Expert Advisor or MQL5 Signal Service ?

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Hi all,

I am currently evaluating the best way forward in my forex trading endeavour. I have an ICMarkets live account installed on a very good VPS with low ping rate. My account balance is between $500 and $1000. I do not have a get-rich-quick mentality. However, I am against blowing my trading capital using very aggressive market moves. That being said, I have explored both the Market and Signals section of this website. Found some interesting signals, and the same i can say for the EAs available. However, i am finding it difficult which one to choose for starting my trading journey, an EA with very good user reviews and performance OR a reliable steady-profits based signal service? I am looking for a monthly profit % in the range of 5% - 15%, and a desirable DrawDown of 15% at max. My main goal behind this venture is to gradually build it from passive income stream to finally a full-time trading scenario. So i would really welcome replies that can help me in choosing the right option for me. Regards

 

Recommendations of any signal/product are not allowed in the forum, so nobody can recommend anything specific.

I would be very wary of many signals now as you can no longer analyse the full trading history.

If you are going to try an EA, you should download the free demo version and check it with the strategy tester. 

 
Thanks Moderator.  I am not looking for any specific names regarding Signals or EAs  in this post of mine, neither should anybody do this.  I am just contemplating my trading way forward.
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