A few days ago I started renting a Virtual Private Server (VPS) to host my Forex Expert Advisor on. This allows me to run the Robot on my Metatrader 4 live account 24/7 with (virtually) no down time.
Virtual servers are the best way to make sure you are getting the most out of your EAs. I am in the process of switching brokers because i didn't like the fluctuations in spread sizes with my last broker, so within about 3 days (the amount of time required to process an eCheck) I will have a significant amount of money in a live Forex account, being profitably traded 24/7 without any interaction on my part aside from changing settings as I see fit.
With even conservative settings this robot can profit about 5-10% a week. It has been reported that some accounts have even doubled in a weeks time. That's 100% profit in 7 days. Not a bad return.
Anyway, I should be trading live on the VPS server within a few days. Ill be sure to post my progress.
Friday, August 7, 2009
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I have been trading the Forex Market for almost 10 years and without any doubt in my mind, any retail forex trader needs to use a profitable expert advisor in my opinion.
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