FOREX TRADE SYSTEMS & SIGNAL PROVIDERS
Compare Trade Signaling Systems for MetaTrader4 and MetaTrader5. The below comparison table includes Signaling Interfaces, MT4 Indicators, and Subscription Services (trading room).
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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 can 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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◙ X SCALPER (MT4 Indicator) |
XScalper ■ All Major Forex Pairs ■ M1 and M5 timeframes ■ 3 modes (conservative, medium, and aggressive) |
■ Plugs-in MetaTrader-4 ■ User-friendly for beginners (step-by-step user guide) ■ 2 Visual Confirmations |
■ Email Alerts ■ SMS Alerts ■ Pop-up (Sound) Alerts
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■ 147 USD (Lifetime License) ■ email support ■ Paypal and Credit/Debit Cards
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◙ RAPID TREND GAINER (MT4 Indicator) |
Rapid Trend Gainer ■ Trades any currency pair ■ Works on M15, M30, H1, H4 and D1 timeframes |
■ Plugs-in MetaTrader-4 ■ User-friendly for beginners (includes live trading examples) ■ Provides Take Profit, Dynamic TakeProfit, Stop-Loss |
■ Email Alerts ■ SMS Alerts ■ Pop-up (Sound) Alerts
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■ 87 USD (Lifetime License) ■ 24/7 email support ■ 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 code created in MQL language which plugs in the electronic platform MetaTrader-4 or MetaTrader-5. This indicator aims to analyze 24/5 the currency market and to create automated suggestions for entering long/short trades. MetaTrader 4 is a free trading platform widely used by online retail brokers and traders.
Does an MT4 Indicator Trades on its own?
No, that is the job of an Expert Advisor or else a Forex Robot. Indicators simply analyze the market and generate suggestions for entering/closing trades.
What is a Forex Signal Provider?
A Forex signal provider is a professional trader or a team of professional traders that offer a suggestion for entering a trade. This suggestion includes a specific price and time, and usually a stop-loss, and a take-profit order. The trading signal is provided to subscribers of the forex signaling service. This is what is included in a trading signal:
(1) The specific price and time to open a position
(2) The direction of the market
(3) A stop-loss order and a take-profit order
(4) The price level at which traders should move their stop-orders to lock their profits
■ Forex Trade Signals Comparison
ExpertSignal.com
