dear fellow traders!
I am in the process of setting up a VPS at home. Something along the lines of what this guy is describing: http://www.tradingheroes.com/how-to-build-your-own-low-cost-metatrader-virtual-private-server-vps/
However, I am not completely sure as of what I will need in terms of computer power and specs... Saw on a programming forum that RAM is important. How important is a large hard drive for downloading historical data for backtests? How powerful should the computer be?
I am still relatively new to trading with EAs but expect to be expanding and thus having several MT4 running at the same time, trading and testing... So this is what the computer needs to be able to handle...
Hope you guys can help me out!
Does not support hedging orders on a single symbol on MT5
MultiMTCopier MT5Receiver - new and improved multi-terminal positions copier for your real/demo account, works faster, requires less, flexible in managing and upgrading, new information support. This Expert Advisor is designed for the MetaTrader 5 terminal, trades will be copied into this terminal.
The EA will copy all positions without delays Additionally integrated notification in situations requiring user attention
The Expert Advisor uses the strategy of trading the Fibonacci levels. As the basis for placing a grid, the EA uses the ZigZag indicator (included in the standard MetaTrader delivery).
First, the EA determines the trend direction. To do that, according to the Dow theory, it uses the last two Highs and last two Lows of the ZigZag.
If the last High is higher than the previous and the last Low is higher than the previous, the EA considers the trend to be ascending. If the last High is lower
The indicator calculates the quantum frequencies using the current market data. The quantum frequencies are used in Spectrum analysis of automated trading systems to create quantum filters for selecting signals, i.e. skipping trades that are likely to be unprofitable.
How It Works
It analyses the trade results of automated trading system for each frequency (512 frequencies are used). Calculation of the frequency response to search for "profitable" and "unprofitable" f
Informer for VPS - report on the state of your account via e-mail. Useful for controlling your Expert Advisors that run on a VPS or a dedicated computer. Information about open positions and last deals for a day, week, month or year grouped by currency pairs.
Adjustable periodicity of reports and depth of deals included in the report. A possibility to add own comment to each report. You will receive reports on e-mail with specified periodicity: from 15 minutes to once a day. The reports are se
The script is intended for automatic placing of Sell Stop pending orders, Stop Losses and Take Profits on the user specified levels. This script is not that useful as "Virtual pending buy stop", since short positions are opened as Bid price crosses the levels. Thus spread widening is not dangerous. Nevertheless, you need to have this script to prevent unwanted hitting of the Stop Loss levels.
Automation of the process of placing the Sell Stop pending orders, Stop Losses and T
The script creates account summary report in a separate window.
The report can be created for all deals and on deals for selected financial instruments.
It is possible to specify a time interval of calculation and save report to htm-file.
The script creates account summary report in a separate window.
The report can be created for all deals and for deals of the selected financial instruments.
It is possible to specify a time interval of calculation and save report to htm-file.
The economic calendar is made in the form of an Expert Advisor that downloads the data from one of the most popular Forex sites (forexfactory.com/calendar.php). The data is presented in two ways. The first (primary) is represented as icons with detailed information about the event. The second is displayed as a line with a news description. Economic Calendar downloads published news in real mode with the possibility to adjust the spacing of data validation and user-friendly customizable graphical
Safe Automatic is a safe MetaТrader 5 trading robot working autonomously on a VPS server. The good results are achieved on EURUSD.
The EA applies modified versions of a trend-following strategy, half-pyramiding, scalping, Elliott Wave method and speculating trading with a deposit protection. The EA switches the strategies automatically. The robot does not trade at night from 10 p.m. to 4 a.m. (server time).
The robot was tested in the special tester on real ticks. Empirical e
Times & Sales is a famous (and old!) trading tool. However, it is not present in MetaTrader 5 as a built-in tool.
DeltaTrader now presents this indicator for MetaTrader! It has the following characteristics:
Two flag modes: FOREX and EXCHANGE
FOREX: black color: last price = 1-Minute opening price / blue color: last price < 1-Minute opening price / green color: last price > 1-Minute opening price. EXCHANGE: black color: last price = between quotes / blue color: last price = bid price / gre
Does not support hedging orders on a single symbol on MT5
MultiMTCopier MT5Source - new and improved multi-terminal positions copier for your real / demo account, works faster, requires less, flexible in managing and upgrading, new information support. This expert is designed for terminal MetaTrader5 from which the position will be copied.
The EA will copy all positions without delays Additionally integrated notification in situations requiring user attention Buttons for re
This oscillator was developed exclusively by xCalper in 2015 based on moving averages calculations to indicate and try predicting oversold and overbought levels.
The fast line (white, by default) oscillates basically between values -0.5 (oversold) and +0.5 (overbought). Whenever this line crosses upward value -0.5, it means an oversold price level. When it crosses downward value +0.5, it means an overbought price level. When fast line crosses value 0.0 and returns, it is a strong pull-back indi
We present you an effective software solution for arbitrage between brokers.
The Arbitrage on the market became widespread due to decentralization. There are many liquidity providers, whose quotes differ for various reasons. By tracking the dynamics of changes in the quotes of different brokers, it is possible to determine the delayed and leading brokers, thereby predicting the future prices of the delayed broker for a short time. Knowing these prices and using efficient built-in software filte
This product is similar to Tick volume analizer Expert Advisor, however it is implemented as an indicator. Release of this product is stipulated by the fact, that it is not possible to run two EAs in the same window.
Tick volume is equal to amount of ticks at the unit of time. There is direct correlation between tick volume and real amount of deals. Every change of the price is a result of a real request to perform a deal. Consequently, fewer requests we have, the less price changes we get, an
The trade strategy is based on three moving averages. To determine the trend, it uses three exponentially smoothed moving averages: FastEMA, MediumEMA and SlowEMA.
Buy signal: FastEMA>MediumEMA>SlowEMA (upward trend).Sell signal: FastEMA<MediumEMA<SlowEMA (downward trend).Input parameters:
Inp_Signal_ThreeEMA_FastPeriod = 8;Inp_Signal_ThreeEMA_MediumPeriod = 38;Inp_Signal_ThreeEMA_SlowPeriod = 48;Inp_Signal_ThreeEMA_StopLoss = 400;Inp_Signal_ThreeEMA_TakeProfit = 900;Inp_Money
The indicator is intended for determining the spread and swap size, the distance for setting stop orders and stop losses from the current price allowed and the risk per 1 point in the deposit currency.
The indicator informs a trader about possible additional expenses and profits connected with transferring a position to the next trade session of the financial instrument. It also informs about the spread size and the distance of pending orders, stop loss and trailing from the current price. In a
This is an extended version of Heiken Ashi indicator with the ability to average (smooth) the values for the specified period of bars and select the applied price: considering "Open price" or not. The description is provided in the parameters. Three screenshots are displayed below: standard version (1 bar), 3 bars and 5 bars.
МetaTrader 4 version: https://www.mql5.com/en/market/product/7326
Pipfinite creates unique, high quality and affordable trading tools.
Our tools may or may not work for you, so we strongly suggest to try the Demo Version for MT4 first. Please test the indicator prior to purchasing to determine if it works for you.
We want your good reviews, so hurry up and test it for free...we hope you will find it useful.
Exit Signals are NOT to be used in entering a trade!
Exit means closing your trades to avoid correction/reversal which can wipe out existing
The indicator plots horizontal support and resistance levels using grouping of extrema. The levels are displayed as lines whose color depends on how many times the level was a support or resistance line over the specified interval. You can also display counters for support, resistance and age of the level in text format. The age of the level indicates how many bars back the level had the most recent impact on the price (on the chart time frame as specified in the settings). Given the age of the
VirtualTradePad - is a contol panel for working with orders in МetaТrader 5 : buy, sell, buystop, buylimit, sellstop, selllimit, close, delete, modify, tralling stop.
VirtualTradePad won 2nd prize in the "Best Control Panel in the MQL5 Language" Contest.
The panel consists of 5 tabs.
VirtualTradePad PositionsStyle VirtualTradePad Ordersstyle VirtualTradePad SignalsStyleDemo version of the panel - VirtualTradePad LiteProfit or Loss PadINFO PadYou can also try this panel for
qAutoActivation indicator is one of the main components of Trading Chaos Expert trading expert panel. The indicator displays the current trend on the current timeframe. This is the first indicator that is attached to the chart and saved in the trading complex template. It defines what trading signals from the expert panel should be automated for market entry (bullish or bearish ones).
When the trend changes, the indicator changes the line color and, at the same time, highlights the trading pane
Auto Trade Driver is an automatic powerful tool (run as Expert Advisor) that helps you to manage risk and control orders and maximize your profit in multi-protect/trailing-stop rules.
This tool is very useful for both scalpers and trend followers. It not only calculates the trade risk exactly, but also protects and maximizes your profits in real-time.
With this tool, the only thing you have to do is to enter trade by your own strategy, then it will auto-drive your position with exit strategy y
The PZ Day Trading indicator detects reversals in a zig-zag fashion, without repainting or backpainting. Based on breakouts of variable lengths, the indicator uses only price action to pick trades and reacts to the market very fast. The positional accuracy of its signals offers huge opportunity for profits, easily up to 80% winners.
Amazingly easy to tradeChart statistics will help you to optimize your tradingIt works on every single timeframe without fine tuningThe indicator analyzes its own q
Percent Crosshair is a powerful and easy percentage measure tool.
Measure the chart percentage very quick! Don't waste your time anymore!
Just attach the Percent Crosshair indicator in the chart, select crosshair mode at toolbars or press "Ctrl+F" and start using the crosshair as you always do! The percent measure will be next to the indicative price.
Customize your indicator the way you want!
There are 4 entry parameters:
Positive % color: set the desired color when % is positive. Negat
Trading Chaos Expert Lite is a light version of Trading Chaos Expert. In the Lite version it is not possible to receive the table of trading signals, automatically place pending orders based on them and maintain open positions for multiple symbols at the same time in one window. Only the Current Chart mode is available. In all other features the panel is fully consistent with the basic version of the Expert Advisor.
This is, rather, a well thought out trader's assistant which is not easy to do
ROMAN5 Bollinger Bands TrailingStop includes BreakEven facility. TrailingStop automatically moves the Stop Loss with the Bollinger Bands level. You can place ROMAN5 Bollinger Bands TrailingStop in any chart. It comes with an alert that will sound whenever a new signal appears. It also features an email facility. Your email address and SMTP Server settings should be specified in the settings window of the "Mailbox" tab in your MetaTrader 5.
Bollinger Bands Parameters:
BB Period - The averagin
The script allows users to easily close positions if their profit/loss reaches or exceeds a value specified in pips.
Please set slippage value first. Sometimes some positions do not close due to high volatility of the market. Please set larger slippage or restart the script.
This is an utility for automatic scaling of a chart and making at least 140 bars visible in it. This is necessary for a correct wave analysis according to the Bill Williams' strategy "Trading Chaos". The utility can be used on any timeframe available in МetaТrader 5.
It draws a vertical line through the first bar the calculation starts from. This line allows you to see the probable starting point of the wave sequence along with a sufficient number of bars displayed in the chart. It also makes t
The script is intended for automatic placing of Buy Stop pending orders, Stop Losses and Take Profits on the user specified levels.
Avoiding unwanted entering a long position in case of false hitting the level as a result of widening of the spread by a dealing center. Avoiding unwanted triggering of a Stop Loss in case a quote pierces a significant level (fractal) without further confirmation with the close price. Setting a necessary virtual order and entering the market in
This is a panel for controlling the profit/loss in dollars, pips or % of balance. A new function for trailing profits has been implemented.
The panel can be used as a virtual Stop Loss or Take Profit.
It also features the emergency button - CLOSE ALL.
You can also try the full version of the VirtualTradePad for mt5 panel, as well as the Profit or Loss for mt4 panel
Other versions in this collection:
VirtualTradePad for mt5 Digit Market Time Pad Market Time Pad Scalper PadMain f
Fast Copy MT5 allows to copy trades between different MetaTrader 5 (netting)(hedge) and MetaTrader 4 accounts in any direction and amount, quickly and easily (without loading the system).
Any type of copying is available
MT5 —> MT5 MT5 —> MT4 MT4 —> MT5 MT4 —> MT4
* For any interaction with the MT4, it is necessary to additionally install Fast Copy MT4
One tool for sending and receiving transactions: [master] > [slave] operation mode can be selected in
The whole idea of a VPS "at home" is slightly perverse. Half the point of a VPS is that you are paying for a more reliable infrastructure than you have at home: more reliable internet connectivity, more reliable power supply etc. Incidentally, the article you are quoting doesn't add in the electricity costs of running a machine at home.
The figure of $74.95pm is, as he says, hugely inflated. Perfectly usable services are available for $30pm or less. (Compared to running a machine at home, that's a price differential of $20pm or even less after deducting domestic electricity costs.) If you can't afford that, then you probably need to think very, very carefully about whether you should get involved in the high-risk area of fx trading.
It would be more normal to do the backtesting - a relatively occasional, resource-intensive activity - on a home machine, and to use the VPS only for live trading. A virtual server which is suitable for running backtests will indeed be expensive.
If you want to try things out, then you can start with a service such as Amazon EC2 where you pay solely per hour of usage, with no longer-term charges or commitments. An EC2 t2.micro instance should cost somewhere in the region of $30pm, and there's also a "free tier" for new customers which reduces that charge. If you want to get cute, you can reduce your charges further by turning the virtual machine off at the weekends when it's not going to be trading. (However, unless you do turn the machine off two days per week, the convenience of an hourly-billed service such as EC2 should eventually work out more expensive than an equivalent machine on a monthly-charge basis.)
VPS is about uptime. For Live Trading You need
- reliable internet backup. - either two permanent connections or Mobile Internet. Traffic volumes are quite low I think so latter might do as a back up.
- fast execution (QOS) - if rest of family are hammering internet at any point you want your Sell!Sell! packets to get through quickly.
-Deal with power outage (GSM Card + Laptop might cover it but .. laptops are not designed to be on all of the time, - UPS is better )
Those are what a VPS buys you.
For fast Backtesting you just need Disk & CPU.
Two different requirements. Ram helps both.
hi thanks for your reply. i appreciate you providing good information pro using VPS as I need to get a better understanding of this service. one thing i did not mention in my post was that i have been advised against VPS services (at least when the services comes from a broker) as the provider will decompile, reverse engineer, and steal profitable EA's. So in order to protect a profitable system the argument goes: open your own VPS. what do you think about this? are there VPS services you can trust? i am not against the idea as such, but I am still new to EA trading and need to learn the basics...
you mention backtesting as a resource intensive activity. as i am in the period of development and testing i need to purchase a new computer. for backtesting and having multiple MT4s running with various EAs what do you need from a computer would you say? in terms of processor, hard drive and RAM etc?
thanks mate this is really good advice! i want to follow up on your on backtesting point. how much approx. CPU, RAM and hard drive do you need you think for backtesting and having multiple MT4s running with various EAs? could an average laptop do the job or should buy a more heavy duty machine? i have an option of getting a lenora 2.5ghz processor (can't remember which one) + 550GB harddrive + 4GB RAM for around 250 can't figure out if its overkill or too little really... price is 250€
I'm not an expert on running heavy backtests with indicators etc. and haven't looked at any hardware prices for a while. Personally I'd split the work between MT instances running in different machines. Bang for buck is desktop - easier to repair too :)
Regarding "home VPS" - you need UPS, QOS, Two Internet (home + Mobile) , two separate servers (main server + backup ) , a router that can manage QOS + transparent ISP failover + Server failover (DDWRT etc), a backup router with same config , electricity costs.
- if using netbooks/laptops check if they are designed to be on 24/7 - most aren't.
one thing i did not mention in my post was that i have been advised against VPS services (at least when the services comes from a broker) as the provider will decompile, reverse engineer, and steal profitable EA's. So in order to protect a profitable system the argument goes: open your own VPS. what do you think about this? are there VPS services you can trust? i am not against the idea as such, but I am still new to EA trading and need to learn the basics...
As far as I'm concerned, worrying about a VPS provider stealing your EA is right up there with lining your hat with tinfoil so that the government can't read your thoughts.
If you use one of the VPS firms who specifically market at the MT4 audience, then I suppose it's just about possible that they might try trawling customers' hard disks for EAs... but good luck to them in trying to determine the tiny number of valuable ones from the junk. It all reminds me of a conversation on this forum 6 years ago about the potential for MetaQuotes to steal EAs: https://www.mql5.com/en/forum/116521/page2#159379
But I wouldn't recommend one of the MT4-targeted VPS services over generic/untargeted services from the likes of Amazon, Microsoft, Rackspace, etc. The firms marketing to MT4 users might be able to provide a few fringe benefits such as MT4-specific support, but they're inevitably going to be relatively small, relatively under-capitalised, relatively under-resourced etc. If you want to banish any lingering concerns about the privacy of your EA, go to one of the large VPS providers who don't know what an EA is, and certainly don't care what an EA is.
For a small trader, any 'home VPS' will be good enough, even for more serious traders if there are SL and TP set for every order.
The main point of VPS is that it has redundant network connection, and that it can last for some time without power. Practically any laptop will be good enough as long as its battery can make it for some time (you are protecting yourself from short power outages, not from natural disasters), and you need to have at least one mobile i.e. 3G/4G connection (2G is not good enough), because that connection needs to work when there is a power outage. This 'VPS' is not intended for backtests but to be a device on which your EA will run uninterrupted and continuously, so there are no other requests on the capacity of the 'VPS' laptop.
The most complex thing you need to solve is how to make the two network connections work simultaneously, which is best to achieve by setting lower metrics for the favorable connection.
You can control your VPS using e.g. TeamViewer so there is no need for static IP.
Bonus is if you can get alerted when power fails and when your laptop is about to shutdown, but these two points are a little bit harder to achieve.
And BTW all my laptops work 24/7 (OK, i am turning them off sometimes ;) and last typically for 7 years. Of course, most of them are premium segment.
i dare to disagree.
for me, the most important benefit is colocation - almost all brokers have their servers located in either equinix NY4 or LD4 (being/soon to be expanded to newer equinix DCs) and the "firms marketing to MT4 users" differ from the generic/untargeted services precisely by the fact they have their physical hardware physically located at the mentioned datacenters.
equinix basically has a monopoly in this (financial firms interconnect) area.. they're a a wholesaler, not dealing in retail at all.
fx vps providers like beeks or cns have their hw located at equinix facilities.
google "equinix vps" - you'll only find forex related vps stuff in the results ;)
why do i have vps' rented @both NY4(beeks) and LD4(ultrafxvps)? Because i want low latency to my brokers (<1ms) - that's the SOLE reason for me.
otherwise, i would use some machine @home where i've got both ups and redundant net connections.. but i'd be 50ms far from LD and 90ms from NY instead of < 1ms/1ms ;)
Amazon/Microsoft/Rackspace can't supply me that latency.
and btw: i'm really not afraid about any1 stealing my precious EAs :-D... btw2: i'm more than convinced they couldn't care less about the content of my drives ... btw3: even if i'd be paranoid, there are ways to prevent any peeks into your vps kitchen - you always get full control via the built-in administrator account, so just make use of it ;)
I can think of one firm in particular which markets their VPS services for MT4 based on latency to brokers' servers. They have been carrying the same marketing material since 2009 and, as a user of theirs at that time, I've argued with them very strongly (but good-humouredly) that the figures which they are choosing to publish say that their EA performance in different locations is random, with no discernible effect from latency.
I agree that latency may well make a difference if you are in NYC and your broker's servers are in Sydney, or vice versa.
But I am hugely sceptical that latency of 1ms between two machines in NY4 versus e.g. 6ms from a machine in Amazon's us-east datacentre to NY4 is going to make a difference if your trading system is written in MQL4 and placing its trades through an MT4 Server. If you are that concerned about latency, you are using the wrong trading platform. The benefits of something like a direct connection over FIX, going directly into the broker's liquidity rather than the MT4 Server, would vastly outweigh these kinds of marginal difference in latency.