Level 1 · Lesson 4 · 1 min read
How to read a TradeSignalos signal
A signal arrives in the bot and contains everything you need for the trade. Let's go through it line by line.
1. Header
- ⭐ H1 — main signal, highest quality. ⚡ M15 — medium-term, 🔸 M5 — fast.
- Instrument — for example GOLD (XAUUSD), EUR/USD or BTC.
- 🟢 BUY — buy, 🔴 SELL — sell.
2. Prices
- Entry — the price to open the trade.
- Stop — where the trade closes with a small loss if the idea fails.
- Targets TP1 · TP2 · TP3 — where we take profit, from nearest to farthest.
- Indicator — which strategy produced the signal (Level Engine, SMC Sweep, TradeSignalos PRO and others).
3. Buttons under the signal
- 📈 Chart — opens the instrument chart so you can see the situation.
- 🧮 Lot — choose balance and risk, the bot shows the exact lot and the loss at the stop.
Opening the trade — step by step
- Tap 🧮 Lot and get the lot size for 1% risk.
- In MT5 find the instrument and open a trade in the signal direction (BUY or SELL).
- Immediately set the stop-loss and the first target from the signal.
- If price has already moved more than a third of the way from entry to TP1, don't chase — wait for the next signal.
- When price reaches TP1, move the stop to breakeven (to the entry price).
All signal results are visible on the website under «Live» and in the bot under «📈 Results».