Two Types of Trading Signals
Signalator offers various signals for various currency pairs. All signals are based on fundamental, technical and recent performance analysis. To offer the most profitable and the most efficient trading signals our trading signals vary by trading approach, time frame, trading intensity, average monthly results, risk-reward ratio, levels of TP and SL and by many other options. However, we may derive two major groups to split all the signals we provide. Trend Trading and Reversal Trading. The underlying trading style is very different from one another, hence there are both pros and cons for each.
Depending on your trading expectations and requirements you may choose the most appropriate type of signal for your current market activity. Signals may be grouped within a signal set (a group of signals traded together) to benefit from diversification, lower risks and higher profits. Check trading with a signals set.
For one currency pair there could be several different signals (e.g. one trend, two reversal signals). Further, you will find a detailed explanation of signals type and the full list of currently available signals.
| TREND SIGNALS |
Trend signals are designed to benefit from following a trend. Normally, you shall expect new trades opened once there is an up or downtrend. In most cases, a TP level is many times more than an SL level (e.g. 150 pips TP level and 20 pips SL level). The second most noticeable characteristic of such signals is a very low number of trades per month. The winning and efficiency rate of these signals is also much higher compared to reversal signals. Though this type of signals is very popular, there is one obvious disadvantage - it requires strong movements to open a trade and to make decent profits. Lack of such movements may lead to many small losses or the absence of trades in general. A position may remain open for several days or even weeks.
OVERVIEW: high-efficiency signals with high profits, high Profit-to-Loss ratio, low volume of trading, very small SL levels, high TP levels. |
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| REVERSAL (COUNTER-TREND) SIGNALS |
Reversal signals benefit from up and down movements (side, jigsaw market) when price moves within a channel with strong support and resistance levels. In most cases, a TP level is several times less than an SL level (e.g. 30 pips TP and 150 pips SL level). Though the risk/reward ratio is not commonly accepted to be valid for trading, this is not the case for the forex market when you make 20-40 trades a month. Contrary to the Trend signals, the Reversal signals make many trades a month. The profit level is either on the same level or even higher compared to the Trend signals. Reversal signals have significantly more conditions for trading compared to the Trend signals and hence benefit from high market involvement. Mostly short-term intra-day trading.
OVERVIEW: high-volume trading, medium to very high profits, small TP levels |
Signals Extensions
Signals and services offered throughout the website may include various extensions for clear distinguishment. Further, you will find all the extensions we use with descriptions and examples.
EA (Expert Advisor)
EA extension is used to describe trading robots we offer (e.g. EA EURUSD, EA Gold). Such robots generate signals and make trades based on rules coded within a robot. You may use any available subscription option to use these signals including a one-time payment. Unlike signals without an EA extension, the robot generates trades based only on rules coded within the robot, whereas signals without such extensions are based on a combination of robots, human intervention and other factors.
TREND (Trend Signals)
Signals with a Trend extension use trend trading as the basis (read more above). For example, Gold Trend.
MINI (Signals with smaller SL / TP levels)
For some popular currency pairs we do provide several signals at the same time, e.g. Gold, EA Gold, Gold Trend, Gold Mini. The MINI extension describes signals with smaller SL / TP levels compared to other signals of the same currency pair. For example, Gold Mini has a 110 pips SL level compared to 260 pips SL of the Gold signal.
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