Advantages of MQL5 Trading Signals to Traders over Other Stock Indices Signals Providers
This is a new kind of online stock index trading signals service: based on the strategies of real Stock Indices traders, this is the first advantage. Each provider enrolled on the MQL5 stock index trading signal sections has a proven track record of profitable trades. All accounts of these stock index signal providers are continuously monitored & tracked.
Most of the stock index trading 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 Indices 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 stock index signals provider is first registered in the community, upon signing up and registering they specify their real trading account, & this stock index account is the basis used to create the trading signals. Once a stock index trading signal provider opens a trade on this stock index 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 trade signals service you know you're getting a good deal.
2. Owned by MetaQuotes Software Corp. Owner of MT4 & MT5 Indices Trading 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 trading 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 is the owner of the MT4 & MT5 platforms that you are stock indices trading with, the platform that you downloaded from your stock index trading broker, your stock indices broker got it from Metaquotes Software Corp.
All stock index 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 subscriber you get to know the person that you are dealing with.
In addition, when you subscribe you don't send money to the stock index 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 will 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 stock indices signals copied to your account without having to do anything else.
3. All Indices 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 stock index trading signals provider above there is the duration in weeks that the provider has been trading. For this duration the profit per month as a percent is also recorded. Top ranked stock indices 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 stock index 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 Indices 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 stock index 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 dollars to upto $200 dollars.
Below is example of the top ranked stock index trading signal providers for MetaTrader 4 and MT5 platforms, the stock index 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 stock index trading signals that are free. Those traders looking for free stock index signals or free live stock index trading signals can go to Online stock index trading signal service page & access the free stock index signals as well as paid for signals.
5. Easy Setup Direct from MetaTrader Indices Platforms
Once you subscribe to a stock indices signal, there is 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 stock indices 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 platform.
The screen-shot below shows where a trader can access the Indices trade signals directly from their platform. This is what makes this service the best stock index trading signal service for traders.
MetaTrader Stock Index Platform Toolbox - Stock Indices Signal Setup Tab
3 steps to subscribe:
- Go to MQL5.com: Register an Account
- Specify Your Stock Indices Broker: a list of available brokers is provided when logged on your community account.
- 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:
6. TET - Trusted Execution Token Model in Stock Indices Trading
Trusted Execution Token or TET model is the MQL5 automated stock index trading signal system. This is how the TET model works:
Once you've signed up, all you've to do is to choose a stock index trading provider. Once you select this, your trading platform will then connect to this stock indices 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 stock index 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 Indices 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.
