Advantages of MQL5 Trading Signals to Traders over Other Commodity Trading Signals Providers
This is a new kind of online commodities trading signals service: based on the strategies of real Commodities traders, this is the first advantage. Each provider enrolled on the MQL5 commodities trading signal sections has a proven track record of profitable trade transactions. All accounts of these commodities trading signal providers are continuously monitored and tracked.
Most of the commodities trading signal providers are experienced traders, therefore for those looking for this service, this is the best place: a single place where signal subscribers can meet other traders who have profitable strategies and copy them.
So, What are Advantages of These Commodities Trading Signals Service to Traders
1. Signal Service Providers Are Experts Who Use Real Accounts Opened With Their Own Money
Every commodities signal provider on the MQL5 community is an expert using their own real account opened with their hard earned money to provide the signals. Take a glance at the screen-shot that's shown below: the copy signal name is '101010', the copy trading service is hosted on the MetaQuotes Server, The equity trading balance is $18,908.35 real money.
Live Trading Signals
Every live commodities trading signals provider is first registered in the community, upon signing up and signing up they specify their real trading account, & this commodities account is the basis used to create the trading signals. Once a commodities trading signal provider opens a trade on this commodities account, then this trade is automatically generated & copied to subscribers.
This is the first advantage, all trade are generated on live accounts by experts: this way as a buyer of this trade signals service you know you are getting a good deal.
2. Owned by MetaQuotes Software Corporation. Owner of MT4 & MT5 Commodity Platforms
There are hundreds of sites out there selling this commodity signals copy paste signals service, but to for those traders who want to subscribe there's is really no sure way of determining which one is legit and as a signal buyer there's no way to know who is behind the trading service.
But in MQL5, all providers are first registered on the forum which is operated by Metaquotes Commodities Trading Software Corporation. If you don't know Metaquotes Commodities Trading Software Corporation. It's the owner of the MT4 & MetaTrader 5 commodities trading platforms that you are commodity trading with, platform which you downloaded from your commodities trading broker, your commodity broker got it from Metaquotes Commodities Trading Software Platform Corp.
All commodity trade signals providers Must Register and must fill a registration form and send proof of ID and Proof of their Residence, After registration they then get SMS confirmation of their registration signup. This way as the subscriber you get to know the person that you are dealing with.
In addition, when you subscribe you don't send money to the commodities trading signals provider. You will open an MQL5 Community Account, & you'll then use what is known as credits to subscribe. Credit is what is used to transact within this forum. To get credit you deposit money within this forum. This way you will not be dealing direct with other person, you will be dealing with Metaquotes Commodities Trading Software Corporation. And then the company will handle all trades between you, buyer, & the seller: all you have to do as a buyer is to obtain credits & you are set to get all the commodity signals copied to your account without having to do anything else.
3. All Commodity Trading Signal Services are Tested & Have a Track Record of Profit Making
The example screen-shot below shows a summary of the top ranked accurate trading signals.
Real Time Updated Live Trading Signals
For each one of the commodities trading signals provider above there is the duration in weeks that the provider has been trading. For this duration the profit per month as a percent is also recorded. The top ranked commodity trade signals above have the following track records:
- Duration - 7 weeks to 117 weeks
- Profit Per Month - 199% to 1,557%
In addition all the commodities trading market signals providers must pass One month testing period where they must prove that their trading strategy is profitable, before getting signed up on this list.
This way, the whole process is transparent & as a subscriber you always know what signal you're buying & the track record of profit making is.
This is the advantage of this service over others out there: you get statistics that are tracked real time and updated weekly and their authenticity can be verified by viewing the detailed statistics and transaction history of a Commodities trade signal provider where as others you just get a screen-shot of previous transactions and their authenticity may not be verifiable.
4. Affordable Commodities Price
One advantage of this service is that it is set at an affordable commodities price, because there are many copy trading signal subscribers therefore the it's charged at an affordable fee. Anybody who is trading with MetaTrader platform can subscribe directly from their platform: this is what makes the MQL5 forum to have a large subscriber base.
This is the advantage, it's affordable as compared to other daily commodities signals that charge expensive fees ranging from $100 dollars to upto $200 dollars.
Below is example of the top ranked commodities trading signal providers for MT4 and MetaTrader 5 commodities trading platforms, the commodities price is set at $40 dollars & $35 dollars a month.
Commodities Price For The Top Ranked Trading Signals
Another advantage is that there are some commodities trading signals that are free. Those traders looking for free commodities signals or free live commodities trading signals can go to Online commodities trading signal service page & access the free commodities trading signals as well as the paid for trading signals.
5. Easy Setup Directly from MetaTrader Commodity Platforms
Once you subscribe to a commodity signal, there is no need to setup an alert system, for example there is no need to set up SMS alert or an Email alert, neither is it required to watch the commodity market constantly 24/7.
This service can be accessed directly from the MetaTrader platform. All one has to do is to set up and activate this directly from their trading platform.
The screen-shot below shows where a trader can access the Commodities trade signals directly from their platform. This is what makes this service the best commodities trading signal service for traders.
MetaTrader Commodities Software Tool box - Commodity Signal Setup Tab
3 steps to subscribe:
- Go to MQL5.com: Register an Account
- Specify Your Commodity Broker: a list of available brokers is provided when logged on your community account.
- Account Number on Brokers' server (Password is not required) .
The advantage is that when a trader completes this simple process of this commodity setup, they will automatically receive these transactions from the provider that they choose copied to their accounts. Trade will now execute in real-time on your MetaTrader 4 commodities trading platform as soon as they are generated.
For More Details, read these 2 guides:
6. TET
Trusted Execution Token or TET model is the MQL5 automated commodities signal system. This is how the TET model works:
Once you have signed up, all you've to do is to choose a commodities trading provider. Once you choose this, your platform will then connect to this commodity copy trading signal through the TET ( Trusted Execution Model ) system, & all their trades will be executed automatically in real-time on your trading account, it's as simple as that.
There is no need to manually execute the generated trades or setup alerts such as an SMS alerts, or look for any other custom commodities trading signals software the trades generated are live and executed automatically by TET system
The Advantages of TET Execution Model in Commodity Trading Are:
Minimum Delay in Trade Execution - with Trusted Execution Token Model or TET model trades are automatically executed and there isn't any delay between the time the signal is generated and when it's copied to the trade account of the subscribing Commodities traders.
No need to keep your trading platform online 24 7 - ( TET ) System automatically copies all trades on your account even if your commodities software is not launched.
