Advantages of MQL5 Trading Signals to Traders over Other Signals Providers

This is a new kind of online signals service: based on the strategies of live Stock traders, this is the first advantage. Each provider enrolled on the MQL5 stock index signal sections has a proven track record of profitable trades. All accounts of these signal providers are continuously monitored & tracked.

Most of the signal providers are experienced traders, therefore for those looking for this service, this is the best place: a single place where signal subscribers can meet other traders who have profitable strategies & copy them.

So, What are Advantages of These Indices Signals Service to Traders

1. Stock Indices Signal Providers Are Experts Who Use Real Trading Accounts That They Opened with Their Own Money

Every stock index signal provider on the MQL5 community is an expert using their own real account opened with their hard earned money to provide the signals. Take a glance at the screen-shot that's shown below: the copy signal name is '101010', the copy trading service is hosted on the Meta-Quotes Server, The equity trading balance is $18,908.35 real money.

Live Stock Indices Signals

Every live signals provider is first registered in the community, upon signing up and registering they specify their real trading account, & this account is the basis used to create the signals. Once a signal provider opens a trade on this account, then this trade is automatically generated & copied to subscribers.

This is first advantage, all transaction are generated on real accounts by experts: this way as a buyer of this signals service you know you are getting a good deal.

2. Owned by MetaQuotes Software Corp. Owner of MT4 & MT5 Indices Softwares

There are hundreds of web-sites out there selling this stock indices copy trading signals service, but to for those traders who want to subscribe there's is really no sure way of determining which one is legit and as a signal buyer there's no way to know who is behind the signal service.

But in MQL5, all providers are first registered on the forum which is operated by Metaquotes Software Corp. If you do not know Metaquotes Software Corp. It's the owner of the MT4 & MT5 platforms that you're stock indices trading with, the software that you downloaded from your trading broker, your broker got it from MetaQuotes Software Corp.

All trading signals providers Must Register & must fill a sign up form and send proof of ID & Proof of their Residence, After registration they then get a SMS confirmation of their registration. This way as the signal subscriber you get to know the person that you're dealing with.

In addition, when you subscribe you don't send money to the signals provider. You'll open an MQL5 Community Account, & you will then use what's known as credit to subscribe. Credits is what is used to transact within this community. To get credit you deposit money within this community. This way you will not be dealing direct with the other person, you'll be dealing with MetaQuotes Software Corp. And then the company will handle all the trades between you, buyer, & seller: all you've to do as a buyer is to obtain credit & you are setup to get all signals copied to your account without having to do anything else.

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

The example screen-shot below shows a summary of the top ranked trading signals.

Real Time Updated Live Stock Indices Signals

For each one of the signals provider above there is the duration in terms of weeks that the signals provider has been trading. For this duration the profit per month as a % is also recorded. Top ranked stock trade signals above have the following track records:

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

In addition all the market signals providers must pass 1 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 are buying & the track record of profit making is.

This is advantage of this service over others out there: you get statistics that are tracked real-time and updated weekly & their authenticity can be verified by viewing the detailed statistics & transaction history of a trade signal provider where as others you just get a screenshot of previous transactions and their authenticity might not be verifiable.

4. Affordable Stock Indices Price

One advantage of this service is that it is set at an affordable price, because there are many signal sub-scribers therefore the it is charged at an affordable fee. Anybody who is trading with MetaTrader platform can subscribe directly from their platform: this is what makes the MQL5 forum to have a large subscriber base.

This is the advantage, it's affordable as compared to other daily stock index trading signals that charge expensive fees ranging from $100 to upto $200 dollars.

Below is example of the top ranked trading signal providers for MetaTrader 4 and MT5 platforms, the price is set at $40 & $35 dollars a month.

Indices Price for The Top Ranked Stock Indices Signals

Another advantage is that there are some signals that are free. Those traders looking for free signals or free live signals can go to Online signal service page and access the free signals as well as paid for signals.

5. Easy Setup Direct from MetaTrader Platforms

Once you subscribe to a signal, there's no need to setup an alert system, for example there is no need to set up SMS alert or an Email alert, neither is it required to watch the market constantly 24/7.

This service can be accessed direct from the MetaTrader software. All a trader has got to do is to set up and activate this direct from trading software.

The screen-shot below portrays where a trader can access the Indices trade signals directly from their platform. This is what makes this service the best trading signal service for traders.

MetaTrader Stock Index Software Toolbox - Stock Indices Signal Setup Tab

3 steps to subscribe:

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

Advantage is that when a trader completes this simple process of this stock indices setup, they will automatically receive these transactions from the provider that they select copied to their accounts. Trade will now execute in real time on your MetaTrader 4 platform as soon as they are generated.

For More Details, read these two tutorials:

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Articles/618

6. TET - Trusted Execution Token Model in Stock Indices Trading

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

Once you have signed up, all you have to do is to select a stock index trading provider. Once you select this, your software will then connect to this signal through the TET Execution system, and all their trades will be executed automatically in real-time on your trading account, it is as simple as that.

There is no need to manually execute the generated trades or set up alerts such as an SMS alert, or look for any other custom signals software trades generated are live and executed automatically by the TET system

The Advantages of TET Model Are:

Minimum Delay in Execution - with Trusted Execution Token: TET execution model trade deals are automatically executed and there is no delay between the time the copy trading signal is generated and when it's copied to the trading account of the subscribing Stock traders.

No need to keep your trading platform online 24 7 - ( TET ) System automatically copies all trade transactions on your account even if your stock index software is not launched.