cheaper VPS that I now use.
Download VPS.rdp to
access any VPS
here. Input the
IP address and username (Administrator) and
password by Right click - Edit.
(Virtual Private Server) Guide
It is essential to use a VPS for two reasons.
First is that you cannot trust your home PC to
run 24 hours a day and have uninterrupted
Internet connection. The second is the long
delay between your computer and the broker's
server - which will be between 80ms and 250ms
depending on your location and connection. This
delay is doubled by the time the EA gets
confirmation of anything it has done. By
contrast, my VPS has a 1ms delay. This makes a huge difference
in practice and allows MUCH more accurate
placing of trades and TPs.
This improvement will more than pay for the cost
plus you can relax and forget about whether
everything is running properly, not to mention
it completely frees up your computer.
Traders Way will give you a free VPS if you
have over $1,000 and/or your trading volume
exceeds 10 Lots a month. This is very easy to do
using the OilBiz EA and I sometimes exceed 10
lots a day. In fact, you cannot trade with less
than $5,000 with Trader's Way because of their
0.1 Lot minimum trade size. FX Choice only have
very expensive VPS so you must use Vultr!
My personal favourite is at the top of the page,
Vultr. You need to be a little computer savvy to use it
but the fact that it's not only cheap but
charged by the minute and comes with a full use
control panel means you have effectively as many
VPS as you like, almost anywhere in the world.
You can choose numerous locations in the US,
Europe, the UK, Japan and Australia. Choose
Amsterdam for, Forex Time, Traders Way and FX Choice and
New York for AvaTrade.
You can run two MT4s from the same VPS. It is
also faster and better than the free ones.
Be careful though, it's a little misleading that
their services can be has for $7 a month because
you need a Windows Server and that is $26 a
month. Choose the Windows 64bit Server. But, unlike BeeksFX (most famous VPS), that doesn't tie you
to the server you signed up for because you can
create other VPS in your control panel and
'destroy' them whenever you like. This can be
useful for running a demo and a live MT4 from
the same broker and gives you flexibility to
change brokers and still have the best location
for your VPS. No comprehensive instructions,
though. Vultr opens up in about 3 seconds,
BeeksFX in about 12 seconds...
The basic technique is to open up File Explorer
from the taskbar of your VPS, which will show the
drives on your home computer so you can copy and
paste any files you need. For example, download
the setup file for your MT4 and copy/past or
drag it onto your VPS desktop, double click it
and install MetaTrader on the VPS. Copy and
paste any tpl and ex4 files from your home MT4
into the Data Folder of your VPS MT4 and you are
ready to go.
Updating Windows is managed by beeks but can be
a problem with vultr. I strongly recommend
running Windows Update from with Control Panel
after creation and then completely turning off
Windows Update. The problem is that automatic
updates will initiate a restart which will mess
up your trading sequence.
will find having a VPS makes life much easier as
you never have to worry about keeping MT4
running on your computer, power cuts, Internet
connections or somebody else messing things up
while you are out of the room! Not only that but
the increased speed of connection will greatly
improve the workings of the EA as it it always
able to open trades and set TPs as the exact