VPS and EAs
Hi all,
I have rather new to this activity and I have a fondamental question here.
In order to trade with fully automated expert advisers, is it absolutely necessary to use a VPS?
Turning this around, is it possible to be profitable from home with a computer running 24/7 and a latency of about 110-120 ms?
Thanks
Forum on trading, automated trading systems and testing trading strategies
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Sergey Golubev, 2018.11.24 18:01
VPS is the copy of your Metatrader in the cloud.
To make this copy of your Metatrader in cloud so you need to open chart
(or charts) and attach your EA to the chart (or to the charts) to ready to trade.
After that - you make the migration: you are synchronizing your Metatrader with open charts with EA attached to the charts - with the
copy of your Metatrader in the cloud.
Once you synchronized (once you sent everything to VPS) so you can close your pc (in you want): your EA will work on VPS (means:
your EA will work on the copy of your Metatrader in cloud).
And all those actions (with possibe errors) are written in your VPS log files (you can check it inside your home Metatrader).
---------------
To make it shorter:
- Your MQL5 VPS = your "2nd Metatrader in cloud". I mean: there is the cloud (somewhere). And there is "your second Metatrader" there ... this "second Metatrader in cloud" is empty ... you will need to provide migration/synchronize.
- Migration = sending your EAs/indicators/open charts from your home Metatrader to MQL5 VPS (to "your Metatrader in cloud").
- You can synchronize the settings/open charts/EAs/settings of your EAs/changing the settings of your EA/opened charts
- from your home Metatrader with MQL5 VPS (with "your Metatrader in cloud"). You can synchronize many time (as many as you
want).
- Only open chart(s) with attached EA(s) can be migrated (can be synchronized) from your home Metatrader to MQL5 VPS (to "your Metatrader in cloud").
- Your EA(s) will work on MQL5 VPS (on "your 2nd Metatrader in cloud"), and you can close your home Metatrader, or use your home Metatrader with the other trading account, or any.
- Autotrading is always On in MQL5 VPS ("your second Metatrader in cloud" is having autotrading to be always ON irrespective of the settings of your home Metatrader).
- (limitation) Your EA will not work on MQL5 VPS (on "your 2nd Metatrader in cloud") if EA is using dll irrespective off - you allowed dll or not in your home Metatrader (irrespective of the settings of your home Metatrader). It is necessary to see the code or to be a coder to know: your EA is using/calling dll or not).
- (limitation) It must be 64-bit client terminal (MT5) to use
virtual hosting - means: your home Metatrader 5 should be 64-bit.
MT4 does not have this limitation (because MT4 is always on 32-bit).
---------------
Hi all,
I have rather new to this activity and I have a fondamental question here.
In order to trade with fully automated expert advisers, is it absolutely necessary to use a VPS?
Turning this around, is it possible to be profitable from home with a computer running 24/7 and a latency of about 110-120 ms?
Thanks
If you employ a long term (and not scalping) strategy, with a few trades that kept open for some time, then you can get good results without a VPS.
The problem is that you can never be sure that you will not have any internet or power outages at your home PC.
The slightest network connection problem can cost you more than the money you will save from avoiding a VPS.
If you employ a long term (and not scalping) strategy, with a few trades that kept open for some time, then you can get good results without a VPS.
The problem is that you can never be sure that you will not have any internet or power outages at your home PC.
The slightest network connection problem can cost you more than the money you will save from avoiding a VPS.
Thanks.
I can solve the internet connexion problem with a basic UPS at little cost and my computer for the moment is a laptop that could run on the battery for a while.
I will replace it with another portable computer also running on battery in the next 3 months.
My question was more related to the latency between the computer and the server.
Long term trades also cost swapping charge if kept for a while.
On my testing on demo account, I noticed it was significant.
I think it's hard to rely only on swing or long term trading.
You can use your home internet with computer running 24/7, or you may have MQL5 VPS (MQL5 VPS is the copy of your computer in cloud).
Hello,
I have no idea what you are talking about.
The only benefit I see for a VPS is to be physicaly located a few km from the broker server to get a very low latency.
Cloud, Cloud, Cloud, where is it located in real life?
What latency do you garantee me from CMC Market in London UK?
If you employ a long term (and not scalping) strategy, with a few trades that kept open for some time, then you can get good results without a VPS.
The problem is that you can never be sure that you will not have any internet or power outages at your home PC.
The slightest network connection problem can cost you more than the money you will save from avoiding a VPS.
Note that I don't care about the strategy. I will use the strategy that pays the most.
My question is general.
The other factor is that I am reluctant to have this expense before I start to make profit and I am also reluctant not to have local control of everything.
Another learning phase is necessary for a VPS as well and I was expecting to avoid it for the next 6 months or a year.
But can I get out of the hobby phase without a VPS or not? That's more the question.
I forgot to mention that I am on MT4.
My present broker does not offer a MT5 account.
If you are on MT4 it doesn't matter much.
There will be a slight difference between a VPS in a datacenter close to the trading server and your home computer and home connection.
But unless you are thinking about running HFT then it will not make much of a difference, MT4 isn't really suitable for HFT anyways.
I have run Metatrader from home for many years and the only problem i had with it was called Microsoft Windows.
Note that I don't care about the strategy. I will use the strategy that pays the most.
My question is general.
The other factor is that I am reluctant to have this expense before I start to make profit and I am also reluctant not to have local control of everything.
Another learning phase is necessary for a VPS as well and I was expecting to avoid it for the next 6 months or a year.
But can I get out of the hobby phase without a VPS or not? That's more the question.
You can always try without a VPS, but as I said before you will never avoid things like network or power failures and/or operating system upgrades or computer restarts, unless you control these over specific settings.
If you are on MT4 it doesn't matter much.
There will be a slight difference between a VPS in a datacenter close to the trading server and your home computer and home connection.
But unless you are thinking about running HFT then it will not make much of a difference, MT4 isn't really suitable for HFT anyways.
I have run Metatrader from home for many years and the only problem i had with it was called Microsoft Windows.
Thanks.
By your answer, I understand that MT5 is probably faster, and in this case it would matter more. Is it correct?
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Hi all,
I am rather new to this activity and I have a fondamental question here.
In order to trade with fully automated expert advisers, is it absolutely necessary to use a VPS?
Turning this around, is it possible to be profitable from home with a computer running 24/7 and a latency of about 110-120 ms?
Thanks