Brokers and signals

New comment
 

Hi,

I'm quite new into trading and metatrader (MT).

I have few basic questions.

1. Which should I learn MT4 or MT5?

2. I wonder if anyone know a good well known broker for trading with MT both for real money and also for unreal money.

3. Is't possible when I subscribe to a signal can I automate so it buy and sell it or is purpose only "copy and click" ? And can I set my money value so it won't take all my money at one trade?

4. With my broker i choose I also want backtest possiblity. Is't possible to backtest signals?


Thanks in advance!


Best regards

Ernst

 

Discussion about the brokers (especially the recommendations) is prohibited on the forum sorry.

Forum on trading, automated trading systems and testing trading strategies

How to start a Live account?

Sergey Golubev, 2020.07.29 10:29

Find Metatrader broker (there are a lot of metatrader brokers, use google to find), and open the account according to their condition on their websites.

1. The article - MQL5.community - User Memo

2. MetaTrader 5 Help - Open an Account

3. Where Do I start from?
https://www.mql5.com/en/forum/212020 

4.  MetaTrader 5 Help - Trading Platform — User Manual 

5. MetaTrader 4 Help - Client Terminal – User Guide 

6. How to make a search on the forum
https://www.mql5.com/en/forum/193510 

7. MetaTrader 5 Help - Open an Account

8. Find a Server by the Broker's Name: 
https://www.mql5.com/en/forum/214820


 

Forum on trading, automated trading systems and testing trading strategies

signal with moneyback gurrantee

Sergey Golubev, 2020.08.03 07:04


Recommendation of the signals is prohibited on the forum sorry.

----------------

Just some information about the Signal Service:

This is the information about where to start to.


=========

How to Subscribe to MT4/MT5 Signal - new instructions
https://www.mql5.com/en/forum/189731  (MT4)
https://www.mql5.com/en/forum/336422  (MT5)

How to Subscribe to a MT4 Signal (new instructions, after 1065 version upgrade)
How to Subscribe to a MT4 Signal (new instructions, after 1065 version upgrade)
  • 2017.04.10
  • www.mql5.com
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...
 
Ernstan:

Hi,

I'm quite new into trading and metatrader (MT).

I have few basic questions.

1. Which should I learn MT4 or MT5?

2. I wonder if anyone know a good well known broker for trading with MT both for real money and also for unreal money.

3. Is't possible when I subscribe to a signal can I automate so it buy and sell it or is purpose only "copy and click" ? And can I set my money value so it won't take all my money at one trade?

4. With my broker i choose I also want backtest possiblity. Is't possible to backtest signals?


Thanks in advance!


Best regards

Ernst

1. Its up to you, MT5 is the newest and more advanced platform.

2. No recommendations about brokers.

3. MQL5 signal subscription is fully automated, you don't need to copy and click anything. Follow the instructions Sergey already posted for setup your signal subscription.

4. Backtest is for Expert Advisors, not signals. Signals have past trading history and statistics, so you can study those.

 

Hi and thanks for the answers.

Three more questions:


1. Can I use more than one signal at the same time?

2. I know what this indicator is, but how does it differ from an Expert Advisor (EA)?

3. Signals that differ between red and black values in Max DD / PF?

***


thank

 
Ernstan:

Hi and thanks for the answers.

Three more questions:


1. Can I use more than one signal at the same time?

2. I know what this indicator is, but how does it differ from an Expert Advisor (EA)?

3. Signals that differ between red and black values in Max DD / PF?

***


thank

1. No at the same trading account.

2. Signals are not indicators, you copy someone else's trades.

3. I don't get your question, black and red values?

 
Eleni Anna Branou:

3. I don't get your question, black and red values?

Ok thanks, seems I was not premitted to paste URL's here.

Open Metatrader go to "Siginals" check the column "Max DD / PF". Check there same % values are red marked and other black. 

I don't think its positive and negative meaning...

Do you understand what I mean now?

 
Ernstan:

Ok thanks, seems I was not premitted to paste URL's here.

Open Metatrader go to "Siginals" check the column "Max DD / PF". Check there same % values are red marked and other black. 

I don't think its positive and negative meaning...

Do you understand what I mean now?

Red are some values over a certain number, for example max DD over 40%.

New comment
Reason: