i was going though mt4 signal service found few things,
first i serched with popularity wise
1.most popular systems usually dont loose money but they employ recovery system like averaging,martingle,hedging etc.
2.they have higher drawdown 20-40%.
3.they have descent monthly gain 5-10%.
2nd i serched by Profit factor and drawdown wise.
these are really efficient.
1.no everaging no martingle no hedging
2.profit factor are good 2.5+,DD are very less 3-5%, monthly gain 5-15%.
i liked those.but problem is these are mostly sculper average trade holding time is 1-3 hour.so if there is slipage,delay deu to latency
issue they will not perform well.
if anyone have any experience regarding mt4 signal service pls share.
first i serched with popularity wise
1.most popular systems usually dont loose money but they employ recovery system like averaging,martingle,hedging etc.
2.they have higher drawdown 20-40%.
3.they have descent monthly gain 5-10%.
2nd i serched by Profit factor and drawdown wise.
these are really efficient.
1.no everaging no martingle no hedging
2.profit factor are good 2.5+,DD are very less 3-5%, monthly gain 5-15%.
i liked those.but problem is these are mostly sculper average trade holding time is 1-3 hour.so if there is slipage,delay deu to latency
issue they will not perform well.
if anyone have any experience regarding mt4 signal service pls share.