Tag: forex signals

Advantages of using MetaTrader Signals Service

Advantages of using MetaTrader Signals Service

Trading Articles
For most traders, subscribing to a forex trading signals service can be a harrowing experience. From manipulated trade history to improper trade management and outright scams, hunting for a good trade signals provider requires time, efforts and a good deal of money (which you have to inadvertently risk) and patience (as you try to fight your refund claims) as you go about evaluating a forex signals provider. The MQL5 Trade Signals service aims to eliminate all the loopholes usually found with a trade signals system and offers a neutral and a transparent forex signals marketplace for traders. In this article, we take a look at some of the most common loopholes in using a forex signals service and how MQL5 trade signals service can eliminate these critical issues. You can also read this a...
Introduction to MQL5 Trading Signals

Introduction to MQL5 Trading Signals

Trading Articles
The MQL5.com trading signals service is a proprietary service offered by MetaQuotes Software Corp and addresses one of most critical element that is often manipulated by third-party forex signals services, which is transparency. With the ability to connect a signal provider's MT4 or MT5 terminal, other users who wish to make use of the forex signals service from MQL5.com simply need to register an account for free, connect their MT4 and choose one of the many forex signal providers listed on the site. MQL5 Trading Signals Service For those who have any experience of using a forex signals service often might have come across signal providers who tend to manipulate the losing trades by either reducing the number of pips lost in a trade or completely mask such losing trades in order to p
How to choose a forex signals service

How to choose a forex signals service

Trading Articles
Forex signals, in the most basic terms are buy and sell signals sent to traders from the signals provider. The advantage with forex signals is that for those who are constrained by time, forex signals are a great way to enter/exit the markets and to make considerable profits without having to invest too much of time upfront. There are so many forex signals service providers now a days that at times it tends to confuse the trader as to which forex signals provider to choose. This article aims to help the reader in doing some basic research before signing up for a forex signals provider and also gives a few recommendations on some tried and tested forex signals service providers. Do most forex signals work? The answer is highly subjective and varies as per different criteria and paramet...
How to use Economic Data in forex trading

How to use Economic Data in forex trading

Financial Markets Explained
In this article we explain how to use economic data in forex trading. The following indicators in forex are beneficial to a more profitable trading in forex. We take a look at some of the economic data that can be used as indicators in forex. Remember that economic indicators usually contain revisions to previous data sets. So although the importance of figures lies in the extent to which they fall outside market expectations, be aware that an unexpected rise could be the result of a downward revision to the previous month. So look at revisions to older data before you use this as a basis for making a trade. Consumer Confidence Index (CCI) This is published on a monthly basis in the USA and is seen as one of the most accurate indicators of confidence. When consumers are more confide...