Trade Manager

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Hello,

I'm new to MT5 and I searched for a free trade manager.

I found some options but when trying to open a position it doesn't execute.

My guess is that I forcefully need to buy a VPS to run a trade manager.

Is this correct?

Thank you

 
You can ask the coder/author of this trade manager for support.
Besides, the forex market does not work during the weekend (and today is Sunday).
 
Sergey Golubev #:
You can ask the coder/author of this trade manager for support.
Besides, the forex market does not work during the weekend (and today is Sunday).
Thank you for your reply. I know that forex is closed, i'm testing on crypto. I will get in touch with the developer or maybe get the VPS to run it smoothly! Thank you once again!
 
Pindaro:

Hello,

I'm new to MT5 and I searched for a free trade manager.

I found some options but when trying to open a position it doesn't execute.

My guess is that I forcefully need to buy a VPS to run a trade manager.

Is this correct?

Thank you

Trade manager (ExpertAdvisor aka EA) doesn't usually require VPS to function.

Possible reasons for non-execution include but not limited to the following:

  1. Incorrect installation: your EA may not be properly installed or attached to the chart.
  2. Trading hours: The market may be closed.
  3. Expert Advisors disabled: Automated trading might be turned off in MT5.
  4. Insufficient permissions: The account may not allow algorithmic trading (need to check with your broker CS).
  5. Insufficient balance on the account.
  6. Errors in the trade manager code (if it's a free tool, it might have bugs or compatibility issues).
You need to spend time reading documentation, watching tutorials and practicing with the platform. Remember, every expert trader started as a beginner. Your willingness to learn and to invest your time and efforts will be key to your success with MT5 and trading in general.
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