EA for MT5 [Eos] is released｜Dow Theory x Wave Analysis x SMC
In order to perform automated trading in FX, it is necessary to prepare a PC that can operate 24 hours a day.
In this issue, we will introduce VPS, one of the means to prepare such a PC.
Contents
What is VPS?
VPS stands for Virtual Private Server.
When you sign up for VPS, your own PC environment is prepared on the cloud, and you can start using your PC immediately.
No need to manage infrastructure
It is surprisingly difficult to prepare a PC that can run 24 hours a day at home.
Although it is possible to buy a cheap PC and leave it running, there are various issues to consider, such as storage space, electricity costs, heat exhaust measures, power outages, replacement of the PC when it deteriorates over time, etc. If you want to start casually, a VPS contract is by far the easiest and fastest way to get started, with a low management burden. If you want to start casually, it is better to sign up for a VPS.
Location Advantages
In particular, the use of a VPS is mandatory when trading in overseas FX, and the reason for this is the "location" of the VPS. XM's trading server seems to be located in the UK (*). If an order is issued to this trading server from A. a PC located in Japan, and B. a PC located in the UK, which will be able to accept the order faster? We actually measured the communication speed from the A and B environments to the trading servers... A: about 253 ms (0.253 seconds) B: about 6 ms (0.006 seconds).
※ ログを見ると Access Server UK という表記があります
2019.04.28 05:18:52.514 Network 'nnnnnnn': authorized on XMTrading-MT5 through Access Server UK (ping: 6.59 ms)
Since this time lag can cause a problem of not being able to execute at the intended rate, the environment in which the PC is set up is preferable to that in B.
In other words, if you contract a VPS in the UK environment and can trade with XM trading servers in the UK, network latency is not a major risk, and all you need to do is access the VPS from your work PC in Japan or, in some cases, your smartphone and make the necessary settings. All you need to do is access the VPS from your work PC in Japan or, in some cases, from your smartphone.
Arrange a VPS
How much does it cost?
The price goes up and down depending on the PC specs (CPU, memory, etc.) when you make a contract, but if you look at the specs to the extent that you can run EA stably, the market price will be around 2,000 yen/month, but if you meet the conditions for the method introduced here, you can set up a VPS in the UK. However, in the case of the method introduced here, if you meet the conditions, you can maintain a VPS environment in the UK for almost free. In the case of this method, I feel that the PC specs may be a little insufficient, but I focused on the advantage of being able to start without incurring any costs.
Some Japanese bloggers introduce Japanese VPS for affiliate purposes, but please be aware that you may end up trading under unfavorable conditions for the aforementioned reasons.
Especially for scalping and other types of trading where the slightest rate fluctuation can directly affect your profits or losses, you should choose your trading environment carefully.
Where can I sign up?
You can apply for a VPS from the XM member page.
The VPS service itself is operated by an external company, Beeks Financial Cloud.
Beeks Financial Cloud is a company that focuses on VPS services for individual traders and has data centers in London, New York, and Tokyo, making it a good match for XM's trading servers in the United Kingdom.
In addition to XM, they also provide VPS environments for many other brokerage firms, which shows their extensive experience.
The service originally costs $28/month, but free slots are available upon fulfilling certain conditions.
What are the conditions for free continued availability?
The VPS service is free of charge if you have a minimum balance of 5,000 USD or equivalent (active margin - credit) in your trading account and have traded a minimum volume of 5 round turn lots or 500 round turn microlots (FX, Gold or Silver) in the last 30 days. VPS service is free of charge.
When using the free VPS service, other trading accounts registered with your NADI email address will be counted in the calculation.
The conditions for this are as follows: ・Account balance of 5,000USD (about 600,000 yen) ・Transaction of 5 lots (=500,000 currency) per month.
Since you can spread your money across multiple accounts, it is considered to be a reasonable amount of money for your account balance.
As for the monthly trading volume, it depends on the EA you are using, but in the case of my own EA, it was 8.39 lots in about 20 days. 
The volume of transactions depends on the rate fluctuation situation, but even with only one EA still in operation, it was a line that seemed to be clear enough.
However, the timing of the first fee accrual is the date and time of the contract, so it is likely that fees will be incurred for the first month no matter how hard you try. In this case, the fee ($28) will be deducted from your XM account balance, rather than being paid individually.
I appreciate the fact that I don't have to go through the process individually.
summary
Although a VPS can be used for FX trading without necessarily operating in the above manner, we have introduced this as one way to efficiently use the free space and trade under favorable conditions while keeping costs down.
We would like to introduce the VPS login method and basic setup procedure in another article.
