MQL5 Commodity Trade Signals with Automatic Commodities Execution from Meta Quotes Software Corp.
Copy Commodity Trading Signals Online
With so many commodities trading signals providers out there on internet, traders & investors might have a hard time doing their own research to find a signal service that is provided by traders. One of the most frequently asked question is: Where can a trader find the good commodities signals that are not expensive?
This guide will answer this question:
MetaQuotes Software Corp. Company that owns MetaTrader 4 Commodity Trading Platform has a commodities trading signal service on their website (and on your MetaTrader 4, 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. Good thing about this part is that using Meta Trader 4 & Meta Trader 5 the signals are executed automatically once they are generated and they aren't expensive, costing only $20 to $30 a month.
Look at the Top ranked MetaTrader 4 traders below, all live accounts, the growth curves are illustrated - so you might have the question why would those who are profitable sell their signal? to answer you the top ranked commodities trading signal provider as displayed below has 4,539 subscribers charging $20 dollars per month that's $90,780 dollars extra profit a 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 Trading Signals, you will just be login in to your commodities platform to monitor progress. Technique for setting up your trading with signal providers is described below.
Where to Find These Trading Signals on Your MetaTrader 4 Commodity Trading Platform
How it works:
New Traders
New Traders register & start following experts by copying their live signals, trades are copied & 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 signals service through MT4 & Meta Trader 5 commodities platforms, others then copy and follow your commodity strategy and you make extra profit from them as well as for yourself.
Commodity Trading Signal Provider That Traders can Subscribe from MQL5 Commodity Trade Signal Service
Choosing Trading Signals - List of Ranked Trade Signals
Choosing The Best Commodities Trading Signal From The Many Trade Signals
To chose one of the trading signals, first of all go to the www.mql5.com/en/signals page which has a list of all the signals providers.
Find a ranking of the top signal providers, these are monitored accounts that provides traders with detailed statistics as well as trade transaction history of the profitability of a particular copy trading signal service.
There are 2 different types of Commodities trade signals services to choose from, these are:
- Top MT4 Signals
- Top MT5 Signals
The one you choose 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 Commodities trade signal to choose from, there are Three other parameters that you can use to help you decide which one is best for you:
% of Profit/Month
The percent profit a month portrays the most profitable signal among the top ranked ones. The higher the profit percent the more profitable.
Length in weeks
This is the total number of weeks traded. Longer the duration, the better the strategy.
Number of Subscribers
You might want to base your Commodities 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.
Commodity Signals - Review of Commodities Signals - Copy Trade Signals Online Guide - Commodity Trading Signal Copy Trading
Chart Graph of Ranked Signals - Based on: % of Profit per Month, Length of Trading in Weeks & Number Following Each Signal Strategy
How to Subscribe to Trading Signals
To subscribe to any trading signal from any commodities signal provider, all a trader requires is to have the required amount of credit so as to begin copying a particular commodities signal provider. Credits is what's used. To get credits all a trader has got to do is to register & make a payment and the payment will then be converted into credits. These credits are then used to pay.
1 Credit is equal to $1 dollar, For Example on the screen-shot below 20 and 35 credits are required to subscribe to the live signals described below. Once you have this required amount of credits you can then join the others.
Credit Required To Subscribe to a Trading Signal
Connecting Signal Providers to Your Commodities Platform
Once you have signed up, all you've to do is to choose a signal provider, connect to their service & all trades generated by the experts are executed automatically in real time on your account, it is as simple as that. There is no need to manually execute trades or to manually setup trade alerts, the deals generated are live and executed automatically in real time by the MQL5 automated commodities signal system.
All trading signals providers are screened from month to month and only the profitable ones are allowed by the system to setup subscription. Those which are not profitable are filtered by the system and these don't pass the screening & cannot setup sub-scriptions within the system.
3 things required to start:
- Sign up an MQL5 Account
- Specify Your Broker: the available online trading brokers list is provided when logged on.
- Account Number on Brokers' server (Password is not required) .
The table below illustrates example with the particulars of number of trade transactions, the number of pips profit, number of those copying, the account balance and profit graph.
List of Available Choices of Commodities Copy Trading Signals Providers From "Tool Box"
After fulfilling the above Three requirements, they will then sign in to MetaTrader 4 where they will find a list of all the providers as illustrated above. One can then choose any from the list.
Complete this process by filling in details on the following form that will pop up.
Method for Setting Up Real Time Trading Signals
After entering the above details, one will now set the ' Enable real time subscription ' by checking(ticking) this option. This will enable real time trading to begin executing. One is also required to check " Agree to the terms of use ". These 2 options are described below.
To get to the window below, Go to ' Tools', Next to " File, View " on the left top corner of MT4 Trading Software. Click Tools >>> Click Options, the window below will pop-up, select ' Signals ' tab and check the settings shown and illustrated below.
Real Time Settings - How to Set Up These Commodities Trade Market Signals
After entering above details, set-up will be complete & the signals will begin to execute upon clicking ' OK ' button key.
For more details on how a trader can subscribe to copy signals & where to find more information on a copy trading signal service provider whether you are interested in daily commodities signals or Commodity Trading scalping signals, read this 2 tutorials:
Why Choose MQL5 Trading Signals Service
High Security Parameters - Providers work in test mode for a month & only the ones that pass this test are allowed to set-up subscription. One can also choose from those who have many weeks profitable track record.
No need to keep your commodities trading platform online 24 7 - Trusted Execution Token Model or TET signals software system automatically copies all trades even if your trading platform is not launched.
Easy Commodity Trade 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 sub-scribers that use the MT4 and MT5, because they can access this service direct from MetaTrader 4 Trading Software.
Minimum Delay in Trade Execution of Copy Trading Signal - with Trusted Execution Token Model or TET execution model deals are automatically executed and there is no delays in execution.
Free trading signals as well as paid trading signals - For those looking for free signals or free live trading signals, some signals are provided free of charge & are available for traders to subscribe. To know which signal is free trading signal - these are the ones marked 'FREE'.
How to Become a Commodity Trade Signal Service Provider
If you are an expert who is profitable, register in MQL5.com website and become a seller of signals & access a large market of potential subscribers once you pass the 1 month trial test for profitability.
For instructions on how to become a seller, Read instructions on Articles/591
What is a Trading Plan? - Writing a Trading Plan Example
Alternatives: EA Automated Robots or Copier Trading Signals
