Rating of trading signals
Max Pip FX 1.
They provide accurate signals directly via telegram, that are easy to utilize and come with full analysis. They are completely transparent and meet my expectations as a professional trader.
Their marketplace specializes in Forex signals, expert advisors, indicators and much more, but today our focus is on the signals. In this area, they have a much different approach than most commercial providers, because they allow anyone with Forex trading experience to provide signals.
While, this can scare off some potential clients, this does allow for a very diverse and unique network of traders that are rating of trading signals solely on their performance, and nothing else. Along with diverse strategies, the MQL5 market also provides verified trading results, which is surprisingly rare in comparison with other Forex signal providers.
RESULTS TRADING WITH TRADINGVIEW INDICATORS AND SIGNALS FOR 1 WEEK // FREE VERSION OF FXXTOOL PRO
In fact, traders can filter through the potential signal providers based on their results alone. So, you could analyze them and add them all up, but I contest that it would be too much work.
A forex signal by definition is a trading idea or suggestion for placing a trade on a specified currency pair or financial instrument, usually at a specific price point in time. The trading signal is generated either by an experienced trader or financial analyst or a forex robot. Then the signal is distributed by a specified signal provider or service.
They provide trade alerts to the community via mobile alerts, sound alerts and email. Like many other providers, they get traders in the door by offering free signals, and then charge a monthly fee for premium access.
Forex Trading Signals
You can see in the image above that the entry price is only available for premium members, which essentially makes the free service useless.
The performance report can be downloaded, but none of these trades are verified or in collaboration with a third party.
This is certainly not ideal. The strategy is also undisclosed, so the only way to really test this service is to use their free membership.
Started inthis provider promises an The problem with this claim, is that it puts more pressure on the vendor to provide verified trading results, but Andy does not. There is a graph on the chart that shows huge gains, but none of the information provided is confirmed by a third party. There are no details on the trading methodology.
Trades are sent directly to your mobile device via the application which can be found on Google Play, or the App Store. Price: Undisclosed.