MQL5 Oil Copy Copy Signals with Automatic Trade Execution from Meta Quotes Software Corp.
Oil Signal Copy Trading
With so many oil signals providers out there on the inter-net, traders and investors might have a hard time doing their own research to find a signal service that's provided by traders. One of the most oftenly asked question is: Where can a trader find the good signals that aren't expensive?
This article will answer this question:
MetaQuotes Software Corp. Company that owns MetaTrader 4 Oil Platform has a trade signal service on their website (and on your MT4, Click " CTRL+T " key board keys, look for a red number on your MetaTrader Software, below your account balance, there it is) where you can copy transactions provided by Experts. The good thing about this part is that using MT4 & MT5 the signals are executed automatically once they are generated and they aren't expensive, costing only $20 to $30 per month.
Look at the Top ranked Meta Trader 4 traders below, all real accounts, the growth curves are portrayed - so you might have the question why would those who are profitable sell their signal? to answer you the top ranked signal provider as displayed below has 4,539 subscribers charging $20 dollars a month that's $90,780 dollars extra profit per month. So extra profit for the signal providers, while you copy their transactions and make profits on your account. The oil trade trade transactions 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 - MetaTrader Oil Signals, you will just be signing in to your platform to monitor progress. Method for setting up your trading with signal providers is explained below.
Where to Find These Oil Signals on Your MT4 Oil Software
How it works:
New Traders
New Traders register and start following experts by copying their live signals, trades are copied and executed automatically on your account through MQL5 TET, Trusted Execution Token: once the expert opens or closes a trade and there's no need for manual execution on your part.
Experts
Experts register and setup their live oil signals service through MT4 & MetaTrader 5 platforms, others then copy and follow your oil strategy and you make extra profit from them as well as for yourself.
Oil Signals Provider That Traders can Subscribe from MQL5 Oil Signal Service
Choosing Trading Signals - List of Ranked Trade Signals
Choosing The Best Trading Signal From The Many Signals
To chose one of the signals, first of all navigate to the www.mql5.com/en/signals page which has a list of all the oil copy trade signals service providers.
Find a ranking of the top signal providers, these are monitored accounts that provide detailed reports 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 platform you are using, choose a provider according to the one you're using.
Once you have decided on which trade signal to select from, there are Three other parameters that you can use to help you decide which one is best for you:
Percent of Profit per Month
The % profit per month highlights the most profitable signal among the top ranked ones. Higher the profit percent the more profitable it is.
Length in weeks
This is total number of weeks traded. Longer the duration, the better the strategy.
Number of Subscribers
You might want to base your Oil trade signals chooseion based on the decision of other copy traders or try-out a new one that has fewer number of subscribers but has a high profit percent.
Oil Signals - Review of Signals - Copy Oil Signals Online - Oil Signal Copy Trading
Graph of Ranked Trade Signals - Based on: Percentage of Profit per Month, Length in Weeks and 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 start copying a particular signal provider. Credits is what's used. To get credit all a trader has got to do is to register & make a payment & the payment will then be converted into credits. These credits are then used to pay.
1 Credits is equal to $1 dollar, For Example on the screen-shot below 20 & 35 credits are required to subscribe to the live oil signals demonstrated below. Once you have this required amount of credits you can then join the others.
Credit Required To Subscribe to a Signal
Connecting Signal Providers to Your Crude Oil Software
Once you've signed up, all you have to do is to choose a oil signal provider, connect to their service and all trades generated by the experts are executed automatically in real time on your 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 signal system.
All signals providers are screened from month to month and only the profitable ones are allowed by the system to set-up sub-scription. Those that are not profitable are filtered by the system & these do not pass the screening & cannot set up subscriptions within the system.
3 things required to start:
- Sign up an MQL5 Account
- Specify Your Broker: the available online brokers list is provided when logged in.
- Account Number on Brokers' server (Password is not required) .
Table below illustrates example with particulars of number of transactions, number of pips profit, number of those copying, account balance & profit graph.
List of Available Choices of Oil Signals Providers From the "Toolbox"
After fulfilling the above Three requirements, they will then login to MT4 where they will find a listing of all the providers as shown above. One can then choose any from the list.
Complete this process by filling in details on the following form which will pop up.
Method for Setting Up Real Time Trading Signals
After filling above details, one will now set the " Enable realtime 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 " on tops left corner of MT4 Oil Trading Software. Click on Tools >>> Click on Options, the window below will pop up, choose " Signals " tab and check the settings shown below.
Real-Time Setting - How to Setup These Oil Trade 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 you can subscribe to copy paste signals and where to find more data on a copy signal provider whether you are interested in daily oil signals or Oil Trade scalping signals, read this 2 articles:
Why Choose MQL5 Signals Service
High Security Parameters - Providers work in test mode for a month and only the ones that pass this test are allowed to set-up subscription. One can also select from those that have many weeks profitable track record.
No need to keep your platform online 24-7 - Trusted Execution Token (TET) signals software system automatically copies all trades even if your platform isn't opened.
Easy Oil Signal Subscription - Choose from the many providers at a fixed monthly fee. All trade transactions are executed automatically.
Experts can gain access to a large market of potential sub-scribers that use the MT4 and MetaTrader 5, because they can access this service direct on their MT4 Oil Trading 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 oil signals as well as paid signals - For those looking for free oil signals or free live signals, some oil signals are provided free of charge and are available for traders to subscribe. To know which signal is free oil signal - these are the ones marked "FREE".
How to Become a Oil Signal Service Provider
If you are an expert who is profitable, sign up in MQL5.com web site & become a seller of copy & paste trading signals and access a big market of potential copy signal sub-scribers once you pass the 1 month profitability test trial.
For instructions on how to become a seller, Read instructions on Articles/591
What is a Trade Plan? - Written Plan Template Example
Alternatives: EA Automated Robots or Copy Paste Signals
