Trade Stock Indices

Advantages of MQL5 Trading Signals to Traders over Other Trading Signal Service Providers

This is a new kind of online trade signals service: based on the strategies of real Stock Index traders, this is the first benefit. Each provider enrolled on the MQL5 stock signal sections has got a proven track record of profitable trade transactions. All accounts of these signal service providers are continually monitored & tracked.

Most signal providers are skilled traders. For those seeking signals, this spot works well. Subscribers can copy trades here and link with folks who win often.

So, What are the Benefits/Advantages of These Trading Signals Service to Traders

1. Stock Signal Providers Are Experienced Traders That Use Live Indices Accounts Which They Opened with Their Own Money

Every signal service provider on the MQ5 community forum is an expert using their own real account opened with their hard earned money to provide the trade signals. Take a look at the screen shot illustrated & shown below: the copy paste signal provider name is "Attach to the Chart", the copy & paste signal service is hosted on the Meta Quotes Server, The equity balance is $18,908.35 dollars real money.

Advantages of MQ5 Signals to Traders Over Other Signals - Trading Signals Provider - Signals

Live Signals

Every live index copy trading signals provider is first registered in the forum, upon registering and signing up they specify their real trading account, and this account is basis used to create the signals. Once a signal service provider opens a trade on this trading account, then this trade is automatically generated and copied to sub-scribers.

This is first benefit, all transaction are generated on real 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 Stock Softwares

There are hundreds of websites selling trade signal services out there. If you're thinking about signing up for copy-paste signals, here's the thing: there's no foolproof way to know which ones are legit. You have no idea who's really behind these services.

But in MQ5, all providers have to sign up first on the community forum run by MetaQuotes Software Corporation. If you don't know MetaQuotes Software Corporation, it's the company that owns the MT4 and MT5 software you use for trading, the platform you downloaded from your trading broker, which your broker got from MetaQuotes Software Corporation.

All indices signals service providers Must Register and must fill in a registration form & send proof of Identity & Proof of their Residency, After signup they then receive a SMS Text confirmation of their registration signup. This way as the subscriber you get to know the person that you are dealing with.

Additionally, when you subscribe you don't send money to the signals service provider. You'll open an MQL5 Forum Trading Account, and you will then use what is known & referred to as credit points to subscribe. Credits is what is used to transact within this community. To get credits you deposit money within this community forum. This way you'll not be dealing direct with the other person, you'll be dealing with MetaQuotes Software Corporation. And the company will then handle all trades between you, the buyer, & the seller: all you have to do as a buyer is to get credit points and you are setup to get all indices signals copied to your account without having to do anything else.

3. All Stock Signal Services are Tested & Have a Track Record of Profit Making

The screenshot below illustrates a summary of the highest-rated stock signals.

Advantages of MQL5 Signals to Traders Over Other Signals

Real Time Updated Live Signals

For each one of the signals service provider above there's duration in weeks that the provider has been trading. For this duration the profit per month as a percentage is also recorded. The top ranked signals above have the following track records:

  • Duration - 7 weeks to 117 weeks
  • Profit Per Month - 199 % to 1,557 %

Every trading signals provider has to go through a one-month test to prove their strategy works before they get listed here.

Because of this, the entire process is open, and as a signal subscriber, you always understand what signal you're purchasing and its history of profit.

This is the advantage of this trade signal service over others signals out there: you get statistics that are tracked in real time & updated weekly & their authenticity is verifiable by viewing full thorough statistics and trade history of a signal service provider where as the others you just get a screenshot of the previous trades & their authenticity might not be verifiable.

4. Affordable Price

One advantage of this trading signal service is that it's set at an affordable trading price, because there are many copy trade signal subscribers henceforth the signal service it's charged at an affordable fee. Anyone who is trading with MetaTrader trading platform can subscribe directly from their platform: this is what makes the MQL5 community forum to have a large client base.

This is advantage, it is affordable as in-comparison to other daily signals that charge expensive fees ranging from $100 to upto $200 dollars.

Below is an example of top-rated stock signal services for MT4 and MT5. Each costs $40 or $35 per month.

Signal Services on the MT4 and MetaTrader 5 Platform Softwares - What are MQL5 Copy Signal?

Index Price for The Top Rated Signals

Another advantage is that there are some signals that are free. Traders looking and searching for free trading signals or free live signals can navigate to Online signal service page and access the free signals & also the paid fors.

5. Easy Setup Direct from MetaTrader Platforms

Once you as a stock index trader subscribe to a trade signal, there's no need to setup an alert system, for example there's no need to setup SMS alert or an Email alert, neither is it required to watch the trading market constantly 24-7.

This service can be accessed direct from MetaTrader platform. All one has got to do is to setup & activate this directly from their trading software.

The screen shot below highlights where one can access the trade signals direct from their software. This is what makes this trade service the best signal copy trading service for traders.

Easy Signal Setup Directly from MT4 and MetaTrader 5 Platform Softwares - Indices Signals Provider

MetaTrader Software Toolbox - Indices Signal Setup Tab

Three steps to subscribe:

  1. Go to MQL5.com: Register an Trading Account
  2. Specify Your Broker: a list of available online brokers is provided when logged in your forum forum account.
  3. Account Number on Brokers' server (Password is not required) .

The benefit comes when a stock indices trader finishes this easy setup. They get trades from their chosen provider copied straight to their account. These execute in real time on the MetaTrader 4 platform as they appear.

For More Details, read these 2 articles:

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6. TET - Trusted Execution Token System in Stock Index Trading

Trusted Execution Token or TET system is MQL5 automated stock signal system. This is how the TET Model works:

After completing the registration successfully, the next step is to choose a trading signal provider. Once a provider is selected, your trading software will connect to the chosen index copy signal via the T. E. T. Order execution system, allowing for the automatic execution of all trades initiated by the provider in real time within your account. This process is quite simple.

There is no need to manually execute generated trade positions or set-up alerts such as an SMS alert, or look for any other custom signals software trade positions generated are live & executed automatically by TET model

The Advantages of TET Execution Model in Stock Index Are:

Minimum Delay in Trade Order Execution - with Trusted Execution Token - TET model trade deals are automatically executed and there is not any delay between the time signal is generated and when it is copied to account of the subscribing traders.

It's not essential to keep your platform running every minute of the day - the (TET) System copies all your trades without you needing to have your platform up and running.

More Lessons and Tutorials and Topics:

Stock Index Broker