Advantages of MQL5 Signals to Traders over Other Energies Trading Signals Providers
This is a new kind of online signals service: based on the strategies of real Energies traders, this is the first advantage. Each provider enrolled on the MQL5 signal sections has a proven track record of profitable trades. All accounts of these signal providers are continuously monitored & tracked.
Most of the signal providers are experienced traders, therefore for those traders wanting looking for this trade signal service, this is best place, a single place where copy paste signal subscribers can get to meet others who have profitable strategies & copy their trading signals.
So, What are Advantages of These Trading Signals Service to Traders
1. Trading Signal Service Providers Are Experts Who Use Real Accounts Opened With Their Own Money
Every trading signal provider on the MQL5 community 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 shown and illustrated below: the copy and paste trading signal service provider name is "Attach to Chart", copy & paste signal service is hosted on MetaQuotes Server, The equity trading balance is $18,908.35 real money.
Live Trading Signals
Every live trading signals provider is first registered in community, upon signing up and registering they specify their real trading account, & this energies account is the basis used to create the trading signals. Once a energies signal provider opens a trade on this energies account, then this trade is automatically generated and copied to subscribers.
This is the first advantage, all trade are generated on live accounts by experts: this way as a buyer of this trade signals service you know you're getting a good deal.
2. Implemented by MetaQuotes Software Corp. Owner of MT4 & MT5 Energy Softwares
There are hundreds of web-sites out there selling this energies signals service, but to for those traders who want to subscribe to copy and paste trading signals there's really no sure way or method to determine which signal service is legitimate & as a buyer of copy and paste trading signals there is no way to know who is behind the signal service.
But in MQL5, all providers are first registered on the community which is operated by Metaquotes Energies Trading Software Platform Corp. If you don't know Metaquotes Energies Trading Software Platform Corp. It is the owner of the MT4 and MT5 trading platforms that you're energies trading with, the trading software that you downloaded from your energies trading broker, your energies broker got it from Metaquotes Energies Trading Software Platform Corp.
All energies trade signals providers Must Register and must fill a sign up form and send proof of ID and Proof of their Residence, After signup they then get a SMS confirmation of their registration. This way as the subscriber you get to know the person that you're dealing with.
In addition, when you subscribe you don't send money to the signals provider. You'll open an MQL5 Community Account, and you will then use what is known as credit to subscribe. Credit is what is used to transact within this community. To get credit you deposit money within this community. This way you will not be dealing direct with other person, you will be dealing with Metaquotes Energies Trading Software Platform Corp. And then the company will handle all the trades between you, the buyer, and the seller; all you have to do as a buyer is to obtain credit and you are set to get all the signals copied to your account without having to do anything else.
3. All 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 Trading Signals
For each one of the signals provider above there is the duration in terms of weeks that the signal provider has been trading. For this duration the profit per month as a percentage is also recorded. The top ranked 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 trading market trading signals providers must pass a 1 month testing period where they must prove that their strategy is profitable, before getting registered on this list.
This way, the whole process is transparent & as a sub-scriber you always know what trading signal you are buying & the track record of profit making is.
This is the advantage of this service over others out there: you get statistics that are tracked real time & updated weekly & their authenticity can be verified by viewing the detailed statistics and transaction history of a Energies trade signal provider where as others you just get a screen-shot of previous transactions and their authenticity may not be verifiable.
4. Affordable Price
One advantage of this service is that it's set at an affordable price, because there are many subscribers 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 community to have a large subscriber base.
This is advantage, it's affordable as compared to other daily signals that charge expensive fees ranging from $100 dollars to up to $200.
Below is example of the top ranked energies trading signal providers for MT4 and MT5 energies softwares, the price is set at $40 dollars and $35 dollars a month.
Price For The Top Ranked Trading Signals
Another advantage is that there are some signals that are free. Those traders looking for free signals or free live signals can go to Online signal service page & access the free signals as well as paid for signals.
5. Easy Setup Directly From MetaTrader Energy Softwares
Once you subscribe to a energies signal, there is no need to setup an alert system, for example there's no need to set up SMS alert or an Email alert, neither is it required to watch the market constantly 24/7.
This service can be accessed direct from the MetaTrader software. All a trader has to do is to set up and activate this directly from trading software.
The screen shot below shows where one can access the signals direct from their trading platform. This is what makes this service the best energies trading signal service for traders.
MetaTrader Energies Trading Software Toolbox - Trading Signal Setup Tab
3 steps to subscribe:
- Go to MQL5.com: Register an Account
- Specify Your Energies Trading Broker: a list of available brokers is provided when logged on your community account.
- Account Number on Brokers' server (Password isn't required) .
Advantage is that when a trader completes this simple process of this energies setup, they will automatically receive these transactions from the provider that they choose copied to their accounts. The transaction will now execute in real-time on your MT4 trading platform as soon as they are generated.
For More Details, read these two lessons:
6. TET
Trusted Execution Token or TET model is the MQL5 automated energies trading signal system. This is how the TET model works:
Once you've registered, all you've to do is to select a energies trading provider. Once you choose this, your software will then connect to this energy copy signal through the TET order execution system, and all their trades will be executed automatically in real-time on your trading account, it's as simple as that.
There's no need to manually execute generated transactions or setup alerts such as an SMS alert, or look for any other custom energies trading signals software the trades generated are live and executed automatically by TET system
The Advantages of TET Execution Model in Energy Trading Are:
Minimum Delay in Execution - with Trusted Execution Token: TET model trades are automatically executed and there is no any delay between the time the copy trading signal is generated & when it's copied to trade account of the subscribing Energies traders.
No need to keep your trading platform online 24-7 - (TET) System automatically copies all trades on your account even if your energies trading platform isn't launched.