Setting up a Virtual Server from MetaTrader

If, like me, you find using a regular Virtual Private Server (VPS) to be tediously slow, you might want to take a look at the service offered by MetaQuotes – a very different take on a VPS and only $10 a month (or cheaper if you go for the multi-month option). There is also a free one-day evaluation period, if you’d like to test it.

The key advantage is that you can setup and configure directly from your MT platform. No need to load additional MT platforms and no need to manually copy over your files.

Just follow these steps to get going – you will need one Virtual Server per broker account (I have 3 separate accounts for each EA that I’m running around the clock).

1. If you haven’t already done so, register for an MQL5 community account (don’t be put off by the MQL5 – it will be fine for MQL4 / MT4). You can register in the next step, or select tools-options-community from the MT main menu.
2. Log in to your chosen live account on your MT platform, using the Navigator panel, then right-click on your account number; at the bottom of the menu you should see an option for ‘Register a Virtual Server’. Select that and complete the required information.
3. Choose a server – I recommend selecting one with the lowest Ping,ms
4. Choose your plan.
5. And that’s your Virtual Server created – you will see the server appear under your account number in the navigator window.

To setup the EA to run on your server, I recommend the following: -

1. Create a new profile with just the charts open that you will be trading, with each having just the EA that you will be using.  Don’t load anything other than the absolute minimum.
2. With the EA set up as you would have it trade locally, right-click on the server under your account number.
3. Click on the Synchronize experts, indicators
4. And that’s your EA running on another server.  I suggested disabling your local copy of the EA or you might find it running twice on your account.
5. If you ever need to change anything just open the local profile, set up the charts and EAs as you wish, select the Synchronize option again.

I still use a regular VPS for various things: like the News EA (which I might want to configure from my iPad or Mac) and for sending the hourly signals to my forexsticks.com site.   Otherwise I’m really enjoying the MetaTrader option – it’s quick, efficient and very good value for money.
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I’m not an affiliate, by the way – just thought others might be interested. You can read more about it here: http://www.metaquotes.net/en/metatrader4/news/4273
 
Wishing you a very prosperous 2016.