FOREX TRADE SYSTEMS & SIGNAL PROVIDERS
The following comparison aims to evaluate trade signaling systems for MetaTrader 4 and MetaTrader 5 by analyzing key features such as the signaling interface, the available MT4/MT5 indicators, and trading room services.
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TRADE SIGNALS |
ASSET CLASSES |
FEATURES |
DELIVERY |
WEBSITE |
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◙ FOREX TRENDY SIGNALS (Online Interface -Trend Scanner) |
Forex Trendy ■ Forex Trend Scanner ■ Trades many currency pairs in 9 timeframes |
■ Includes its own trade interface ■ Forex Trading Signals ■ Trend Analyzer in 9 timeframes ■ Forex Educational Features |
■ Email Alerts ■ Pop-up (Screen) Alerts
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■ 37 USD / Every three (3) Months ■ Paypal and Credit/Debit Cards
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◙ EA BUILDER SYSTEM (Online Interface -Create Custom MT4 Indicators)
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EA Builder Create EAs and Indicators ■ Forex Pairs ■ Equities and Bonds ■ Metals, Energies ■ All Timeframes |
■ MT4, MT5, and TradeStation ■ Create your own Trade Strategies ■ Full Money Management Features ■ Video Tutorials ■ Create EAs without any programming skills |
■ Email Alerts ■ SMS Alerts ■ Expert Advisor Builder
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■ 97 USD / to use full features ■ email support ■ Paypal and Credit/Debit Cards
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◙ 1000PIP CLIMBER (Trading System) |
1000pip Climber ■ 6 Major Forex Pairs ■ M15 to 4-hour timeframes ■ 100% rule-based trading algorithm |
■ Manual Trading System ■ After-sales support, video tutorial, and PDF guide ■ User-friendly for beginners (step-by-step user guide) ■ Provides Entry, Take Profit, and Stop-Loss levels |
■ Email Alerts ■ Pop-up (Sound) Alerts ■ M4 Push notifications are also possible
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■ 100 Euros plus VAT (Lifetime License) ■ email support ■ Paypal and Credit/Debit Cards
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◙ 1000PIP BUILDER (Trading Signals Subscription Service) |
1000pip Builder ■ Forex currency pairs ■ 2-7 Intraday Trading Signals |
■ Subscription Service ■ User-friendly for beginners (includes live trading examples) ■ Provides Entry, Take Profit, and Stop-Loss levels |
■ Receive trading signals via email and SMS
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■ 19-44 GBP monthly subscription ■ Paypal and Credit/Debit Cards
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◙ TRADERS ACADEMY CLUB (Trading Room Signals) |
Traders Academy It includes education and trading alerts. ■ Forex Trading ■ Gold Trading ■ Selected Equities |
■ Trading Room Subscription Service ■ Trading Education via Video Tutorials ■ Private Forums with Manual Alerts
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■ Private Forum Alerts ■ Trading Room
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■ 97 USD / annual subscription ■ Paypal and Credit/Debit Cards
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What is a MetaTrader Indicator?
A MetaTrader indicator is a software program written in the MQL language, designed to run on the MetaTrader 4 or MetaTrader 5 electronic trading platforms. The purpose of this indicator is to analyze the currency market 24 hours a day, 5 days a week, and generate automated suggestions for entering long or short trades. MetaTrader 4 is a free trading platform widely used by online retail brokers and traders.
Does an MT4 Indicator Trade on Its Own?
No, that is the role of an Expert Advisor, also known as a Forex Robot. Indicators are only responsible for analyzing the market and generating suggestions for entering or exiting trades.
What is a Forex Signal Provider?
A Forex signal provider is a professional trader—or a team of traders—who recommends entering a trade. The recommendation typically includes a specific price and time, along with a stop-loss and take-profit order. These trading signals are delivered to subscribers of the forex signal service. A typical trading signal includes:
(1) The exact price and time to open a position
(2) The market direction
(3) A stop-loss order and a take-profit order
(4) The price level at which traders should adjust their stop-loss to secure profits
■ Forex Trade Signals Comparison
ExpertSignal.com
