MQL5 Signals with Automatic Execution from MetaQuotes Software Corp.
Copy Trading Signals Online
With so many signals providers out there on the inter-net, traders and traders might have a hard time doing their own research to find a signal service that is provided by traders. One of the most oftenly asked question is: Where can a trader find the good signals that are not expensive?
This course will answer this question:
MetaQuotes Software Corp. Company that owns Meta Trader 4 Software has a stock signal service on their site (and on your Meta Trader 4, Click ' CTRL+T ' key board keys, look for a red number on your MetaTrader Software, below your trading account balance, there it is) where you can copy transactions provided by Experts. Good thing about this part is that using MetaTrader 4 and Meta Trader 5 the signals are executed automatically once they are generated & they aren't expensive, costing only $20 to $30 a month.
Look at the Top ranked Meta Trader 4 traders below, all real accounts, the growth curves are illustrated - so you might have the question why would those who are profitable sell their trading signal? to answer you the top ranked signal provider as displayed below has 4,539 subscribers charging $20 a month that's $90,780 extra profit per month. So extra profit for the signal providers, while you copy their transactions and make profits on your account. The 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 Signals, you will just be login in to your software to monitor progress. Method for setting up your trading with signal providers is described below.
Where to Find These Signals on Your Meta Trader 4 Software
How it works:
New Traders
New Traders sign-up 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 sign-up and setup their live signals service through Meta Trader 4 & Meta Trader 5 platforms, others then copy and follow your strategy and you make extra profit from them as well as for yourself.
Stocks Signal Provider That Traders can Subscribe from the MQL5 Signal Service
Choosing Signals - List of Ranked Trade Signals
Choosing The Best Signal From The Many Trading Signals
To chose one of the signals, first of all go to the www.mql5.com/en/signals page that has a list of all the signals 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 2 different types of trade signals services to select from, these are:
- Top MetaTrader 4 Signals
- Top MT5 Signals
The one you select will depend on which of the above platform you are using, select a provider according to the one you are using.
Once you have decided on which trade signal to select from, there are 3 other parameters which you can use to help decide which is the best for you:
Percent of Profit per Month
The percent 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 trade signals selection based on the decision of other copy traders or try a new one that has fewe number of subscribers but has a high profit percent.
Stocks Signals Online - Review of Signals - Copy Trading Signals Online - Signal Copy Trading
Graph of Ranked Signals - Based on: Percentage of Profit/Month, Length in Weeks and Number Following Each Strategy
How to Subscribe to Signals
To subscribe to any signal from any signal provider, all one requires is to have the needed amount of credits so as to start copying a particular stock signal provider. Credits is what is used. To get credit all one 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 and 35 credits are required to subscribe to the live signals shown 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 Software
Once you have registered, all you have to do is to select a 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 trading signals providers are screened from month to month and only the profitable ones are allowed by the system to set-up a sub-scription. Those which are not profitable are filtered by the system and these do not pass the screening & cannot set up sub-scriptions 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 on.
- Account Number on Brokers' server (Password is not required) .
Table below shows example with information of number of transactions, number of pips profit, number of those copying, trading account balance and profit graph.
List of Available Choices of Signals Providers From 'Toolbox'
After fulfilling the above Three requirements, the they will then login to Meta Trader 4 where they will find a list of all the providers as shown above. One can then choose any from this list.
Complete this process by filling in the details on the following form which will pop up.
Method for Setting Up Real-Time Signals
After entering the above details, one will now set the ' Enable realtime subscription ' by checking(ticking) this option. This will enable real-time trading to start executing. One is also required to check the " Agree to the terms of use ". These 2 options are symbolized below.
To get to the panel below, Navigate to ' Tools', Next to " File, View " at tops left corner of the MT4 Software. Click on Tools >>> Click on Options, the window below will pop-up, choose ' Signals ' tab and tick the settings shown below.
Real-Time Settings - How to Setup These Market Signals
After typing in above details, the setup will be complete & the signals will start to execute upon clicking the ' OK ' button.
For more details on how one can subscribe to copy signals and where to find more data on a copy signal service provider whether you are interested in daily signals or Stocks scalping signals, read this two 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 subscriptions. One can also select from those who 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 Signal Subscription - Select from the many providers at a fixed monthly fee. All trades are executed automatically.
Experts can gain access to a large market of potential subscribers that use the MetaTrader 4 and MetaTrader 5, because they can access this service direct from the MetaTrader 4 Software.
Minimum Delays in Trades Execution of Copy Signal - with Trusted Execution Token (TET) execution model deals are automatically executed and there is no delays in execution.
Free signals as well as paid signals - For those looking for free signals or free live signals, some signals are provided free of charge and are available for traders to subscribe. To know which signal is free trading signal - these are the ones marked 'FREE'.
How to Become a Trade Signal Service Provider
If you are an expert who is profitable, register in the MQL5.com web-site and become a seller of signals & access a large market of potential subscribers once you pass 1 month trial test for profitability.
For instructions on how to become a seller, Read instructions on Articles/591