Discussion of article "Advantages of MQL5 Signals"

 

New article Advantages of MQL5 Signals is published:

Trading Signals service recently introduced in MetaTrader 5 allows traders to copy trading operations of any signals provider. Users can select any signal, subscribe to it and all deals will be copied at their accounts. Signals providers can set their subscription prices and receive a fixed monthly fee from their subscribers.


Read the article «Advantages of MQL5 Signals» to find out why and how MQL5 Signals can help you make money.

Author: MetaQuotes

 

Would you accept my suggestion for improvement?

Make it possible to add/drop suffixes prefixes to/from the instrument name in the system settings.

I wanted to test the signals service in real trading, and only one of the brokers I work with allows me to open a real account in MT5.

I opened it, and there was a mess! Instruments are called like EURUSD.m

And the signals do not work!

But I wanted to try so much!

And all DCs have MT4 of an old build - without signals service.

And I wanted to try MT5 to get to know it better....

P.S. And in general, it is better to provide for the possibility of extended docking of instruments, so that it would be possible to assign a correspondence to any symbol of the provider, to any symbol in the signal follower's DC, modified in any sophisticated way.

Торговые сигналы
Торговые сигналы
  • www.mql5.com
Торговые Сигналы для MetaTrader: копирование сделок, мониторинг счета, автоматическое исполнение сигналов и социальный трейдинг
 
skol13:

Would you accept my suggestion for improvement?

Make it possible to add/drop suffixes prefixes to/from the instrument name in the system settings.

I wanted to test the signals service in real trading, and only one of the brokers I work with allows me to open a real account in MT5.

I opened it, and there was a mess! Instruments are called like EURUSD.m

And the signals do not work!

But I wanted to try so much!

And all DCs have MT4 of an old build - without signals service.

And I wanted to try MT5 to get to know it better....

P.S. And in general, it is better to provide for the possibility of extended docking of instruments, so that it would be possible to assign a correspondence to any symbol of the provider, any symbol in the DC of the signal follower changed in any sophisticated way.



I would like to add many interesting settings to this service. as an example:

  • Selection of trades by magik, symbol, type of trades
  • Selection of profitable trades only
  • Possibility to copy trades with rollover
  • Ability to copy trades with your own lot.
  • Possibility to work without stops, with closing of deals on manager's account.
  • Possibility to connect several master/client terminals to organise copying system
  • Ability to copy only new trades or copy trades that are already in the market.
  • Possibility to convert trades into orders, i.e. open pending orders instead of market trades,
  • Ability to work with symbols with suffixes
  • Master Client's lot coefficient
  • Your own lot from the balance.
  • and many other things.
 

All demo and real accounts are displayed on the signals tab. Give an opportunity to display only demo or only real or all signals in the settings.

 
I make a lot of people to follow me
 

why we dont have bonus (prize) for best trader of week, of month... have many follower of week, of month.. and dont care about demo or real acc, free or paid...

 
nguyenhongden:

why we dont have bonus (prize) for best trader of week, of month... have many follower of week, of month.. and dont care about demo or real acc, free or paid...

 

Because MQ is neutral in this case and is not comparing one signal provider against another 
 
I think signal analysis report in MQL5 still inadequate, lack of information can be misleading, especially for beginners follower.

as Signal Provider, he must be able to manage
investors/followers money, not just make high profits and the next day to lose money quickly.
One way of prevent this is to put the "Stop Loss" level.

Maybe, in report system should be added warning signal, for example, "Signal Providers at higher risk for not using SL" or "
placement SL unreasonable" for SL too wide.