MT4 Trading Signal
With so many gold trading signals providers out there on the inter-net, gold traders & investors might have a hard time doing their own research to find a gold signal service that is provided by traders. One of the most oftenly asked question is: Where can a trader find the good gold trading signals that aren't expensive?
This course will answer this question:
MetaQuotes Software Corp. Company that own MT4 Gold Trading Software has a xauusd trading signal service on their website (and on your MT4 , Click ' CTRL+T ' keyboard 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. The good thing about this part is that using MT4 and MT5 the gold trading signals are executed automatically once they are generated & they are not expensive, costing only $20 to $30 dollars per month.
Look at the Top ranked MT4 gold traders below, all real 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 gold 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 gold copy signal providers, while you copy their transactions & make profits on your trading account. Trades are automatically copied to your trading account using MQL5 TET System - Trusted Execution Token, you don't even need to be signed in to your MT4, once you subscribe, leave the execution to TET system, you will just be log in to your gold software to monitor progress. Technique for setting up your trading with gold signal providers is described below.
Where to Find These Gold Signals on Your MetaTrader 4 Gold Software
How it works:
Beginner Traders
Beginner Traders sign up & start following experts by copying their live xauusd trading signals, trade transactions are copied & executed automatically on your trading account through MQL5 TET, Trusted Execution Token: once the expert opens or closes a trade & there is no need for manual execution on your part.
Experts
Experts sign up and setup their live gold signals service through MT4 and MT5 platforms, others then copy and follow your gold strategy and you make extra profit from them as well as for yourself.
Gold Trading Signals Provider That Traders can Subscribe from MQL5 Gold Trading Signal Service
Choosing Gold Signals - List of Ranked Signals
Selecting Gold Trading Signal From The Many Trading Signals
To select one of the xauusd signals, first of all navigate to www.mql5.com/en/signals page that has a list of all the xauusd trading signal service providers.
Find a ranking of the top gold copy signal providers, these are monitored trading accounts that provides traders with detailed statistics as well as the trades transaction history of the profitability of a particular copy signal service.
There are two different types of Gold trade signals services to select from, these are:
- Top MetaTrader 4 Signals
- Top MT5 Signals
The one you choose will depend on which of the above gold trading platform you are using, choose a provider according to the one you are using.
Once you have decided on which Gold trade signal to choose from, there are 3 other parameters that you can use to help you decide which one is the best for you:
Percentage of Profit/Month
The percent profit a month shows the most profitable gold signal among the top ranked ones. The higher the profit percent the more profitable.
Length in weeks
This is total number of weeks traded. Longer the duration, the better the strategy.
Number of Subscribers
You may want to base your Gold trade signals selection based on decision of others or try out a new one that has fewer subscribers but has a high profit percent.
Gold Trading Signals Online - Review of Trading Signals
Graph of Ranked Trading Signals - Based on: Percent of Profit/Month, Length in Weeks and Number Following Each Strategy
How to Subscribe to Trading Signals
To subscribe to any signal from any gold signal provider, all a trader requires is to have the required number of credit so as to start copying a specific gold signal provider. Credits is what's used. To get credit all a trader has 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 equivalent to $1 dollar, for Examples on the image below 20 and 35 credits are required to subscribe to the live gold trading signals illustrated below. Once you have this required amount of credits you can then join the others.
Credits Required to Subscribe to a Trading Signal
Connecting Gold Trading Signal Providers to Your XAUUSD Trading Platform
Once you have signed up, all you've to do is to select a gold trading signal provider, connect to their service & all trades generated by the experts are executed automatically in real time on your trading 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 xauusd trading signal system.
All signals providers are screened from month to month & only the profitable copy signals are allowed by the system to setup a subscription service. Those that are not profitable are filtered by the system and these don't pass the screening & can not set up subscriptions within the system.
3 things required to start:
- Register an MQL5 Account
- Specify Your Broker: the available brokers list is provided when logged in.
- Account Number on Brokers' server (Password is not required) .
Table below shows example with details of number of trade transactions, number of pips profit, number of those copying, the account balance and profit graph.
List of Available Choices of Gold Trading Signals Providers From the 'Toolbox'
After fulfilling the above 3 requirements, the they will then sign in to MetaTrader 4 where they will find a list of all the providers as shown above. One can then select any from this list.
Complete this process by filling in details on following form which will appear.
Procedure for Setting Up Real Time Trading Signals
After filling above details, one will now set ' Enable real time subscription ' by checking(ticking) this option. This will enable real-time trading to begin executing. A trader is also required to check " Agree to terms of use ". These two options are shown below.
To get to the window below, Go to ' Tools', Next to " File, View " at the top left corner of MT4 Platform. Click on Tools >>> Click on Options, the panel below will pop-up, choose ' Signals ' tab & tick the setting shown below.
Real-Time Settings - How to Setup These Gold Trading Market Signals
After filling the above details, the setup will be complete & the signals will start to execute upon clicking ' OK ' button key.
For more details on how to subscribe to signals & where to find more information on a signal provider whether you are interested in daily gold trading signals or Gold scalping trading signals, read this 2 tutorials:
Why Choose MQL5 Gold Trading Signals Service
High Security Parameters - Providers work in test mode for a month and only the ones which pass this test are allowed to set-up subscriptions. One can also select from those that have many weeks profitable track record.
No need to keep your gold trading platform online 24-7 - Trusted Execution Token (TET) signals software system automatically copies all trades even if your trading platform is not launched.
Easy Gold Trading Signal Subscription - Choose from the many providers at a fixed monthly fee. All trade transactions are executed automatically.
Experts can gain access to a big market of potential subscribers that use MetaTrader 4 & MT5, because they can access this service directly from their MT4 Platform.
Minimum Delay in Execution of Copy Signal - with Trusted Execution Token (TET) execution model deals are automatically executed & there's no delay in execution.
Free xauusd trading signals as well as paid signals - for those looking for free gold signals or free live xauusd trading signals, some gold trading signals are provided free of charge & are available for traders to subscribe. To know which trading signal is free gold signal - these are the ones marked 'FREE'.
How to Become a XAUUSD Service Provider
If you are an expert who is profitable, sign up in the MQL5.com web site & become a seller of signals & access a large market of potential trading signal subscribers once you pass the 1 month profitability trial testing.
For instructions on how to become a seller, Read instructions on Articles/591
