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
Member Since Aug 15, 2011
117 posts
Feb 27, 2012 at 13:40
Yeah, now forexfactory is showing it for the following week:
https://www.forexfactory.com/calendar.php
They won't escape us, right? 😄
Fred
https://www.forexfactory.com/calendar.php
They won't escape us, right? 😄
Fred
Member Since Aug 16, 2010
453 posts
Feb 27, 2012 at 14:06
Usually when NFP is on 1st of the month, it's moved for 1 week, perhaps same rule is when NFP is on 2nd of the month too.
Was mich nicht umbringt, macht mich stärker.
Member Since Aug 15, 2011
117 posts
Feb 28, 2012 at 15:34
MDP is still alive! +2.1% (2 trades), +3.3 % (4 trades), +4.7 % (3 trades) on the 3 accounts.
Cheers
Fred
Cheers
Fred
Member Since Aug 15, 2011
117 posts
Feb 28, 2012 at 16:45
Hey Kaptain,
better luck next time!
How are you doing overall with MDP for January and February?
Fred
better luck next time!
How are you doing overall with MDP for January and February?
Fred
Feb 28, 2012 at 17:12
Well, January was at a loss of 16%, February was alright with a gain of 19.6%
But why did the thing not traded today? I checked the demo account and it traded (not meaning the demo is any better than the live account).
Well being out of a position is also a position.
But why did the thing not traded today? I checked the demo account and it traded (not meaning the demo is any better than the live account).
Well being out of a position is also a position.
Plan your trade, trade your plan
Member Since Feb 28, 2012
29 posts
Feb 28, 2012 at 19:35
(edited Feb 28, 2012 at 19:40)
~10,1% for me today in 6 trades :) NumOrders_Level 0, Additional_Channels 8, Risk 1,5%. Are these settings ok or too agressive? First test for me with a small account and 1:50 leverage @ Oanda.
To become old and wise you have to be young and stupid first.
Member Since Aug 15, 2011
117 posts
Feb 28, 2012 at 19:43
There are three main possibilities why MDP doesn't trade or trades less:
- smoothed price-feed of the broker
- spread too high
- slow order opening by broker resulting in opening-errors because of price-change in the meantime
Just my two cents!
Kaptain, the loss in January is rather big, there should be better brokers to use MDP with.
By the way, the official demo is trading worse than my live account 1 this year so far 😎
Does that mean that Thinkforex demo conditions are even worse than my broker's live?! I opened a live account at Thinkforex last year. Good luck, that I didn't fund it! 😲
Happy trading everybody!
Fred
- smoothed price-feed of the broker
- spread too high
- slow order opening by broker resulting in opening-errors because of price-change in the meantime
Just my two cents!
Kaptain, the loss in January is rather big, there should be better brokers to use MDP with.
By the way, the official demo is trading worse than my live account 1 this year so far 😎
Does that mean that Thinkforex demo conditions are even worse than my broker's live?! I opened a live account at Thinkforex last year. Good luck, that I didn't fund it! 😲
Happy trading everybody!
Fred
Feb 28, 2012 at 19:47
Eddie_Morra posted:
~10,1% for me today in 6 trades :) NumOrders_Level 0, Additional_Channels 8, Risk 1,5%. Are these settings ok or too agressive? First test for me with a small account and 1:50 leverage @ Oanda.
Adjust the Ad. Ch. to 1. If you rise the Ad. Channels the order frequency will rise.
Member Since Aug 15, 2011
117 posts
Feb 28, 2012 at 19:51
(edited Feb 28, 2012 at 19:51)
@Eddie: Looking at the account in your profile, this doesn't seem like MDP trading. Trades holding time is much too long. Your are lucky that TP was reached and not SL. SL and TP weren't adjusted, from the look of it. Check your trading journal for errors.
Settings seem ok, though, but number of simultaneous order should be lowered, I suggest.
Good luck.
Fred
Settings seem ok, though, but number of simultaneous order should be lowered, I suggest.
Good luck.
Fred
Feb 29, 2012 at 03:42
can you share the think forex experince on real accoutn ??
prototipo posted:
Settings: all default, except: Risk 1.5, FIFO disabled; starting with 11.10.2011, Stop Orders, Hard Stop Trailing and AutoAdjust_ECN are set to false
I coonfigured Risk = 0.8
Why forget thinkforex? I've seen some demo forward test and also some real accounts and they sound good.
what broker do you suggest?
Member Since Feb 28, 2012
29 posts
Feb 29, 2012 at 07:05
The only error I could find was the following one:
As one can see the expert itself didn't try to modify orders after that error, however debug-information of the EA itself placed in the chart didn't show any error. What did go wrong there?
16:08:56 MillionDollarPipsEURUSD_1.2.0 EURUSD,M1: open #9139698 buy stop 0.02 EURUSD at 1.33997 sl: 1.33781 tp: 1.34204 ok
16:08:56 MillionDollarPipsEURUSD_1.2.0 EURUSD,M1: 26:8,1: BUYSTOP price:1.33997 SL:1.33861 TP:1.34124
16:08:56 MillionDollarPipsEURUSD_1.2.0 EURUSD,M1: modify #9139698 buy stop 0.02 EURUSD at 1.33977 sl: 1.33681 tp: 1.34264 ok
16:08:56 MillionDollarPipsEURUSD_1.2.0 EURUSD,M1: open #9139708 buy stop 0.02 EURUSD at 1.33977 sl: 1.33761 tp: 1.34184 ok
16:08:56 MillionDollarPipsEURUSD_1.2.0 EURUSD,M1: 27:8,2: BUYSTOP price:1.33977 SL:1.33841 TP:1.34104
16:09:01 MillionDollarPipsEURUSD_1.2.0 EURUSD,M1: open #9139728 buy stop 0.02 EURUSD at 1.33977 sl: 1.33761 tp: 1.34184 ok
16:09:01 MillionDollarPipsEURUSD_1.2.0 EURUSD,M1: 34:8,3: BUYSTOP price:1.33977 SL:1.33841 TP:1.34104
16:09:01 MillionDollarPipsEURUSD_1.2.0 EURUSD,M1: modify #9139698 buy stop 0.02 EURUSD at 1.33968 sl: 1.33592 tp: 1.34335 ok
16:09:01 MillionDollarPipsEURUSD_1.2.0 EURUSD,M1: modify #9139708 buy stop 0.02 EURUSD at 1.33968 sl: 1.33672 tp: 1.34255 ok
16:09:03 MillionDollarPipsEURUSD_1.2.0 EURUSD,M1: modify #9139728 buy stop 0.02 EURUSD at 1.33968 sl: 1.33672 tp: 1.34255 ok
16:09:03 MillionDollarPipsEURUSD_1.2.0 EURUSD,M1: open #9139752 buy stop 0.02 EURUSD at 1.33968 sl: 1.33752 tp: 1.34175 ok
16:09:03 MillionDollarPipsEURUSD_1.2.0 EURUSD,M1: 36:8,4: BUYSTOP price:1.33968 SL:1.33832 TP:1.34095
16:09:04 MillionDollarPipsEURUSD_1.2.0 EURUSD,M1: modify #9139698 buy stop 0.02 EURUSD at 1.33958 sl: 1.33502 tp: 1.34405 ok
16:09:06 MillionDollarPipsEURUSD_1.2.0 EURUSD,M1: modify #9139708 buy stop 0.02 EURUSD at 1.33958 sl: 1.33582 tp: 1.34325 ok
16:09:07 MillionDollarPipsEURUSD_1.2.0 EURUSD,M1: modify #9139728 buy stop 0.02 EURUSD at 1.33958 sl: 1.33582 tp: 1.34325 ok
16:09:07 stdlib EURUSD,M1: loaded successfully
[b]16:09:07 MillionDollarPipsEURUSD_1.2.0 EURUSD,M1: 37: WARN following error blocked our last trading command (REQUOTING + REPEATING) : invalid stops[/b]
16:09:08 MillionDollarPipsEURUSD_1.2.0 EURUSD,M1: open #9139787 buy stop 0.02 EURUSD at 1.33985 sl: 1.33769 tp: 1.34192 ok
16:09:08 MillionDollarPipsEURUSD_1.2.0 EURUSD,M1: 38:8,1: BUYSTOP price:1.33985 SL:1.33849 TP:1.34112
16:09:09 MillionDollarPipsEURUSD_1.2.0 EURUSD,M1: open #9139793 buy stop 0.01 EURUSD at 1.33988 sl: 1.33772 tp: 1.34195 ok
16:09:09 MillionDollarPipsEURUSD_1.2.0 EURUSD,M1: 39:8,2: BUYSTOP price:1.33988 SL:1.33852 TP:1.34115
16:34:12 MillionDollarPipsEURUSD_1.2.0 EURUSD,M1: 33: Commission_Rate : 0.00000
To become old and wise you have to be young and stupid first.
Member Since Feb 28, 2012
29 posts
Feb 29, 2012 at 07:05
Somehow I can't edit my last post, so here is the error, after which the bot didn't modify any order until they hit T/P:
[qote]
16:09:07 MillionDollarPipsEURUSD_1.2.0 EURUSD,M1: 37: WARN following error blocked our last trading command (REQUOTING + REPEATING) : invalid stops
Before that error the bot did modify the orders in seconds, as you can see in the log above.
[qote]
16:09:07 MillionDollarPipsEURUSD_1.2.0 EURUSD,M1: 37: WARN following error blocked our last trading command (REQUOTING + REPEATING) : invalid stops
Before that error the bot did modify the orders in seconds, as you can see in the log above.
To become old and wise you have to be young and stupid first.
Member Since Aug 17, 2011
20 posts
Feb 29, 2012 at 07:07
I INSTALLED IT ON IBFX AND NEVER ENTRED A TRADE ....AND ON HOT FOREX ASWELL ...AT THINK FOREX ..ALL LOSSES /
live and let die
Member Since Aug 17, 2011
20 posts
Feb 29, 2012 at 07:08
I GIVING IT FOR FREE ...ANY ONE INTERESTED ?
live and let die
forex_trader_63868
Member Since Jan 31, 2012
56 posts
Feb 29, 2012 at 09:04
Sherif Taher, why don't u refund then?
forex_trader_63868
Member Since Jan 31, 2012
56 posts
Feb 29, 2012 at 09:05
Hi Fred, my Avg. Exec. time is 610ms; Avg Open time is 1229ms; Avg Modify time is 504ms. I'm using forexVPS latency time from my Broker is 21ms. My MDP trading sometime triggered sometime not. I'm thinking switch to CNS vps cause the latency is less than 1ms from my broker. Any advise? Thanks.
Fred_Forex posted:
@Wahjay: Ob both my accounts shown in my profile OpenTime is about 500 ms, execution/modificationTime both approx. 350 ms or less. According to my experience and watchiing MDP trade, OpenTime up to 1s is still ok, but ModificationTime should be below 500 ms, at least. The higher this time is the less SO I would use.
Some here boast much faster times and I am still on the lookout for such fast brokers.
Everybody: Please PM for good brokers, should be regulated, preferably FSA UK. Your help shall not be in vain 😄
Thanks!
Fred
