Autotrading with Metatrader while spleeping

You are placing way too much trust into a system that has too many potential glitches (speaking of the internet) I don't know what you have come up with as far as an EA so I can't say anything about that.
I personally don't trust technology that much so I tend to keep a pretty tight reign on things, have emergency phone numbers ready, redundant computers, redundant connectivity....

I would have to agree, it's always better to host your EA's on your own desktop, with redundant power, redundant connectivity, redundant servers. But many people do not have such options. Some simply live in countries that do not have the infrastructure to allow for redundant connectivity or even redundant power.

Millions of business's that run critical websites that generate income on an hourly/daily basis host their websites on remote servers that which they do not actually own. These websites are just as important for income and security to that business as your EA is to your trading. Yet people entrust their websites to 3rd party hosts all the time.

I would have to say that if you can run the EA at home with redundant power and connectivity by all means do it that way, there really is no better way. However there are services in place to help those who do not have this capability.

It's really a matter of infrastructure and preference. You should not judge a service if you have never tried it.

One could assume that many brokers are scammers yet people still diligently signup with their hard earned dollars as well.

Regards,
DGV

i would go with a reliable VPS. have u checked out amazon's ec2?

there are very cheap vps available. i think running on a remote host is great since they have backup supplies, if i run on my pc, its suceptible to ips malfunctioning or powerouts.

if ur system follows some sort of trend, then its probably not a good idea to leave it unsupervised. you should ALWAYS implement some panic button and be notified of immediately when ur system is getting beat.

however, 24/6 trading IS possible. the common misconception that all autosytems are going to fail when u look the other way. remember its how its designed from the beginning. for my system, the day it will stop making money is when we go back to fixed exchange rates. as long as prices are moving, im set, i dont care about direction.

also, i would not trust mm. there are ECN that will give u a direct T1 connection (very expensive), or even host it on their private servers. i think mbt has it.

thanks a lot for the useful info. could you give an idea how much Amazon cost monthly ?

wow ! great to hear you have a system that can make money regardless of the direction the market moves !

convenient to share ? if not, i can understand..........thanks !

mainly its just scalping the market, particularly one pair, as fast as possible. the problem with it is, there are draw downs to each long series of success. these drawdowns im working on it, can be worth as much as 4 successful trades.

so i have like 18 succesful trades, one bad trade can cost me around 4 succesful trades.

oh its being forward tested since last month, so far its doing very well with near 100% accuracy.

i will release it once i solve that drawdown problem. right now, its a bit dangerous, and you need a rather descent pocket.

i think amazon charges you per use of bandwith or an instance. not sure, chek out their page.