Download MetaTrader 5

Advantages of MQL5 Signals

29 October 2012, 09:34
MetaQuotes Software Corp.
4
5 649

Trading Signals service recently introduced in MetaTrader 5 allows traders to copy trading operations of any signals provider. Users can select any signal, subscribe to it and all deals will be copied at their accounts. Signals providers can set their subscription prices and receive a fixed monthly fee from their subscribers. 

 Advantages of MQL5 Signals


What Is So Special About MQL5 Signals?

  • It is a simple and ready-made solution. Subscription is performed in a few clicks. All deals are copied automatically without trader's intervention. Signals providers will also be able to start easily – it will take less than a minute to add a signal to the base and set a subscription fee.

  • High security for all the participants. Careful selection is performed among signals providers – they work in a test mode within a month. If the test is passed, they can offer their signals on MQL5.com.

  • Subscription and signals purchase rate. No agreements between subscribers and providers are required. Signals providers put their products up for sale while subscribers choose the most suitable ones. That's all. There is no excessive bureaucracy. There is no tedious work with bunches of papers – all processes are performed strictly inside the system avoiding any kind of paperwork.  

  • Signal subscription can be purchased easily. If you are interested in any signal available for a paid subscription, you can subscribe to it easily. Multiple payment systems supported by MQL5.com simplify the process greatly. WebMoney, PayPal, bank card – select any payment method you like!

  • No commission. Signals service does not charge commission from the subscriber's traded volume.

  • Access to the largest financial market. Signals providers gain access to all MetaTrader 5 users. All traders using the trading platform in their activity can choose and quickly subscribe to any signal available in their terminals

Investors wishing to subscribe to the signals can find a detailed step-by-step description in the article «How to Subscribe to Trading Signals».

 

SUBSCRIBE TO SIGNALS NOW


Some articles dedicated to signals which can be useful to you:

Translated from Russian by MetaQuotes Software Corp.
Original article: https://www.mql5.com/ru/articles/577

Last comments | Go to discussion (4)
boonchuai saetang
boonchuai saetang | 5 Jan 2013 at 07:17
I make a lot of people to follow me
hongden nguyen
hongden nguyen | 8 Jan 2013 at 12:25

why we dont have bonus (prize) for best trader of week, of month... have many follower of week, of month.. and dont care about demo or real acc, free or paid...

 

phi nuts
phi nuts | 8 Jan 2013 at 13:38
nguyenhongden:

why we dont have bonus (prize) for best trader of week, of month... have many follower of week, of month.. and dont care about demo or real acc, free or paid...

 

Because MQ is neutral in this case and is not comparing one signal provider against another 
Widy Prasetyo
Widy Prasetyo | 22 Dec 2014 at 14:54
I think signal analysis report in MQL5 still inadequate, lack of information can be misleading, especially for beginners follower.

as Signal Provider, he must be able to manage
investors/followers money, not just make high profits and the next day to lose money quickly.
One way of prevent this is to put the "Stop Loss" level.

Maybe, in report system should be added warning signal, for example, "Signal Providers at higher risk for not using SL" or "
placement SL unreasonable" for SL too wide.
Step on New Rails: Custom Indicators in MQL5 Step on New Rails: Custom Indicators in MQL5

I will not list all of the new possibilities and features of the new terminal and language. They are numerous, and some novelties are worth the discussion in a separate article. Also there is no code here, written with object-oriented programming, it is a too serous topic to be simply mentioned in a context as additional advantages for developers. In this article we will consider the indicators, their structure, drawing, types and their programming details, as compared to MQL4. I hope that this article will be useful both for beginners and experienced developers, maybe some of them will find something new.

Here Comes the New MetaTrader 5 and MQL5 Here Comes the New MetaTrader 5 and MQL5

This is just a brief review of MetaTrader 5. I can't describe all the system's new features for such a short time period - the testing started on 2009.09.09. This is a symbolical date, and I am sure it will be a lucky number. A few days have passed since I got the beta version of the MetaTrader 5 terminal and MQL5. I haven't managed to try all its features, but I am already impressed.

False trigger protection for Trading Robot False trigger protection for Trading Robot

Profitability of trading systems is defined not only by logic and precision of analyzing the financial instrument dynamics, but also by the quality of the performance algorithm of this logic. False trigger is typical for low quality performance of the main logic of a trading robot. Ways of solving the specified problem are considered in this article.

Using text files for storing input parameters of Expert Advisors, indicators and scripts Using text files for storing input parameters of Expert Advisors, indicators and scripts

The article describes the application of text files for storing dynamic objects, arrays and other variables used as properties of Expert Advisors, indicators and scripts. The files serve as a convenient addition to the functionality of standard tools offered by MQL languages.