Building Automated Trading Strategies October 2018 | Page 11

Minimum Configuration for Retail Traders
These are the minimum requirements for building an automated trading
system:
1. Dedicated ECN trading account (offering competitive pricing)
2. Personal Computer (minimum 5 cores, 8 GB Ram, 300GB HD)
3. Fast and reliable internet connection
4. An Automated Trading platform (usually it’s free)
5. Installing an Expert Advisor (commercial or custom-made)
6. VPS Service (generally offers better and more reliable results)
Using a VPS Service
VPS means Virtual Private Server and it is an internet hosting service. A VPS
service allows traders to run automated strategies on a Virtual Machine
without using their own computers. The aim is to minimize the risk of
connectivity failures and simplify the whole process of trading 24/5.
There are a few Forex brokers offering a free VPS hosting (under a policy):
IC Markets (includes only deposit requirements)
XM Group (deposit and volume requirements)
FBS (deposit and volume requirements)
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