Using of VPCs
Purpose and advantage
Most MetaTrader users are familiar with the following concept.
The Stop Loss Manager application is executed in a MetaTrader instance active on your computer. While this setup works for many, it does have its drawbacks. For example, if your computer updates the operating system, experiences a power outage, or loses internet connection, your Stop Loss Manager could be offline temporarily. In the worst-case scenario, this could lead to unnecessary losses due to missed opportunities or warning signals the application typically responds to.
In contrast, a virtual private computer (VPC) in automated trading is a remote computer that operates continuously, 24/7. It allows for automatic trades without needing to keep your computer powered on and connected to the internet. These VPCs are typically hosted in server centers equipped with professional power management, stable and fast internet connections, and other technical solutions for long-term stability.
The following illustration shows a more stable approach for executing the Stop Loss Manager. With it, you can avoid the typical update issues associated with Windows by configuring a VPC based on a Linux operating system (e.g., Xubuntu with a desktop environment). Since MetaTrader can also be executed on Linux, the user experience remains unchanged.
You might be wondering how to access this virtual machine?
With a remote access application, like Google Remote Desktop, you can access the virtual desktop environment where MetaTrader and your Stop Loss Manager are executed. As many remote access applications are available for Windows, iOS, or Android, you can use your MetaTrader from anywhere and open/close trades within the remote desktop environment.
This user manual outlines that the Stop Loss Manager can be used with the mobile MetaTrader version for initiating trades, while a desktop instance manages the trade. This desktop instance could be a virtual private machine, eliminating the need to keep a home computer powered on. This strategy is cost-effective because a virtual machine can be obtained for as little as 5 EUR per month. It ensures professional stop loss management around the clock and from any location.
Additionally, this approach ensures long-term stability and the lowest possible ping, as you can choose where to rent the VPC. The proximity of the VPC to the broker's server can lead to better ping results. Dedicated server centers in cities like London, Chicago, and New York cater to this need. Soon, a more detailed article on this topic will be published, along with a step-by-step guide on configuring a VPC specifically for use with MetaTrader. Stay updated by subscribing to the product newsletter.
A service for configuring a Virtual Private Computer (VPC) based on a remote accessible desktop is available. Please send a service request to discuss your requirements.