, there's how long they've been trading in weeks. Also, the average profit each month as a percentage for this time is noted. The best signal providers above have these records:

• Duration - 7 weeks to 117 weeks
• Profit Per Month - 199 % to 1,557 %

Every market signal provider has to go through a one-month test to prove their strategy actually works before they get listed here.

This means everything is clear, and as a subscriber, you always know what signal you're buying and can see how well it makes profit.

This service stands out with weekly real-time updates. Check full trade logs from the provider to confirm accuracy. Other options just share trade screenshots. You often cannot prove those right.

4. Affordable Price

One advantage of this signal service is that it's offered at an affordable price, because there are many copy signal subscribers hence the it is charged at an affordable fee. Anybody who is trading with MetaTrader trading platform software can subscribe direct from their platform software: this is what makes the MQL5.com forum community forum to have a big subscriber base.

This option costs less than other daily signals, which run $100 to $200 a pop.

Examples of top-rated signal service providers for MT4 and MT5 are listed below, with associated monthly costs of $40 and $35, respectively.

Price for The Top Ranked Signals

Some signals come at no cost. Traders wanting free or real free signals can visit online signal providers. They offer free trades plus paid options.

5. Easy Setup Direct from MetaTrader Platform Softwares

After you sign up for trading signals, you skip setting up alerts. No need for SMS or email notices. You also avoid watching markets around the clock.

This trade replication service is directly accessible to you, the trader, right from within the MetaTrader terminal. The process involves merely configuring and enabling the feature directly through the software interface.

The picture below shows where a trader can get the trade signals right from their software. This is why this signal service is the best gold copy signals service for traders.

MetaTrader Platform Toolbox - Signal Setup Tab

3 guide-lines to sub-scribe:

1. Go to MQL5: Register an Account
2. Specify Your Online Broker: a list of available brokers is provided when logged on your community account.
3. Account Number on Brokers' server (Password is not required) .

The benefit of completing this straightforward setup process is that you will automatically receive transactions from your selected signal provider directly in your trading accounts. The trades will be executed in real time on your MT4 software as soon as they are created.

For Further Information, refer to these 2 articles:

Articles/523

Articles/618

6. T.E.T. - Trusted Execution Token Model in Gold Trading

Trusted Execution Token(TET) signal execution model is MQ5 automated gold signal system. This is how T.E.T. Execution model works:

Following the completion of your registration, the sole remaining action is to select your preferred signal provider. Once you, the trader, finalize this selection, your trading platform will establish a connection with that signal source via the TET execution system. Consequently, all trades executed by the provider will be automatically mirrored in real-time within your personal trading account - the process is straightforward.

There is no need to do created and automatic transactions by hand or set up alerts such as a text, or look for any other special signals software because the trade positions created are live and automatically done by the T.E.T. system.

The Advantages of TET Execution Model in XAUUSD Are:

Minimum Delays in Execution - with Trusted Execution Token: T.E.T. Model trades are done automatically with no gap between when the copy signal is made and when it is copied for traders who are subscribed.

No need to run the platform all day. The T.E.T. system copies trades to your account even when closed.

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