Temporary upgrade in data. If you get an error message when creating a signal or managing a signal, we should have this fixed momentarily 👍🏼
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System upgrade is complete. Data is up and running now. You may call and manage signals like usual ✅
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We need to change the minimum SL/TP requirement for Stocks, Crypto and Commodities so it’s easier to set a SL and TP. This change will be done in the morning. Apologies for the inconvenience
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We removed the stacking feature, so now you can only open 1 signal per pair at a time in a certain direction. This is to prevent spamming of signals and taking advantage of our upcoming change to the business model.
If we bring it back, we’ll have limitations to prevent abuse 👍🏼
If we bring it back, we’ll have limitations to prevent abuse 👍🏼
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Tomorrow around market close we’re implementing the new business model that will make following signals from various sellers affordable, while helping sellers make more money at the same time! Here is how it’ll work:
1. Buyers will buy credits.
1 credit = 1 US dollar, and we collect 5% as usual
2. The buyer can follow as many sellers as they want for free
3. When the sellers they’re following call a signal, a credit gets sent to a holding tank. If the signal closes in profit, that credit gets sent to the seller, and if the signals loses, that credit gets sent back to the buyer
This new system guarantees that a seller will not have the ability to run off with your money, and it guarantees that you are still only paying one dollar per profitable signal.
We also have safety measures in place to prevent sellers from taking advantage of the system. As an example for the Forex category, Sellers will need to close their signals at a minimum of 5 pips profit if they’re listed as a scalper, and a minimum of 10 pips profit if they are an intraday or swing trader in order to get credit for a signal.
This will guarantee that you as a buyer will not get taken advantage of from a seller trying to game the system and take all of your credits with 1 pip trades 😁
1. Buyers will buy credits.
1 credit = 1 US dollar, and we collect 5% as usual
2. The buyer can follow as many sellers as they want for free
3. When the sellers they’re following call a signal, a credit gets sent to a holding tank. If the signal closes in profit, that credit gets sent to the seller, and if the signals loses, that credit gets sent back to the buyer
This new system guarantees that a seller will not have the ability to run off with your money, and it guarantees that you are still only paying one dollar per profitable signal.
We also have safety measures in place to prevent sellers from taking advantage of the system. As an example for the Forex category, Sellers will need to close their signals at a minimum of 5 pips profit if they’re listed as a scalper, and a minimum of 10 pips profit if they are an intraday or swing trader in order to get credit for a signal.
This will guarantee that you as a buyer will not get taken advantage of from a seller trying to game the system and take all of your credits with 1 pip trades 😁
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One more thing I forgot to add. If a seller closes a Signal under the minimum pip requirement based on their trader style (For Forex, Scalper 5 pips, Intraday and Swing trader 10 pips), not only will the credit go back to the buyer, but that signal will not help their win rate.
This way, only signals that close above the minimum requirement will affect their win rate. This will help prevent abuse from sellers closing 10 signals at just 1 pip profit each and having a 100% win rate.
This way, only signals that close above the minimum requirement will affect their win rate. This will help prevent abuse from sellers closing 10 signals at just 1 pip profit each and having a 100% win rate.
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New business model is now live!
1. Make sure you switch to the buyer’s bot
2. Click “Credit Balance”
3. Buy credits (only BTC allowed at the moment)
4. Follow as many sellers as you want just by opening their profile and pressing “Follow Signals”
For now you’ll need to re-open the leaderboard every time you follow someone because it closes the leaderboard to send you a notification that you followed them, but once we have the web version done within a week or so, it’ll be much easier there.
As always, message our support bot if you run into any issues!
1. Make sure you switch to the buyer’s bot
2. Click “Credit Balance”
3. Buy credits (only BTC allowed at the moment)
4. Follow as many sellers as you want just by opening their profile and pressing “Follow Signals”
For now you’ll need to re-open the leaderboard every time you follow someone because it closes the leaderboard to send you a notification that you followed them, but once we have the web version done within a week or so, it’ll be much easier there.
As always, message our support bot if you run into any issues!
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If you don’t see the Credit Balance feature in the bot, you need to restart the bot to load in the updates we made.
To activate the new changes, just type /start into the marketplace bot (include the slash), then you’ll see it in the menu 👍🏼
To activate the new changes, just type /start into the marketplace bot (include the slash), then you’ll see it in the menu 👍🏼
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Today we will be performing server upgrades to improve speed and functionality.
Starting around 5:10 EST today we will pause the marketplace bot so it is inaccessible until the upgrade is finished. It should take less than an hour 👍🏼
Starting around 5:10 EST today we will pause the marketplace bot so it is inaccessible until the upgrade is finished. It should take less than an hour 👍🏼
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Are you a signal seller that has your own private channel on Telegram? Want to promote it on your profile for free? Now you can connect your private/public telegram channel to your profile for people to follow!
Or do you want to promote your bot that accepts payments first then redirects paying customers to your channel? That’s supported as well!
Once the marketplace bot has been added as an admin to the channel you’re calling signals from, just add the bot link to your profile and that’s it. Now when users press the “Follow” button on your profile, it’ll redirect them to your payment bot instead!
Or do you want to promote your bot that accepts payments first then redirects paying customers to your channel? That’s supported as well!
Once the marketplace bot has been added as an admin to the channel you’re calling signals from, just add the bot link to your profile and that’s it. Now when users press the “Follow” button on your profile, it’ll redirect them to your payment bot instead!
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You can test this out by visiting SimpleSignals.com
Go to the Indices category and scroll down to the 11th seller. This is our Test profile for demonstrating this feature.
You are not required to have a channel or bot connected to your profile in order to build a trading history on the platform. You can still use the platform solely as a dedicated trading journal if you’d like!
We have many more exciting features coming soon, especially for funded traders 😁
Go to the Indices category and scroll down to the 11th seller. This is our Test profile for demonstrating this feature.
You are not required to have a channel or bot connected to your profile in order to build a trading history on the platform. You can still use the platform solely as a dedicated trading journal if you’d like!
We have many more exciting features coming soon, especially for funded traders 😁
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‼️ Please note ‼️
Our ONLY telegram channel for anything SimpleSignals related is @SimpleSignalsUpdates
Any other channel is a scam.
Our ONLY telegram channel for anything SimpleSignals related is @SimpleSignalsUpdates
Any other channel is a scam.
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