MQL5 Trade Signals with Automatic Execution from MetaQuotes Platform Corporation.
Copy Signals Online - Signal Copy Trading
With so many signals service providers out there online, traders & investors might have a hard and difficult time doing their own research to find a signal service that is offered by traders. One of the most oftenly asked question is: Where can one find the good signals which aren't expensive?
This article will answer this question:
MetaQuotes Platform Corp. The company that owns MetaTrader 4 Platform Software has a Forex signal service on their web site (and in your MT4, Press " CTRL+T " key board keys, search for a red marked and tagged number on your MetaTrader Software Platform, below your account balance, there it is) where you as a trader can copy transactions that are provided by Experts. The good thing about this part is that using MetaTrader 4 and MetaTrader 5 the signals are automatically executed once they are generated & they aren't expensive, costing only $20 to $30 dollars per month.
Look at the Top ranked MetaTrader 4 traders below, all real accounts, the growth curves are shown - so you might have the question why would those that are profitable sell their trade signal? to answer you the top ranked signal service provider just as shown below has 4,539 subscribers charging $20 dollars per month that's $90,780 dollars additional profit a month. So additional profit for the trading signal service providers, while you copy their transactions and make profits in your trading account. The trades are automatically copied to your trading account using MQL5.com TET, Trusted Execution Token, you do not even need to be logged in to your MT4, once you subscribe, leave execution to TET execution system - MetaTrader Signals, you will just be signing in to your trading platform software to monitor the progress. The tutorial for setting up your market trading activity with signal service providers is explained below.
Where to Get These Trade Signals on Your MetaTrader 4 Software
How it works:
Beginner Traders
Beginners sign up & start following experts by copy pasting their live trading signals, trade positions are copied & executed automatically on your trading account through MQL5.com TET, Trusted Execution Token: once the expert opens or closes a trade and there's no need for manual trade execution on your part.
Experts
Experts sign up and setup their live signals service through MetaTrader 4 and MetaTrader 5 platforms, others then copy & follow your trade strategy and you earn extra profit from them and for yourself.
Forex Signal Service Provider That Traders can Subscribe from MQL5 Signal Service
Choosing Signals - List of Ranked Signals
Choosing Trading Signal From The Many Signals
To select one of the signals, first go to www.mql5.com/en/signals page which has got a list of all the signals service providers.
Get a ranking of the top signal service providers, these are monitored trading accounts which provide thorough statistics of trade transactions & also the trade transactions history of the profitability of a specific copy signal service.
There are 2 different types of trade signals services to choose from, these are:
- Top MT4 Signals
- Top MT5 Signals
The one you select will depend on which of the above platform you're using, select a provider in accordance to the one you're using.
Once you've decided on which trade signal to select and choose from, there are three other parameters you as a trader can use so that to help you as a trader decide which is the best for you:
Percentage of Profit a Month
The % profit a month shows the most lucrative signal among the top rated ones. The higher the profit % the more profitable it is.
Length in weeks
This is the total number of weeks transacted. The longer the duration is, better the trading strategy.
Number of the Subscribers
You might want to base your trade signals selection based on the decision of other traders or try-out a new one that has got fewer subscribers but has a high profit percentage.
Forex Signals Online - Review Rating of Trade Signals - Copy Signals Online
Graph of the Ranked Signals - Based on: Percentage of Profit a Month, Length in Weeks & Number Following Each Strategy
How to Subscribe to Signals
To sub-scribe to any copy trading signal from any of the signal service provider, all one requires is to have the required amount of credits so as to begin copying a specific signal service provider. Credit is the currency used. To get credit points all a trader has to do is to register and make a payment and the payment then will be converted in to credit points. These credit points are then used to pay.
1 Credit Points is equivalent to $1, for Examples on the image below 20 and 35 credits are required to subscribe to the live copy signals shown below. Once you've the required amount of credits you as a forex trader can then join the others.
Credit Points Required to Subscribe to a Signal
Connecting Signal Providers to Your Trading Software
Once you have signed up, all you have to do is to choose a signal service provider, connect to their trading signal service and all trade positions generated by the expert traders are automatically executed in realtime on your trading account, it's simple like that. No need to execute manually the FX trade or setup trade alerts system such as and like sms alerts, the deals generated here are live & are executed automatically by the MQL5 automated copy signal system.
All signals service providers are screened from month to month and only the profitable signals are allowed by the system to setup a subscription. Those which aren't profitable are filtered by system and these don't pass the screening & can't setup subscriptions within system.
3 things required to start:
- Register an MQL5.com Account
- Specify Your Broker: the available brokers listing is provided when logged in.
- Account Number on Online Brokers' server (Password is not required) .
The table below displays an example illustration with the details and particulars of the number of transactions, the number of pips profit, number of those copying, the account balance and profit graph.
List of Available Choices of Trade Signals Providers From the "Tool Box"
After fulfilling the above 3 requirements, they then will sign in to MetaTrader 4 where they'll get a list of all providers just as is shown above. One can then choose any from the list.
Finish the process by filling out the details & particulars on the following form that will then popup.
Procedure for Setting Up Real Time Signals
After typing and entering in the above details and particulars, one will now set " Enable real time subscription " by checking(ticking) this option. This will enable real-time trading to begin executing. One also is required to check ' Agree to the terms of use '. These 2 options are illustrated below.
To access to the window below, Go to " Tools", Next to the " File, View " at top left corner of MetaTrader 4 Software. Press on the Tools >>> Click on Options, the panel below will pop-up, select " Signals " tab & check the setting illustrated & illustrated below.
RealTime Settings - How to Setup These Trading Market Signals
After typing and entering in the above details & particulars, setup will be complete & signals will begin to execute upon pressing " OK " button.
For more details and particulars on how to subscribe to signals & where to find more information on a signal service provider whether you are interested in the day trading signals or scalping signals, read these 2 courses:
Why Select MQL5 Signals Service
High Security Parameter Settings - Providers work in test mode for a month & only the ones which pass the test are allowed to setup subscriptions. One can also select from those which have many weeks profitable record.
No need to keep your trading platform online 24-7 - Trusted Execution Token (T.E.T.) trading signals software system automatically copies all trades even if your platform isn't launched.
Easy Signal Subscription - Select from the many signal providers at a fixed monthly fee. All trade positions are automatically executed.
Experts can gain access to a big market of potential customers that use MetaTrader 4 & MT5, because they can access this service direct from the MetaTrader 4 Platform Software.
Minimum Delays in Trades Execution of Copy Signal - with Trusted Execution Token: TET execution model deals are automatically executed and there's no delay in execution.
Free signals and also paid signals - for those searching for free trading signals or free real signals, some signals are provided free of charge and are available for traders to subscribe. To know which trade signal is a free signal - these are ones marked "FREE".
How to Become a Trade Signal Provider
If you are an expert who is profitable, register in MQL5.com site & become a seller of signals & access a big market of potential customers once you pass a one month test trial for profitability.
For instructions on how to become a seller, Study the instructions on Articles/591
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