How to Trade With Commodity Trading Signals & Expert-Advisors

Apart from coming up with commodity signals, traders can also decide that they want to trade with commodities trade signals or Expert Advisors. These 2 methods are very popular when it comes to trading the online commodities market. Commodities traders who want to trade with these techniques might spend a lot of time researching which is the best Expert Advisor or Commodity Trading Signal - instead when it comes to EA Commodity Trading Bots there is a library of Expert Advisor Commodity Trading Bots that traders can find on the MQL5 forum and when it comes to signals there is a list of the top commodities trading signal providers made up of profitable traders who trade using MetaTrader 4 commodities platform that provide commodity signals which traders can subscribe to and trade with.

Trading Signals

Traders can trade using commodity signals - instead of generating trading signals of their own using commodity systems traders can subscribe commodity signals from other profitable traders and copy the trading of these signal providers. Trading using commodity signals is sometimes also called copy trading.

A commodity signal service such as the MQL5 signal service is setup by the owners of MT4 commodities trading platform. Profitable traders can then setup their signal service and other traders can then subscribe to these signals from the MQL5 signal service directly from their MT4 commodities trading platform.

Once trading signal providers generate a trading signal the trade is then automatically copied & sent to the trader's account & similar trades are also opened on the trader's account. These trades will remain open until when the signal provider closes them and on the trader's account the trades will also be automatically closed.

To learn more about commodity signals traders can read the article - MQL5 commodity signals. These commodity trading signals are provided by profitable traders who trade the commodity market using their own accounts with money invested in their account and this traders have passed a month trading period to prove their commodity strategy is profitable after which these traders have then become signal providers.

Commodity Expert Advisors

Automated commodity strategies in commodity are known as Expert Advisors or Expert-Advisor or Commodity Trading Robots. These robots are used by commodities traders to generate automated signals that will open buy and sell commodities trades on behalf of the trader based on the set trading parameters.

When these sets of parameters are met the Expert Advisor will then open a commodities trade. The Expert-Advisor also has another set of parameters that will be used to calculate where to close a trade.

The best place to begin for those who want to learn how to program and come up with their own EA Commodity Robots MQL5 forum of EA coders is the best place to start. This forum also has a library of many commodity Expert Advisors that traders can download - some are free and some are for sale. Those that are for sale can be tested out by traders using their demo version which can be tested on the MT4 strategy tester environment, this way a trader can test an EA to determine how it performs in commodity market before buying the EA.

To learn more about EA Commodity Trading Bots, traders can read our tutorial - MQL5 Commodities Trading Expert Advisors Library.