There are various posts in this forum which you can try and search, which will explain how you can manage Empty4 efficiently and use less resources. Things that may affect are:
- number of EA's you run
- number of instances of Empty4 loaded
- number of charts you load up
- number of indicators you use on your charts, you don't need them loaded on charts when running on VPS
- is your VPS didicated or shared
- location of your VPS to broker exchange and etc
You could even try this cheap VPS (which I'm using for this demo) if you want more resources to forward test: http://my.nodevps.net/?cmd=cart&action=add&id=97 but use something like Beeks, CNS VPS or etc close to the exchange for live trading as low (to near zero) latency is preferable.
As I mentioned in my previous post Money/Risk management is important... you set them to your own tolerance level, my tolerance to risk will be much different to yours based on previous experience and change/development of managing my own psychological impact to mannaging loss.
When I refer to Money management: I'm referring to lot sizes which will either increase as the balance increases over time or stays constant (and there are other methods out there that are not implemented in HGB'nG)... you pick one that you are comfortable with.
When I refer to Risk Management: I'm referring to setting Stop losses, Take Profit targets, Break-even, and jump stops... how you use them is up to you... In this case I use a wide stop loss because I want to give HGB'nG room to work with but not let it blow my account completely and currently on demo the return is greater than the DD and losses due to hitting stop losses.
If you have too many options, just pick a starting point, test it to prove that the concept works, make a few changes at a time to see if you can improve it or not (and save backups), also give it time for things to validate/invalidate your current viewpoint/understanding... all this will take time probably weeks/months...
Hope this helps in your continual journey to automated trading
Regards,
Peter
acostafulano » 04 May 2016, 17:23 wrote:
My question is: Given the limited VPS space restrictions, would you recommend turning ON or OFF the MM functions in order to maximize results? I reckon that your good myfxbook results come from having this features ON the vast majority of the test’s run, correct?
Also, another question, you mention SL in one of your last posts, but both your latest setfiles have this at 0. Are you using some kind of external SL?
With so many options and so limited testing space, It’s very hard to make the call on what to test, and what not. Any feedback is appreciated. Thanks Peter
Diego
