Bought a New VPS for EA Trading

Hello Traders,

I am a little new to trading..

i started trading few months ago..

till now.. LOSS is ALWAYS Grater than PROFIT 😀

I was Trading manually .. So my Greed makes Me PAY... 😞

So i Thought to Trade automatically Via Some EA..

so i bought a VPS ..

Now i see that i dont have an EA to Trust..

So Please Help me..

By suggesting the BEST EA can be run on my VPS...😐

if any one wants to run there EA on VPS are also welcome to test on MY VPS.. 😉


thank You.
Ajeesh

Have you ever considered a managed account while you gather experience from following?

whats a managed account ??

i have never heard of that .. :)

eventually all EA will drain your account; Don't overtrade> how?>>demo account. You must also learn how to read charts; from m5 to d1; 100/ 200 moving average, fibonacci, trendlines, watch for repeat patterns.

Check out babypips.com to learn how to trade and I can recommend eareview.net for honest reviews of EAs.
Good luck!
Fred

Personally if you are looking to autotrade, you need to understand how the strategy tester works on MT4 and what the pitfalls are. For example it only takes the spread at the point you run the test and doesn't take in to account what the spread could be at other points in the trade. This is often exploited by EA sellers to generate backtests that look good on an EA that is poor. Also, ensure that the backtests for the EA cover as wide a period as possible. It should ideally cover the entire period of history available, also you might want to look into getting hold of some tick data in order to get 99% accuracy on your backtests.
Hope this helps.
Best regards Steve

I agree with Steve on the 99% tick data accuracy. It does helps a lot. Giving you a better overview as to what may happen. Myfxbook.com has a great spread rate database of most FX brokers:

https://www.myfxbook.com/forex-broker-spreads

The spread rates listed are for live accounts. If you're trading at a certain period of the day or or trading on a certain day of the month. It would be good to check out the spread rates for the particular pair that you're trading with in that specific time period.

If youre looking autotrade, i would like to suggest to try zulutrade.
its very unique system that you just select the signal provider and it will trade automatically.

you no need to backtest at metatrader and you no need to have VPS for your robot. its very simple and profitable

Rgds,

Zulu trader is fine but you should make a good choice of those running in the lead not for a week but for 3 to 6 months as the leader. Many of them are in number one place for a short few days. Be very selective on zulutrader. You can run lots of demos on your vps and learn how trade copiers, and other EA's also. Back test on MT4 and once you learn that then ask someone to assist you in running tick data before using real money.