Revieweing Thrust VPS a New Cheap and Reliable Option for EA Hosting ~ forex trading ea

6:09 AM in a, and, automated, cheap, commercial, ea, for, Forex, hosting, new, option, reliable, revieweing, reviews, september, systems, thrust, trading, video, vps

The subject of Virtual Private server hosting is a very sensitive one that affects all traders who want to use automated trading systems. Although it is possible to build a "home VPS" by setting up a raid backup server, a secondary internet connection and a large UPS this is not practical for most people and renting the service from a provider located within a data center seems like the best idea. Amongst the realms of shared VPS servers - where a single computer is shared as a host between different servers - Thrust VPS comes out as a new, fresh and reliable service that can be used by forex traders to host their metatrader 4 platforms.

There are several problems that usually happen with Virtual Private Servers that make people very reluctant to use one or another service provider. The most common complaint of traders about their VPS servers are unscheduled reboots (usually done for updates) problems accessing their platform through remote desktop and the lack of responsiveness of some support teams. I would have to say that many of these problems occur from time to time will all VPS providers and unless you are using a dedicated VPS (which is bound to be much more expensive) then you will have to deal with this if you want to have a VPS. (note however that using auto-login solutions and adequate security settings removes about 99% of these problems).

A few weeks ago I decided to try a new VPS solution in the market -called ThrustVPS - after hearing some good comments from fellow traders about their reliability, the speed of their servers and the great price. This company offers simple Windows 2008 VPS setups from 14.95 USD a month with 1GB of RAM, 30GB of disk space and 1TB of bandwidth each month. Compared to other VPS providers the amount of RAM is good but the amount of disk space and bandwidth seems rather limited, although much more than adequate for the needs of a regular metatrader 4 user.
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The payment process, setup and initial configuration of the server was quite easy and fast with everything ready within almost less than 1 business day. The server response is fast and the lag towards IBFX, FXDD and Alpari UK servers is low (5-10 ms) (of course, since the server is located in the US the lag towards Alpari UK is higher). The amount of RAM promised is available for use and the load on the VPSs processor seems to be very low at almost all times. Up until now I have not experienced any reboots or any other unusual behavior that may intervene with the Metatrader 4 platforms I have loaded within it.

However you should bear in mind that ThrustVPS is a young company and VPS providers are generally very good in the beginning before they start to get a lot of customers and start to behave in a greedy way. As a company grows and more clients appear they may resort to piling up more VPS on a single computer instead of buying more hardware something that reflects in an overall reduction in performance for some users. Definitely in the beginning almost all VPS providers are this good but time will tell if they are going to keep this level of performance or if they will just start to fill their current computers with more and more VPS servers without any hardware upgrades.

However right now ThrustVPS seems like a very reliable, cheap and fresh option for people looking for a new hosting provider for their Metatrader 4 platforms. This VPS company provides us with a cheap basic VPS plan with enough RAM and disk space to load several Metatrader 4 platforms with a very fast internet connection and a reduced lag to US forex brokers. As always I advice you setup adequate security measures and an auto-login solution which are absolutely necessary for reliable trading within a VPS. Hopefully ThrustVPS will remain this reliable for years but - as I said before - we wont know this for sure until the company starts receiving more customers.

If you would like to learn more about how you can build your own trading systems to run on a VPS based on sound trading tactics with realistic risk and profit targets please consider joining Asirikuy.com, a website filled with educational videos, trading systems, development and a sound, honest and transparent approach automated trading in general . I hope you enjoyed this article ! :o)

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The Indicator Series Understanding Bollinger Bands ~ forex trading jobs from home

8:36 PM in and, bands, best, bollinger, brokers, deposit, five, for, Forex, indicator, nfa, non, reliable, safety, series, the, trading, understanding

If you have been involved with almost any form of technical trading you may have heard and probably used Bollinger Bands. This technical indicator named after its creator - John Bollinger- became one of the most popular tools used by traders during the 20th century. Today I am going to dedicate this post to a description and analysis of this indicator and how it can be used to create successful mechanical trading strategies. I am going to talk about the calculation of the indicator, what it tells us about price action and how we can analyze it to find different types of market inefficiencies. As always the objective of this post will be to teach you how to understand this indicator better and how to design effective systems that tie its logical relationship with price in a rational manner.

So how is the Bollinger Bands indicator calculated ? This is one of the simplest technical indicators available to modern traders. It is formed by two parallel lines plotted around an X period moving average. These lines are distanced from the MA by a certain number of standard deviations. The value of the standard deviation is calculated at the same number of periods as the X period MA. To sum it up the indicator is formed by the following line :

upper band = X period MA + Y times the standard deviation
lower band = X period MA - Y times the standard deviation
central line = X period MA

But what does it tell us ? The standard deviation is simply a measure of how much price moved away from its average. A high standard deviation implies that price moved further away from the central average while a low standard deviation implies that price remained more rangebound and close to its average. When this value is low, volatility is low, when it is high, volatility is high. The plotting of the traditional Bollinger Band indicator with the moving average and standard deviation calculated on close prices over 20 periods is shown below. The upper and lower bands are placed 2 standard deviation measures away from the central line.
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The problem now seems to be to find an exploitable ineffiency using the above indicator. We must therefore find a behavior related to the standard deviation that will produce a forecast of future market movements with a positive mathematical expectancy over a long period of time. However when you attempt to do this you will find that most of your attempts will be frustrated by the fact that volatility related behavior - which is what the standard deviation of price tells us - does not appear to have a relationship with any particular inefficiency. In particular, attempting to capture volatility breakouts using Bollinger Bands is very difficult in forex trading and such a strategy does not hold a positive mathematical expectancy on most currency pairs.

Contrary to popular belief, there is also no clear statistical tendency when evaluating price "touching" the Bollinger Bands. If you attempt to create a strategy to profit from bounces from one side of the band to another you will find that profitable periods will exist but unprofitable periods in which the market will not bounce, but follow a particular band will happen. The same happens if you attempt to do the opposite. None of these approaches seems to give you a positive mathematical expectancy and in the end they do not lend themselves to the creation of mechanical strategies.

Is it not possible then to create a profitable system using this indicator ? Of course not ! Certainly there are ways in which this indicator might be exploited to give entries with positive mathematical expectancies. For example, statistically we might expect price levels outside the bollinger bands to be quite rare and in fact, significant price moves outside the bands might prove to be signals that price is moving decisively in that given direction. We could therefore use these signals to exploit both a short term retracement and a longer term trending movement, expecting price to return within the bands but to continue to move in that direction. Overall entry rules based on this approach have a positive mathematical expectancy meaning that they do provide us with a way to create Bollinger Band-based long term profitable systems.
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As you see it comes down to understanding the meaning of the standard deviation and how price movements that are statistically rare can be exploited to signal - with positive accuracy over the long term - price movements in a given direction. Bollinger Bands are therefore a simple indicator that may not prove to be as useful as traditional technical analysis wants it to be, but it does lend itself to the creation of profitable strategies both on its own and as a compliment to others indicators as shown by the Gods Gift ATR trading system. I am currently developing a few strategies based solely on Bollinger Bands. Will I succeed to make a long term profitable system out of this ? Stay tuned to check it out :o)

If you would like to learn more about automated trading and how you too can create your own systems to achieve success using expert advisors please consider buying my ebook on automated trading or joining Asirikuy to receive all ebook purchase benefits, weekly updates, check the live accounts I am running with several expert advisors and get in the road towards long term success in the forex market using automated trading systems. I hope you enjoyed the article !

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