RentaSignal Service Website - page 2

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12. Moderation of RAS IDs

Moderation procedure are simple:

- You register with RAS website and create your ID. Your ID will be in pending mode.

- after that moderator of RAS will send email to you informing that your ID is in pending mode now. It means: you can trade but no one can see (you will not have subscribers). Please reply on this email. Because moderator of RAS will not approve your ID without any contact with you.

- after some time of trading (minimum 1 week) moderator can move your ID to approved mode. And you can have subscribers and start to promote your ID creating the thread in this section: https://www.mql5.com/en/forum

Please note: no one ID is approved without simple contact between moderator and the vendor (by email, or PM, or by posts on the forum).

- if for some reason vendor is not replying by PM and by email for the long time so his pending ID will be moved to suspended mode.

- moderator is checking approved IDs and pending IDs at least once in a week or month (depends on trading system). Checking ID means the following: checking simple stats and advanced stats on RAS website, checking the stats as excel performance files by using the indicator coded by Igorad, and contact with the vendor.

- if your approved ID did not have any open trades for 1 month and more so it will be moved automatically to suspended mode.

- moderator is trying to confirm with the vendor about every action he (moderator) is doing or going to do with ID of the vendor. If the contact is not possible for the long time (2 weeks or more for example) so moderator is having the right to move this ID to suspended mode.

Signal status:

* set signal status to pending/approved/not approved/suspended

o pending = mode of signal by default, signal owner is able to add new orders to this signal but nobody see it except moderator and owner, no way to be subscribed to this signal

o approved = totally functional signal

o not approved = owner is not able to add new orders to this signal and no way to subscribe to this signal

o suspended = owner is not able to add new orders to this signal and no way to subscribe to this signal

 

3. Terminology, part #4

Clone. It is automatic buyer. Robot-buyer. Clone can be unstalled on any ID and the members can see the performance of the buyer and can compare the performance reported by seller (simple stats page, advanced stats page) with the performance of this automatic buyer (simple stats page, advanced stats page). Clones are installed for top popular IDs with many buyers or according to request.

Clones | Rent a Signal

Signal Analyzer Stats. In some cases the moderator of RAS can do his own stats using excel file with ID trades. Moderator can download all the trades for some particular ID as excel file and can use Signal Analyzer (created by Igorad for RAS service) to make the performance (total performance, sorted by symbol/deposit size/lot multiplier). To the sellers: if you need it so please make request for that. because in most of the cases those Signal Analyzer Stats images can help you a lot to promote your signals. To the buyers: it will help you to know the real situation because this Signal Analyzer Stats are much more precision tool than balance/equity graph on RAS advances stats.

Signal Analyzer Stats look like that:

Install RAS EA. Go to 'Downloads' or 'Downloads and support' page from menu and download RAS EA and dll files. Place RAS EA in to experts folder (for example: C:\Program Files\MetaTrader - Alpari UK_1\experts) and place dll files to library folder (for example: C:\Program Files\MetaTrader - Alpari UK_1\experts\libraries) of your MetaTrader's directory. Open Metatrader. Attach RAS EA to Metatrader with the settings explained in Downloads page of RAS website.

Important:

- when attaching RentaSignal EA to the chart - always write your ID in the settings. Do not attach RentaSignal EA to the chart without ID in the settings.

Settings of Metatrader to trade with RAS:

Metatrader - Tools - Options:

- enable EA - yes

- disable experts when ... - no

- disable experts when ... - no

- allow live trading - yes

- ask manual confirmation - no

- allow dll imports - yes

- confirm dll - no

- allow external ... yes

Click on RAS EA face on the chart - and the same:

- allow live trading - yes

- ask manual confirmation - no

- allow dll imports - yes

- confirm dll - no

- allow external ... yes

RAS EA filters. Currently there are 2 filters: the seller/buyer can filter the trades by magic numbers or by comments. Next RAS version of EA will have timefilter as well.

Please note" comments are the filter. It means that you are having some trades in your Metatrader but you want to send to RAS the trades which are already having some particular comments. Comments are not something which you want to say to everybody. Comments are something already coded and some of your trades are already having it.

If you are buyer so RAS EA (attached to 1 chart in your Metatrader) will trade all the symbols from from the sellers in case if you have those symbols in Market Watch window:

For example, if you bought some ID and the seller is trading USDDKK or USDZAR but you do not have those pairs in your Market Watch window so do the following: right mouse click on inside Market Watch window, select "Symbols" and check it. Press "Show" for the symbol you want to trade.

Please note: brokers are having different sets of symbols to trade so check everything with your broker or your Metatrader.

 

11. How to subscribe and how to unsubscribe

How to subscribe.

You can subscribe to commercial signals (clicking on 'Subscribe' button):

or to free public, or to free elite section signals:

How to know subscribed or not?

1. Go to advanced stats for subscribed ID and in the end of the page you can see something like that (with lot multiplier etc):

2. Or go to 'My Signals' to see your subscribed/bought IDs. You can also unsubscribed from free signals using this opage.

How to unsubscribe.

- If you subscribed to commercial signals so you can always unsibscribe using your paypal.

- if you subscribed to free public or free elite section signals so you can use unsubscribed button in 'My signals' page.

How to stop using some signals or pair for some time.

If you want simple stop using the signals for some time so use Pause/Resume button in the end of advances stats page of subscribed signals. You can do the same if you want to stop receiving the signals some pair.

You can always start it once again by pressing same button.

Please note.

- Pressing 'Pause' (in the end of advanced stats page of subscribed signals): immediatelt stop receiving the signal for selected pairs or all the signals for all the pairs.

- Cancel in paypal: stop at the end of the paid month (for commercial signals only).

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Question. If I subscribed to free ID and the seller edited this ID to be a commercial one so will I pay? For example, I subscribed to free signals and the seller will decide tomorrow that his ID is 20 dollars in a month. Of course he can edite his ID. Will I be pay?

Reply. No, you will not pay. You will continue using for free.

Question. If buyer subscribed to ID with 20 dollars monthly but seller increased the price for 40 so will the buyer pay new price?

Reply. No, he will not pay new price. He will still pay old 20.

 

10. Signal management for buyers

First of all, you need to know which kind of system do you want to use/to buy. There are martingale, hedging, old classical systems and so on. It depends on your deposit size, your personal preferences and risk understanding.

Because please note: the ranking on the signal page is just a sorting only. It means that if the signal ID is on the first position in pips calsulation rating so it does not mean anything. It is just a sorting only. Same with other ratings such as Weekly pips, Total USD and so on. It is the sorting only.

Next step to select the signal: you should go to advances stats page. And you can see the equity, balance, max/min lot size, max/min active trades (max/min simultanious open trades) and so on.

In most of the cases we can easy understand which kind of system the seller is using looking on those parameters.

- If it is difficult to know or to understand - ask on this section: RentaSignal Service and Elite Section Discussion - Forex Trading

- If you need some more stats - ask moderator of RAS to make the stats using Igorad's indicator with the broker you want: this indicator is something more precision tool than advanced stats.

Example.

Please find some example concerning Frank_mod EA (ID #86):

So, we can see the following:

Can we use 1,000 minimum deposit to trade EURUSD only as we see max lot size 0.64 and max active trades as 9, and if we see floating drawdown about 1,000 dollars?

No, we can not. The initial deposit should be more than 1,000 anyway.

So, just use 'Filter' to place the other initial deposit size.

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Some sellers are using 0.01 lot size only and no more than 3 or 4 simultanious trades. In this case you can use lot multiplier so see the stats/equity/drawdown and so on.

So, basicly, selection of the signals to use is the following:

- personal preferences;

- advances stats playing with initial deposit size, lot multiplier, symbol to use.

- stats images made by moderator by using Igorad's indicator (same case but it is very precision stats).

If you have some difficulties to select something, or to understand something so ask the people on RAS section of the forum, or ask moderator of RAS to explain it.

 

More to follow: future development

More to follow ...

Future development.

- Portfolio creation: RAS version #2.

- Market condition evaluation and prediction: RAS version #2.

- Buyers: select the IDs based on market condition evaluation/forecasting for the next week (automatically): RAS version #2.

- working panel for sellers and panel for buyers with the management of the signals/emails, funds etc.

If the members have some otjer idea about what to improve or develop inside this service so please post it on RAS sertion on the forum.

 

The self installer version of RAS EA it's available. For more information go to this thread: RentaSignal Service Website: How to use RAS

Direct Link Part 1

Direct Link Part 2

 

Thanks a lot.

It is very usefull tool.

 

Just want to remind that elite section signals with RAS service is visible for elite members only.

So, you as elite members can use most of them for free.

Use the following links:

martin | Rent a Signal

and

Holger | Rent a Signal

 

Currently I am writing the manual about "How to select the signal with RAS". With all the examples and so on.

I will post this manual to this elite section ... may be on Monday. After that I will send this manual to RAS developers for correction, improvements and so on to make it as official instruction.

That is why I am not posting here in elite section so much during those days ... writing manual

By the way, RAS service was started in this elite section first. So, whatever how many elite sections we will have - this our elite section will always be the main one.

Because most profitable EAs were developed inside this section, most good indcators were programmed inside this section, many projects were started (and not finished yet) inside this section.

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Next week I will try to explain about most of the elite signals which you can find inside RAS website. Besides, almost all RAS elite signals are the EAs posted in this section as mql4 file (source code) together with the settings. So, if you can not find something here - post a question in this discussion thread: https://www.mql5.com/en/forum/173397

That's all news.

 

If you are elite member of the forum so you can trade most of elite signals with RAS for free.

Just go to RAS website, register there (if you do not have account with RAS), go to My Account (RAS website), Edit Account and write your forum username and password (somewhere in the end of Edit Account page in RAS website). And RAS system will identify you as elite member of RAS.

In this case you will not pay 2 times subscribing to elite signals with RAS as you are already elite member of the forum: you will use RAS elite signals for free.

if you see this post so you are elite member.

Non-elite members are paying to trade elite signals with RAS (there are a lot of buyers for elite signals).

Elite members are using it for free.

It is related to this elite section only.

Advanced elite members can not see our elite section and can not trade RAS elite signals for free.

Just for information.

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