Trading Signals Service from MetaQuotes Software Corp

Trading signal services are an increasingly popular trend in today’s forex trading environment. They provide a solution for those seeking to diversify their portfolio from just using their own signals or for those who are not willing to invest the time and effort into developing their signal systems. The market already has several solutions that are actively used by traders. Taking this into account, MetaQuotes Software Corp. (developer of the MetaTrader trading platforms) has released its own signals service which promises integrated advantages for the trading systems market.

First Published: e-Forex Magazine 50 / Product Launch / January, 2013

MetaQuotes trading signals are implemented in MetaTrader 4 and MetaTrader 5 trading platforms as a conventional function, rather than as a separate application or web site from the remote MetaTrader via MetaQuotes global servers links. Although the signal system itself is based on a fairly complex architecture - this involves a MetaTrader 4 or MetaTrader 5 client terminal, the MQL5.com web site and specially developed MetaTrader Signal Servers - the service is fairly easy to use as traders can work with signals without diverting away from their trading activity. Subscriber or Provider According to the developers at MetaQuotes, there are a few million traders who could potentially use the service, either as a signals Subscriber or signals Provider. Any trader can become a Subscriber receiving trading signals or a Provider of such signals. Client terminals act as signal showcases - allowing traders to choose a Provider and the platform where such signals will be executed. Traders register...continued

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