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Forum on trading, automated trading systems and testing trading strategies
The Signals service is in decline
Renat Fatkhullin , 2024.01.17 12:07
Along with the release of MetaTrader 5 this Friday, there will be the following changes:
- Support for signals on any non-real accounts (demo, contest, cents, etc.) for MetaTrader 4 and MetaTrader 5 is completely removed
- The ability to register demo or private signals on the site is removed
- The ability to create free signals is removed
- MQL5 functions SignalsXXXX are abolished; they return empty data and the code ERR_MQLAPI_FUNCTION_NOT_ALLOWED
- Signals can only be created by users who have received seller status
With these steps we will clear the service of garbage, free up a lot of resources and create a clean storefront.
The next step will be to reform the terms of the account with a signal subscription :
- Any copiers are prohibited - they are the ones who stole our signals service
- Connections with read only passwords are prohibited - this is how they are stolen from other people’s copy trading services
- All MQL5 functions will produce empty open positions/orders/trade history - copiers will be useless
- Inability to bypass these conditions by connecting from other copies of terminals
This will improve the quality of the service.
It was officially announced here:
- New MetaTrader 5 Platform build 4150: Trading report export and new machine learning methods in MQL5
4. Terminal: Disabled support for the Signals service for demo accounts. To access enhanced statistics on your training accounts, use the new trading report . It features a plethora of metrics characterizing your strategy profitability and risks, including growth, balance and equity graphs, diagrams of trade distribution by direction and instruments, and much more.
12. MQL5: Disabled and deprecated Signal* functions. They will now return empty signal sets.
Since last week, the Demo Account cannot copy free signals.
Any idea how to copy free signals?
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Since last week, the Demo Account cannot copy free signals.
Any idea how to copy free signals?