Advantages of MQL5 Signals to Traders over Other Stocks Signals Providers
This is a new kind of online stock trading signals service: based on the strategies of real Stocks traders, this is the first advantage. Each provider enrolled on the MQL5 stock trading signal sections has a proven track record of profitable trades. All trading accounts of these stock trading signal providers are continuously monitored & tracked.
Most of the stock trading signal providers are experienced traders, therefore for those wanting & looking for this copy signal service, this is the best place: a single place where copy trading subscribers can meet other signal providers who have profitable strategies & copy them.
So, What are the Advantages of These Stock Signals Service to Traders
1. Stocks Trading Signal Providers Are Experts Who Use Real Stock Trading Accounts Opened With Their Own Money
Every stock signal provider on the MQL5 forum is an expert using their own real account opened with their hard earned money to provide the trading signals. Take a look at the screen-shot below: the signal provider name is '101010', the copy trading signal service is hosted on the MetaQuotes Server, The trading equity balance is $18,908.35 real money.
Live Stocks Signals
Every live stock trading signals provider is first registered in the community, upon registering they specify their real account, and this stock account is the basis used to create the trading signals. Once a stock trading signal provider opens a trade on this stock account, then this trade is automatically generated & 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're getting a good deal.
2. Owned by MetaQuotes Software Corp. Owner of MT4 & MetaTrader 5 Stocks Trading Softwares
There are hundreds of websites out there selling this stock copy trading signals service, but for those who want to subscribe there's is really no sure method of determining which one is legitimate & as a signal buyer there is no way for you to know who is behind signal service.
But in MQL5, all providers are first signed up on the forum which is operated by Metaquotes Software Corporation. If you don't know Metaquotes Software Corp. It is the owner of the MT4 & MetaTrader 5 stock platforms that you are stocks trading with, the platform that you downloaded from your stock trading broker, your stocks broker got it from Metaquotes Software Corp.
All stocks trading signals providers Must Register & must fill a sign up form and send proof of ID & Proof of their Residence, After registration they then get SMS confirmation of their signup registration. This way as the subscriber you get to know the person that you're dealing with.
In addition, when you subscribe you do not send money to the stock trading signals provider. You'll open an MQL5 Community Account, & you'll then use what is referred to as credits to subscribe. Credits is the currency which is used to transact with in this forum. To get credits you deposit money within this community. This way you will not be dealing directly with other person, you'll be dealing with Metaquotes Software Corporation. And then the company will handle all trade transactions between you, the buyer, & seller: all that you have to do as a buyer is to obtain credit and you're set to get all stocks trade signals copied to your account without having to do anything else.
3. All Stocks Trading Signal Services are Tested & Have a Track Record of Profit Making
The example screen shot below shows a summary of the top ranked accurate trading signals.
Real Time Updated Live Stocks Signals
For each one of the stock trading signals provider above there is duration in weeks that the provider has been trading. For this duration the profit a month as a percent is also recorded. Top ranked stock 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 stock trading market signals providers must pass One month testing period where they must prove that their strategy is profitable, before getting signed up on this list.
This way, the whole process is transparent and as a subscriber 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 Stocks trade signal provider where as others you just get a screen shot of previous transactions and their authenticity may not be verifiable.
4. Affordable Stock Price
One advantage of this service is that it is set at an affordable stocks price, because there are many signal sub-scribers therefore the it is charged at an affordable fee. Any trader 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 stock trading signals that charge expensive fees ranging from $100 dollars to up to $200 dollars.
Below is an example of the top ranked stock trading signal providers for MetaTrader 4 & MetaTrader 5 stock platforms, the stocks price is set at $40 & $35 dollars a month.
Stocks Price For The Top Ranked Stocks Signals
Another advantage is that there are some stock signals that are free. Those traders looking for free stock signals or free live stock trading signals can go to Online stock trading signal service page & access the free stock trading signals as well as paid for signals.
5. Easy Setup Directly from the MetaTrader Stocks Platforms
Once you subscribe to a stocks signal, there is no need to setup an alert system, for example there is no need to set up SMS alert or an Email alert, neither is it required to watch the stocks market constantly 24/7.
This service can be accessed directly from the MetaTrader software. All a trader has to do is to set up & activate this directly from their platform.
The screen-shot below shows where a trader can access the Stocks trade signals directly from the trading platform. This is what makes this service the best stock signal service for traders.
MetaTrader Stock Platform Toolbox - Stocks Signal Setup Tab
3 steps to subscribe:
- Go to MQL5.com: Register an Account
- Specify Your Stocks Broker: a list of available brokers is provided when logged on your community account.
- Account Number on Brokers' server (Password is not required) .
Advantage is that when a trader completes this simple process of this stocks setup, they will automatically receive these transactions from the provider that they choose copied to their accounts. Trade will now execute in real-time on your MT4 stock platform as soon as they are generated.
For More Details, read these 2 tutorials:
6. TET
Trusted Execution Token or TET execution model is MQL5 automated stock signal system. This is how the TET execution model works:
Once you have registered, all you have to do is to select a stock trading provider. Once you choose this, your trading platform will then connect to this stock signal through the TET Execution system, and all their trades will be executed automatically in realtime on your trading account, it is simple like that.
There is no need to manually execute the generated trade transactions or setup alerts such as SMS alerts, or look for any other custom stock trading signals software trades generated are live & executed automatically by TET system
The Advantages of TET Execution Model in Stock Trading Are:
Minimum Delays in Trade Execution - with Trusted Execution Token (TET) model deals are automatically executed and there is not any delay between the time signal is generated & when it is copied to the trading account of the subscribing Stocks traders.
No need to keep your platform online 24 7 - ( TET ) System automatically copies all trades on your account even if your stock trading platform is not launched.
