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Trading signal

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Fine4
35
Fine4  

I connect with a signal and it has neither Stop Loss nor Take Profit. Am I expected to close it or allow it run continuously? Please help

Konstantin Nikitin
6206
Konstantin Nikitin  

If trading is an expert, there may be a virtual SL/TP. You will not see them.
Can trading system, without the use of SL/TP.
...

Each signal provider has its own +/-

Fine4
35
Fine4  
Konstantin Nikitin:

If trading is an expert, there may be a virtual SL/TP. You will not see them.
Can trading system, without the use of SL/TP.
...

Each signal provider has its own +/-

What do you advice? Should I allow it to continue running or stop it?
Eleni Anna Branou
Moderator
5716
Eleni Anna Branou  
Fine4:

I connect with a signal and it has neither Stop Loss nor Take Profit. Am I expected to close it or allow it run continuously? Please help

You are not expected to do any of these things, that's the point of subscribing to a signal.

The signal provider is taking care these matters for you.

Konstantin Nikitin
6206
Konstantin Nikitin  
Fine4:
What do you advice? Should I allow it to continue running or stop it?

A good signal provider. Interested in good work. With good work. He has more subscribers. This means a big profit. Therefore it is difficult to answer unequivocally.
It is necessary to analyze the trading system of the provider.

Dionsius Fredi
287
Dionsius Fredi  
Fine4:

I connect with a signal and it has neither Stop Loss nor Take Profit. Am I expected to close it or allow it run continuously? Please help

as long as it give profit in longterm, i thought it's fine, cause in trade we can't win all position
oliver1007
8
oliver1007  
You can make your daily profit target. My suggestion to close it when you reach your daily profit.
Shehzad Hussain
319
Shehzad Hussain  
On which criteria, the signals are rated #1 to so on, on MQL5?
Eleni Anna Branou
Moderator
5716
Eleni Anna Branou  
Shehzad Hussain:
On which criteria, the signals are rated #1 to so on, on MQL5?

These criteria are not publicly announced, only MQL5 knows them.

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