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