What is a VPS and do you need one for Alom Trade Manager?

What is a VPS? #

Virtual Private Server (VPS) is a remote computer/machine that is sitting somewhere remotely. It is always switched on 24 hours by 7 days.

A VPS (Virtual Private Server) is a virtual machine that operates independently within a shared physical server. It provides users with a stable and uninterrupted internet connection, allowing them to host applications and access them remotely.

For Alom Expert Advisor, a VPS is not mandatory but highly recommended. Using a VPS ensures that the trade manager remains operational 24/7, even if your personal computer or internet connection experiences interruptions. It offers enhanced reliability and stability for executing trades and managing accounts.

You can get free VPS from AXI and BlueberryMarkets here

How to access VPS? #

Forex traders can use remote access software like Windows Remote Desktop or Teamviewer to remotely access this machine. This simply means that they can switch off their computers at home or use their mobile/tablet to access their trading platform anytime, anywhere.

Benefits of Forex VPS #

  1. VPS is always switched on; trading software like MT4/MT5 is always running

  2. Thus traders can switch off their own computer

  3. No hefty upfront purchase cost; usually a monthly fee

Why must I get a VPS and not use my laptop/desktop? #

Usually 100% uptime guarantee so that your trades are always running and managed

Is there an alternative to VPS? #

An alternative to using a virtual private server (VPS) for running MetaTrader 4 (MT4) is utilizing a Mini-PC. Mini-PCs can serve as a viable option for hosting and running MT4, providing a compact and potentially cost-effective solution. Here is a simple tutorial for configuring a Mini-PC.

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