How to read trade entries

A signal may include:

• Trading Instrument — the trading instrument;
• Direction — the trade direction;
• Entry — the entry point;
• Stop Loss (SL) — the level that limits your loss;
• Take Profit (TP) — the profit targets.

For example:
XAUUSD — BUY
Entry: 3345
SL: 3335
TP1: 3355
TP2: 3365

Now let’s go through each parameter.

This is the asset on which the trade is to be opened.

Our system uses:

• XAUUSD — CFD on gold against the US dollar
• XAGUSD — CFD on silver against the US dollar
• EURUSD — euro / US dollar
• NZDUSD — New Zealand dollar / US dollar
• USDCAD — US dollar / Canadian dollar
• AUDUSD — Australian dollar / US dollar
• USDJPY — US dollar / Japanese yen
• GBPUSD — British pound / US dollar
• GER40 — CFD on the German index

This shows which way the price is expected to move.

• BUY — means the price is expected to rise / the price should move up.
• SELL — means the price is expected to fall / the price should move down.

Always check the direction of the signal before opening a trade.

Entry — the price at which you plan to open the trade.

For example:
XAUUSD BUY
Entry: 3345

This means a BUY trade is planned from the stated entry point.

Stop Loss (SL) — the level at which the trade closes automatically if the price moves against you.

For example:
Entry: 3345
SL: 3335

If the price falls and reaches 3335, the trade will be closed at the Stop Loss.

SL is used to control risk and limit potential losses.

Take Profit (TP) — levels set in advance at which profit can be taken.

A single signal may have several Take Profit targets:
TP1
TP2
TP3, and so on.

The bot splits the total trade volume into separate positions for these targets. Each position closes automatically when its own Take Profit is reached.

For example:
Entry: 3345
TP1: 3355
TP2: 3365
TP3: 3380

With a signal like this, three separate positions are opened.
The first one closes when TP1 is reached, the second when TP2 is reached and the third when TP3 is reached.

Receive the signal in Telegram
↓
Check the trading instrument
↓
Check BUY / SELL
↓
Check the Entry — the current price is within the acceptable entry range
↓
Pass the signal parameters to the trading bot
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The bot opens and manages the position in MetaTrader 5

The Stop Loss and Take Profit values are passed to the bot along with the rest of the signal data.

If the signal has several Take Profit targets, the bot opens a separate position for each target and closes it automatically when the corresponding TP is reached.

Trading signals arrive in Telegram.

Once you’ve received a signal, you can use the trading bot inside Telegram to work with the trade parameters, while the position itself is opened and managed in MetaTrader 5.

Every signal contains specific parameters:

Instrument → Direction → Entry → Stop Loss → Take Profit

Your job is to read the signal correctly and follow the stated parameters — not to change them yourself or make additional trading decisions without the relevant instructions.

• What if the price has already moved away from the Entry?
  Skip the entry.
• Should I wait for the price to return to the Entry on the same signal?
  No. Once the price has moved past a signal, that signal is considered outdated, even if the price later comes back to the original level.
• What if the order was placed right away and is simply waiting for the Entry price?
  That’s a different situation: a pending order placed on time is waiting for its price as intended. The “don’t chase” rule applies to missed signals.
• Should I open at the current price?
  No. You enter only within the stated range.
• Should I wait for a new signal?
  Yes.
• Is there an acceptable deviation range?
  Only the one stated in the signal.

• Read a signal in order: instrument → direction → Entry → Stop Loss → Take Profit.
• BUY means a rise is expected; SELL means a fall.
• If the price is outside the entry range, the trade is not opened.
• Several TP targets mean several separate positions.
• Don’t change the signal parameters yourself.