A person, company, or automated system that generates and distributes trading signals — specific buy or sell recommendations with entry prices, stop-loss levels, and take-profit targets — to subscribers. Signal providers may use technical analysis, fundamental analysis, or algorithmic strategies to produce their trade ideas.
Example
“The forex signal provider sent an alert to buy GBP/USD at 1.2650 with a stop loss at 1.2600 and take profit at 1.2750, and the trade hit its target within two days.”