Million Dollar Pips (de milliondpips)
| Ganancia : | +26241.17% |
| Disminución | 39.44% |
| Pips: | 5202.2 |
| Transacciones | 4497 |
| Ganado: |
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| Perdido: |
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| Tipo: | Demo |
| Apalancamiento: | 1:200 |
| Trading: | Automatizado |
Discusión Million Dollar Pips
Aug 17, 2011 at 10:05
I agree. This is not serious! I run MDP for 14 days on live account and it is not even close to profit we see here. When I asked for exact settings under which this account here doing so great profit - their answer was: We use default settings only with v116.
I wouldn't know what this means and of course - their answer is not helpful in any way. Looks like they avoid honest answer.
I wouldn't know what this means and of course - their answer is not helpful in any way. Looks like they avoid honest answer.
Month by month:
Aug 17, 2011 at 10:11
trew posted:
I agree. This is not serious! I run MDP for 14 days on live account and it is not even close to profit we see here. When I asked for exact settings under which this account here doing so great profit - their answer was: We use default settings only with v116.
I wouldn't know what this means and of course - their answer is not helpful in any way. Looks like they avoid honest answer.
No, they are serious. The settings are most likely default. The problem is....it is a demo account and therefore not subject to slippage. You get perfect fills all the time every time. The problem is getting the orders opened quickly enough and then getting them closed quickly enough......without adverse slippage.
Make losses, but always come out a winner at the end.
Miembro desde Aug 16, 2010
posts 453
Aug 17, 2011 at 10:16
I have set up with default setting, the only change is actually max sim I put to 3 instead of 8 so account won't lag so much, and a lot size corresponding to my liking. Will see how it works.
Was mich nicht umbringt, macht mich stärker.
Aug 17, 2011 at 10:25
If MDP thinking seriously and care how EA is doing on clients' accounts - they should post results from real account. If not - that means only they are not confident with work of their EA. They are scared to run it on real account? But clients can...
Month by month:
Aug 17, 2011 at 10:33
I Try MDP at my Iamfx live. It's failure. Yesterday too many orders and loosened. Now I'll try in different broker and if it will failure again i'll refund...(in the demo the results were very good. Because of this I try on the live.)
Aug 17, 2011 at 10:46
The problem, and it will exist on every broker, is that this EA takes trades with short targets....and it opens trades during highly volatile periods. This means that slippage is usually far worse than normal and therefore...extreme speed of the VPS, connection from VPS to server, and the order server itself.
Several people have talked to their brokers about the problem and the answers they are getting back are....the servers cannot handle the massive influx of orders. The problem is going to exist no matter what. I have talked to tech support and they are passing some concepts I have on to the programmers to see if they want to try the concepts. I am seriously hoping they do, because it will solve some of the speed problems.
Several people have talked to their brokers about the problem and the answers they are getting back are....the servers cannot handle the massive influx of orders. The problem is going to exist no matter what. I have talked to tech support and they are passing some concepts I have on to the programmers to see if they want to try the concepts. I am seriously hoping they do, because it will solve some of the speed problems.
Make losses, but always come out a winner at the end.
Aug 17, 2011 at 13:32
Ever heard of fantasy football? Well this is fantasy Forex trading at its best. On the MDP website the author even claims that this is his real money account. I wonder why? Not saying it can't work but, just a penny for your thoughts...
Don't work hard, work smart.
Miembro desde Nov 15, 2010
posts 183
Aug 17, 2011 at 14:24
I have been emailing the author(william) for over 2 weeks now, and have asked to see his live statement over and over again, but to no avail. This is after he claimed in one of the first emails that his Think Forex live account has the exact same results as the TF demo here.
He is hiding something and does not want to show his live account, but he should be showing it regardless of outcome. Apparently at FPA blog on MDP, people are having many problems getting there refunds, if at all, so this is not good at all. I think this EA has some potential, and maybe can be even better performance if some changes are made.
I went through many sets (usually 8 trades) of trades, and noticed that many of the losers, which are all small, could have been winners if they were left open another 1-3 mins. The other thing thats happening with this MDP EA, is if you have 200 people trading it all at one broker like Think Forex, there servers will simply get bogged down with so many trades being executed at the same time.
He is hiding something and does not want to show his live account, but he should be showing it regardless of outcome. Apparently at FPA blog on MDP, people are having many problems getting there refunds, if at all, so this is not good at all. I think this EA has some potential, and maybe can be even better performance if some changes are made.
I went through many sets (usually 8 trades) of trades, and noticed that many of the losers, which are all small, could have been winners if they were left open another 1-3 mins. The other thing thats happening with this MDP EA, is if you have 200 people trading it all at one broker like Think Forex, there servers will simply get bogged down with so many trades being executed at the same time.
forex_trader_29148
Miembro desde Feb 11, 2011
posts 1916
Aug 17, 2011 at 15:10
do you have a live or demo for us/jpn pair as well?
Miembro desde Dec 15, 2010
posts 795
Aug 17, 2011 at 15:55
Thats very high to run 10%.... I somtimes would push my demo at 2 or 4, but never at 10% unless I had perfect trades.
TioOso posted:
I run this from Aug 4. From USD 3920 to 16230 at this point. But the large profits were on the 5. and 9.
I use default setting except that I use 10% risk.
Click on my Name to see My Live Charts and Bio.
Miembro desde Dec 15, 2010
posts 795
Aug 17, 2011 at 16:03
Got home after watching the MDP web page jump big time on some nice trades. My account jumped $ 20 yesterday and again another $40 this am. My wifes little $250 acount climbed another $20 over night. We are both happy using defaults and trading with a vps and settings are at 1.5%. See my live account to follow my account on IBFX using a VPS. Im going to add $100 or so every few weeks to boost the growth. ONce Im up to around $1600 it should start rapidly accelerating to that milliion dollar goal! Anyone else doing ok on IBFX? My VPS is only 80ms to the broker and back. Im not making as many trades as thinkfx, but Im happy for sure.( sorry, cant share my VPS, I dont wanna loose my speed, I tryed several before finding the correct one)
Aloha...
Aloha...
Click on my Name to see My Live Charts and Bio.
Miembro desde Jun 22, 2011
posts 70
Aug 17, 2011 at 16:04
(editado Aug 17, 2011 at 16:08)
i have buy this ea right now and i have put it on my ecn broker with 300$ but on the top it print base 5000.00
i dont know what this mean.
and all channels are off with the info free margin is too low.
i was thinking i can use this ea with a little startamount of 300$
i am not right?
right now i have get no answer from the support.
i dont know what this mean.
and all channels are off with the info free margin is too low.
i was thinking i can use this ea with a little startamount of 300$
i am not right?
right now i have get no answer from the support.
Miembro desde Dec 15, 2010
posts 795
Aug 17, 2011 at 16:08
Hey there, I bought a new laptop and got highspeed internet at the house.... perfect set up and it couldnt trade at scaping speeds. The net would lag and then boost up ( my netflix would choke sometimes also) and this wasnt in my favor for a scalping robot. Your going to have to find a couple of vps servers and test them on several small accounts and then select only one. A home system most likely isnt going to work and you will have to many loosing trades...
Aloha...
Aloha...
TioOso posted:
Why are my trade different from Million Dollar Pips?
See my trade in https://www.myfxbook.com/members/TioOso/tiooso/148252
They have the same time, close at 09:28. My had loss 0.6 pips and MDP got profit 8.7 , 8.7 , 5.2 and 5.2.
What should I do to have the same?
I use Alpari UK and run the EA on my home computer.
I see that every day when there are trades, I got lower profit than MDP.
😕
Click on my Name to see My Live Charts and Bio.
Miembro desde Dec 15, 2010
posts 795
Aug 17, 2011 at 16:15
I have ran this MDP EA on a small $100 account if your broker will allow it.
Thats at 50:1 ratio and fifo turned on for usa clients. Did the prg run ok on demo? I could never get it to trade on hotforex and forex dotcom. I had used those brokers OK on other EAs but I think the spread was to high to get any tradesfor MDP's.
It would look good on setup but would just sit there and do nothing on those brokers. Im using IBFX and a vps and doing good. Not as good as the MDP web page, but its good for me at default and I started with only $250. My money should be able to double about every 6 or 8 weeks. I have a live account with investor password posted if you would like to follow.
Aloha
Thats at 50:1 ratio and fifo turned on for usa clients. Did the prg run ok on demo? I could never get it to trade on hotforex and forex dotcom. I had used those brokers OK on other EAs but I think the spread was to high to get any tradesfor MDP's.
It would look good on setup but would just sit there and do nothing on those brokers. Im using IBFX and a vps and doing good. Not as good as the MDP web page, but its good for me at default and I started with only $250. My money should be able to double about every 6 or 8 weeks. I have a live account with investor password posted if you would like to follow.
Aloha
MissPipsKiller posted:
i have buy this ea right now and i have put it on my ecn broker with 300$ but on the top it print base 5000.00
i dont know what this mean.
and all channels are off with the info free margin is too low.
i was thinking i can use this ea with a little startamount of 300$
i am not right?
right now i have get no answer from the support.
Click on my Name to see My Live Charts and Bio.
Miembro desde Jun 22, 2011
posts 70
Aug 17, 2011 at 16:28
(editado Aug 17, 2011 at 16:36)
yes on demo it run ok. maybe it is the wrong leverage?
default was 200:1 now i say to the office change it to 400:1
maybe it will helps. i dont know. but i think not.
its not a us broker, then i have to put it of?
why there stand the info with base 5000.00??
default was 200:1 now i say to the office change it to 400:1
maybe it will helps. i dont know. but i think not.
its not a us broker, then i have to put it of?
why there stand the info with base 5000.00??
Miembro desde Jun 22, 2011
posts 70
Aug 17, 2011 at 17:08
now i am completly confus.
on my vps there stand base 5000.00 and no lot size
when i open my account from my desktop then it will be shop 3000
and lots , also he work from my pc but not from my vps, why?? i dont understand this
on my vps there stand base 5000.00 and no lot size
when i open my account from my desktop then it will be shop 3000
and lots , also he work from my pc but not from my vps, why?? i dont understand this
