subject: Forex VPS – How To Set It Up For Forex Trading [print this page] Forex VPS How To Set It Up For Forex Trading
If you are a trader in Forex and new to Forex VPS then here are some guidelines for you. In this article we will teach you how to set up your own forex vps account for forex trading.
In order to trade in forex you need a software solution that will be up 24 hours of the day. You need something which does not get affected by power outages, laptop crashes, internet problems etc. This VPS solution is a kind of server that works 24 hours of the day and can be accessed remotely where your forex expert advisor is trading. It eliminates the possibility of losing in your trade. And hence Forex VPS is the best choice.
Here is the step by step procedure of setting up a forex vps account for you:
1. Create a link to your VPS from your desktop. Then right click on the desktop and select "New" and then "Shortcut". Now enter the IP address of your VPS and put a name on the shortcut you just created. After you have done this, it will allow you to access the vps anytime from your desktop from the icon you just created.
2. Now you have to upload your forex advisor on to the VPS. You will have to do this via a file manager usually. This is done in order to put your expert advisor on the VPS from your computer.
3. Now you need to install your trading platform on the virtual private server. These platforms can be taken from various forex brokers. You can also download various platforms from internet in case you do not have one.
4. Now install the expert advisor on the trading platform you just downloaded. This is done when you click on the install icon on the expert advisor file. After you have done this you will have to specify the where this file will be installed. You can generally put it in the "experts" folder in the trading platform.
5. After finishing the above step you will have to set up your expert advisor on the trading platform you have installed. Once this is done, drag it onto a Forex chart so as to get started. Depending on the type of adviser you have opted for, you will have to enter the information such as your trading lot size etc. Now you can log off your Virtual Private Server and your expert advisor will start trading for you.
After following the above steps, now you are ready with your forex trading software i.e. your very own Forex VPS
