Built-in VPS in MT4 and MT5

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If you use an automatic trading expert advisor, you know that your computer has to be constantly switched on for the smooth operation of the adviser. The same applies to the signal service - transactions are copied only when the terminal is on.

Keeping your computer on all the time is not always convenient, so many traders find a way in renting a dedicated server (VPS) on Windows specifically for the terminal. When using VPS the terminal will work 24/7, even when your computer is turned off.

The problem is that the choice of VPS and its own server configuration is not the easiest task, especially for those who have never faced the virtual hosting.

MetaQuotes Company (Metatrader terminal developer) took care of it. Now, you can order virtual hosting directly from MT4/MT5. Virtual servers from MetaQuotes were primarily designed for the needs of traders, therefore, they have a simplified installation process, configuration, and support. Within a few minutes, you can customize your own VPS-server directly from the trading platform for the smooth operation of your advisors, indicators, and signals.

Presetting

Before creating a virtual server, you must properly configure the trading terminal. Keep in mind that if you overuse the resources, the provision of hosting may be suspended automatically. Therefore, before moving to a virtual server, it is important to do a few steps:

  • Remove all unnecessary symbols from the “Market Watch”. Leave on the screen only the necessary instruments and in the context menu of the Market Watch, select “Hide All”.

  • Remove unnecessary indicators from the charts. What is the point to leave the indicators on the server, if you are not going to use them? To save resources, all indicators should be removed, except for those that you need.
  • Remove all unused experts advisors from the charts. All the advisers sent to the server are automatically granted permission to trade, even if you do not set the appropriate checkbox in the terminal. Also, any advisor using a DLL-library will not work on the server and will automatically stop at the first attempt to access it - remove them too.

In the terminal settings enter your username and password from an account on the MQL5.com website.

Here it is worth to write your MetaQuotes ID to send push notifications to your smartphone. Personal ID can be obtained by installing the mobile terminal application on the smartphone or tablet. To do this, go to the “Settings>Messages” and click “My ID”.

And enter the mail server information for sending mail alerts.

Installing the server

To install a virtual server, go to the “Navigator” window and open the context menu by right-clicking on your account. To start the wizard from the menu, choose “Register a virtual server.”

Click “Next”.

Read the provided tips on account migration and click “Next”.

Select the virtual host server. Preference should be given to the servers with the lowest ping to the broker (top ones in the list).

Choose a tariff plan. When you first start you will be able to rent a server for free for a day, which should be enough for the testing and work check. Minimum rental period - 1 month. The higher the rental period, the greater the discount. Payment is made from the MQL5 Community account, which can be deposit using a credit card or PayPal, Skrill, Neteller or WebMoney.

In addition, you can specify a mark against automatic rent renewal. In this case, if the terminal is active and the account has sufficient funds, the subscription will be automatically renewed. Click “Next” to move to the migration process on the server.

Migrating to a virtual server

Now you can choose one of three options:

  • Move everything: account, charts, indicators, experts, terminal settings and MQL5 Signals subscriptions to a virtual server.
  • Move everything but signals.
  • Or to move only signals, account and settings.

As an example, I will move one USDCAD chart and “Generic” robot, so I choose “Migrate All” and push «Finish».

After the migration is complete, messages on the transfer of charts, programs, and signals will appear in the terminal window. Also, pay attention to the message about the successful launch of the virtual server.

Now the server will be displayed in the Navigator window. When adding experts, charts or signals, you need to re-sync your account. To do this, open the context menu and select “Synchronize”.

Through the same menu, click “Details” and resource monitoring window can be opened.

Try to monitor the usage of CPU, memory, and disk power. In the case of excessive load, the server can be automatically turned off.

Conclusions

Well, it all took very little time and my robot in a new VPS worked without problems. But despite all the advantages, the MetaQuotes service is definitely not for all. Why? Renting a server is too expensive - $10 a month for 1 terminal, while, for example, MyForexVPS provides 2-5 terminals for $4. Moreover, you do not need to care about the resources. Another disadvantage - a ban on the use of DLL immediately cuts off a huge number of advisers.

This VPS solution is suitable for those who have money and do not want to deal with the full VPS and uses the simplest advisers in trade.

Take care, Michael

ForexTraderPortal.com

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