COMPARE TRADING SIGNAL SYSTEMS
-COMPARE SYSTEMS-
A trading signal can be seen as a sign of an important upcoming market movement. This sign alerts traders to instantly buy or sell the market at an early stage of the market movement.
A trade signaling service usually operates as a monthly subscription service. But there are also trading systems that are programmed to generate trade signals based on their complex algorithms. These systems are purchased ones and can be used in unlimited MT4/MT5 accounts.
These are some popular MT4/MT5 trading signal generators.
TRADING SYSTEM |
ASSETS |
SIGNALS / PLATFORMS |
DELIVERY METHODS |
COST |
LINKS |
◙ 1000 PCS
|
■ Foreign Exchange ■ 6 Forex pairs |
◘ Trading signals for beginners and advanced traders ◘ 15-minutes to 4-hour charts ◘ Rule-based and fully mechanical trading algorithm ◘ Precise trade specifications |
|
> 97.00 USD (One-time fee) |
|
◙ EA BUILDER
|
■ Foreign Exchange ■ Energy ■ Metals ■ Stocks & Indices |
◘ Create custom trading signals ◘ All timeframes ◘ Advances Technical Analysis tools ◘ Money Management ◘ Convert your ideas into Expert Advisors (EAs) ◘ Education (tutorials & videos) ◘ MT4 / MT5 / TradeStation |
|
> Free for creating indicators > 97.00 USD (One-time fee) for creating EAs
|
|
◙ FOREX TRENDY
|
■ Foreign Exchange ■ 34 Forex pairs |
◘ Trading signals for beginners ◘ 9 timeframes ◘ Trend Analyzer ◘ Custom Interface ◘ All trading platforms ◘ Recognizing Triangles, Flags, Wedges, and Trendlines |
|
> 37.00 USD / 3-Months
|
Trading Signal Categories
A trading signal that is based on technical analysis can take various forms (intraday, daily, swing signal). These signals are usually triggered by price breakouts, reversal/continuation patterns, etc. But a trading signal can also be generated via the use of fundamental analysis. For example, due to unexpected fundamental changes, the price of gold is expected to move 3-5% higher.
In general, trading signals can be categorized based on their delivery method (manual and automated trading signals).
- Manual Trading Signals
Manual trading signals are delivered via email, SMS, on-screen, or even via Social Media.
- Automated Trading Signals
Automated trading signals are delivered via a copy-trade mechanism on MT4, TradeStation, and similar trade platforms. There are hundreds of automated signal providers online.
MORE: » ONLINE FOREX BROKERS COMPARISON
■ Trading Signals
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