Million Dollar Pips (By milliondpips)
| Gain : | +26241.17% |
| Drawdown | 39.44% |
| Pips: | 5202.2 |
| Trades | 4497 |
| Won: |
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| Lost: |
|
| Type: | Demo |
| Leverage: | 1:200 |
| Trading: | Automated |
Million Dollar Pips Discussion
Aug 11, 2014 at 08:55
Million dollar pips has been around for ages. It works really well on Demo but unfortunately does not work on real accounts. Won't lose you much either . They sell it for about a hundred dollars or so. But you just waste your money. I wish this thread would just dry up and blow away. Nothing to see here move on
10% month
Member Since Aug 09, 2014
80 posts
Aug 14, 2014 at 18:58
When you check strategies as scalping DEMO accounts are useless because the broker execution is very important. It would be different if the trading strategy was for trade length of hours or days.
Be an investor, not a gambler!
Aug 20, 2014 at 17:37
bluemonkey posted:bluemonkey posted:
Wow, the trackrecord of this EA is magical.
is it real? i know it is a demo account but is the results being manipulated?
NO MANIPULATION. results are all verified by myfxbook.com
A
Does this make you believe it works on a live account as well? If yes, good luck!
Member Since Feb 22, 2011
4862 posts
Aug 21, 2014 at 07:43
bluemonkey posted:
Wow, the trackrecord of this EA is magical.
is it real? i know it is a demo account but is the results being manipulated?
It is not real, It is trading on demo. So you make a lot of virtual demo money.
It does not work on real account as real accounts behaves differently than demo.
forex_trader_8565
Member Since Mar 12, 2010
106 posts
Sep 04, 2014 at 03:38
sometime real account would not open the same position as this demo account.
Member Since Aug 26, 2014
25 posts
Sep 04, 2014 at 06:48
Real account, forward testing is the only true measure of a successful EA
Be Relentless
forex_trader_8565
Member Since Mar 12, 2010
106 posts
Sep 04, 2014 at 13:40
it's the real account with about USD5000, and Million dollar pips got about -50% profit in a short time.
Sep 04, 2014 at 15:39
LOL!
First, -50% is not a profit young trader, it's a loss. Lookup profit in dictionary. But it is also pretty fine action.
Second, putting MDP on real money account? You will lose more money during the next
couple years that's for sure, You are not even at the beginning of the road.
First, -50% is not a profit young trader, it's a loss. Lookup profit in dictionary. But it is also pretty fine action.
Second, putting MDP on real money account? You will lose more money during the next
couple years that's for sure, You are not even at the beginning of the road.
gftcfd posted:
it's the real account with about USD5000, and Million dollar pips got about -50% profit in a short time.
Better to lose an oportunity than a money
Member Since Apr 20, 2010
814 posts
Sep 07, 2014 at 06:28
How you get the Demo to operate 4 years?
Normally the broker just expire my demo Acc after few months or a month.
The Duration of close can happened within 1 second.
Can classified as Arbitrage EA rite ?
ThinkForex allow this ? Or any other broker allow you scalp within 1 second?
Normally the broker just expire my demo Acc after few months or a month.
The Duration of close can happened within 1 second.
Can classified as Arbitrage EA rite ?
ThinkForex allow this ? Or any other broker allow you scalp within 1 second?
Information is Gold when come to organised.
Nov 19, 2014 at 17:05
(edited Nov 19, 2014 at 17:07)
Yep, I think you're right.
I'm running one of the longest live MDP accounts and has entered into unprecedented and serious 50% DD since Sept-2014.
It was enjoying over 800% return up till July this year and then it dramatically sunk in the last three months down to 367%:
https://www.myfxbook.com/members/falcon333/million-dollar-pips/1079422
I just turned this account off.
I'm running one of the longest live MDP accounts and has entered into unprecedented and serious 50% DD since Sept-2014.
It was enjoying over 800% return up till July this year and then it dramatically sunk in the last three months down to 367%:
https://www.myfxbook.com/members/falcon333/million-dollar-pips/1079422
I just turned this account off.
Attachments:
“Ah, but a man's reach should exceed his grasp, or what's a heaven for?” Robert Browning
Member Since Apr 25, 2014
249 posts
Dec 06, 2014 at 18:23
Hi,
I used this EA in my three accounts in past wherein I lost lot of money and I shut it down, since then the vendor has not replied my e mails and not supported to make it profitable.
Regards,
I used this EA in my three accounts in past wherein I lost lot of money and I shut it down, since then the vendor has not replied my e mails and not supported to make it profitable.
Regards,
Help others
forex_trader_29148
Member Since Feb 11, 2011
1916 posts
Dec 06, 2014 at 19:45
over rated ea where only a handfull of people have succes with,and btw over dated too
Dec 25, 2014 at 06:17
dalecam posted:
hi Ovisun,
Thanks for the Build!
Is there a way to stop it from auto updating once i get it going?
Sorry, I don't know, just test it and see if this is autoupdating or not, but I'm not sure if you can use for trading this version anymore.
