MT4 Signals Tab

Hi guys,

I randomly found the "Signals" tab in MT4 and took a quick look at it. It seems that it is possible to subscribe to a signal provider and take the signals they are sending out?

I was never a big fan of signals since I prefer trading on my own, but does anyone have experience with these kinds of services - I am simply curious? Some seem to have high win rate and a high equity growth, but everything that seems too good to be true, really isn't.

Input would be much appreciated.

ok, there was once a guy whos signal had the name 'style of profitable trader' (don't know if you can still see it on mql5.com).
He had around 13.000% and many people subsribed there, cause everyone thought "its official verified on mql5, cant be wrong".
What mql5 couldn't control was what his broker was doing (broker actually sending out profit/loss stats, trades were taken, aso.)
It figures out the guy had some sort of special relation ship to the broker, the broker was manipulating the win-ratio (win/losses) and gave him the best trading results.
More and more people started to complain, becasue what they had subscribe to differed from what you could see officially.
I think now the guy seems to be taken out.

I think this is a special (more or less one time) issue; there are indeed good providers out there, check Yi Zong or the signal of a guy who sells the EA Grid Hero.
Don't think they are cheating.

I have also heard similar story from many pro traders! And of course, I never have invested any single $ on taking any signal service! I love manual trading & believe this is the only one way of money making from this finical market.

Nowadays, PAMM and copy trading service is popular! And I see, few investors are sharing their positive reviews; it’s a good sign for the investors! I think, these types of services are much useful than the signal service.

Okay, seems like signal services are very rare to find, especially the good ones. I am currently very limited with time and I thought about either subscribing to signaling service or subscribe to someone who I can copy trades from.

But again, finding someone who is legit and profitable is my main issue currently. I trust people only who have experience with a provider themselves.