Million Dollar Pips (bei milliondpips)
| Gewinn : | +26241.17% |
| Drawdown | 39.44% |
| Pips: | 5202.2 |
| Trades | 4497 |
| Gewonnen: |
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| Verloren: |
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| Typ: | Demo |
| Hebel: | 1:200 |
| Trading: | Automatisiert |
Million Dollar Pips Diskussion
Mitglied seit Apr 08, 2011
153 Posts
Nov 01, 2011 at 22:41
Then you need to find a better broker, I had only very small losses, not one order ran to the full stop loss for me.
Nov 01, 2011 at 22:42
I agree.
geektrader posted:
Cinar: Lost it´s profitability? Do you really think it is ALWAYS winning each and every trade? It has drawdowns as well, just like any strategy. There is NO strategy that wins all the time. I´ve run several tick-data backtests on EURUSD from 2001 to 2011 for MDP, there ARE drawdowns, but the curve is almost straight over 10 years and I haven´t seen any other EA like this without that it uses a martingale or a stop loss of 300 pips. In my tick-data backtests from 2009 April to 2011 October, MDP made 92441 Euro with a drawdown of just 4580 Euro and 5316 trades - with a fixed lotsize of 1. That is incredible good!
You should stop trading forex or any instrument if you can´t take a few losses for a long term perfect growth.
also MDP has a parameter to improve backtesting results. you can set the pessimist testing to true to add slippage to the results. so you can see a realistic back test result.
no other bot provide this important feature (from my knowledge and the bots I have tested)
Mitglied seit Aug 16, 2010
453 Posts
Nov 01, 2011 at 22:46
Problem is not a slippage (I mostly get none even for huge orders), but delay in execution, so order has been submitted, but while it is being processed price moves to the requested level and execution is erred, position not modified. This is much worse than any slippage and its impossible to simulate.
Was mich nicht umbringt, macht mich stärker.
Mitglied seit Apr 08, 2011
153 Posts
Nov 01, 2011 at 22:51
No worries about my backtests, I´ve used Dukascopy tick-data and have been live-trading MDP since a few months now. When now running the tick-data backtest for the months I´ve live-traded MDP, the trades almost match 99% to the ones I had on my live account.
Mitglied seit Aug 16, 2010
453 Posts
Nov 01, 2011 at 23:01
Well then I am happy for you. Experience though tells once you start trading bigger execution will start deteriorate or broker overall start to deteriorate. I still think MDP can be used profitable, but some thinking needs to be applied.
Was mich nicht umbringt, macht mich stärker.
Mitglied seit Apr 08, 2011
153 Posts
Nov 01, 2011 at 23:19
Yep:)
Nov 02, 2011 at 13:39
(bearbeitet Nov 02, 2011 at 14:10)
Problem IS slippage once you move to an ECN (like I am), and MMkers are out of the question - I have yet to see a honest MT4 dealing desk broker that doesn't turn into a bucket shop in the long term once you start to be profitable.
And oddly enough, now the people trading a gazillion full lots (...) realize that indeed trading nanolots and mammoth-sized lots is not the same. Why? Because the EA failed on one spike? Please. I also lost 5% of my account but one trade tells nothing, and besides October has been a fantastic month. Only time will tell if the EA will be profitable in the long run, but I am still positive based on what I've seen so far.
P.S. I have to give credit to William Morrision (creator of the EA) for still answering mails promptly and offering support when needed, he also assured he will be offering updates at no extra charge. The upsell is still not an option for me, but this guy has some sort of integrity, which is rare in this FX environment of quick bucks and scams. So still thumbs up to MDP.
And oddly enough, now the people trading a gazillion full lots (...) realize that indeed trading nanolots and mammoth-sized lots is not the same. Why? Because the EA failed on one spike? Please. I also lost 5% of my account but one trade tells nothing, and besides October has been a fantastic month. Only time will tell if the EA will be profitable in the long run, but I am still positive based on what I've seen so far.
P.S. I have to give credit to William Morrision (creator of the EA) for still answering mails promptly and offering support when needed, he also assured he will be offering updates at no extra charge. The upsell is still not an option for me, but this guy has some sort of integrity, which is rare in this FX environment of quick bucks and scams. So still thumbs up to MDP.
Nov 02, 2011 at 14:38
lobotomy8: Jesus, do Your homework before posting a bullshit.
First it's usually around 1.6 pips, right now I just looked and it was 1.3 pips and second it's market maker, they don't charge any commssion on top of that and what's important they do not cheat winning clients - I'm far than a year with them and everything works smooth.
btw. I don't recommnend them as broker for MDP, I don't use MDP with them.
First it's usually around 1.6 pips, right now I just looked and it was 1.3 pips and second it's market maker, they don't charge any commssion on top of that and what's important they do not cheat winning clients - I'm far than a year with them and everything works smooth.
btw. I don't recommnend them as broker for MDP, I don't use MDP with them.
Better to lose an oportunity than a money
Nov 02, 2011 at 14:39
ForexPro: yes they stoplevel is a little high, however I use there strategies that don't care about such a stoplevel.
I didn't have any other issues with them.
btw. For most guys here every broker is scamming them, so just stop trading.
I didn't have any other issues with them.
btw. For most guys here every broker is scamming them, so just stop trading.
Better to lose an oportunity than a money
Nov 02, 2011 at 15:06
crashev posted:
ForexPro: yes they stoplevel is a little high, however I use there strategies that don't care about such a stoplevel.
I didn't have any other issues with them.
btw. For most guys here every broker is scamming them, so just stop trading.
Since you don't trade mdp there, you are in the wrong thread to promote FxPro. That's why you get these reactions, nothing else..
Ofcourse you can swing trade on the daily chart on every bucketshop broker😝
Nov 02, 2011 at 15:12
It's not that every broker is scamming us (or at least me), we're rather talking MDP here and the question is finding a broker which is suitable for this kind of beast specifically. But then again, it's MT4 technology in general which is probably inadeguate for HFT, but that's another topic...
Mitglied seit Aug 16, 2010
453 Posts
Nov 02, 2011 at 19:20
I got some too, but my broker has deteriorated a lot last week. I have switched down to 1 max trade normal risk and will run another test with 8 trades minimal lot for comparison. Lots of errors, slow modification, not timely order closure, trail stop, etc.
Was mich nicht umbringt, macht mich stärker.
Mitglied seit Dec 15, 2010
795 Posts
Nov 02, 2011 at 22:43
I loved that spike... Hope every does also.
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