Last Updated on August 4, 2023 by Tabraiz
With MetaTrader 4, trading signals let you instantly duplicate other traders’ real-time trades. Many successful traders become signal providers by making their trades available to the public for free or at a small price. Use a VPS to duplicate trades around the clock. In this guide, you’ll learn about copy trader mt4 signals.
The website and the Signals tab of your trading platform both feature a display of 3,200+ free and paid signals. All signal sources are arranged according to their trading results for your convenience. At the top of the list are those that have been the most effective. Without leaving the copy trader mt4 and choose your signal source, subscribe to their signal, and begin imitating their trades on both real and demo accounts.
According to the trade settings you decide, the signal does all the work for you! Become a signal provider if you are a good trader and want to make extra money! With the help of millions of other traders, you may share your trading approach and make money from subscription fees.
Your MetaTrader 4’s trading signals service is a ready-made solution that gives you the chance to trade profitably! With just a few clicks, you can quickly subscribe to the signals of experienced traders, and all trades produced by those signals will then be replicated to your trading account.
Table of Contents
You’ll need the following in order to subscribe to a signal:
An active trading account and a current MetaTrader 4 trading platform. Now is a good time to register for one if you don’t already have one. You must have enough money on your MQL5 account, bank card, or e-wallet to cover the cost of the signal subscription.
It would help to consider a signal’s major efficiency criteria. The subscription button is included in the signal showcase, along with information about the total number of trades executed, the percentage of profitable trades, economic performance, and other metrics. The cmtrading platform is Trusted by more than 1 million clients worldwide.
You have two options for paying for subscriptions: directly using major payment systems or your MQL5.com account. Along with PayPal, WebMoney, Neteller, and ePayments, MetaTrader 4 also takes Visa, MasterCard, and UnionPay credit cards. To complete a transaction, choose your preferred payment method.
Determine how the signal’s trades will be copied to your account to complete the subscription process. Setting the Stop Loss and Take Profit levels and the deposit amount to be utilised for trading with the signal is essential. You can begin copying trades once you have specified all the necessary parameters.Subscriptions to virtual hosting can reduce network latency and enhance the benefits of your subscriptions.
The signals list shows the following fundamental parameters:
Graph of growth
Name of the signal.
- Equity – Equity on account of the signal.
- Growth – % deposit growth determined by trade history without taking into account deposits or withdrawals;
- Weeks – the number of weeks after the trading account’s first trade was executed (the full account lifespan, rather than the time since the signal was registered, is properly considered);
- Max DD is the maximum percentage balance decline from the local optimum; the cmtrading can be considered a safe and credible broker that offers competitive fees and spreads and excellent educational material.
- The profit factor is often known as the gross profit ratio to gross loss. If these parameters are one, then they are similar.
- Price: the USD signal price. Additionally, this column contains a “Add to Favorites” option that enables you to add a signal to your top picks. Any of the factors above can be used to sort the list. The signals are sorted by the first parameter when you click once on the column name and by the second parameter when you click twice.
Here, basic signal information is shown:
- Signal name. You can get a signal’s description on MQL5.community by clicking on a name.
- Author: Name of the signal provider. You will be taken to the provider’s MQL5.community profile after clicking on it.
Broker is the name of the provider’s chosen broker server.
Deposit growth starts at the time of signal registration on the provider’s account. The value is given as a percentage of the starting point.
- Date: The subscription’s beginning and end dates.
You may use money in your MQL5. Community account to make a payment. Choose the MQL5 payment option to achieve this.