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The signal can be compared to good advice: what currency or financial instrument should be bought to make a profit. A trading signal is information about opening or closing a deal (position) on a particular financial instrument.
Reacting to the signal, the automated trading platform installed by the trader makes a deal by itself, buying or selling the asset (currency pair) specified in the signal.
There are paid and free signals.
The signal can be compared to good advice: what currency or financial instrument should be bought to make a profit. A trading signal is information about opening or closing a deal (position) on a particular financial instrument.
Reacting to the signal, the automated trading platform installed by the trader makes a deal by itself, buying or selling the asset (currency pair) specified in the signal.
There are paid and free signals.