How do u use Signals

[tsgallor]

Hi guys I've saw a signal that I'm interested in and I'm thinking to subscribe but the only problem is that I don't know how it works when you've subscribed. 

Theory 1: Once you've subscribed the author sends you the signal then you have to place the trade on your own. 

Theory 2: Once you've subscribed your trades are automated meaning that when the author makes a trade it automatically makes a trade simultaneously for you too.

Plz help me out. How far are my theories from the truth?

[williamspg]

pls am a beginner how do I copy and paste trade?

[Sergey Golubev]

tsgallor:

Hi guys I've saw a signal that I'm interested in and I'm thinking to subscribe but the only problem is that I don't know how it works when you've subscribed. 

Theory 1: Once you've subscribed the author sends you the signal then you have to place the trade on your own. 

Theory 2: Once you've subscribed your trades are automated meaning that when the author makes a trade it automatically makes a trade simultaneously for you too.

Plz help me out. How far are my theories from the truth?

yes, the second choice.

[Sergey Golubev]

How to Subscribe to MT4/MT5 Signal - new instructions - 

Forum on trading, automated trading systems and testing trading strategies

How to Subscribe to a MT4 Signal (new instructions, after 1065 version upgrade)

Eleni Anna Branou, 2017.11.02 21:06

Below are step by step instructions, of how to subscribe to a MΤ4 signal:

1. Register a MQL5 account: https://www.mql5.com/en/auth_register 

2. Open your MT4 platform and go to Menu >> Tools >> Optios and click on the Community tab. There you put your Login and Password of your MQL5 account and click OK.

3. Go to the search area of your MT4 platform, on the upper right corner (where the magnifying glass is), type in the name of the signal you want to subscribe and click Enter.

 

 

4. You will see lower, in the Terminal Window of your MT4 platform, the results of your search. Click on the name of the signal you want to subscribe. 

 

 

5. Click on the green Subscribe for $$ USD button on the right side of your MT4's Terminal Window.

 

 

6. Select the payment method and complete payment for your subscription.

7. In the Options >> Signals window that opens, tick the following options:

 

 

• Agree to the terms of use of the signals service
• Enable real time signal subscription
• Copy Stop Loss and Take Profit levels
• Synchronise positions without confirmations

8. In the Use no more than: ...... of your deposit (95% maximum) field below, put the percentage of your capital, you want to participate in signal's copying.

9. In the Stop if equity is less than: ...... field, put the amount of your capital, you want to preserve, or leave it empty. 

10. In the Deviation/Slippage field, select an option and click OK in the Options window to close it.

11. Now you have completed the subscription process and the only thing you need is a VPS (Virtual Hosting) in order to copy the signal 24/7 without having your MT4 platform open all day long. 

12. Go to your account details in the Navigator window of your MT4 platform, right click in your account number or name and select the option Register a Virtual Server.

13. In the Virtual Hosting Wizard window that opens, the VPS with the lower Ping, ms value is presented automatically.

 

 

14. Select your payment plan for 1, 3, 6 or 12 months and click Next.

15. Tick the: I agree to the virtual hosting service rules and the auto renewal option below (if you want) and click Next. 

16. Complete your payment for the VPS Service. 

17. In the next window, tick the Migrate signal: account and settings option, click End and you are done.

[Sergey Golubev]

Just some information about the Signal Service:

• MetaQuotes youtube channel, and this starting video about the signals.
• How to Become a Signals Provider for MetaTrader 4 and MetaTrader 5
• How to Subscribe to Trading Signals
• Managing Funds or How to Select a Deal Volume
• Rules of Using the Signals Service

This is the information about where to start to.

[Sergey Golubev]

Just one secret:

It is not advisable to begin copying a signal with open positions - wait for the signal to close all positions and then synchronize with it
https://www.mql5.com/en/forum/212246#comment_5526080

[Sergey Golubev]

Tips for Selecting a Trading Signal to Subscribe. Step-By-Step Guide - the article

[Sergey Golubev]

Some more - 

========

How to Select a Deal Volume 
https://www.mql5.com/en/forum/9950/page93#comment_4052813  
https://www.mql5.com/en/forum/215636 

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How to change the volume/lot size (many posts)
https://www.mql5.com/en/forum/11714   

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How can I can disable a copy trade signal on my Meta trader in my VPS without unsubscribing
https://www.mql5.com/en/forum/189920#comment_4866319 

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FAQ 
https://www.mql5.com/en/forum/9950/page80#comment_2933360 

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Can I turn off my PC after subscribed to the signal?
https://www.mql5.com/en/forum/171248#comment_4137445 

========

[Sergey Golubev]

Strongly recommended! - 

calculator of the signal: 
https://www.mql5.com/en/forum/9950/page86#comment_3929768

[Steve]

Sergey Golubev:

Strongly recommended! - 

calculator of the signal: 
https://www.mql5.com/en/forum/9950/page86#comment_3929768

Sergey Golubev, you are an awesome person. God bless you.