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Mirror signal systems Discussion

Jul 06, 2010 at 08:11
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Member Since Oct 28, 2009   1424 posts
Jul 06, 2010 at 08:11 (edited Jul 06, 2010 at 08:14)
There's currently an interesting thread going on with regards to mirror signal provider Tradency.

It might be worth having a reviews section dedicated to mirror signal providers so that people can share their experiences of this business model as there are now several players in the market and having tried four of them I can say that it would benefit the public to be able to see on one site the various issues and benefits of each company.

These are the ones I am aware of.

Tradency
ZuluTrade
ZipSignals
Collective 2
RentASignal
GfSignals
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
Member Since Jul 31, 2009   1444 posts
Jul 06, 2010 at 11:21
That's an excellent suggestion and we'll sure implement it. If you find out about any other signal services, do let us know.

Thanks!
Member Since Aug 20, 2009   216 posts
Jul 12, 2010 at 11:35
Third party signal providers might not even be needed when MT5 comes out. There is a thread on forexfactory.com dealing with this. MT5 has a facility where the terminal receives a signal directly from an AOL session using the Oscar protocol. Trouble with the signal providers as they presently operate is the delay between sending the signal and having it execute on a remote client.
If only MT5 would come out ......
Member Since Oct 28, 2009   1424 posts
Jul 12, 2010 at 11:50
MT5 is out with some brokers I think.
The mirror signal providers don't just provide the ability to clone signals. If that's all they did then everyone would just use signal copiers.

They remove the need to carry out account admin, carry the liability burden if things go wrong and perform marketing duties amongst other things. I can't see them going away. I can however see them getting more reliable and better.
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
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