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    Thread: How to make best use of the VPS service?

    1. #1
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      Default How to make best use of the VPS service?

      Here on insta we have the option to use a VPS, what is this? A server that does something and how can we use that? What are the uses for this system and how would you as the trader best use this system?

      Pending orders or types?
      Alarms and notifications, how are these used?
      Trailing dynamically and EA?

      Explain how you best use these concepts in combination with VPS.

      The Symbiosis mashed up Trading Journal
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      Winner of Best answers contest!


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    3. #2
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      Firstly you have to know what VPS server mean because after you rent vps server they will send to you the server details and after you receive this details you have to put it on ( Remote desktop connection ) then press connect and it will convert you to the server that you rented it as the following photo .





      after pressing connect you will be in the rented server and you can deal with it as a new computer so you have to download metatrader 4 on it then you can install it and put your user and password then you can operate your metatrader 4 without any problem on it and we can use it in using experts and you can know how to install the experts from the following link
      http://forum.mt5.com/showthread.php?...n-metatrader-4

      after you install your expert the server can make it work for 24 hours without any stop because the server make your metatrader opened for 24 hours without any close even if you closed the server and even if you made shutdown to your computer .

      also you can use it with the trailing stop because it also need metatrader to be opened without any close .

      so the main things that you can use VPS server on it :
      1- using experts on the automatic trading
      2- using trailing stop while your trading
      3- opening metatrader for 24 hours without any close even if you closed your computer .


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    5. #3
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      Default

      by using SSH Client application that support to windows operating system, like putty, kitty and so forth. Well, Here is a guide how to use putty to set your linux VPS on windows operating system:

      Open putty app and please input your VPS IP, let port default 22. Click open to continue,


      Next will appear login request please enter only root and enter.


      After enter later will have a password request please fill in accordance with the password given by the VPS provider. Password will not appear when you type. If you are sure correct and complete please enter.

      You can do any settings here, I try to update first with apt-get update (debian) for centos please update with yum update command.


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    7. #4
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      A virtual private sever is rare used by traders because sometimes it is not free, the small fee that is being charged by forex broker is a factor that has discouraged many from using it and quite frankly, I have never used it because I am not a fan of trading with robots or expert advisors.

      I have gotten an offer from a forex broker to use their severs for free but it was basically useless because I am not accustomed to how it works, you could however set it up to trade for you automatically through certain predefined parameters, it means your presence is not necessary required before you can be in any trade which is a great advantage I must confess.


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      Default

      Instead of leaving your computer to run for a long time which could result in a wear and tear, you could go for the option of using a virtual private server where you can host your expert adviser, there are many challenges that we could face while trading with robots, there could be power outage, our laptop running hot and all that, but deploying a vps just takes care of this problem adequately.

      You need to pay for this service though because if you have to borrow someone else's computer to save yours from the above mentioned disadvantages then you are required to part with a few to accomplish this.


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    11. #6
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      The development or invention of the virtual private servers into the Forex world was just an innovative idea that has changed the way we trade most especially for those that are great fans of experts advisor, it was really frustrating before now that as soon as your computer went off, the robot that you are trading with also went offline, it was in an effort to solve this problem that people came up with the idea of hosting your EA in a sever or computer that does not belong to you, it is much like living in the house that you did not personally build yourself but you paid monthly fees to live in.

      The revolutionary system of using a vps has made many people trade with ease, hence instead of being worried that your computer will go off because of lack of electricity or any other challenge and you will be unable to trade, hosting your indicator in a virtual machine just takes this worries away so that you could actually concentrate on other things that require your attention.


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      Default Re: How to make best use of the VPS service?

      VPS is the virtual private server .It actually gives the advantage to the Forex traders to trade on private servers which can be done with a dedicated virtual server .Here in instaforex ,they are giving three types of VPS service as per the account equity size where its seen that as the amount of equity grows ,the fee actually becomes less.The maximum time been extended upto the 5 years .

      Main aim of such servers are actually to run the EA by the automated trading and like that traders can avoid the problem of running trades with EA in home computer and to avoid the glitch of speed uploading during the market hours .


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      Default Re: How to make best use of the VPS service?

      Configure once at all and make it readily connected from your desktop in a single click and never place too much tools online just consider to keep only the thing which are necessary like if you need to run an EA then only EA will be there and there is no need to make your charts too fancy as you are cloud computing in the real world and this will slow down your speed so put there only the necessary thing and concentrate on your trading. Sometime when a trader makes charts too much fancy to share that bring many diffculties and software other then MT4 also can disturb the performance of your VPS.

      I Trade Structures, not Noise.


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    16. #9
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      Default Re: How to make best use of the VPS service?

      VPS is Virtual Private Server. Under normal condition it is ideal for a trader to get hooked up to the internet if possible 24/7 but this may not be realistic due ti some factors especially when you want your trading platform on. With Virtual Private Server that can happen but you have to subscribe for it through your broker of which Instaforex is readily available. The essence mainly is when you intend to use robot to trade, your platform has be on all through else the robot or the EA will stop working which may defeat the aim of having a robot or EA. In summary VPS makes 24/7 internet service available to your trading platform


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      Default Re: How to make best use of the VPS service?

      A virtual private server VPS is used by the forex trader that has an expert advisor which they don't want to lose money through, when you have actually developed a trading software that gives you signals, the basic operation requires that your trading laptop will be on consistently, that can be time consuming and also draining as well, the solution to the losses a problem is to use a VPS service where you can pay a token to the forex brokers on a monthly basis and the expert advisor will be hosted for you, so that instead of you computer being used as the primary server, the VPS now does that job for you automatically.


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