With Trade View’s X-Manager application you can run algos directly inside the trading platform without the need for an expensive Trading VPS.

In this episode, we set up a trading portfolio inside X-Managers cloud server, using only the Trading Strategies inside the Trading Talk Series, and also show ways in which you can manage positions manually that the algos have opened.

Benefits of using a Built in Trading VPS

A built-in trading VPS (Virtual Private Server) like X-Manager can offer several benefits to traders, including:

• Increased reliability: A VPS can provide traders with a stable and uninterrupted trading environment, as it is designed to run 24/7 without interruption. This can help traders avoid technical glitches or internet connectivity issues that can cause losses.

• Faster execution: X-Manager VPS can provide faster order execution, as it is hosted on a server closer to the trading platform, which can reduce latency and improve trade execution speed. This can be especially beneficial for traders who use high-frequency trading strategies.

• Enhanced security: A VPS can provide enhanced security for trading accounts by isolating them from other applications or programs on the trader’s computer. This can help protect against malware or virus attacks that can compromise sensitive trading information.

• Increased flexibility: With a built-in trading VPS, traders can access their trading account from anywhere, anytime, as long as they have an internet connection. This can allow traders to monitor their trades, adjust their positions or strategies, and react to market changes quickly and efficiently.

• Cost-effectiveness: By using a built-in trading VPS like X-Manager, traders can avoid the costs associated with setting up and maintaining a dedicated trading server. This can include hardware and software expenses, as well as ongoing maintenance and upgrades, which can be expensive and time-consuming.

Running the automated strategies on multiple currency pairs can help diversify the exposure of the system

If you would like to learn more about creating automated trading strategies check out the Trading Talk series which has a new episode each week with different topics and concepts on popular automated trading strategies.

Why wait? Get started today.  Sign up for an account today with our partner broker www.tradeview.tech and start creating your own automation.