Advantages of MQL5 Trading Signals to Traders over Other Bitcoin Trading Signals Providers
This is a new kind of online crypto signals service: based on the strategies of real Bitcoin traders, this is the first advantage. Each provider enrolled on the MQL5 bitcoin trade signal sections has a proven track record of profitable trade transactions. All accounts of these cryptocurrency signal providers are continuously monitored & tracked.
Most of the cryptocurrency 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 sub-scribers can meet other trading signal providers who have profitable trading strategies & copy them.
So, What are Advantages of These BTCUSD Signals Service to Traders
1. Bitcoin Signal Providers Are Experts Who Use Real BTCUSD Trading Accounts That They Opened with Their Own Money
Every cryptocurrency 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 crypto signals provider is first registered in the community, upon signing up they specify their real trading account, & this btcusd account is the basis used to create the cryptocurrency trading signals. Once a cryptocurrency signal provider opens a trade on this btcusd 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. Regulated by MetaQuotes Software Corp. The Owner of MT4 and MetaTrader 5
There are hundreds of web sites out there selling this crypto 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 platforms that you are trading bitcoin with, the platform that you downloaded from your cryptocurrency trading broker, your crypto broker got it from Metaquotes Software Corporation.
All bitcoin 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 a SMS confirmation of their sign-up. 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 bitcoin trade copy trading signals service provider. You'll open an MQL5 Community Account, & you will then use what is known as credits to subscribe. Credit is what is used to transact within this community. To obtain credit you deposit money within this community. This way you will not be dealing direct with other person, you will be dealing with Metaquotes Software Corporation. And then the company will handle all trades between you, buyer, & seller: all you have to do as a buyer is to obtain credits and you are setup to get all bitcoin signals copied to your account without having to do anything else.
3. All Bitcoin Signal Services are Tested & Have a Track Record of Profit Making
The examples screenshot below shows a summary of the top ranked bitcoin trade signals.
Real Time Updated Live Trading Signals
For each one of the crypto signals provider above there is the duration in weeks that the provider has been trading. For this duration the profit per month as a percentage is also recorded. Top ranked btcusd 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 btcusd market signals providers must pass a 1 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 are 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 Bitcoin trade signal provider where as others you just get a screenshot of previous transactions and their authenticity might not be verifiable.
4. Affordable BTCUSD Price
One advantage of this service is that it's set at an affordable price, because there are many copy signal subscribers therefore the it's charged at an affordable fee. Anyone 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 the advantage, it's affordable as compared to other daily bitcoin signals that charge expensive fees ranging from $100 dollars to upto $200 dollars.
Shown Below is example of the tops ranked cryptocurrency signal providers for MT4 and MT5 platforms, the price is set at $40 dollars and $35 dollars a month.
Bitcoin Price for The Top Ranked Trading Signals
Another advantage is that there are some bitcoin trading signals that are free. Those traders looking for free bitcoin signals or free live bitcoin trade signals can go to the Online bitcoin trade signal providers service page and access the free cryptocurrency signals as well as the paid for trading signals.
5. Easy Setup Directly from MetaTrader BTCUSD Trading Softwares
Once you subscribe to a bitcoin 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 btcusd trading market constantly 24/7.
This service can be accessed directly from the MetaTrader platform. All a trader has to do is to set up and activate this directly from platform.
The screenshot below shows where a trader can access the Bitcoin trade signals direct from their trading platform. This is what makes this service the best bitcoin trading copy signal service for traders.
MetaTrader BTCUSD Trading Software Toolbox - Bitcoin Signal Setup Tab
3 steps to subscribe:
- Go to MQL5.com: Register an Account
- Specify Your Crypto Broker: a list of available brokers is provided when logged on your forum account.
- Account Number on Brokers' server (Password is not required) .
The advantage is that when one completes this simple process of this bitcoin trading setup, they will automatically receive these transactions from provider that they choose copied to their accounts. The trade will now execute in real-time on your MT4 software as soon as they are generated.
For More Details, read these two guides:
6. TET - Trusted Execution Token Model in BTCUSD Trading
Trusted Execution Token or TET model is the MQL5 automated cryptocurrency signal system. This is how the TET model works:
Once you've registered, all you have to do is to choose a bitcoin trading provider. Once you select this, your platform will then connect to this btcusd copy trading signal through the TET ( Trusted Execution Model ) system, and all their opened trades will be automatically executed in real time on your account, it is as simple as that.
There is no need to manually execute the generated trade transactions or set-up alerts such as SMS alerts, or look for any other custom bitcoin trading signals software the trades generated are live and executed automatically by TET system
The Advantages of TET Model Are:
Minimum Delay in Trade Execution - with Trusted Execution Token/TET model trade deals are automatically executed and there is no delay between the time signal is generated and when it's copied to the trading account of the subscribing Bitcoin traders.
No need to keep your trading platform online 24 7 - ( TET ) System automatically copies all trades on your account even if your bitcoin software is not launched.
