Trading Signals
Trading signals are initiated for traders who cannot make trading decisions and need some help in order not to waste their time and money. They are provided for free or are sold by signal providers.
What Are Forex Trading Signals?
Forex trading signals can be defined as analysis that help traders to decide whether to open long or short positions at certain time. The signals are supplied to the subscribers of the Forex signal service and are communicated through immediate methods like RSS, SMS, website, email and telephone. Traders can subscribe either to paid or free signal services and be alerted as soon as an opportunity will arise in the market.
Mainly trading signals are used by those traders who are not experienced and thus prefer using others’ trading experience. Clients of IFC Markets have an opportunity to become a provider of trading signals and a subscriber to the trading signals in MetaTrader 4 platform.
Signals for MetaTrader 4
MetaTrader 4 platform is equipped with the trading signals service. Traders can provide signals to each other and also can subscribe to services, providing signals. In mql5.com website one can choose the broker’s server and see corresponding signals which can be sorted by rating, growth, etc. The trader just needs to choose the one and subscribe to the service. In mql5.com each trader can subscribe to several trading signals, but each account may have only one subscription to a trading service. In addition, traders can find scripts, indicators, books, trading robots that provide trading signals. The website provides tutorials for creating own indicators and many more.
Forex trading signals may be very useful for traders that do not have much experience in the markets, but surely they need to understand that there are no signals that can predict the market for hundred percent, that is why sometimes the predictions may fail and result in traders’ losses.
IFC Markets is a leading innovative financial company, offering private and corporate investors wide set of trading and analytical tools. The company provides its clients with Forex and CFD trading through its own-generated trading platform NetTradeX, which is available on PC, iOS, Android and Windows Mobile. The company also offers MetaTrader 4 platform available on PC, Mac OS, iOS and Android. You may compare the advantages of both platforms.
