Accurate Trading Signal
With so many oil signals providers out there on the internet, oil traders & investors may have a hard time doing their own research to find a crude oil signal service that's provided by traders. One of the most oftenly asked question is: Where can one find the good oil signals that aren't expensive?
This article will answer this question:
Meta Quotes Software Corp. The company that owns MT4 Oil Trading Software has a oil signal service on their website (and on your MetaTrader 4 , Click ' CTRL+T ' keyboard keys, look for a red number on your MetaTrader Platform, below your trading account balance , there it is) where you can copy transactions provided by Experts. The good thing about this part is that using MetaTrader 4 & MT5 the oil signals are executed automatically once they are generated and they are not expensive, costing only $20 to $30 dollars a month.
Look at the Top ranked MetaTrader 4 oil traders below, all real accounts, the growth curves are illustrated - so you may have the question why would those who are profitable sell their signal? to answer you the top ranked oil signal provider as displayed below has 4,539 subscribers charging $20 dollars a month that is $90,780 dollars extra profit per month. So extra profit for the oil signal providers, while you copy their transactions and make profits on your account. The trades are automatically copied to your account using MQL5 TET, Trusted Execution Token, you do not even need to be logged in to your MT4, once you subscribe, leave the execution to TET system, you'll just be log in to your oil platform to monitor progress. The procedure for setting up your trading with oil signal providers is explained below.
Where to Find These Oil Signals on Your MT4 Oil Trading Software
How it works:
Beginner Traders
Beginner Traders sign up and start following experts by copying their live crude oil trading signals, trades are copied & executed automatically on your trading account through MQL5 TET, Trusted Execution Token: once the expert opens or closes a trade & there is no need for manual execution on your part.
Experts
Experts sign up & setup their live oil signals service through MetaTrader 4 & MT5 crude oil trading platforms, others then copy & follow your oil trading strategy & you make extra profit from them as well as for yourself.
Oil Trading Signals Provider That Traders can Subscribe from MQL5 Oil Trading Signal Service
Choosing Oil Trading Signals - List of Ranked Signals
Selecting The Best Crude Oil Trading Signal From The Many Trading Signals
To chose one of the crude oil trading signals, first of all go to the www.mql5.com/en/signals page which has a list of all the oil signals providers.
Find a ranking of the top oil signal providers, these are monitored oil trading accounts that provide detailed statistics of trades as well as the transactions history of the profitability of a specific signal service.
There are two different types of Oil trade signals services to select from, these are:
- Top MetaTrader 4 Signals
- Top MetaTrader 5 Signals
The one you select will depend on which of the above oil trading platform you are using, select a provider according to the one you're using.
Once you have decided on which Oil trade signal to select from, there are 3 other parameters that you can use to help you decide which one is best for you:
Percent of Profit/Month
The percent profit per month shows the most profitable crude oil signal among the top ranked signals. The higher the profit percentage the more profitable it is.
Length in weeks
This is total number of weeks traded. The longer the duration, the better the strategy.
Number of Subscribers
You may want to base your Oil trade signals selection based on the decision of others or try out a new one that has fewer subscribers but has a high profit percentage.
Oil Trading Signals Online - Review of Trading Signals
Graph of Ranked Trading Signals - Based on: Percentage of Profit/Month, Length in Weeks & Number Following Each Strategy
How to Subscribe to Trading Signals
To subscribe to any signal from any oil signal provider, all a trader requires is to have the required amount of credits in order to begin copying a particular oil signal provider. Credit is what is used. To get credit all a trader has to do is to register and make a payment & the payment will then be converted into credits. These credits are then used to pay.
1 Credits is equivalent to $1 dollar, For Example on the screen-shot below 20 & 35 credits are required to subscribe to the live oil signals illustrated below. Once you have this required amount of credits you can then join the others.
Credits Required To Subscribe to a Trading Signal
Connecting Oil Signal Providers to Your Crude Oil Trading Platform
Once you've signed up, all you have to do is to choose a oil trading signal provider, connect to their service & all trades generated by the experts are executed automatically in real time on your trading account, it is simple like that. No need to manually execute the trade transactions or setup trade alerts such as sms alerts, the deals generated here are live and are automatically executed by the MQL5 automated oil signal system.
All signals providers are screened from month to month & only the profitable ones are allowed by the system to setup sub-scription. Those which aren't profitable are filtered by the system & these don't pass the screening & cannot set up subscriptions within the system.
3 things required to start:
- Sign up an MQL5 Account
- Specify Your Broker: available brokers list is provided when logged in.
- Account Number on Brokers' server (Password is not required) .
Table below shows example with particulars of number of trade transactions, number of pips profit, the number of those copying, trading account balance and profit graph.
List of Available Choices of Oil Trading Signals Providers From the 'Toolbox'
After fulfilling the above 3 requirements, they will then login to MT4 where they will find a listing of all the providers as shown above. One can then select any from this list.
Complete this process by filling in details on following form which will appear.
Procedure for Setting Up Real Time Trading Signals
After filling above details, one will now set the ' Enable real time subscription ' by checking(ticking) this option. This will enable real-time trading to start executing. A trader is also required to check the " Agree to the terms of use ". These two options are shown below.
To get to the window below, Go to ' Tools', Next to " File, View " at tops left corner of MetaTrader 4 Oil Trading Software. Click on Tools >>> Click on Options, the window below will pop-up, select ' Signals ' tab and check the settings shown below.
Real-Time Settings - How to Set Up These Oil Trading Market Signals
After filling the above details, the setup will be complete & signals will start to execute upon clicking the ' OK ' button key.
For more details on how a trader can subscribe to copy trading signals & where to find more data on a copy signal service provider whether you're interested in daily oil trading signals or Oil Trading scalping signals, read this 2 articles:
Why Choose MQL5 Crude Oil Trading Signals Service
High Security Parameters - Providers work in test mode for a month & only the ones which pass this test are allowed to setup subscription. One can also select from those that have many weeks profitable track record.
No need to keep your oil 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 opened.
Easy Oil Signal Subscription - Select from the many providers at a fixed monthly fee. All trade transactions are executed automatically.
Experts can gain access to a big market of potential sub-scribers that use the MetaTrader 4 and MetaTrader 5, because they can access this service directly from MT4 Oil Trading Software.
Minimum Delay in Execution of Copy Trading Signal - with Trusted Execution Token (TET) execution model deals are automatically executed and there's no delay in execution.
Free oil signals as well as paid signals - For those looking for free oil trading signals or free live crude oil trading signals, some oil trading signals are provided free of charge & are available for traders to subscribe. To know which signal is a free oil signal - these are the ones marked 'FREE'.
How to Become a Oil Trading Signal Service Provider
If you're an expert who is profitable, sign up in MQL5.com website & become a seller of copy & paste trading signals and access a big market of potential copy trading signal sub-scribers once you pass the 1 month profitability test trial.
For instructions on how to become a seller, Read the instructions on Articles/591
