Million Dollar Pips (による milliondpips)
| 増加 : | +26241.17% |
| ドローダウン | 39.44% |
| ピップス: | 5202.2 |
| 取引 | 4497 |
| 勝利: |
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| 負け: |
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| タイプ: | デモ |
| レバレッジ: | 1:200 |
| 取引: | 自動 |
Million Dollar Pips 討論
forex_trader_32776
Mar 28, 2011からメンバー
1008 投稿
Oct 27, 2011 at 14:56
tradinfool posted:
lobotomy8 posted:
Today majority of trades negative on my accounts so far, how about u guys ?
That was painful. 13 trades, 2 winners and 11 losers -48 pips. Still ahead for the day thanks to that nice trade last night.
wow. WHAT broker? Overall Up 16.2 Pips today. PM if your still struggling for the right setup.
forex_trader_32776
Mar 28, 2011からメンバー
1008 投稿
Oct 27, 2011 at 15:05
HedgeEdge posted:
Exactly and let's not forget that - at least with their ECN Razor - they are not taking the opposite side of the trades as market makers, so it would be their intertest that you succeed in the long run (commissions at $7.53 lot per round turn is also VERY competitive).
For Lots greater than 0.1 lot go to liquidity, Lots smaller are grouped inhouse. pepperstone should really offer two data feeds therefore larger accounts wouldn't experience the SLOW down from 1000's of MDP users with smaller accounts. Damn it should be like this at every broker
forex_trader_36599
May 13, 2011からメンバー
1341 投稿
Oct 27, 2011 at 15:18
guys MDP main algo is Bbands. the rest is trade handling.
But unfortunatelly there is no certain level for the price will reverse when moving fast.
it will some times will make money when price strectched too much and reverse but sometimes even over that strecth level price will keep strecthing and those will be loosers.
there can not be a winning setup for all market condition. order execution speed is one of the parameter. but not effective over %50.
trader must be LUCKY to make consistant profit with MDP. I advise you to dont waste your time. any setup will make money and loose money according to the market condition. current winners will suffer with loss and loosers will be happy with winnings close future. and vice verse again. this system makes money for the broker with spread and comission. not for trader.
walker
But unfortunatelly there is no certain level for the price will reverse when moving fast.
it will some times will make money when price strectched too much and reverse but sometimes even over that strecth level price will keep strecthing and those will be loosers.
there can not be a winning setup for all market condition. order execution speed is one of the parameter. but not effective over %50.
trader must be LUCKY to make consistant profit with MDP. I advise you to dont waste your time. any setup will make money and loose money according to the market condition. current winners will suffer with loss and loosers will be happy with winnings close future. and vice verse again. this system makes money for the broker with spread and comission. not for trader.
walker
Oct 27, 2011 at 15:19
(編集済みのOct 27, 2011 at 15:24)
ForexScam posted:
HedgeEdge posted:
Exactly and let's not forget that - at least with their ECN Razor - they are not taking the opposite side of the trades as market makers, so it would be their intertest that you succeed in the long run (commissions at $7.53 lot per round turn is also VERY competitive).
For Lots greater than 0.1 lot go to liquidity, Lots smaller are grouped inhouse. pepperstone should really offer two data feeds therefore larger accounts wouldn't experience the SLOW down from 1000's of MDP users with smaller accounts. Damn it should be like this at every broker
Didn't know that, great stuff. Do you happen to know if their ECN (Razor) works like that too (i.e. half liquidity providers / half MM)? Because in theory, true ECNs go straight to the liquidity period... and it's a little unusual that Pepperstone offers 0.01 lots on the ECN (Hot Forex does that, too) whereas the industry standard is more like 0.10 (think ATC, etc.).
Anyway I'm trading way bigger than 0.10 and that might be the reason why the orders get filled faster... maybe...
forex_trader_20011
Oct 08, 2010からメンバー
407 投稿
Oct 27, 2011 at 15:53
FYI about HotForex. I have noticed on three separate occasions where the servers went offline for about 10 minutes when there was a market spike. Too Many MDP orders?
Its happened to three times in the past week. Once I actually benefitted, but the other two equalled no trade being placed. I run two separate accounts, one from a US location and 1 from a UK location so I know it is not a VPS issue. The same event affected both UK and US systems at the same market watch time.
According to tech support they are aware of the issue and working on it.
Just an FYI
Its happened to three times in the past week. Once I actually benefitted, but the other two equalled no trade being placed. I run two separate accounts, one from a US location and 1 from a UK location so I know it is not a VPS issue. The same event affected both UK and US systems at the same market watch time.
According to tech support they are aware of the issue and working on it.
Just an FYI
forex_trader_36599
May 13, 2011からメンバー
1341 投稿
Oct 27, 2011 at 15:59
guys
this is the defend mechanism of brokers against HFT and Fast Market moves.
most of the time MT4 lost its connection with server but not give any error. in reality what I assume is Mt4 is not loosing connection with broker, server is suspending the order execution without generating any error that can not be identified by EA. this is also happening with Alpari and Active Traders.
be careful.
this is the defend mechanism of brokers against HFT and Fast Market moves.
most of the time MT4 lost its connection with server but not give any error. in reality what I assume is Mt4 is not loosing connection with broker, server is suspending the order execution without generating any error that can not be identified by EA. this is also happening with Alpari and Active Traders.
be careful.
ibthescottyb posted:
FYI about HotForex. I have noticed on three separate occasions where the servers went offline for about 10 minutes when there was a market spike. Too Many MDP orders?
Its happened to three times in the past week. Once I actually benefitted, but the other two equalled no trade being placed. I run two separate accounts, one from a US location and 1 from a UK location so I know it is not a VPS issue. The same event affected both UK and US systems at the same market watch time.
According to tech support they are aware of the issue and working on it.
Just an FYI
forex_trader_36599
May 13, 2011からメンバー
1341 投稿
Oct 27, 2011 at 16:01
BTW if you trading LIVE ask your broker to give you the sever logs. they should give it to you in the case of situation you are facing currently.
ibthescottyb posted:
FYI about HotForex. I have noticed on three separate occasions where the servers went offline for about 10 minutes when there was a market spike. Too Many MDP orders?
Its happened to three times in the past week. Once I actually benefitted, but the other two equalled no trade being placed. I run two separate accounts, one from a US location and 1 from a UK location so I know it is not a VPS issue. The same event affected both UK and US systems at the same market watch time.
According to tech support they are aware of the issue and working on it.
Just an FYI
forex_trader_32776
Mar 28, 2011からメンバー
1008 投稿
Oct 27, 2011 at 16:07
Hot forex isn't true White Label for Currenex. https://www.currenex.com/about_us_white_label.html
With - https://www.divisacapital.com/ - You can actually see the Order book of liquidity. Until hotforex offers this plugin, I'd say they're tricking traders. https://www.divisafx.com/mt4-dom-plugin-individual.html
Currenex doesn't accept 0.01 lot positions, therefore all positions under this amount are in house. At this point Pepperstone becomes a Market Maker and is exposed to Risk, hence a REASON to delay execution to offset their risk.
With - https://www.divisacapital.com/ - You can actually see the Order book of liquidity. Until hotforex offers this plugin, I'd say they're tricking traders. https://www.divisafx.com/mt4-dom-plugin-individual.html
Currenex doesn't accept 0.01 lot positions, therefore all positions under this amount are in house. At this point Pepperstone becomes a Market Maker and is exposed to Risk, hence a REASON to delay execution to offset their risk.
forex_trader_32776
Mar 28, 2011からメンバー
1008 投稿
Oct 27, 2011 at 16:11
(編集済みのOct 27, 2011 at 16:11)
walker36 posted:
guys
this is the defend mechanism of brokers against HFT and Fast Market moves.
most of the time MT4 lost its connection with server but not give any error. in reality what I assume is Mt4 is not loosing connection with broker, server is suspending the order execution without generating any error that can not be identified by EA. this is also happening with Alpari and Active Traders.
be careful.
Spot ON. Love your knowledge. I've experienced this disconnect myself through the years, and there is Absolutely No Logging or Proof of this happening. Brokers say its our internet connection, or our EA coding. Non sense.
Aug 16, 2010からメンバー
453 投稿
Oct 27, 2011 at 16:17
Jesus.. So much bullcrap is being said here with a scientific tone.. FYI information I have same execution speed for a minilot as for a 10 or 20 standards. Currenex accepts orders as little as 0.04, anything less is not aggregated but offset by broker internally, effectively broker becomes dealer and creates a market, it manages only a complete exposure by offseting inventory, not by gluing orders together. So small orders like micro lots are executed faster. Integral takes orders starting from 0.1 so Integral brokers like Pepperstone will be making markets for orders less than that, there is no other choice they have. This all is basically about brokers that call themselves ECN/STP. Brokers like Alpari are pure Market makers and make markets for all orders managing just their own total exposure therefore been able to offer a faster execution as they need less processing.
Was mich nicht umbringt, macht mich stärker.
forex_trader_36599
May 13, 2011からメンバー
1341 投稿
Oct 27, 2011 at 16:34
(編集済みのOct 27, 2011 at 16:35)
correct in THEORY!
if broker is STP you can get same speed for any size of order. ( if broker want to )
if broker is ECN >5lot order will be ping pong ball between liq. providers and this will slow order execution.
5 lot = 500.000 usd this is not peanut.
broker is doing bussines for making money. not for making their clients rich. they have too many defend mechanism to protect themselves. Also keep that in mind. I assume that in close future there will be some rstrictions for HFT in US market.
walker
if broker is STP you can get same speed for any size of order. ( if broker want to )
if broker is ECN >5lot order will be ping pong ball between liq. providers and this will slow order execution.
5 lot = 500.000 usd this is not peanut.
broker is doing bussines for making money. not for making their clients rich. they have too many defend mechanism to protect themselves. Also keep that in mind. I assume that in close future there will be some rstrictions for HFT in US market.
walker
mistificator posted:
Jesus.. So much bullcrap is being said here with a scientific tone.. FYI information I have same execution speed for a minilot as for a 10 or 20 standards. Currenex accepts orders as little as 0.04, anything less is not aggregated but offset by broker internally, effectively broker becomes dealer and creates a market, it manages only a complete exposure by offseting inventory, not by gluing orders together. So small orders like micro lots are executed faster. Integral takes orders starting from 0.1 so Integral brokers like Pepperstone will be making markets for orders less than that, there is no other choice they have. This all is basically about brokers that call themselves ECN/STP. Brokers like Alpari are pure Market makers and make markets for all orders managing just their own total exposure therefore been able to offer a faster execution as they need less processing.
Oct 27, 2011 at 16:58
Alpari has a true fifth decimal STP and it's not at all true they are pure MM, it's their Pro account, now I'd really like to know if the execution time is identical between in house MM and orders passed to the liquidity providers where the depth should be immensely greater (in theory). Only thing you have to take 3 lots as min. orders, and the account has to be way big for that (much bigger than the suggested $20000). Any solid evidence for that would be great - not 'I trade microlots, then I trade 100 standards' - I highly suspect that most trade no more than 0.05, and you can't use that to draw a conclusion.
forex_trader_36599
May 13, 2011からメンバー
1341 投稿
Oct 27, 2011 at 17:31
(編集済みのOct 27, 2011 at 17:32)
I must say that Mr William ( the creator of MDP ) is a honest guy.
If I were him I would change system from reverse order execution to forward order execution with reverse tick. this can prevent the slippage most of the time and orders will be opened with the current price move not against.
the MDP idea is really good. the code is really well coded and I am sure some hundred of hours are spent to code it correct. surly coded by the PRO coders most probably by a Tech company.
but unfortunatelly HFT is not suitable for MT4. I have experienced that. it sometimes work sometimes not.
Lot size selection is not important. everything is in the brokers hand. if they dont achive their target profit they just change some setup on 'VDP' and bring it to the target level. they are bussines man not RED CROSS. and unfortunatelly they cheat and manuplate.
for 0.01 lot broker cant use the same expensive system as they used for PRO accounts. so basicly they use cheaper system with agreesive VDP setup.
walker
If I were him I would change system from reverse order execution to forward order execution with reverse tick. this can prevent the slippage most of the time and orders will be opened with the current price move not against.
the MDP idea is really good. the code is really well coded and I am sure some hundred of hours are spent to code it correct. surly coded by the PRO coders most probably by a Tech company.
but unfortunatelly HFT is not suitable for MT4. I have experienced that. it sometimes work sometimes not.
Lot size selection is not important. everything is in the brokers hand. if they dont achive their target profit they just change some setup on 'VDP' and bring it to the target level. they are bussines man not RED CROSS. and unfortunatelly they cheat and manuplate.
for 0.01 lot broker cant use the same expensive system as they used for PRO accounts. so basicly they use cheaper system with agreesive VDP setup.
walker
Oct 27, 2011 at 18:17
I'm 100% positive that the guys at Alpari are using the virtual dealer plugin on the so called 'instant execution' accounts which are the market makers (Micro and Classic) but I refuse to believe that their Pro account is manipulated as well.
This is not a random scam broker like ThinkForex, but one of the biggest players in Europe... I mean c'mon if Alpari is cheating their $20k clients I'm quitting forex!
This is a little OT since we're talking MDP here but at one point I had the insane idea of giving it a shot there, too.
You must have big pockets though, at least 100k since the traded volumes start from 3 lots... no microlots crap, etc.
This is not a random scam broker like ThinkForex, but one of the biggest players in Europe... I mean c'mon if Alpari is cheating their $20k clients I'm quitting forex!
This is a little OT since we're talking MDP here but at one point I had the insane idea of giving it a shot there, too.
You must have big pockets though, at least 100k since the traded volumes start from 3 lots... no microlots crap, etc.
forex_trader_36599
May 13, 2011からメンバー
1341 投稿
Oct 27, 2011 at 18:32
I dont think they cheat pro accounts directly. but FXCM has the ticket for 2mio about slippage against clients. this is difficoult to proof.
but ofcourse if I would, I would cheat the micro accounts that clients cant effort the court progress.
but ofcourse if I would, I would cheat the micro accounts that clients cant effort the court progress.
Oct 27, 2011 at 20:04
(編集済みのOct 27, 2011 at 20:05)
You can still use some software against virtual dealer plugin cheating, 4xtrader provides a nice one. Then, when you have collected enough evidence, file your case at the NFA, or tell your broker you'll do so to s... em off. Gain Capital a.k.a. Forex.com was filed back then...
ThinkForex I never trusted them from the get go, smells like scam from miles, now I hear from fellow traders that Hot Forex (which I thought were more serious blokes) takes their servers down just before the EUR has its spikes. Seems like there are not many places left where you can run MDP, because most are too slow anyway, or will have big slippage (example FinFx, perfect on demo, bovine droppings on a live account).
The STP Alpari PRO account seems suitable but then again, not too many can afford a $20k account just to find out that you get slipped, or slowed down, just like all the rest.
ThinkForex I never trusted them from the get go, smells like scam from miles, now I hear from fellow traders that Hot Forex (which I thought were more serious blokes) takes their servers down just before the EUR has its spikes. Seems like there are not many places left where you can run MDP, because most are too slow anyway, or will have big slippage (example FinFx, perfect on demo, bovine droppings on a live account).
The STP Alpari PRO account seems suitable but then again, not too many can afford a $20k account just to find out that you get slipped, or slowed down, just like all the rest.
Dec 15, 2010からメンバー
795 投稿
Oct 27, 2011 at 22:05
Id like to believe that our brokers dont trade against us. Im just working on a faster setup to get in and out of the trade before the rest of the world does. I know its tough if not impossible to beat the bigger fish and the whales of this market ( if you dont mind me saying that) Im a little fish in a big ocean and all I want is my small bites of profit.
Click on my Name to see My Live Charts and Bio.
Aug 03, 2011からメンバー
40 投稿
Oct 27, 2011 at 22:11
HedgeEdge posted:
You can still use some software against virtual dealer plugin cheating, 4xtrader provides a nice one.
MDP has this feature already!
Just have a look at chart, where mdp is attached and check every information beginning with 'Avg.'
That gives you all the information you need to find out, whether your broker cheats you or not!
Oct 27, 2011 at 22:13
Professor53 posted:
Id like to believe that our brokers dont trade against us. Im just working on a faster setup to get in and out of the trade before the rest of the world does. I know its tough if not impossible to beat the bigger fish and the whales of this market ( if you dont mind me saying that) Im a little fish in a big ocean and all I want is my small bites of profit.
I'm not sure you are right. Sometimes longer exec time works for MDP favour, all depends on the market move. If whole market moves still in the direction of initial move, we all loose no matter how faster your exec/modification/open time will be, am I right ?
