Thursday, 6 December 2012

Forex Tools,

Forex VPS Hosting

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VPS (Virtual Private Server) hosting allows the Forex traders to use the virtual environment on the hosting company's servers to run the MetaTrader expert advisors non-stop 24 hours a day, 7 days a week. The VPS is always on-line, it won't reboot during the trading week, it's not affected by the power outages and you don't need to worry about keeping your PC on permanently. If you want to run your expert advisors continuously without the unplanned interruptions then Forex VPS hosting for MetaTrader is what you really need. The purpose of the list presented below is to help traders in finding the best VPS hosting for MetaTrader 4 expert advisors.
You can read this blog post if you want to learn more about how VPS hosting works: How Does VPS Work in Forex Trading?
Here's the list of the on-line companies that offer Forex hosting service via VPS:
Sort by:
order | basic package price | rating | name
VPS HostingBasic Package PriceRatingPayment SystemsCountryMT4TrafficOSTrial
Commercial Network Services$307.0   United States, UK 1,000 GB*Windows 
Forex EA VPS$237.9  Bulgaria UnlimitedWindows 
Swvps.com$183.5    USA and UK 250 GBWindows/Unix 
ellict$32.504.3   United States Windows Server 2003 
EZForexHost$69.954.8  United States Windows 
Forex Hoster$69.954.4  Slovakia Unix 
TheSmartFX$496.2  United States 200 GBWindows 
BostonTechVPS$494.6   United States Unix 
HostEasier$353.2   United States 400 GBUnix 
Dewlance$12.507.8    United States 1,000 GBWindows 2008 R2, Windows 2003 R2 
Nextpointhost$258.6  Bulgaria UnlimitedWindows 
Nirvana$458.9 USA/Netherlands/Singapore Linux 
PhotonVPS$23.957.5  United States 500 GBWindows 
eApps$114.4  United States 30 GBUnix 
VPSLAND$184.9 United States 200 GBWindows/Unix 
Host1Plus$12.656.4    Germany Windows/Linux 
HostPlate€19.998.7   Netherlands Windows/Linux 
OmegaSupreme$255.6  Canada Windows 
JFOC Network Solutions$384.8 United States 200 GBUnix (CentOS) 
Ultima Hosts$297.9 USA, Australia and UK 200 GBWIndows 
ForexVPS.ch$694.6 Switzerland Linux 
UCVHOST$124.2  United States 500 GBWindows 
Skydesks$19.955.6  United States Linux 
LinkUpHost$229.4  Bulgaria Windows 
IwisHost$156.4    United States, United Kingdom 1,000 GBWindows 
BW Hosting$2755.5  United Arab Emirates 5 GBWindows 
TradersColo$357.6 United States Windows 
vpsforextrader.com$24.997.8  Lithuania/Germany Windows Server Standard 2008 
Virtrader$39-  United Kingdom 250 GBWindows Server 2008 Standard 
Crucial ParadigmA$555.4   Australia 20 GBWindows 
ForexVPS$354.1  United States 500 GBWindows 
Gallant VPS$74.955.4 United States Unix 
If you are not sure whether you should be using VPS in your trading, here is the list of reasons to start doing so:
  • You have an expert advisor you wish to test on demo and you want it to trade whole day every day without interruptions.
  • You have a profitable EA that needs to be constantly online. The cost of VPS will be compensated with advisors' profit.
  • You have multiple trading accounts with more than one FX broker and you trade from multiple places. VPS will make them all accessible without loading your PC and without requiring you to carry your laptop everywhere you go.
  • You need an extra-fast connection between your expert advisor and a broker. Some VPS are located in the same datacenters (or close to) where the broker's servers are hosted.


Risk and Reward Forex Calculator

The risk and reward calculator will help you to calculate the position's best targets and their respective reward-to-risk ratios based on the Fibonacci retracements from the local peak and bottom. It's a powerful tool to determine the potential risks before entering any positions.

Bullish or Bearish?

Bullish and bearish wave in risk and reward calculation
The price needs to be inside the wave for you to use this calculator properly. Here are the two variants of the wave you can work with — bullish and bearish.
The current price is C; A is the beginning of the wave (bottom for bullish and peak for bearish); B is the local maximum (for bullish wave) or minimum (for bearish wave).
Fibonacci retracements (0.382 and 0.618) are calculated to form the entry, target and stop-loss levels. It's better to enter positions only if the current price (C) is close to 0.382 Fibonacci level.
Price Arequired
Price Brequired
Price Crequired

Results

0.382 Retracement
0.618 Retracement
1st Target
2nd Target
3rd Target
RiskRewardRatio
1st Target:
2nd Target
3rd Target
Attention! It's not recommended to enter a trade if your reward-to-risk ratio is less than 2.
Our position size calculator may also come to use for you as it allows you to calculate the optimal position size depending on the risk you tolerate, the stop-loss level, and the total size of your account.

Position Size Calculator

Position size calculator — free Forex tool that lets you to calculate the size of the position in units and lots to accurately manage your risks. It works with all major currency pairs and crosses. It requires the minimum input values, but allows you to tune it finely to your specific needs. All you need to do is to fill the form below and press the "Calculate" button:
Account currencyrequired
Account sizerequired
Risk Ratio, %
required 
Stop-Loss, standard pipsrequired
Currency pairrequired

Results

Money, USD
Units
Lots
Calculating the amount you can risk is very important if you carefully follow money management strategy. I advise using it every time you manually open a new Forex position. It will take a minute of your time, but it will also save you from losing money you don't want to lose. Position size calculation is also a first step to the organized Forex trading, which in its turn is definite property of the professional Forex trader.
Importance of the thorough position size calculation is stressed out in many influent Forex books. Sizing a position should be done in line with setting the right stop-loss and take-profit levels. And it's hard to lose all the account's money if you manage risk and position size every time you enter the Forex market.
This calculator is also available as a downloadable MetaTrader indicator. The advantages of MetaTrader version:
  • Very fast calculation once set up.
  • Easy to use with mouse-drag interface.
  • Position size calculated in the same software that is used for trading.
  • Automatic reference pair bid/ask prices retrieval.
  • Will work for you even when you are offline.
  • Calculate position size even if EarnForex.com is temporarily offline.
The disadvantages of MetaTrader version:
  • Have to install MetaTrader (4 or 5).
  • Have to download and install the indicator.
  • Isn't as intuitive as this calculator's form.
  • Have to add more currency pairs to Market Watch window of MetaTrader.
  • Calculation for non-standard trading instruments can be buggy.
You might also find our pip value calculator useful. It can help you to find the value of the pip for different currency pairs and for the nonstandard account currencies.

Pip Value Calculator

Use this pip value calculator if you want to know a price of a single pip for any Forex traded currency. Use this free Forex tool to calculate and plan your orders when dealing with many or exotic currency pairs. All you need to do is to fill the form below and press the "Calculate" button:
Account Currencyrequired
Currency pairrequired
Position size, unitsrequired

Results

 
Although knowing the actual value of a pip in the U.S. dollars is trivial for such currency pairs as EUR/USD, GBP/USD, it is quite hard to tell the pip value for these currency pairs if your account is denominated in other currencies, or for any other pairs, which have a base currency other than your account is. These currency pairs also require the knowledge of the bid/ask price to convert the pip value to the account currency.
You might also be interested in our position size calculator. It can help you to calculate the optimal size of the position depending on your stop-loss in pips, risk tolerance and account size.