Forex trading signals automatically duplicated onto your forex trading account, known as automated forex signals

Frequently Asked Questions

How much does the service cost?

You can buy one Week for $20; Or choose a Monthly Subscription of $80 per Month;
In order to have FULL access to all our service you should choose either a 6 Months Subscription of $300 ($50/Month) OR a Yearly Subscription of $500 ($41.6/Month);

Do I need to have MT4 open and running for the signals to be received and executed?

Yes, you need to have your MT4 platform open and running and your computer connected to the internet. As long as MetaTrader is closed, MyFXSignals cannot control any of your trades.

If I open up my own manual trades in the same currency that the trading strategies autotrade in, will my trade get interfered with?

MyFXSignals_Receiver manages only those trades previously opened by the EA. Therefore trades that you open manually do not interfere with trades opened by us. However, if your broker does not accept hedging, we suggest you not to open any other trades. Also, partially closing a trade opened by MyFXSignals stops us from controlling that specific trade, meaning you will have to close it manually.

I wish to trade System 1 with 0.3 lot size, System 2 with 0.5 lot size and System 3 with 0.1 lot size. Is this possible?

Yes, that is possible. Please Login, then go to System 3 and resize it to 1; the same for System 1 which should be resized it to 3; then to System 2 and resize it to 5. In the Expert Advisor you should set the Lot size to 0.1

If I close a trade because I want to take profit at that point and then price reverses, will that trade reopen when price reaches the entry zone?

The Expert Advisor will not reopen a "Market Order" that has been opened and manually closed by you. However it will reopen a "Pending Order", to make sure you have an exact duplicate of our trades on your account. And if the "Market Order" that has been manually closed, is active for more than a month, it will be reopened the next month when price reaches the entry zone.

If I partially close a trade, will that trade still be managed by you?

Warning! Partially closing a trade opened by MyFXSignals stops us from controlling that specific trade, meaning you will have to close it manually.

How many charts should I attach MyFXSignals_Receiver to?

MyFxSignals_Receiver should be attached to only one EURUSD 5M chart. It automatically trades on several currencies and timeframes depending on the systems that you enable via MyFXSignals website. Warning! Do not attach the EA to multiple charts, or you run the risk of duplicate trades being opened!

The Forex broker I use utilizes 5 digits and not the standard 4, will this be a problem?

Our systems were made to function with both 4 digits and 5 digits brokers, on standard, mini or micro accounts as well.

What is Grid Forex trading strategy?

Grid Trading is a type of Forex trading that attempts to take advantage of the natural back and fourth motion of the market by placing orders both above and below the current market price and "catching" profits as the market moves. The appeal of this type of trading is that the model requires almost no forecasting of the market direction.
Grid trading is a strategy designed to reduce risk by making the success of a trade independent of the direction the market moves. It can be an effective approach provided the currency traded is not caught in a strong upward or downward trend (in which case grid trading will not work well).

How do I pay for this service without subscribing?

Please Login and go to Payment / Settings / Log out (from the 'Home' page).
From there you may choose 'Buy 1 Week ($20)' option.

How do I subscribe?

Please Login and go to Payment / Settings / Log out (from the 'Home' page).
From there you may choose the 'Monthly Subscription ($80)' or '6 Months Subscription ($300)' or 'Yearly Subscription ($500)' option.

My current subscription: What is my next payment date?

Please Login and go to Payment / Settings / Log out (from the 'Home' page).
Unless you have unsubscribed (cancelled auto-renewal), your next payment date will be displayed there.

My current subscription: How do I cancel my subscription?

To switch off auto-renewal, please Login and go to Payment / Settings / Log out (from the 'Home' page), click on the Unsubscribe button and follow the instructions from PayPal. You will need to do this at least 24 hours before your next payment was due to be taken, or it will renew automatically.

Do not hesitate to contact us, should you require further information.