Hi All,
I've been working away creating a new system using just the strategy tester for initial feedback and now feel it is time to move to the next stage of development which I believe is demo trading.
My question is what is the best way to do this? To date, I have only opened a demo account with FXCM Australia in order to download & use MT4 and would welcome any advice as to the best way to accomplish this next stage of testing.
For all those who are testing their ideas by using a demo account, do you just run your EA on your computer and leave it switched on all day or do you use a VPS? If its a VPS how does one go about setting one up & running an EA on it??
Sorry for the basic questions. Although I'm new to MT4 and forex trading, I have in the past developed systems to trade equities but that was completely different approach.
My system focuses on the 1HR timeframe, if that makes any difference.
Thanks in advance,
Chorlton
I've been working away creating a new system using just the strategy tester for initial feedback and now feel it is time to move to the next stage of development which I believe is demo trading.
My question is what is the best way to do this? To date, I have only opened a demo account with FXCM Australia in order to download & use MT4 and would welcome any advice as to the best way to accomplish this next stage of testing.
For all those who are testing their ideas by using a demo account, do you just run your EA on your computer and leave it switched on all day or do you use a VPS? If its a VPS how does one go about setting one up & running an EA on it??
Sorry for the basic questions. Although I'm new to MT4 and forex trading, I have in the past developed systems to trade equities but that was completely different approach.
My system focuses on the 1HR timeframe, if that makes any difference.
Thanks in advance,
Chorlton