algo in closed MT4 and switched off laptop

[eajurms]

Hi, I have deployed two algo's on Crude Oil in two separate windows in MT4.
One is a "short trade" algo on D1 and another one is a "long trade" algo on H4.
My "short trade" algo is currently active and the "long trade" algo is not yet active (waiting for conditions to meet before it kicks in).
I am afraid, my algos might de-activate the moment I close my MT4 (or close the the two Crude Oil tabs i.e. D1 and H4) and switch off my laptop. Is that true?

1. If yes, how do I make sure my algos dont activate?
2. If no, how would I know that the active one is still active and the sleeping one is waiting to be activated, once I re-open MT4? I cant seem to find any menu option in MT4 to check which algos are deployed.

Can you please help.
Regards

[trader.philipps]

@eajurms EAs can only work when the MT4 instance is running and has a broker connection. If you switch off your Metatrader or PC or close the chart(s) your EA is attached to, your account will stay in the state it is on closure. If you'd have open trades, they keep being open until SL or TP is hit (if set) or you equity is gone.
If you don't want your laptop to run 24h you might consider using a VPS and run your Metatraders there.

[Upstatecashew]

Thats why i run a virtual machine in Azure with redundancy

[eajurms]

@trader-philipps hi mate that is very helpful, thanks heaps.
Question:

1. when I reopen my MT4, is there anywhere I can check what algos are deployed I. E. Active or inactive (yet to become active)?
2. Is the virtual server provided within MT4 anygood, if I want the algos to always be active?
   Thanks in advance

[eajurms]

@upstatecashew hi mate, sorry I didn't follow you. Are you saying you run your trades on virtual server? What's redundancy?
Regards

[l'andorrà]

@eajurms said in algo in closed MT4 and switched off laptop:

@trader-philipps hi mate that is very helpful, thanks heaps.
Question:

1. when I reopen my MT4, is there anywhere I can check what algos are deployed I. E. Active or inactive (yet to become active)?
2. Is the virtual server provided within MT4 anygood, if I want the algos to always be active?
   Thanks in advance

1. Just look at the to right corner of your charts. If you see a happy face with a name there it means there is an active EA there. Otherwise, it is not.
2. It is usefuel if you are testing one or two EAs in a maximum of two different MT4 platforms. More than that and it will be overloaded.

[eajurms]

@l-andorrà thanks heaps. Thats all for now. Happy trading. Regards

[l'andorrà]

You're welcome.

[Upstatecashew]

@eajurms Yeah i run my trading accounts on a virtual server. And redundancy is like a backup server ready and waiting in case the datacenter goes down.