The term “private” means exactly what it sounds like. Because your virtual server is dedicated to you, you will not have to share RAM, CPU, or data with other users.

How Does Virtual Private Server Work?

VPS Hosting provides the experience of a dedicated server while sharing the actual server with other customers.

Using virtualization technology, your web hosting company puts a virtual layer on top of the server’s operating system (OS). This layer divides the server into discrete compartments with virtual barriers, allowing each user to install their own operating system and software.

A VPS is genuinely a private server because it separates your files from other users on the OS level. This means that your website is housed in a secure container with assured server resources such as RAM, storage space, CPU cores, and so on. You are not required to share any of it with others.

VPS Hosting

When you select VPS, other websites will be hosted on the same hardware as yours.
Your website is the sole domain assigned to your virtual compartment. That means you get your own operating system, dedicated storage, a strong CPU, expandable RAM, and unlimited bandwidth.
A VPS provides many of the features of a dedicated server at a lower cost. In summary, VPS hosting can provide you with more bang for your buck.

The post What exactly are Virtual Private Servers? (VPS) appeared first on SHDesignLab.

A computer software built to automate forex trading is known as an expert adviser. A currency market is open throughout the world 24 hours a day, seven days a week. You can utilize an expert adviser or a trading instrument known as a “forex robot” to execute deals while you are away.

These tools allow you to trade while working, sleeping, or doing other things. They, like other artificial intelligence platforms, offer various advantages and disadvantages that you should be aware of.

Advantages of Using an EA

If you tend to trade when your emotions get the best of you, an EA takes that component out of the equation. When using an EA, your worries and desire for greater profit will not influence your decisions when responding to trading signals; the EA will execute trades depending on your input. It has no fear of loss or a profit-making mindset; it merely executes deals on your behalf.

If forex trading is your primary source of income, employing an EA might alleviate stress by removing the mental effort of trading. You can complete your day’s trades and go on to other activities or efforts.
A human cannot compare as many factors per second as an EA or robot. Our brains cannot match the speed with which an EA weighs alternatives.

EAs can consider variables for many currency pairs at the same time. Many traders employ EAs because of the rapidity with which they make decisions and act on them.

Disadvantages of Using an EA

One disadvantage of using an expert advisor is that it cannot respond to real-time news. It disregards variables that cannot be programmed into it. You can avoid making a trading error after a news release if you are at your desk monitoring the news.

The EA, on the other hand, is unconcerned with the interest rate decision being released in one hour; it will continue trading (or not) if it is programmed to do so.

Despite the fact that the EA can cope with more variables at once than you can, it can only operate in the way you tell it to. Because you are less rigid in your thinking, you can respond to things that are outside the parameters you’ve established. There may also be occasions when you must intervene to avoid a major trading mistake or seize an opportunity.

Testing and Research

Whether you utilize someone else’s EA or design your own, it’s critical to test it on a practice account over multiple time frames. A practice account puts no actual money at risk and allows you to see how it works for you. It may perform well for you on some currency pairs but not on others.

If you’re using a custom EA, be prepared to tweak the variables from time to time. As market trends shift, your program may need to adjust to keep up.

If you use an EA from another company or individual, keep in mind that the currency market is highly unregulated, making it an ideal environment for scammers to operate. Be wary of EA producers that offer unrealistically big rewards. Understand that some fraudsters recognize that overpromising is a warning flag, and an EA supplier who attempts to strike a balance between hope and believability may also be a scammer.

Above all, conduct your homework before hiring a single expert advisor, and keep your expectations in check. There are several good EAs available, and some traders make year-over-year gains by employing an EA or an automated trading robot. However, at best, their yearly returns are in the high single digits or low double digits.

The post About Expert Advisor appeared first on SHDesignLab.

Pioneer Generation was created in 2019. It is a partially automated expert advisor that uses an indicator, time, and dollar averaging theory to enter and exit trades. This EA is designed to trade most of the pairs, with selective direction only. It needs human assessment based on the Fundamental Analysis (FA) in order to increase its winning rate.  

Similar to most EAs, this EA went through multiple testing, in-sample, out-of-sample testing, and forward test.

See the past results below.

Results for the In Sample Testing (from 2012 to 2016)

Below was the past backtesting result through the MT4 platform without any human intervention.

Results for the Out-Of-Sample Testing (2016 to 2017)

Below was the past backtesting result through the MT4 platform without any human intervention.

Forward Testing results (2018 to 2019)

EA was deployed in different pairs and with some human intervention. Results were obtained through PsyQuation platform (i.e. an independent analytics platform providing MT4 traders with insights to improve trading).

Results BEFORE transited to the new server and account

Result AFTER transited to the new server and account

This EA has retired in Nov 2019 as there were too many multiple numbers of trades opened concurrently.

The post About Pioneer Generation (2017 version) appeared first on SHDesignLab.

An expert advisor is a computer program that is designed to automate forex trading. There is a forex market open somewhere in the world 24 hours a day, seven days a week. You can use an expert advisor or a trading tool called a “forex robot” to carry out trades in your absence.

These tools enable you to make trades while you’re working, asleep or doing other things. Like other artificial intelligence platforms, they have some benefits and issues that you should be aware of.

About Metatrader 4

Any broker that offers the MetaTrader 4 (MT4) trading software can be considered an MT4 broker. MetaTrader 4 and MetaTrader 5 (MT5) belong to a suite of trading platforms developed by MetaQuotes Software Corp. for mobile, web, and desktop computers. A forex broker simply needs a proper license from the developer in order to offer MT4 to you as a customer. However, some forex brokers that offer MT4 may lack proper regulation in the countries in which they operate, thus it is important to only choose trustworthy MT4 brokers. 

The post Everything about Expert Advisor appeared first on SHDesignLab.

An MT4 broker is any broker who provides the MetaTrader 4 (MT4) trading software. MetaTrader 4 and MetaTrader 5 (MT5) are part of MetaQuotes Software Corp.’s range of trading platforms for mobile, web, and desktop computers. To offer MT4 to you as a customer, a forex broker just requires a proper license from the developer. However, some forex brokers that offer MT4 may not be properly regulated in the countries where they operate, therefore it is critical to only use reputable MT4 brokers.

Is MetaTrader 4 a broker?

No. MetaTrader 4 is a third-party trading platform for forex trading that connects to a broker. MetaTrader 4 is the most widely used third-party forex trading platform. There are MT4 alternatives, such as cTrader, which is another popular trading platform. Some brokers, in addition to supplying MetaTrader, develop their own bespoke in-house trading platforms.

Is it possible to trade on MetaTrader 4 without a broker?

You cannot place real trades in the MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platforms unless you first register a live account with a supporting broker. You can open an account with the broker of your choosing and access live rates on the MT4 or MT5 versions of Metatrader by selecting a broker’s server name from the dropdown menu when login in (this applies to the version of the program obtained directly from the developer).
MetaTrader does have a free demo account, which many traders can use without connecting to a forex broker to undertake technical analysis on historical rates – however, this does not include access to actual trading capabilities or updated market rates.

Who designed MetaTrader?

MetaQuotes Software Corp, founded in 2000, is the creator of MetaTrader4 (MT4) and MetaTrader5 (MT5) trading software. The MetaTrader suite, which brokers license and sell to traders, is one of the world’s most popular trading platforms for retail forex and CFDs trading.

How do I set up a broker on MetaTrader 4?

To log in successfully to your MT4 broker you must follow these steps:

To successfully connect in to your MT4 broker, follow these steps:
Get the program via your preferred broker or directly from the developer’s website.
Make a note of the login credentials and broker server name after opening a demo or live MetaTrader 4 account with your broker.
When logging into the MetaTrader 4 (MT4) software, enter or pick the broker’s server name (desktop, web, or mobile).
Enter the login information that was emailed or shown to you in step two.

Is MetaTrader 4 expensive?

MetaTrader 4 is entirely free to use, regardless of whether you have a demo or live account. However, when you purchase or sell securities such as forex and CFDs, you may pay trading expenses levied by your broker (or market-maker) in the form of spreads and commissions.
Depending on the sort of live account you have, it may also cost money to keep trades overnight (known as carry charges or overnight rollover fees) (Sharia-compliant accounts are usually interest-free, but may incur other costs).

Is MetaTrader compatible with automated trading systems?

Yes. Expert Advisors, or EAs, are used to execute automated trading systems on the MT4 and MT5 platforms. An EA will be either a modifiable copy of the original.MQ4 file containing the source code, or an.EX4 (executable) file containing identical code that cannot be modified or tampered with. Those that want to distribute their strategies without releasing their source code frequently opt for the latter.

Is backtesting supported by MetaTrader?

Backtesting, or analyzing historical data to see how a strategy would have fared in the past, is an essential aspect of determining the quality of any automated trading system. Backtesting in MT4 and MT5 allows traders to see how an EA would have performed over a certain time period for a given instrument (like a currency pair, for example).
When an EA is developed and then tested for the first time on historical data, this is referred to as testing on out-of-sample data, which indicates the EA has never used these past prices (in which case the result will not have the benefit of hindsight).

What are the disadvantages of backtesting?

Backtesting is employed not only by traders but also by signal producers. Some developers may purposefully optimize their techniques over a historical data set (i.e., run it numerous times over the last three months of EUR/USD tick data), resulting in curve-fitted outcomes.
While optimizing a strategy using historical data has some advantages, the outcomes of a curve-fitted approach can be misleading because only the best trades are cherry-picked, and the results of forward-testing the same strategy can be drastically different. As a result, before the worth of findings can be appraised, forward-testing a technique may be even more critical than backtesting it.

Is MetaTrader automated trading risky?

Yes. Experts are automated trading systems in MT4 and MT5 that are created by traders and rely on backtesting to prove their profitability. “Past performance is not indicative of future results,” as the well-known market saying goes. The issue with automated techniques is that they rely on hindsight bias. In truth, very few trading strategies are profitable over the course of a year.
While there may be benefits to utilizing an automated approach, traders must be aware of the risks and understand how to evaluate any strategy before implementing it to manage their investing capital.
Here are several tips to help you select a good automated trading strategy:
• Investigate and understand the trading approach (strategy) that the expert adviser use for its automated trading strategy.
• If possible, backtest the strategy over various instruments/timeframes and analyze its historical performance (if available).
• Evaluate the cost of the subscription and the past performance of comparable automated tactics.
• Once you’ve chosen a plan, test it with a little number of funds before gradually increasing your investment size.

What are MetaTrader’s “Expert Advisors”?

Expert Advisors (EAs) or Experts are automated trading systems that may be used with MetaTrader platforms such as MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Professionals are not human. Rather, they are automated trading systems developed by traders to implement a trading strategy.

The post About MetaTrader 4 (MT4) appeared first on SHDesignLab.

Pioneer Generation (2022 version) is an enhanced EA that was originally created in 2017. It is a fully automated expert advisor that uses a combination of different indicators and dollar averaging with offset methodology to determine when to enter and exit trades. This EA is designed to trade GPBUSD pairs and can be used by both novice and experienced investors. It can be one of the most profitable expert advisors you can choose.

This offers different subscription rental options to its users. With good intentions, the founders will help to host the EA in their server so that subscribers will not need to worry about the deployment of this EA.

Back Testing of the EA

When backtesting an idea, we like to use a lot of market data. The more of it we have access to, the better we can decide the robustness of our strategies.  In general, we want to have somewhere between 5-20 years of data to work with, to ensure that changing character of the market is represented in the results, as well as to provide a good sample size.

What most beginning traders do is test their idea on ALL data available to them in the belief that large quantities of data are enough to ensure the validity of their observation. Those who know the concept of curve fitting will understand that this is incorrect. Most likely, what they have done is to fit an idea to market noise, resulting in immediate failure once traded live.

This is where in sample and out of sample testing comes into play as a great method to discover curve fit strategies BEFORE putting money at risk. It is all very simple.

1. Divide all the data into two pieces
2. Do all testing on one of the data pieces
3. Once done testing, verify your findings on the other data piece.

The piece of data used for testing is called in sample and the piece used for validation is called out of sample. Hence, “In sample and out of sample testing.

Results of In sample testing for GBPUSD currency pair from 2012 to 2018

Platform for the backtest: MT4 platform (using control point testing)
Duration for the backtest: From 11 Aug 2012 to 11 Aug 2018 (5 years of past market data)
Capital used: USD$10,000
Lot size: 0.1 and 0.2
The timeframe used for the backtest: 1 hour
Direction: Long and Short trades

Results of Out of sample testing using the same parameter for GBPUSD currency pair from 2018 to 2022.

Results of the GBPUSD pairs after back-tested
(Using 10 years of past trading data)

Platform for the backtest: MT4 platform (using control point testing)
Duration for the backtest: From 11 Aug 2012 to 11 Aug 2022
Capital used: USD$10,000
Lot size: 0.1 and 0.2
The timeframe used for the backtest: 1 hour
Direction: Long and Short trades

The behavior of the Enhanced Pioneer Generation EA.

Check out the two videos below on how the EA will behave.

Typical Characteristics of the Enhanced Pioneer Generation EA

The EA is based on time factors and various indicators to determine the entry points. Once entered, it will deploy a dollar averaging methodology with some offset algorithm to profit from the trades or to recover the losing trades. It is a b-directional EA where it can automatically enter sell or buy trades depending on the algorithm. In other words, while one direction trades are looking for offsetting, the direction trades will be profitable.

The post About Enhanced Pioneer Generation EA (2022 Version) appeared first on SHDesignLab.

AxiTrader is proud to have been regularly recognized around the world for its outstanding trading service, including awards for reliability, trustworthiness, customer service, and client satisfaction.

*Most Trusted Broker UK Forex Awards 2018

AxiTrader is authorized and regulated by the Australian Securities & Investments Commission (ASIC), AFSL number 318232. Axi UK is a trading name of AxiCorp Limited which is registered in England and Wales under registered number 06378544. AxiCorp is authorized and regulated by the Financial Conduct Authority (FCA), Reference Number 509746. It is licensed, regulated, and trusted by traders in 100+ countries.

The above information is found in the Axi Trader web portal and was extracted as of 25 Sep 2022. Please refer to the Axi Trader web portal for more current and detailed information.

The post About Axi Trader Broker appeared first on SHDesignLab.

This is mainly a subscription service for our EA(s) only. As a gesture of goodwill, we can host your MT4 account and a copy of the EA without any charges. You do not necessarily need to subscribe to a Virtual Private Server (VPS). There is no need for you to know the technical know-how.

You can view your MT4 account using the MT4 apps and view your live trades, every time when the EA enters or exit the trades. You are able to enter and exit your trades. However, we would encourage you not to do that as it might disrupt the functioning of the EA(s) as the move may increase your drawdown amount and possibly of blowing up your account.

As a contingency plan, we may interject manually and help to minimize the floating loss if we deemed that floating loss is high. However, this needs your consent and it does not guarantee that the trades will always be recovered.

The scheme was popular and we have reached our capacity and we will not be accepting any interested parties. If you are still keen, please email PioneerGeneration@gmail.com.

Step-by-step guides

Start up a trading account with capital funded. We are using AxiTrader as our broker.

Send us your MT4 account, username, and password. We will help you to deploy the EA into your MT4 account, using a VPS server.

Once done, we will inform you so that you can monitor the trades using your MT4 apps.

Depending on your capital funded, we will send you a subscription button and the system will bill you every month.

The post Subscription Plans appeared first on SHDesignLab.