Million Dollar Pips (By milliondpips)

Gain : +26241.17%
Drawdown 39.44%
Pips: 5202.2
Trades 4497
Won:
Lost:
Type: Demo
Leverage: 1:200
Trading: Automated

Million Dollar Pips Discussion

May 20, 2011 at 02:45
226,678 Views
3,872 Replies
Member Since Jul 24, 2011   150 posts
Sep 12, 2011 at 14:52 (edited Sep 12, 2011 at 14:52)
Just received a new version (1.2.0.) of MDP and MDPUJ. If anyone else experience strange things of this new version I hope to read this here of course.
Member Since Jun 15, 2011   270 posts
Sep 12, 2011 at 15:03
Yes it seems that there's an update. We'll see how it affect.
Member Since Mar 04, 2011   286 posts
Sep 12, 2011 at 15:42
I thnk the update are more powerful then the previous version.
that because the vendor note all the changes and all the prob that his clients are facing like broker order execution timing sllipage spread n all that hope to hear some good experience from other fellow members.
Press F1 for help or Dial 911.
Member Since Jul 24, 2011   150 posts
Sep 12, 2011 at 15:45
I am especially interested to hear your experience in the new setting 'Group_Orders'. I do next week install this new version. In the mean time I hope to read here more of this new release
Member Since Nov 26, 2010   126 posts
Sep 12, 2011 at 15:47
I did not received any e-mail about update. What are the changes? Are there any notes from developer?
Member Since Jul 24, 2011   150 posts
Sep 12, 2011 at 15:48 (edited Sep 12, 2011 at 15:50)

rayong1 posted:
    I did not received any e-mail about update. What are the changes? Are there any notes from developer?
Just a note: We have released a new version of Million Dollar Pips
Version 1.2.0 .

All the details are in the manual so please go over it.

But to cover a few.. it implements improvements into the diagnostics,
it includes a reset script to reset money management variables.

In addition there are some other improvements. It's ALL in the manual.

We have also created another great pair for the robot GBPUSD and
we will be releasing it soon.

Please go to the following links to download each version
(Password is your receipt) :

EURUSD - https://www.milliondollarpips.com/thankyou.php
USDJPY - https://www.milliondollarpips.com/thankyou2.php

Please keep in mind we may respond to emails slower during
this period of release as we will be getting many responses.

Thanks!

William Morrison
MillionDollarPips Team

In the manual:

Group_Orders : Group bunch of orders into one trade if possible, reducing server
communication overhead.



Complete:

Input Settings
Show_Diagnostics: default:true : displays diagnostics area
Show_Debug: For developers purposes to help analyze any issues or actions of the robot.
Verbose: Turns on and off more information about robot functions.
Silent: Turns on or off robot logging. Turns on and off sounds.
NumOrders_Levels: 0 – 4... 0 being, less trades, more profitable, and 4 being more trades, and
less profitable.
Additional_Channels: 0 – 8, increases trading series frequency.
Slippage: Any number, a broker can have a slip in the price causing your results to be slightly
off. This allows you to control when the robot trades during slippage. The lower the number,
the safer and more profitable, but chance of less trades. Higher slippage, means more trades,
but higher chance of failure in trades.
Username: This is your order receipt #.
Magic: Allows you to change the magic number, it helps the robot identify its own trades,
default is fine.
Max_Simultaneous_Orders: Allows the robot to do more trades at once, it will not increase risk
as the robot will adjust accordingly, improves profit potential. Recommend 1 for those wanting
1 trade at a time and U.S. Clients.
FIFO: Must be true if using US broker. This only comes in handy if Max_Simultaneous_Orders is
> 1.
OrderCmt: Allows you to change the comments on each trade.
Pessimistic_Testing: Default is false. Simulates bad live account conditions ( realistic entry and
exit slippages ) in back tests.
Funky_Exit: Default is true. Exits trades sooner.
AutoApply_ECN: Default is true. Use ECN account settings automatically when ECN is detected.
Min_Lots: Lot sizes will never go below this number.
Max_Lots: Lot sizes will never exceed this number.
Risk: Every 1 is about 1% to 1.5% risk of current balance per order.
Risk_Mode_CommPips: Risk determined with target pips when true, otherwise risk based only
on risk %.
Group_Orders : Group bunch of orders into one trade if possible, reducing server
communication overhead.
Trailing_Resolution: This is the stepping for trailing stop. If .0, it will not do anything. If .1, it
will not doing anything. At .2 and up it will act as a step trailing.
Use_Stop_Orders: Set to true if your broker doesn’t deal with slippage when settings stops or
has stop level of 1 or less. This will improve profitability, only true if those conditions are met.
Hard_Stop_Trailing: When true will use hard stops and take profit trailing. Meaning it will
modify the trade as it trails. If off, the trailing will be done internally.
Member Since Jun 15, 2011   270 posts
Sep 12, 2011 at 15:59 (edited Sep 12, 2011 at 16:06)
William put the GBPUSd parity to MDP. Now if u get 3 Of MDP it will cost $297. The EA becomes more expensive!

But GBPUSD will be very good i hope. Because it's a very active parity.
Member Since Sep 03, 2011   23 posts
Sep 12, 2011 at 16:18
is the update 1.2.0 for EUR/USD ??? and when yes ! how i can download it ???
Member Since Jun 22, 2011   70 posts
Sep 12, 2011 at 16:38

bmurat posted:
    is the update 1.2.0 for EUR/USD ??? and when yes ! how i can download it ???

Please go to the following links to download each version
(Password is your receipt) :

EURUSD - https://www.milliondollarpips.com/thankyou.php
Member Since Sep 03, 2011   23 posts
Sep 12, 2011 at 17:31

MissPipsKiller posted:
    
bmurat posted:
    is the update 1.2.0 for EUR/USD ??? and when yes ! how i can download it ???

Please go to the following links to download each version
(Password is your receipt) :

EURUSD - https://www.milliondollarpips.com/thankyou.php

hello, yes i have see this page, but i dont found a link for update 1.20 !!
Member Since Sep 03, 2011   23 posts
Sep 12, 2011 at 17:33
ah misspipskiller :) i change now the settings, what do you write me :) i am curious of tommorw :)
Member Since Jun 22, 2011   70 posts
Sep 12, 2011 at 18:48

bmurat posted:
    ah misspipskiller :) i change now the settings, what do you write me :) i am curious of tommorw :)

I do not know if that Works for you, but for me it works.
You may have a different broker and VPS.
Member Since Dec 15, 2010   795 posts
Sep 12, 2011 at 18:57
ohhhhhh 22 more trades just now, all 3 account live and in profit. havnt yet upgraded... still on version 1.1.6 Im optimized for IBFX and my VPS settings. I have a few spots availible anyone wants to try my VPS setup.

www.Professor53.com

see my charts...

Click on my Name to see My Live Charts and Bio.
Member Since Sep 03, 2011   23 posts
Sep 12, 2011 at 18:59
hi misspipskiller,

have you live or demo account ??
crazy95
forex_trader_7188
Member Since Feb 15, 2010   14 posts
Sep 12, 2011 at 19:06
Version installed 1.2.0 error message :

Connection broker too slow

My vps mammoth and broker pepperstone why ?
Member Since Jun 22, 2011   70 posts
Sep 12, 2011 at 19:15

bmurat posted:
    hi misspipskiller,

have you live or demo account ??

live
Member Since Jun 22, 2011   70 posts
Sep 12, 2011 at 19:16

Professor53 posted:
    ohhhhhh 22 more trades just now, all 3 account live and in profit. havnt yet upgraded... still on version 1.1.6 Im optimized for IBFX and my VPS settings. I have a few spots availible anyone wants to try my VPS setup.

www.Professor53.com

see my charts...



i think stay on version 1.1.6.. i have upgrade and i dont know, but, hmm
Member Since Jul 24, 2011   150 posts
Sep 12, 2011 at 19:18
Not well on MB Trading again:
mt4i.com/users/_million-dollar-pip_
Member Since Aug 20, 2011   588 posts
Sep 12, 2011 at 19:32
Ok... in my case only 1 trade was opened.
I have activated the group trade option.
In fact, the system try to open additional trades, but was not able to because there is no enough money in the account
(My leverage in only 50:1; so 0.1 lot mean a lot of money)

So 1 trade with 0.3 lots and +22pips at the end. good.

Except... my parameters says max lot = 0.2; so why 0.3 lot opened? mmmm... to validate.
Member Since Aug 16, 2010   453 posts
Sep 12, 2011 at 19:35
Great trading today!
Was mich nicht umbringt, macht mich stärker.
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