Million Dollar Pips (de milliondpips)

Gain : +26241.17%
Drawdown 39.44%
Pips: 5202.2
Transactions 4497
Gagné:
Perdu:
Type: Démo
Levier: 1:200
Trading: Automatisé

Discussion Million Dollar Pips

May 20, 2011 at 02:45
Vues 226,687
3,872 Replies
Membre depuis Aug 16, 2010   posts 453
Dec 13, 2011 at 00:22
I am yet to see any slippage with pending orders. In retail forex 99% liquidity is provided by your broker, so talking about liquidity in regards to filling your order is nonsense unless you trade directly with bank and execute 100-lots positions. Liquidity all are concerned about influence market moves (they become unsustainable which is good for MDP) and spreads that rise (which is bad but if spread is over the top MDP won't trade).
Was mich nicht umbringt, macht mich stärker.
Membre depuis Dec 15, 2010   posts 795
Dec 13, 2011 at 02:53
If you change your risk, you need to do it soon.
Garry
Click on my Name to see My Live Charts and Bio.
Membre depuis Jan 31, 2011   posts 724
Dec 13, 2011 at 05:20

   mistificator posted:
   I am yet to see any slippage with pending orders. In retail forex 99% liquidity is provided by your broker, so talking about liquidity in regards to filling your order is nonsense unless you trade directly with bank and execute 100-lots positions. Liquidity all are concerned about influence market moves (they become unsustainable which is good for MDP) and spreads that rise (which is bad but if spread is over the top MDP won't trade).

That is correct. If you are trading with a dealing desk broker, you won't have your slippage increased. You will start seeing longer fill times and requotes. You will only see greater slippage with ECN and STP brokers.
Make losses, but always come out a winner at the end.
Membre depuis Aug 16, 2010   posts 453
Dec 13, 2011 at 07:30
I don't see any point in trading with broker that would slip you constantly be it MDP or something else. It only means their market making ability or their liquidity provider's market making ability sucks or non-exist. Market making is good for traders, otherwise spreads would be huge and slippage dramatic. Thus said, my broker is also ECN/STP. But this model of operating does not forbid to make market as long as they always pass the best price, be it from liquidity providers or themselves.
Was mich nicht umbringt, macht mich stärker.
Membre depuis Nov 23, 2011   posts 13
Dec 13, 2011 at 07:35
Anyone want to purchase MDP lic one for $60 or 2 License for $100.00
Perseverance
Membre depuis Oct 18, 2011   posts 55
Dec 13, 2011 at 17:01

   amag80 posted:
   Anyone want to purchase MDP lic one for $60 or 2 License for $100.00

Why would you want to sell it. You could easy make back your purchase money in a few trades or even in one trade.

Selling takes soo much effort and for what... $100 that is the price of a used toothpick in the forex world
Plan your trade, trade your plan
Membre depuis Nov 26, 2011   posts 126
Dec 13, 2011 at 18:50
in live trading environ This EA is a pip from worthless
My recommended Broker
Membre depuis Jan 31, 2011   posts 724
Dec 13, 2011 at 18:54
Not when the market is right for it! 😁
Make losses, but always come out a winner at the end.
Membre depuis Aug 12, 2011   posts 40
Dec 13, 2011 at 19:00

   MetaCoder posted:
   in live trading environ This EA is a pip from worthless

On what do you base your statement? I have almost tripled my money in less that 6 months. if that's worthless than you need to stop wasting this forums time. Why don't you show your results with this ea on myfxbook? If you had poor results that led to that statement I can understand that.
Membre depuis Aug 16, 2010   posts 453
Dec 13, 2011 at 19:17
Same as with manual trading: you need to have a portfolio of trading methods for different trading conditions. Currently I have FGB down but manual trading offsets odd MDP losses and slowly builds account up.. But as you say when time is right MDP rocks.


   fughe posted:
   Not when the market is right for it! 😁
Was mich nicht umbringt, macht mich stärker.
Membre depuis Jan 31, 2011   posts 724
Dec 13, 2011 at 19:56
I make more money trading manually than anything.....

hey MetaCoder, let us know what you have experienced with MDP, and you broker and VPS. Maybe we can help you sort it out.
Make losses, but always come out a winner at the end.
Membre depuis Aug 16, 2010   posts 453
Dec 13, 2011 at 21:23
I think my mistake is I don't trust enough my own trading, despite the fact I am positive most of the time..


   fughe posted:
   I make more money trading manually than anything.....

hey MetaCoder, let us know what you have experienced with MDP, and you broker and VPS. Maybe we can help you sort it out.
Was mich nicht umbringt, macht mich stärker.
Membre depuis Oct 03, 2010   posts 155
Dec 13, 2011 at 21:29
Frankly, I cannot make this EA profitable for me. This EA will place trades on spikes and hope for the best.
Membre depuis Jun 15, 2011   posts 270
Dec 13, 2011 at 21:50
What about today? I have losses about 2% today...
Membre depuis Jan 31, 2011   posts 724
Dec 13, 2011 at 22:02

   jsintl posted:
   Frankly, I cannot make this EA profitable for me. This EA will place trades on spikes and hope for the best.

You have described the trading style of every EA ever created, not including the spike part. EAs are literally playing a game of statistics. It requires a human to process enough info to make 'informed' decisions about trades. To even approach human capacity, a system would require a mainframe to function.
 
Make losses, but always come out a winner at the end.
Membre depuis Aug 16, 2010   posts 453
Dec 13, 2011 at 22:17

   mcymcy posted:
   What about today? I have losses about 2% today...

Small loss for me today, mostly offset by manual gains. Still sad to see day gone in red after making successful trades myself.
Was mich nicht umbringt, macht mich stärker.
Membre depuis Sep 14, 2011   posts 140
Dec 13, 2011 at 23:08
2% loss, MDP is unable to perform for last couple of weeks, this is sad.
I think that developer should run new optimization and deliver a new version to us.
Market has changed very much comparing to spring/summer
Membre depuis Aug 20, 2011   posts 588
Dec 13, 2011 at 23:13
the market change. but the spikes still here and MDP still not a trend based EA.
as expected december is not a good month for this type of EA. will see next year.
Membre depuis Aug 16, 2010   posts 453
Dec 13, 2011 at 23:35
with the benefit of hindsight FGB would be banking well this week.
Was mich nicht umbringt, macht mich stärker.
Membre depuis Oct 03, 2011   posts 22
Dec 14, 2011 at 00:06
@MistiFX.
I'm actully running FGB on a test account as we speak. it lost alomst 600 pips this week.
Be glad you stuck with MDP
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