***Please if your here to bash signals, save your typing and go somewhere else.
This thread is to identify the things to look for, to ensure the signal(s) that a trader, wishes to subscribe too, doesn't blow up in his face, waking up the next morning and his account is drained.
Please add to this discussion to the help amateur traders, the community and anyone that is looking to ensure they are making the right decision.
https://www.mql5.com/en/signals/mt4
When we consider, what to look for with signals we must realize, that this is a multi-leveled approach. Growth over drawdown, Growth or MFE, or MAE ? Profit Factor vs win rate ?
All these aspects combined can make for a very difficult time, finding the right setup. Especially when players on the Mql market our able to manipulate the statisitcs to give the appearance of solid signal, when in fact that are horrible. So lets pick one and begin.
***Their are other websites, that offer signals but they dont offer an in-depth statistical break-down compared to mql, so we won't be looking at those.
This thread is to identify the things to look for, to ensure the signal(s) that a trader, wishes to subscribe too, doesn't blow up in his face, waking up the next morning and his account is drained.
Please add to this discussion to the help amateur traders, the community and anyone that is looking to ensure they are making the right decision.
https://www.mql5.com/en/signals/mt4
When we consider, what to look for with signals we must realize, that this is a multi-leveled approach. Growth over drawdown, Growth or MFE, or MAE ? Profit Factor vs win rate ?
All these aspects combined can make for a very difficult time, finding the right setup. Especially when players on the Mql market our able to manipulate the statisitcs to give the appearance of solid signal, when in fact that are horrible. So lets pick one and begin.
***Their are other websites, that offer signals but they dont offer an in-depth statistical break-down compared to mql, so we won't be looking at those.
Learn, a forex trader must, unlearn and relearn he will.