Start cBots anywhere, Launch and forget, Cloud-based Strategy Development.
cTrader cBot Cloud is a feature of the cTrader trading platform that allows traders to develop, backtest, and optimize algorithmic trading strategies (called cBots) in the cloud. cTrader is a popular trading platform used for Forex and CFD trading, and cBots are algorithmic trading systems that can automate trading decisions based on pre-defined rules.
With Cloud-Based Strategy Development, traders can build their cBots directly in the cloud, removing the dependence on local machines. This allows for easier access and management of cBots from any location.
When you are using the cTrader Algo application to create and run your cBots, you will notice that you cbots are automatically Synchronised, this means that by default, they will run on the cloud. A cBot that runs on the cloud does not need the computer on to work, this is because it runs on a cloud server at Spotware.
If you plan to run your cBots on a demo trading account, and you wish to test the performance without having your computer turned on 24/7, we recommend you look at a Virtual Private Server (VPS).
If you do not wish to run your cBots on the cloud or if you are using a demo trading account, you can still run them locally on your computer. Also, you can rent a cheap VPS and run your cBots on a server where you can login and run cTrader Algo.
You can easily turn off the cloud service from syncronising your cBots in the platform settings panel.
You may be wondering the benefits of using the cTrader cBot Cloud service and how does it compare to a standard virtual Private Server (VPS). With a VPS you will have full access to the remote machine.
Find out how to Synchronise your cBots with the cloud, customise and share your cBot with other traders and the requirements needed for a cBot to run on the cloud.