Advantages of MQL5 Signals to Traders over Other Metals Trading Signals Providers
This is a new kind of online metals signals service: based on the strategies of real Metals traders, this is the first advantage. Each provider enrolled on the MQL5 metals trading signal sections has a proven track record of profitable trades. All trading accounts of these metals trading signal providers are continuously monitored & tracked.
Most of the metals signal providers are experienced traders, therefore for those wanting and looking for this copy trading signal service, this is the best place: a single place where copy trading subscribers can meet other signal providers who have profitable trading strategies & copy them.
So, What are the Advantages of These Metals Signals Service to Traders
1. Trading Signals Service Providers Are Experts Who Use Real Accounts Opened With Their Own Money
Every metal copy trading signal provider on the MQL5 community is an expert using their own real trading account opened with their own hard earned money to provide the copy trading signals. Take a look at the screen-shot below: the signal provider name is '101010', the copy signal service is hosted on the MetaQuotes Server, The trading equity balance is $18,908.35 real money.
Live Trading Signals
Every live metal trading signals service provider is first registered in the community, upon registering they specify their real trading account, & this metal trading account is basis used to create the trading signals. Once a metals trading signal provider opens a trade on this metal trading account, then this trade is automatically generated and copied to sub-scribers.
This is the first advantage, all trade are generated on live trading accounts by experts: this way as a buyer of this signals service you know you are getting a good deal.
2. Regulated by MetaQuotes Software Corp. The Owner of MetaTrader 4 and MetaTrader 5
There are hundreds of sites out there selling this metals signals service, but for those who want to subscribe there's is really no sure method of determining which one is legitimate & as a signal buyer there is no way for you to know who is behind signal service.
But in MQL5, all providers are first signed up on the forum which is operated by Metaquotes Metals Trading Platform Software Corp. If you don't know Metaquotes Metals Trading Platform Software Corp. It is the owner of the MT4 & MT5 metal trading softwares which you're trading metals with, the platform that you downloaded from your metal trading broker, your metals broker got it from Metaquotes Metals Trading Platform Software Corp.
All metals trading signals providers Must Register and must fill a sign up form and send proof of ID and Proof of their Residence, After registration they then get a SMS confirmation of their registration signup. This way as the subscriber you get to know the person that you're dealing with.
In addition, when you subscribe you do not send money to the metals signals provider. You will open an MQL5 Community Account, and you will then use what is referred to as credit to subscribe. Credit is what's used to transact within this forum. To obtain credits you deposit money within this community. This way you'll not be dealing directly with other person, you'll be dealing with Metaquotes Metals Trading Platform Software Corp. And then the company will handle all the trade transactions between you, the buyer, and the seller: all you have to do as a buyer is to get credit and you are set to get all the metals signals copied to your trading account without having to do anything else.
3. All Metal 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 metals signals provider above there is the duration in weeks that the provider has been trading. For this duration the profit a month as a percent is also recorded. Top ranked metal signals above have the following track records:
- Duration - 7 weeks to 117 weeks
- Profit Per Month - 199% to 1,557%
In addition all the metal market trading signals providers must pass a One month testing period where they must prove that their strategy is profitable, before getting signed up on this list.
This way, the whole process is transparent and as a subscriber you always know what signal you're buying & the track record of profit making is.
This is advantage of this service over others out there: you get statistics that are tracked realtime and updated weekly and their authenticity can be verified by viewing the detailed statistics and transaction history of a Metals trade signal provider where as others you just get a screen shot of previous transactions and their authenticity may not be verifiable.
4. Affordable Metals Price
One advantage of this service is that it is set at an affordable metals price, because there are many copy trading signal service subscribers therefore the it is charged at an affordable fee. Any trader who is trading with MetaTrader software can subscribe directly from their platform: this is what makes the MQL5 forum to have a large subscriber base.
This is advantage, it is affordable as compared to other daily metals trading signals that charge expensive fees ranging from $100 dollars to up to $200 dollars.
Below is an example of the tops ranked metals signal providers for MetaTrader 4 & MT5 metal trading platforms, metals price is set at $40 & $35 a month.
Metals Price For The Top Ranked Trading Signals
Another advantage is that there are some metals signals that are free. Those traders looking for free metals trading signals or free live metals trading signals can go to the Online metals signal service page & access the free metals trading signals as well as paid for signals.
5. Easy Setup Direct from MetaTrader Metal Softwares
Once you subscribe to a metals signal, there is no need to setup an alert system, for example there is no need to setup SMS alert or an Email alert, neither is it required to watch the metal market constantly 24/7.
This service can be accessed directly from the MetaTrader software. All a trader has to do is to set up and activate this directly from platform.
The screen-shot below shows where a trader can access the Metals signals directly from their trading software. This is what makes this service the best metals signal service for traders.
MetaTrader Metals Platform Toolbox - Metals Trading Signal Setup Tab
3 steps to subscribe:
- Go to MQL5.com: Register an Account
- Specify Your Metals Trading Broker: a list of available brokers is provided when logged on your forum account.
- Account Number on Brokers' server (Password is not required) .
Advantage is that when one completes this simple process of this metals trading setup, they will automatically receive these trades from the provider that they choose copied to their accounts. The trade will now execute in real-time on your MT4 metal platform as soon as they are generated.
For More Details, read these 2 guides:
6. TET - Trusted Execution Token Model in Metal Trading
Trusted Execution Token or TET execution model is MQL5 automated metals signal system. This is how the TET execution model works:
Once you have registered, all you have to do is to select a metals trading provider. Once you select this, your trading platform will then connect to this metal trading signal through the TET system, & all their trades will be executed automatically in real time on your account, it is simple like that.
There is no need to manually execute generated trades or setup alerts such as SMS alerts, or look for any other custom metals trading signals software trade transactions generated are live and executed automatically by TET system
The Advantages of TET Model Are:
Minimum Delays in Execution - with Trusted Execution Token/TET model deals are automatically executed and there is no any delay between the time the signal is generated & when it is copied to the trading account of the subscribing Metals traders.
No need to keep your trading platform online 24-7 - (TET) System automatically copies all trades on your account even if your metals software is not launched.
