Your shared hosting provider should already have a LAMP server installed. You may need to ask your hosting provider to enable mod_rewrite. It's unlikely that redis will be available (redis is used to improve performance through caching), but emoncms can be run without it.
To install emoncms on a shared server
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Check with your hosting provider that mod_rewrite is enabled
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Download the emoncms zip file from:
https://github.com/emoncms/emoncms/archive/master.zip
Unzip to your shared server's public_html folder, rename the folder to emoncms. i.e. You should end up with all the files in the directory public_html/emoncms/
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Create a mysql database for your emoncms installation, note down its name, username and password.
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In your shared hosting /home/username folder create a folder called emoncmsdata to hold your emoncms feed data. (Note: NOT public_html as the data files should not be publicly accessible). Then create three folders within your emoncmsdata folder called: phpfiwa, phpfina and phptimeseries
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In the emoncms app directory make a copy of default_settings.php and call it settings.php. Open settings.php and enter your mysql username, password and database. In the feed_settings section uncomment the datadir defenitions and set them to the location of each of the feed engine data folders on your system.
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Thats it, emoncms should now be ready to use!