MetaTrader 4 (MT4) is a widely used, most convenient platform for trading on the foreign exchange market. Financial market analysis and Expert advisors make the life of a forex trader much easier. Trading Signals, The Market, Mobile trading and other significant features are crucial for the successful execution of trades.
More experienced traders utilize numerous MT4 accounts at the same time to increase the magnitude and profit of their trading system. This is a very popular trading strategy, but using too many MT4 platforms on your personal computer can become an insufferable load for your CPU core. Also, home-based trading has persistent problems with speed, security, and stability. Utilization of a Virtual Private Server (VPS) is crucial for successful forex trading. But how many MT4 terminals can you run on a VPS?
There are many factors you have to take into account to determine how many MT4 terminals you can run on your VPS: the amount of data received, charts and their indicators, usage of Expert Advisors and their open trade averages. Every MT4 tool is flexible and can be used differently, but an abundance of indicators and overuse of other tools can overload the CPU of your VPS.
In most cases, clients can run up to 4 MT4 terminals per CPU core. This number can change significantly with the utilization or removal of certain tools, but we do not recommend overloading your VPS CPU. Maintaining your trading system at an optimal, safe, and comfortable level will make sure its efficiency and functionality do not suffer during more intense market hours when CPU usage will spike.
VPS Forex Trader offers a variety of hosting services, which can be changed and modified if required by the customer.
Plans for VPS:
VPS PLAN FX-1: Up to 4 MT4; CPU1 CORE;RAM 1 GB ECC.
VPS PLAN FX-2: Up to 7 MT4; CPU2 CORE;RAM 2 GB ECC.
VPS PLAN FX-3: Up to 10 MT4; CPU3 CORE;RAM 4 GB ECC.
Plans for dedicated servers:
DEDICATED SERVER FX-1: Up to 25 MT4; CPU 1x6 CORES, 12 THREADS; RAM 8 GB ECC.
DEDICATED SERVER FX-2: Up to 75 MT4; CPU 1x10 CORES, 20 THREADS; RAM 16 GB ECC.
DEDICATED SERVER FX-3: Up to 150 MT4;CPU 2x10 CORES, 20 THREADS; RAM 32 GB ECC.
It is in the trader's best interest to not overload MT4 terminals. Only run what is necessary for your system and do not use Expert Advisors or indicators if they do not serve any important purpose. By keeping the most important parts and hiding symbols you will not trade is the best way to optimize your trading system and minimize CPU usage.
When using one or multiple MT4 terminals, keeping your CPU usage below 80% is a good guideline for comfortable, successful trading. This way your system will be prepared for busy market hours and will remain its proper functionality. You can monitor your CPU activity with a Windows Task Manager (CTRL+SHIFT+ESC).
Random Access Memory (RAM) of your VPS is also very important and should not be overlooked. The performance tab on Windows Task Manager allows comfortable monitoring of both CPU and RAM. Make sure the memory available never gets too low. If your trading system requires more memory, contact your VPS provider for an upgrade.
VPS Forex Trader provides great VPS hosting services since April 2011. With the emphasis on customer support, we provide safe, useful services for every client. Utilize our VPS for your trading system and make a significant step in the world of forex trading.
There is no denying the fact that forex trading and market proficiency goes hand in hand. To become a successful forex trader, you have to keep yourself updated with recent market trends. Technical indicators are an integral element of technical analysis that can be used to predict future price changes and market fluctuations.
Luckily, there are many best mt4 and mt5 forex indicators available online that can help you get the better idea about the market changes. In this post, we’ll explain 3 widely used free forex indicators that can ensure great trading results if used correctly.
How it Works?
Let’s admit it, forex traders put in lots of hard work in hope to get some profitable returns. The general misconception about technical indicators is that they’re only beneficial for new traders, but the fact is that they can be used by both novice as well as professional traders to save time.
Forex indicators are based on numerical formulas that make quick computations of numerous price parameters. All you need to do is to visit MetaTrader platform, click on insert and add your preferred indicator to the chart.
The Best Forex Indicators for 2020
Forex indicators are classified into different types and you can pick one or more indicators depending on your particular trading style and requirements. Below you will find three most popular technical indicators that are used by the majority of traders due to their functionality.
Moving Average also known as MA is basically a trend indicator that shows a mean value of a price over a certain time period. In other words, MA helps traders identify and follow the trend by following price fluctuations.
Moving Average recognizes the trend direction, determine reversals and depict potential support as well as resistance levels. A trend is bullish if the price exceeds MA and bearish when the price is less than the moving average.
Simply put, MACD is a technical indicator that demonstrates the market phase. It indicates when the forex market needs correction or rest. Technically, MACD is somehow based on MA except for the fact that it is included in the oscillator’s category of technical indicators. Generally, MACD histogram is used to indicate turns in price by showing considerable ups and downs, divergence and crossover between the chart and the signal line. In addition to that, when MACD interweave the zero line, it represents the bullish or bearish trends.
Bollinger Bands is another popular technical indicator which is used to measure market volatility. Technically, Bollinger Band comprises of 3 lines in which each line represents a Moving Average. The price is continuously encircling the middle band. Bollinger Bands can be a perfect choice for sideways market. There is a selling alert when price exceeds the upper band, while one should buy pairs when the price declines below the lower band.
Conclusion – Use These Three Indicators to Help Your Forex Trading
In conclusion, all the above enlisted technical indicators can do wonders if used at the right time and with right strategy. Make sure to invest some time in understanding what each line/signal/alert mean as it can help you better understand the results.
If you have been reading a lot about trading and the styles of trading, you have probably stumbled upon the swing trading strategy. You might have even read a few short lines about it.
Swing trading is a very popular trading strategy for traders who don’t mind holding their positions for several days at a time. This trading style is quite suitable for those who don’t have much time to spare to monitor the performance of their trades, though they spend maybe a couple of hours for that.
What does swing trading do?
Swing trading tries to spot “swings” within a medium-term trend. The swing trader will only enter when there seems to be a high chance of winning the trade. In general, if there’s an uptrend, your goal is to go long or buy at “swing lows.” Conversely, you want to go short or sell at “swing high” to use the countertrend to your advantage.
How to Swing Trade
You have to remember that your trades will last more than a day. This means that you will have to decide on how much stop loss you are going to place. Usually, swing traders use large stop loss orders in order to weather volatility.
A heads up: you will most like see your trades go against you during the holding time. There can—and there will—be many price fluctuations in the shorter time frames. It goes without saying that you should remain calm during these times. Stick to your analysis and try to have some confidence in your strategy.
Meanwhile, trades usually have larger targets. This means that spreads will not have much of an impact on your overall profits. In other words, you can trade pairs will larger spreads and lower liquidity is quite acceptable.
Top Qualities of a Swing Trader
If you want to be a swing trader, you must have the following qualities.
First, you should have the appetite to hold trades for several days, not being antsy to close it when sudden volatility hits.
Second, you need to be willing to take fewer trades. Such trades should be well-planned and carefully picked, and they should sport good setups.
Third, you should know how to place good and large stop loss orders. This is for you to survive the volatility that comes along with holding trades for more than a day.
Lastly, you should have tremendous amounts of patience. You got to keep a clear head if you want to come out of the trade alive, or you will probably exit the trade without ever gaining anything and in fact losing.
NOT the Qualities of a Swing Trader
On the other hand, you might want to consider another strategy and stay clear of swing trading if you have the following qualities.
First, you’re an action junkie, meaning you like fast-paced and thrilling trading. If you’re like this, swing trading will not satisfy your need for action.
Second, you easily get jittery when volatility hits.
Lastly, you’re not a swing trader if you easily run out of patience and you want to know right off the bat if you win or lose a trade.
Which brokers use MetaTrader?
MetaTrader4 is a popular trading software with a comfortable customer terminal. With many powerful utilities and an easily readable interface, MetaTrader makes trading much easier. The main executable function of opening and closing your position is very easy to use. An investor can manage and control his risk by affecting stop-profit and stop-loss. MetaTrader4 has many unique drawing tools, chart options and technical indicators used to make your trading life that much easier.
Right now, many brokerage companies are utilizing and modifying MetaTrader4 to their advantage. The platforms based on MT4 sometimes have distinct features that attract traders to use the broker's platform instead of the general MetaTrader4. Here we present to you a few brokers which use MetaTrader4 and their advantages.
Pepperstone is a pretty safe broker for Forex trading. It uses a MetaTrader platform suite and offers great popular features like copying trades and automatic, algorithmic trading. The platform also has great premium features to make even bigger improvements to your MetaTrader4. Pepperstone has great customer service and great options on pricing plans. Pricing can differ depending on your choice of account. You can choose a Razor Account, which is based on commissions, or a Standard account. For intermediate traders, Pepperstone is a great choice with amazing customer support and great pricing.
Many Forex traders choose Admiral Markets as their broker. It is a safe broker which offers great investor educator and a lot of great features for your MetaTrader. You can choose from up to four account types with different fees and trading products. Commission and pricing are alike across all accounts. Admiral Markets is an agency broker that simply directs client orders to the parent company. This broker is excellent for MetaTrader due to its Supreme offering, which has mane expert advisors and extremely useful indicators. For a skilled, advanced trader, these tools can make a very big difference, but even for beginners, Admiral Markets has been chosen as one of the best Forex brokers for beginners.
This unique broker has a great, experienced community of social copy traders. This way investors can utilize those unique trader-developed strategies for their own benefit. Without this focus on copy trading, Darwinex has the full MetaTrader, but the offerings are just about average. For self-directed trading, this broker might not be your ideal choice. Its main attractions are the best trader community and many unique social trading features.
MetaTrader itself is not a broker, but a very popular program which allows you to connect to any broker. For safer, more reliable trading, we suggest using VPS Forex Trader with a dedicated MetaTrader4 server. This opens the door for automation and algorithmic trading without any interruptions for a very small fee. Use VPS Forex Trader now to secure and enhance your trading system.
How to get MetaTrader 4 on MAC
Metatrader4 Has been the most popular Forex trading platform for quite some time. Due to popular demand, MetaQuotes Software Corp. has released the mobile version of an application for an iPhone. However, many traders are still unsatisfied with the fact that there is no MetaTrader4 version for the Mac OS operating system. If you are a Mac user, it would be in your best interest to use a much more reliable VPS Forex trader. That does not mean it is not possible to get MetaTrader for this operating system, but it takes quite a few tedious steps to actually do it. Here we present you a way to get MetaTrader4 on Mac.
1. Install Wine on your Mac OS
Known for its clever acronym "Wine Is Not an Emulator", Wine is free software, which can be used by users of other operating systems to properly run an application created for Microsoft Windows. You can install Wine directly into your computer, but a more effective, user-friendly way would be to install PlayOnMac – a Wine-based software, which simplifies and installation of Windows applications on your MAC.
2. Installing PlayOnMac
You can install PlayOnMac by visiting the official website and downloading the latest version of the application. It is easy to install, free to use, and most importantly – does not require a Windows license.
After downloading this DMG package, you'll be able to launch the bundle from the Downloads section of your Mac OS. Your first launcher window will be the installer. When you proceed with your installation, you'll be required to install XQuartz if you haven’t already done that. XQuartz allows proper usage of the X Window System on your OS. This way you'll have all the needed tools to create the proper user interface on Mac OS. After following all the instructions of the installation, you'll be asked to reboot your PC to activate the changes. You can avoid this step if you already have Xquartz.
When you launch the PlayonMac setup file again, you’ll be offered to install Microsoft fonts, which are necessary for MetaTrader4 to work properly. When the installation is complete, your main window should look like this:
3. Update your Wine (optional)
Although there is a version of Wine on your computer, unless you downloaded it from the main website, you might need to update your version. You can do it on PlayOnMac by choosing to select Manage Wine Versions on your upper menu.
Seek out the most stable version of the software containing as many improvements and bugfixes. To make sure your system is stable. After a quick installation, the new version of Wine will be visible on the left part of the PlayonMac window.
4. Install your MetaTrader4
To finally install your MetaTrader4, download the “mt4setup.exe” installer. After you launch it, PlayOnMac will be automatically open your installation. Follow the standard installation process for a MetaTrader4 terminal. After you complete your installation, you’ll be allowed to create shortcuts for your terminal components.
Create the shortcuts you need and the work is done! Your MetaTrader4 terminal will be available for launch through your PlayOnMac window.
Disadvantages and potential issues
Although versions are constantly getting updated, Wine still cannot be called a fully stable software. Some functions of the terminal can be unavailable or won't execute their task properly. Installing and using MetaTrader4 on Mac OS can be difficult, so you might want to go for a VPS Forex trader.
For absolute beginners, Forex trading can be easy to learn, but if you want to make a profit, it is pretty hard to master. More experienced traders achieve their success mostly by ignoring their emotions and using their advanced knowledge. Trading without these traits can still be successful, but it is unlikely that your career will be sustainable.
For successful trading in the foreign exchange market, it is very important to understand the concept of margin. To open and maintain a new position in Forex, you are not required to put up the full amount of money. You can use a small amount of capital for it. The amount we're talking about is known as the margin. If you want to buy $50,000 worth of EUR/USD, you do not have to worry about the whole amount. You only need to pay a small portion of it, for example, $1000. The margin can differ depending on the requirement.
To understand the concept better, you can look at it as a good faith deposit which is required to maintain your new position. It should not be considered as a transaction cost or some sort of fee. This small portion of your capital is set aside from your account by your Forex broker, to make sure that you are capable of covering the loss of the trade.
After you close the trade, this specific margin will return to your account and you’ll be able to use it again for other trades.
The margin requirement is a specific percentage of the whole amount, also regarded as the "notional value” of your position. Margin depends on the forex broker and your currency pair. Margin Requirements can be as low as 0.25%, but some go as high as 10% or even higher. For example, EUR/USD (The currency pair we mentioned before), has a Margin Requirement of 2%.
Required margin is the exact amount of money, expressed in your currency. Let's keep using the same currency pair as an example. If you want to either buy or sell a 50,000 of EUR/USD with a Margin Requirement of 2%, your Required Margin will be $1,000. This amount of money will be used to open and maintain your desired position.
If you decide to trade with margin, the Required Margin, which will be used to open your trading position, will be calculated as a Margin Requirement, which is a percentage of your Notional Value. If you multiply your Notional Value by the Margin Requirement, the result will be your required margin.
There is an undeniable influx of people who are interested in Forex trading. Every inexperienced trader is determined to earn some easy money on the foreign exchange market, but this is only achievable with the right strategy and a reasonable amount of knowledge.
Earning money on Forex revolves around buying a specific currency when its price is low, and selling it after its value has grown. Understanding these concepts is enough to dip your toes in the water, but to achieve bigger success, you have to get familiar with more advanced terminology.
Drawdown is the difference between the current high point of money on your account and the next low point. This difference shows the capital you lost due to unfortunate trades. Losing money on trades is called a drawdown. If you decide to start trading with a $5000, but after some bad trades you end up with $4000, your account balance has suffered a $1000 drawdown. Although this experience is very unpleasant, it is a great way to get the feel of trading on Forex and learn from your mistakes.
Experiencing a drawdown allows you to evaluate the durability of your trading system. A big drawdown can put your trading system into jeopardy. Suffering a huge 50% drawdown puts you into serious danger. You'll have to be very smart about your next trades because you'll need a 100% return just to recover your account balance.
Big investors on Wall Street are very joyful with a 1/5 of profit a year. Experienced investors love to implement aggressive, high risk, high reward strategies, which often can result in a serious drawdown. When it happens, it is advised to utilize a safer, more consistent trading strategy, which will readjust your trading system. Less experienced traders get emotional and feel compelled to over-trade just to get even, which more than often results in even a bigger drawdown.
Over-trading and using too much leverage will most likely lead to a bad trade with serious consequences. Instead of making peace with their bad trade, traders get too confident and aggressive. To avoid even bigger drawdowns, cut your unreasonable trades and try to implement risk-management strategies to stabilize your situation. One good trade is definitely not the way to make a great career, but one disastrous trade will definitely cut it short.
Huge drawdowns can take a toll on your physical and mental health. Big trades have ruined the lives of many traders, so the best way to avoid such disasters is to utilize a trading plan, based on a specific algorithm and a high level of risk management, instead of relying on your emotions.
The best way to avoid big drawdowns is to implement a specific limit of any drawdown you’ll be willing to take. In the world of investors, it is called a stop-loss point. Utilizing automated trading systems with proper supervision will help you avoid trading decisions entirely based on your emotional state. Focus on your strategy, manage your risks, and know when to get out.
VPS or a virtual private server is a great tool to automate your trading on a foreign exchange market. Using this feature allows you to optimize, automate and execute trades much faster and far more efficiently. By connecting to a VPS, you get access to a remote computer working 24/7. Virtual private servers usually run on an operating system very similar to windows, which creates perfect working conditions for inexperienced users. By paying a monthly transfer fee, you will receive remote access to a server with a designated hard drive, RAM, ports with various configurations and an operating system.
The price of a VPS rent can vary depending on the location of a server and your desired specifications. But how do virtual private servers work and help us in our Forex trading?
As already mentioned before, by paying a transfer fee you will receive access to your personal server and a lot of freedom to use it. After that, you'll be able to remotely connect to a server from your personal computer, but operations will be processed on a virtual private server, not on your hardware.
In the past, Forex traders had to perform every operation manually. Following and executing every single trade is very tiring, time-consuming, and leaves a lot of space for human error, mainly based on emotions. Only well-educated traders with a deep knowledge of the foreign exchange market and economical news were the most successful. Great hardware at that time made trading easier, but constant monitoring was extremely stressful for the trader.
Recently, automation took the world by storm and affected almost every aspect of our lives. Even such a complicated sequence of events, which have to be performed to earn a profit on a foreign exchange market were greatly affected by algorithmic automation.
Automated forex trading is a win-win situation for many traders. Beginners who search for an easier way to earn money can invest enough time. A decent amount of knowledge and the right mindset will help inexperienced traders to use automation in their favor and earn some money. Traders with some experience praise the coming of automation. Algorithmic trading combined with knowledge accumulated throughout the years is the factors that guarantee an increase in profit and reduce the immense amount of stress and pressure.
To get the most out of automated forex trading, you have to use a trading platform on your computer. However, there are a few problems that can disrupt this automated process. Lack of access to a computer, power outage and loss of connection to the internet can damage your trades.
The best way to solve this problem is to use a VPS Forex Trader. Using your trading software on a virtual private server removes all the risks we mentioned before. Having access to hardware with high-speed internet can make a significant influence on the success of your trading. VPS Forex Trader will help you choose a plan that satisfies all your requirements and earn some money on a foreign exchange market.
Automation is changing over the world as we know it. At first, it started to take away our most easily replaceable jobs. But in this day and age, algorithmic automation has reached a whole new level. Even such processes like trading in a foreign exchange market can be automated when the trader develops an algorithm used to execute his trading strategy. By utilizing algorithmic automation, experienced traders use trading software to increase the speed and efficiency of their trades. However, automated trading still has some flaws. Leaving your trades to a machine without any supervision is not always a good idea.
Your trading software will stop working due to a power outage or a loss of internet connection. To prevent these inconveniences and increase the efficiency of trades, traders started to use a virtual private server, also known as VPS. But what is Forex VPS hosting and how can you utilize it?
You can use your virtual private servers for many different things, but having access to a computer with high-speed internet and 24/7 accessibility is perfect for Forex trading. For a reasonable monthly fee, the VPS Forex trader allows you to transfer your trading software and keep your automated trading system constantly running.
You can also choose the location of your server which can be chosen strategically to maximize the speed of your transactions. London and New York City are the most desirable locations for a virtual private server.
There are a lot of reasons you should consider VPS for your forex trading. Automation aside, a virtual private server allows you to have access to your trading platform anywhere at any time. This way you can continue to monitor your trades for any corner of the world with an internet connection.
VPS Forex trader facilities are protected from power outages, which is crucial for fully automated trading systems. Trades will be constantly executed without access to your computer. The much faster execution of trades due to a better internet connection gives you a significant advantage against other traders.
One of the most underrated features of a virtual private server is security. If you are an experienced trader, you probably already know how important security is in this business. VPS servers are constantly being checked to make sure that they are functioning and guaranteeing maximum uptime. Antivirus and other software can also be used to make sure that your system has maximum protection.
Trading before automation was a very time-consuming process. Being a successful trader before algorithmic trading software was much harder. Constant monitoring of the market can be a very hard job, requiring great resilience to both physical fatigue and psychological stress. With a VPS forex trader, you make the software do most of the work, while you are left with the most interesting, but perhaps challenging parts of trading. Virtual private servers and automation completely revolutionized trading in a foreign exchange market. It is a great tool for both beginners and experienced traders alike.
We are excited to announce, that Dedicated servers and VPS from now are available in New York Equinix data center. New location will give you ultra low latency to brokers, like IC Markets, Pepperstone, Advanced Markets, AvaTrade, Oanda, FXOpen and others which are based in New York.
You can find specifications and pricing here: