How to Subscribe to Trading Signals
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 Trading Signals service that is provided by Gold traders. One of the most frequently asked question is: Where can a trader find the good Gold Trading Signals?
This gold trading signals tutorial will answer this question:
MetaQuotes Software Corp. The company that own MT4 Gold Trading Software has a xauusd trade signal service for Gold Trading on their website (and on your MT4 platform or MT5 platform , Click " CTRL+T " keyboard keys, look for a red number on your MetaTrader Software, below your gold trading account balance , there it is) where you can copy Gold Trading Signals trades provided by Experts on this MQL5 copy trading signal service. The good thing about this part is that using MetaTrader 4 and MT5 the gold trading signals are executed automatically once they are generated.
Look at the Top ranked MT4 gold traders below - The trade trades are automatically copied to your trading account using MQL5 TET Model - Trusted Execution Token, you do not even need to be logged into your MT4 XAUUSD Trading Software or MetaTrader Gold Trading Platform, once you subscribe to the Gold Trading Signals, leave the signal execution to MQL5 TET system, you will just be log in to your MetaTrader gold software to monitor progress. The technique for setting up your trading with Gold Trading Signals providers is described below.
Gold Signals - Where to Find These Gold Signals on Your MT4 Gold Software
How Gold Trading Signals works:
Beginner Traders
Beginner Traders sign up and begin following Gold Trading copy trading Gold Trading Signals provided by experts by copying their live xauusd trading signals, open Gold Trading transactions are copied and executed automatically on your xauusd trading account through MQL5 TET, Trusted Execution Token: once the expert Gold traders opens or closes a trade & there's no need for manual execution on your part.
Gold Trading Signals Provider That Traders can Subscribe from MQL5 Gold Trading Signal Service
Choosing Gold Signals - List of Ranked Trading Signals
Selecting XAUUSD Trading Signal From The Many Trading Signals
To chose the best xauusd signals, first of all go to www.mql5.com/en/signals page that has a list of all the gold signals providers. Find a ranking of the top gold copy signal service providers, these are monitored 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 MT4 Trading Signals
- Top MT5 Trading Signals
The gold signal you choose will depend on which of the above gold platform you are using, choose a gold signal 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 the total number of weeks traded for gold - Gold. The longer the duration, the better the strategy.
Number of Subscribers
You may want to base your Gold trade signals selection based on the 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 Gold Trading Signals Ranked Signals - Based on: Percent of Profit/Month, Length in Weeks & Number Following Each Strategy
How to Subscribe to Trading Signals
To subscribe to any gold signal from any gold signal provider, all a trader requires is to have the required amount of credit so as to begin copying a specific gold signal provider for trading gold on their MetaTrader 4 or MetaTrader 5 platform. Credits is the cash used. To get credits all a trader has to do is to register and make a payment & the payment will then be converted into credits. These credits are then used to pay for these Gold Trading copy trading signals.
1 Credit is equivalent to $1 dollar, for Examples on the image below 20 & 35 credits are required to subscribe to the live gold signals illustrated below. Once you've this required number of credit you can then join the other Gold copy traders subscribers.
MQL5 Credit Required to Subscribe to a Gold Trading Signal on MT4 & MT5 Gold Software
Connecting Signal Service Providers to Your MetaTrader 4 or MetaTrader 4 Gold Trading Platform
Once you have signed up for MQL5 copy trading signals for trading instruments such as the gold trading instrument: all you have to do is to select a gold signal provider, connect to their service & all xauusd trades trading signals generated by the experts trading signal providers are executed automatically in real-time on your xauusd trading account, it is as simple as that. There is no need to manually execute the gold signal transactions or setup alerts such as sms alert, the copy signals generated are live & executed automatically by the MQL5 automated xauusd trade signal system.
All gold signals providers are screened from month to month & only the profitable ones are allowed by the system to set-up a subscription. Those that are not profitable get filtered by the system & these do not pass the screening process and can't setup signal subscriptions within the signal services providers system.
3 things required to begin copy trading Gold Trading Signals:
- Register an MQL5 Account
- Specify Your Gold Broker: available brokers list is provided when logged in.
- Type your Gold Account Number on Brokers' server (Password is not required) .
After fulfilling the above 3 requirements, the Gold Trading copy traders will then login to MT4 or MT5 where they will find a list of all the gold signals providers & trader can then choose any from this list.
Complete this process by filling in the details on following form that will pop up.
Procedure 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 Gold Trading copy trading signals to start executing. One is also required to check the " Agree to the terms of use ". These two options are shown below.
To get to the window below, Go to " Tools", Next to " File, View " on the tops left corner of MetaTrader 4 software or MT5 software. Click Tools >>> Click Options, the window below will popup, select " Signals " tab and tick the copy trading subscription settings displayed below.
Real Time Settings - How to Set Up Trading Signals
After filling the above details, the gold trading signals subscription set up will be complete and the gold trading signals will start to execute upon clicking the " OK " button key.
MQL5 xauusd trade signals service - for more details on how one-can subscribe to copy and paste signals and where to find more data on a copy signal service provider whether you're interested in daily gold trading signals or Gold Trading scalping signals.
