Trade Stock Indices

Why Traders Prefer MQL5 Signals Over Other Services

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

Stock Signal Providers Use Real Indices Accounts They Fund Themselves as Pros

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: 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.

Why MQ5 Signals Stand Out: The Benefits of MQ5 Trading 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 the first advantage: all transactions are created by professionals using real accounts. This ensures that as a customer of this trade signals service, you are receiving a fair price.

2. Built by MetaQuotes Software Corp., Makers of MT4 and MT5 Stock Platforms

Numerous websites offer trade signal services, but determining legitimacy remains challenging. Often, there is little transparency regarding the entities 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 providers must register. They fill a form and send ID proof plus residency proof. After sign-up, they get an SMS confirmation. As a subscriber, you learn who you deal 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 Tested with Proven Profit Records

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

Each signal provider lists weeks in business. It also shows monthly profit percent. Top ones have these 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 trade signal service beats others with real-time stats updated weekly. Verify them through full history and stats from the provider. Other services offer just screenshots of past trades. Their truth is hard to check.

4. Affordable Price

A key benefit of this trading signal service is its accessible pricing structure: since many subscribers utilize the copy trade signal feature, the service fee is kept reasonable. Any trader operating on the MetaTrader platform can subscribe directly through it, which contributes to the MQL5 community forum maintaining a substantial 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 Subscriptions on MT4 and MT5 Platforms - What Exactly Are MQL5 Copy Signals?

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

As a stock index trader, subscribing to trade signals skips alert setups. You won't need SMS or email alerts. No constant 24/7 market watching either.

You can access this service straight from the MetaTrader platform. All you need to do is set it up and activate it right in your 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.

Set up signals for indexes easily. Do it on MT4 or MT5 in a few clicks.

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 Further Information, refer to these 2 articles:

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Articles/618

Trusted Execution Token Basics: Stock Index Trading Guide

The Trusted Execution Token or TET setup is an automatic stock signal system for MQL5, and here is how the TET Model functions:

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.

No need to handle trade setups by hand or set alerts like texts. Or hunt for custom signal tools. TET model runs trades live and auto-executes them.

The Advantages of TET Execution Model in Stock Index Are:

The Trusted Execution Token (TET) model minimizes trade order execution delay. Using this mechanism, trades are executed instantly as soon as a signal is generated, ensuring that it is promptly applied to the subscribing trader's account.

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.

Extra Lessons, Tutorials, and Topics Here:

Stock Index Broker