EA has always been in the back of my mind since the first time I started trading, and now I finally have the resources to delve into this kind of trading. Trouble is I don't know how to run it live on a demo account.
Here's what I did:
-Backtested the EA and got the result under the "Report" tab on the strategy tester window, and saw all the trades that were made under the "Results" tab.
-Dragged the EA onto the chart from the Navigator window and use the exact same EA settings as the one I used for backtesting. I also used the same currency pair and time frame.
-Clicked the "Expert Advisors" and it turned green. At the same time the smiley face appeared next to the name of the EA on the top right hand corner of the chart.
-These boxes were ticked under the setting of the EA (when F7 was pressed): Long & Short position; Enable Alerts; Allow live trading; Allow DLL imports; Allow import of external experts.
-Left it online for the whole day last Thursday, did not make a single trade. But when I ticked the "Ask manual confirmation" box during the day, within minutes it automatically opened the order window and asked for my confirmation.
1) Is there anything else I should do to run an EA live on a demo/real account?
2) What happened to your account in your VPS when the day ends and the week ends? I never left an open position throughout the weekend. One I don't want to do it, and two some brokers apparently take the opportunity to mess around with your carry trade. So for those who've had experience running an EA for weeks/months, how much do they charge you to keep your EA going?
Many thanks in advance guys. I learned a lot from this forum and will contribute where I can.
Here's what I did:
-Backtested the EA and got the result under the "Report" tab on the strategy tester window, and saw all the trades that were made under the "Results" tab.
-Dragged the EA onto the chart from the Navigator window and use the exact same EA settings as the one I used for backtesting. I also used the same currency pair and time frame.
-Clicked the "Expert Advisors" and it turned green. At the same time the smiley face appeared next to the name of the EA on the top right hand corner of the chart.
-These boxes were ticked under the setting of the EA (when F7 was pressed): Long & Short position; Enable Alerts; Allow live trading; Allow DLL imports; Allow import of external experts.
-Left it online for the whole day last Thursday, did not make a single trade. But when I ticked the "Ask manual confirmation" box during the day, within minutes it automatically opened the order window and asked for my confirmation.
1) Is there anything else I should do to run an EA live on a demo/real account?
2) What happened to your account in your VPS when the day ends and the week ends? I never left an open position throughout the weekend. One I don't want to do it, and two some brokers apparently take the opportunity to mess around with your carry trade. So for those who've had experience running an EA for weeks/months, how much do they charge you to keep your EA going?
Many thanks in advance guys. I learned a lot from this forum and will contribute where I can.