Generally if you are planning to run your autotrading system 24×7 without human intervention its quite difficult to do it in your local machine due to lots of complexities involved. Some of them are Internet Outages, Power Failures, System Errors, Hardware Failures. During those critical times when you have such outages and you some positions left in the system un-noticed definitely you are likely to get in trouble. In such situations VPS comes to rescue.
Autotrading in India is an evolving concept in india. Most of the Retail traders these days looks more passionated towards learning autotrading concepts. But 95% of the retail traders lack competence in autotrading as people view autotrading as a gambling machine/black magic to make huge money in the markets.
Currently traders maintain non-connected setups for technical analysis and trading. Whenever a trading signal triggers in the charting platform, the orders are placed manually in the trading platform. For active traders, it is error-prone, time consuming and needless duplication of efforts. This pain point is addressed by connecting AmiBroker (charting platform) and Zerodha Trader (Trading platform).
MetaQuotes Software Corp., A worldwide leader in auto-trading software platforms in currency trading, launched , the automated trading championship 2012 (Automated Trading Championship 2011) , an annual competition among trading robot, whereby anyone register as a participant and prize money of $ 80,000 can compete.