How To Subscribe To MQL Forex Signals With Brokers That Do Not Have Signal Tab

This guide presents solutions for traders who wish to subscribe to MQL's signal services but do not have the Signal Tab installed on their platform.

Metaquotes integrated some functionality like Signal Tab, Market, Code Base, e.t.c into MT4. However some MT4 Platform do not have the Signal Tab because some brokers stopped supporting it, and took it off due to reasons best know to them.

 

MQL has one of the largest auto signal services, which directly places trades on subscribers platform. They have about 3,670 trading signals available for subscription as at 30th April, 2014, while the community has grown to over 236,910 users as at May, 2014.

(02/06/2014) Update!!! HotForex has launched MQL Signal Services on their Trading Platform. Click here for more info or Open a HotForex Account and subscribe directly to MQL's Signal Services Providers.

 
If your platform does not have the Signals Tab or your broker does not support it then follow the steps below:

1. Open an account with a broker that supports signal trading from MQL. A demo account is sufficient. I recommend AxiTrader


2. Configure the demo account with a deposit higher than your original account size. For example if your account is $1,000.00 then use either $1,000.00 or $2,000.00 preferably on the demo account. The master account sometimes get depleted due to some uncontrollable factors so its better to increase the deposit on the master account and replenish it more often. The client has more filtering features to control and discard bad trades.





3. Configure the signal services in the demo account. See Axitrader Signals Guide


4. Select a signal service provider from the list of providers in the signals tab, or goto www.mql5.com to subscribe directly to a signal provider.


5. Download a Forex Copier Application. You will need this to copy signals from the demo account to your real account. I recommend Forex Copier, LTC Copier and Trade Copier Software


6. Install the Forex Copier Application to the server (master) and client (slave) platforms. The server platform will be the demo account which has the Signal Tab, while the client platform is your platform, which would copy the trades from the demo account platform.


7. When configuring the Forex Copier ensure that the following features are configured properly; Lot Multiplier, Risk Ratio, Lot Size, Pending Order Manipulation, Synchronization, Magic Number, News Feature, Reverse Trade, Filters.


8. Ensure you have subscribed to a signal provider before going to step 8. See picture below for a subscribed signal service on a master account.


9. Open the platform with the demo account, and attach the Forex Copier to a chart (preferably EURUSD). Please follow the instructions from the Forex Copier User Guide.


10. Wait for sometime for synchronization to take place. Usually if there is an ongoing trade the Forex Copier would require your confirmation to copy them or you can configure an automatic action.


11. Give sometime before opening the receiving platform (client) in order to enable trade synchronization to be sorted out in the master platform. This is necessary to guide against copying negative trades.


12. If step 1 to 12 is done correctly then trades would be copied from the master to the client whenever the signal provider places an order.

CAUTION AND TIPS

1. Do not use proxy internet connection, and do not turn off your platform rapidly.


2. I strongly recommend using a reliable VPS Provider to ensure 100% utilization of the trade signals so that you will not miss important signals when your computer is off or when you go offline.





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3. The quality of your internet connection is crucial to how fast the signal trades are synchronized, copied, modified, and manipulated.


4. The quality of your computer system resources matters a lot in terms of the ability to handle speed, and processing (See: How To Fix Slow & Frequent Crashing Platforms).


5. You can manually manipulate the trades on the server and master platforms (i.e. adjust TP, SL, TS, e.t.c.).


6. Always monitor the signal provider's trade performance against the trades sent to your account. You can check this MQL website.

Feel free to contact us if you experience any issues with the guide above.

Further Reading:

1. Top 5 VPS Providers
2. Why You Might Need A Forex VPS Service
3. Guide To Selecting A Forex VPS Provider 
4. How To Convert Your Trading Strategy Into Forex Signal Services

Top 7 MT4 Forex Signal Providers

This article reveals our newly reviewed Top 7 Forex Trading Signals from MQL's Community Signal Providers. 

NB: Real time performance widget has been added for each signal. Ranking can be frequent or often as performance changes. *(Lastest update 29th April, 2016)

MQL is the developer of the renowned Metaquotes Software Product (MetaTrader 4 and 5). They have over 5,160 closely monitored trading signals available for subscription as at April 15th 2016. The community which has one of the largest users reaching up to 500,000 plus members creates a platform that allows Forex professionals & traders to share  & sell Forex resources, as well as signal services, which are automatically executed on subscriber's MT4 account.

HotForex Supports MQL Signals Directly On Its Platform. No Commissions Or Hidden Charges

What's interesting is that these signals are integrated into the MT4 Platform build 500 and above, which makes it very easy to subscribe for a signal service right from the trading platform. Some signals are FREE while others require payments in monthly, weekly, and other flexible plans.

NB: If the Signal Tab is not enabled in your platform or your broker does not support it then read this tip - How to subscribe to MQL Trading Signals For Platforms That Do Not Have Signal Tab.

DISCLAIMER NOTICE: Past performance figures does not guarantee future performance results. The providers of these signal services including MQL are solely responsible for any issues that might result out of unwarranted or uncertain circumstances. Subscription to any of these signals is at your personal choice.

Here are the Top 7 Signal Providers from over 5,160 Forex  Signals in MQL Community Signal Services.

1. Pound Aussie Real

Brief

Existing

A new signal takes over as the No. 1 Top Signal on our chart with a profit factor of 2.64%.     The account which has over 1.3M subscriber's fund has achieved a profit level of 29,951.61 CAD.  Statistics *(as at publishing time) All-time Growth - 921.47% Monthly Growth - 3.66% Annual Forecast - 44.40%  Max Drawdown   - 44.10% Trades taken so far = 1059 (770 Profit Trades & 289 Loss Trades) Active Subscribers: 473 Subscriber's Fund:  $1,300,000.00  Price $30.00/mth

Since: Jul-15

2. Q2FX

Brief

Existing

Q2FX takes the second spot in our ranking, and below the 1st ten positions amongst over 5,160 signal providers in MQL Community. No details were given about the signal provider's trading strategy on MQL's website.    The account which has been running for more than 43 weeks has achieved a tremendous profit level of over $70,865.53 as at publishing time. Statistics *(as at publishing time) All-time Growth - 1,416.60% Monthly Growth - 6.93% Annual Forecast - 138.46% Max Drawdown   - 10.40%   Trades taken so far = 2301 (2,042 Profit Trades & 259 Loss Trades). Active Subscribers: 119 Subscriber's Fund:  $843,000.00     Price $25.00/mth

Since: Sept-15

HotForex Supports MQL Signals Directly On Its Platform. No Commissions Or Hidden Charges

3.Correlation Trading

Existing

Correlation Trading takes over Magic Profit on the 3rd spot of our ranking. It is quite one of the oldest signal provider amongst the top 7 on our ranking.    Statistics on MQL website shows that the account has grown to over $122,587.41 in profits. Statistics *(as at publishing time) All-time Growth - 1,173.48% Monthly Growth - 3.71% Annual Forecast - 45.03% Max Drawdown   - 31.83%   Trades taken so far = 3,305 (2,052 Profit Trades & 1253 Loss Trades). Active Subscribers: 20 Subscriber's Fund:  $122,587.41  Price $50.00/mth

Since: Mar-12

5. One of Its Kind

Brief

Existing

On the 5th spot in our ranking is a unique signal provider running for over 128 weeks. The drawdown on the account is too high, hence mql placed a warning on this signal. Details of the signal strategy was not stated on MQL's website. The account has made over $96,302.04 in 128 weeks.  Statistics *(as at publishing time) All-time Growth - 4,646.36% Monthly Growth - 6.48% Annual Forecast - 78.64% Max Drawdown   - 95.10%   Trades taken so far = 537 (465 Profit Trades & 72 Loss Trades). Active Subscribers: 52 Subscriber's Fund:  $384,000.00     Price $100.00/mth

Since: Nov-13

6. George Soros

Brief	Existing
George Soros replaces Blitzkrieg on the 6th spot. The signal provider has made a profit of $9,280.72 Statistics *(as at publishing time) All-time Growth - 2,520.87% Monthly Growth - 12.26% Annual Forecast - 148.74% Max Drawdown   - 43.45%   Trades taken so far = 1,245 (903 Profit Trades & 342 Loss Trades). Active Subscribers: 37 Subscriber's Fund:  $203,000.00    Price $20.00/mth	Since: May-15

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7. Asia Balance

Brief

Existing

On the 7th spot is a prolific trading signal developed by Vitaliy Boltenkov. It is a fully automated system that trades in Asian session. New trading pairs (EURCHF, EURGBP, USDJPY & USDCHF), were recently added to the list of trading pairs in the system.   The sum of $375.61 has been made as profits since the signal system started. Statistics *(as at publishing time) All-time Growth - 375.61% Monthly Growth - 10.51% Annual Forecast - 127.51% Max Drawdown  - 18.71%   Trades taken so far = 207 (172 Profit Trades & 35 Loss Trades). Active Subscribers: 172 Subscriber's Fund:  $165,000.00  Price $20.00/mth

Since: Jan-16

These are our Top 7 MT4 Signal Services Providers from MQL Community. Statistics of their performance are updated regularly so the ranking may change at any time. 

If your broker disabled the signal tab in your platform, then use this fix: How to subscribe to MQL Trading Signals For Platforms That Do Not Have Signal Tab.

Signal services runs 24/7 so we advise the use of a reliable VPS Provider in order not to miss any trade signal (See: Top 5 VPS Providers).

Interested traders who wishes to subscribe to any of these signal providers are advised to test first on a demo account  before risking real money.

MQL's Top 10

For further help and guide on which provider is best for you, contact us for a one-on-one guide.