How to trade automated trading robots more efficiently. Good day all,
today let us discuss what we should be considering when trading with a
commercial expert advisor. So let's assume you have picked a forex robot
to trade with because you like the trade history it has on REAL
accounts. Now we really do want to achieve the same results if not
better right? So if the commercial robot is trading on "broker X" then
if at all possible we should be trading on "broker X". Why you ask?
because the price feeds for brokers are similar but NOT the same. Thus
our trading results WILL be different. Just because the market moved 50
pips in one direction with "broker X" does not mean the market moved 50
pips for "broker Y". Conversely I should add that if you find a broker
with better spreads than "broker X" I would say go for it. Chances are
good you will have at least the same performance if not probably better.
Other things we can do to ensure smooth robot operation is to consider what we are using for trading the robot. Are you using a VPS? because you probably should be. VPS clean
operation can be increased with occasional restarts. I should also note
that you should disable "automatic updates" of windows as this will
auto download files and restart the VPS. Basically you want the minimal
amount of files running on your VPS. The amount of MT4 terminals we are
trading in relation to the amount of memory we have on the VPS is also
crucial, check with your VPS provider for recommended terminals on the package you have.
We
also need to stay current with the latest version supplied to us by the
commercial robot vendors, many times there is good reason for releasing
the newest version. Perhaps the market conditions have changed and the
newest version is coded for these changes.
Keep these few things in mind when autotrading and reap the benefits! Happy Trading!
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