Signals
With so many signals providers out there on internet, traders & investors may have a hard time doing their own research to find a Signals service that's provided by traders. One of the most frequently asked question is: Where can one find the good Indices Trade Signals?
This signals guide will answer this question:
MetaQuotes Software Corporation. The company that own MT4 Indices Software has a signal service for Indices on their website (and on your MT4 software or MT5 platform, Click " CTRL+T " keyboard keys, look for a red number on your MetaTrader Platform, below your trading account balance, there it is) where you can subscribe to & copy Trading Signals trades provided by Experts on this MQL5 copy trading signal service. The good thing about this part is that using MetaTrader 4 & MT5 the trading signals are +copy--&--pastedcopy--pasted automatically once they are generated.
Look at Top rated MetaTrader 4 traders below - The trade trades are automatically copied to your trading account using MQL5.com TET Model - Trusted Execution Token, you do not even need to be logged onto your MetaTrader 4 Stock Platform or MetaTrader Software, once you subscribe to the Signals, leave the signal execution to MQL5 TET system, you'll just be login in to your MetaTrader platform software to monitor progress. The strategy for setting up your trading with Indices Signals providers is described below.
Where to Get These Signals on Your MetaTrader 4 Indices Software
How Trading Signals works:
Beginners
Beginner Traders sign up & start following Indices copy trading Signals provided by expert traders by copying and pasting their real trading signals, open Indices transactions are copied and executed automatically on your trading account through MQL5.com T.E.T., Trusted Execution Token: once the expert traders opens or closes a trade & there's no need for manual execution on your part.
Indices Signals Service Provider That Traders can Subscribe from the MQL5 Indices Trade Signal Service
Choosing Signals - Listing of Ranked Signals
Choosing The Best Stock Trade Signal From The Many Trade Signals
To chose the best signals, first go to www.mql5.com/en/signals page which has a list of all the signals providers. Get a ranking of top signal trading service providers, these are monitored accounts that provide for detailed statistics as well as trade history of the profitability of a particular trading signal service.
There are two different types of trade signals services to select from, these are:
- Top MetaTrader 4 Signals
- Top MT5 Signals
The signal you choose will depend on which of the above trading platform you are using, select a signal service provider according to the one you are using.
Once you have decided which Indices trade signal to choose from, there are 3 other parameters which you can use so as to help you decide which one is the best for you:
Percentage of Profit per Month
The percentage profit a month displays the most profitable signal among top rated ones. The higher the profit percentage is, more profitable it is.
Length in terms of weeks
This is the total number of weeks traded for indices - Indices. The longer the duration is, the better the trading strategy.
No. Of Signal Subscribers
You might want to base your trade signals choice based on the decision of other copy traders or try out a new one that has fewer subscribers but has a high profit percent.
Indices Signals Online - Rating of Signals
Graph of Signals Ranked Signals - Based on: Percent of Profit/Month, Length in Weeks and Number Following Each Strategy Method
How to Subscribe to Signals
To sub-scribe to any copy signal from any signal provider, all a trader requires is to have the required amount of credits so as to begin copying a specific signal service provider for trading indices on their MetaTrader 4 or MetaTrader 5 software. Credit is the money used. To get credits all one 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 Indices copy trading signals.
1 Credits is equivalent to $1 dollar, for Examples on the image below 20 and 35 credits are required to subscribe to the live trading signals illustrated below. Once you have this required number of credits you then can join the other copy traders sub-scribers.
MQL5 Credit Required to Subscribe to a Signal on MT4 & MT5 Indices Software
Connecting Signal Providers to Your MetaTrader 4 or MT4 Indices Software
Once you have signed up for MQL5 copy trading signals for trading instruments such as the trading instrument: all you have to do is to choose a signal provider, connect to their service & all stock trades signals generated by the experts signal providers are executed automatically in real-time on your trading account, it's as simple as that. There is no need to execute manually the signal transactions or setup alerts such as sms alert, the copy signals generated are live and executed automatically by MQL5 automated signal system.
All signals providers are screened from month to month & only the profitable ones are allowed by the system to setup subscription. Those that aren't 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 paste trading Signals:
- Sign up an MQL5 Account
- Specify Your Broker: available brokers list is provided when logged on.
- Type your Account Number on Brokers' server (Password is not required) .
After fulfilling the above 3 requirements, Indices copy traders will then login to MT4 or MT5 where they will find a list of all the signals providers & trader can then choose any from this list.
Complete this process by filling in details on the following form that will pop up.
Guide for Setting Up Real Time Signals
After entering above data, one will now set the " Enable realtime subscription " by checking (ticking) this option. This will enable real-time Indices copy signals to begin executing. One is also required to check the ' Agree to the terms of use '. These two options are pictured below.
To access to the panel window below, Navigate to " Tools", Next to ' File, View ' at the top-left corner of MT4 software or MT5 software. Click Tools >>> Click Options, the window below will popup, select " Signals " tab & tick the copy trading subscription settings shown and portrayed below.
Real Time Settings - How Do I Set Up Trading Signals
After entering above data, the signals subscription setup will be complete & the trading signals will begin to execute upon clicking the " OK " button.
MQL5 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 trading signals or Indices scalping signals.
