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Dumb question?

  • #1
  • First Post: Jan 29, 2008 1:53am Jan 29, 2008 1:53am
I am thinking about running an EA but I am concerned about putting my hard earned money at risk in the event of my computer not working or the internet failing (it did just today in fact for a few minutes).

EA's only work with the computer running and the internet working right? I mean, I can't set up an EA to work with my computer turned off not hooked up to the internet can I?

Or, what it everything is working fine and my EA places an order but then my internet fails, it will still be executed right? The stop and take profit will be honored correct (because that is set up by the EA with the broker)?
  • #2
  • Jan 29, 2008 10:37am Jan 29, 2008 10:37am
Quoting Jared
I am thinking about running an EA but I am concerned about putting my hard earned money at risk in the event of my computer not working or the internet failing (it did just today in fact for a few minutes).

EA's only work with the computer running and the internet working right? I mean, I can't set up an EA to work with my computer turned off not hooked up to the internet can I?

Or, what it everything is working fine and my EA places an order but then my internet fails, it will still be executed right? The stop and take profit will be honored correct (because that is set up by the EA with the broker)?
Your EA is executed on your pc, sending orders to your broker. If your pc is not running, no orders or modifications to existing orders can be sent to your broker.

I use SpyBot Search & Destroy to restart the MT4 platform in case of pc restart/reboot, can't help interruptions to internet service, except that hope that the EA was thoughtfully written to compensate for interruptions to internet service.
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  • #3
  • Mar 20, 2008 7:09am Mar 20, 2008 7:09am
Great answer - thanks for sharing that - it is a worry.
  • #4
  • Mar 20, 2008 10:27am Mar 20, 2008 10:27am
1- Your computer (and internet connection) have to be on all the time to run the EA!


2- Any placed stoploss/takeprofit/pending orders sent to the server the broker will care about them for you even you was offline.



Quoting Jared
I am thinking about running an EA but I am concerned about putting my hard earned money at risk in the event of my computer not working or the internet failing (it did just today in fact for a few minutes).

EA's only work with the computer running and the internet working right? I mean, I can't set up an EA to work with my computer turned off not hooked up to the internet can I?

Or, what it everything is working fine and my EA places an order but then my internet fails, it will still be executed right? The stop and take profit will be honored correct (because that is set up by the EA with the broker)?
Stop asking ChatGPT for broken MQL code. VisualMQL it instead.
  • #5
  • Mar 20, 2008 7:56pm Mar 20, 2008 7:56pm
read this article. I think it suggests the best solution for people running EA.

Practical Use of the Virtual Private Server (VPS) for Autotrading
  • #6
  • Last Post: May 24, 2010 1:02am May 24, 2010 1:02am
I was just reading if you keep a balance of over 5K with FXCM they will host the VPS for free, otherwise the deduct $30 from your account.

Something to look at...
Don't wish it were easier, wish you were better. ~ Jim Rohn
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