What is a Forex signal?

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02-04-23 01:06:43

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What is a Forex signal?

Forex signals are trading suggestions for buying or selling a currency pair at a specific price and time. Forex signals are used by traders to make informed decisions about when to enter or exit a trade in the foreign exchange market.

Forex signals can be generated by automated trading systems, expert traders, or specialized Forex signal providers. These signals are designed to help traders make more informed decisions about their trades by providing them with valuable market information, such as current price trends, support and resistance levels, and market analysis.

Forex signals can be delivered via various channels, including email, text messages, or a trading platform. Some Forex signal providers offer free signals, while others charge a fee for their services.

Forex signals are not guaranteed to be profitable and there is no guarantee that traders will make a profit by using them. Traders should always use caution when using Forex signals, and they should also conduct their own research and analysis before making any trading decisions. Additionally, traders should always have a solid understanding of the Forex market and the risks associated with Forex trading before they start using Forex signals.

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NOTE: You can only share open-source Forex robots on this platform. Sharing hacked or unauthorized versions of copyrighted Forex robots is strictly prohibited and can result in a ban on your account.

The content on the MT4talk website is created by its users (MT4talk forum members). MT4talk does not sell Forex robots and does not offer support for them. MT4talk only offer PRO membership which allows for unlimited downloads of content from any forum topic or post. The updates for Forex robots may be limited or not happen at all, depending on who created the robot.

We are testing Forex robots in real-life conditions! We use a demo account to test some of the robots and the results are still accurate. We are not financial advisors and cannot advise you to invest your money. Our aim is to find good market analysis solutions using different strategies that can benefit our community.

CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS, IN GENERAL, ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

Disclaimer - No representation is being made that any Forex account will or is likely to achieve profits or losses similar to those shown on backtests in this forum. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. Hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. All information on this forum is for educational purposes only and is not intended to provide financial advice. Any statements posted by forum members or the MT4talk EA Tester Team about profits or income expressed or implied, do not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold the MT4talk team and forum members of this information harmless in any and all ways.

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