MQL5 Copy Trade Signals with Automatic Trade Execution from Meta-Quotes Software Corp.
Trading Signal Copy Trading
With so many signals providers out there on the inter-net, traders and investors may have a hard time doing their own research to find a signal service that's provided by traders. One of the most frequently asked question is: Where can one find the good signals that aren't expensive?
This lesson will answer this question:
MetaQuotes Software Corporation. The company which own MT4 Software has a xauusd trade signal service on their website (and on your MT4, Click " CTRL+T " key-board keys, search for red number in your MetaTrader Software, below your account balance, there it is) where you can copy transactions provided by Experts. The good thing about this is that using MetaTrader 4 and MT5 the signals are ++copy--and--pastedcopy--pasted automatically once they're generated & they aren't expensive, costing only $20 - $30 per month.
Look at Top ranked Meta Trader 4 traders below, all real accounts, the growth curves are depicted - so you may have the question why would those who are profitable sell their signal? to answer you the top ranked signal provider as shown below has 4,539 subscribers charging $20 dollars per month that is $90,780 dollars additional profit per month. So extra profit for the gold copy signal service providers, while you copy their transactions and make profits on your account. The trade trades 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 signing in to your platform software to monitor progress. The method for setting up your trading with signal providers is described below.
Where to Get These Signals on Your Meta Trader 4 Platform
How it works:
Beginners
Beginners sign up and begin following experts by copying their live signals, trades are copied and executed automatically on your account through MQ5 T.E.T., 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 MetaTrader 4 and MetaTrader 5 platforms, others then copy & follow your strategy & you make extra profit from them as well as for yourself.
Gold Signal Service Provider That Traders can Subscribe from the MQ5 Trade Signal Service
Selecting Signals - Listing of Ranked Signals
Selecting Trade Signal From The Many Trade Signals
To choose one of the signals, first go to www.mql5.com/en/signals page that has a list of all the trading signal providers.
Get a ranking of top gold copy signal providers, these are monitored accounts which provides traders with detailed reports as well as the trade transactions history of the profitability of a particular copy signal service.
There are two different types of trade signals services to choose from, these are:
- Top Meta Trader 4 Signals
- Top Meta Trader 5 Signals
The one you select shall depend on which of the above software platform you're using, choose a signal provider according to the one you're using.
Once you've decided which copy signal to choose from, there are three other parameters you can use to help you decide which one is the best for you:
Percentage of Profit/Month
The % profit per month highlights the most profitable signal among top ranked ones. The higher the profit percentage the more profitable.
Length in terms of weeks
This is total number of trading weeks. The longer the duration, the better the strategy.
No. of Subscribers
You might want to base your trade signals selection based on the decision of other traders or try a new one that has fewer number of subscribers but has a high profit percentage.
Gold Signals Online - Rating of Signals - Copy Signals Online - Signal Copy Trading
Graph of Ranked Signals - Based on: Percentage of Profit/Month, Length in Weeks & Number Following Each Strategy
How to Subscribe to Trading Signals
To subscribe to any copy signal from any signal provider, all one requires is to have the required number of credits so as to start copying a specific trading signal provider. Credits is what is used. To get credits all one has to do is to register and 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 & 35 credits are required to subscribe to the live signals shown below. Once you obtain the required number of credits you can then join the others.
Credits Required to Subscribe to a Trading Signal
Connecting Signal Providers to Your Trading Platform
Once you've signed up, all you've to do is to choose a signal provider, connect to their signal service & all trade transactions generated by expert traders are executed automatically in realtime on your trading account, it is as simple as that. There's no need to manually execute trade transactions or to manually set signal alerts, the deals generated are live and executed automatically in realtime by the MQL5 automated trade signal system.
All signals providers are screened month to month and only those profitable ones are allowed by system to set up a subscription. Those that aren't profitable get to be filtered by system & these don't pass the screening process & can't set up sub-scriptions within the system.
Three 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 isn't required) .
The table below shows an example with the details of number of trades, number of pips profit, the number of those copying, account balance & profit graph.
Listing of Available Selections of Signals Providers From "Toolbox" After fulfilling these above Three requirements, they will then login to Meta Trader 4 where they'll find a list of all the signals providers as illustrated above. One can then choose any from this list. Complete this process by filling in the details on following form which will pop-up. Procedure for Setting Up Real Time Trading Signals After entering in above particulars, 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 the " Agree to the terms of use ". These two options are shown below. To get to the window panel below, Go to " Tools", Next to " File, View " on the tops left corner of MT4 Platform. Click Tools >>> Click Options, the panel below will pop up, choose " Signals " tab & check the settings displayed below. Real Time Settings - How to Set Up These Trading Market Signals After entering in above particulars, the set up will be complete and the signals will begin to execute upon clicking " OK " button. For more details on how to subscribe to signals and where to find more info on a signal provider whether you are interested in daily trade signals or Gold scalping signals, read this two guides: High Security Parameters - Providers work in test mode for a month & only the ones which pass this test are allowed to set up subscriptions. A trader can also choose from those who have many weeks profitable track record. No need for keeping your trading software online 24 7 - Trusted Execution Token (T.E.T.) trading signals software system automatically copies all trade transactions even if your trading software isn't launched. Easy Signal Subscription - Select 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 the MetaTrader 4 & MetaTrader 5, because they can access this service directly from MT4 Platform. Minimum Delays in Execution of Copy Trade Signal - with Trusted Execution Token (TET) execution model trading deals are automatically executed and there no delays in execution. Free xauusd copy signals as well as paid trading signals - for those looking for free trading signals or free real trading signals, some signals are provided free of charge & are available for traders to subscribe. To know which signal is free signal - these are the ones marked "FREE". If you are an expert who is profitable, register in the MQ5L.com web site and become a seller of signals & access a big market of potential subscribers after you pass 1 month test trial for profitability. For guidelines on how to become a seller, Study guide-lines on Articles/591 Why Choose MQ5 Trade Signals Service
How to Become a XAUUSD Service Provider