Million Dollar Pips (By osarun)

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Million Dollar Pips Discussion

Jun 21, 2011 at 19:38
11,725 Views
108 Replies
Member Since Feb 20, 2011   55 posts
Jul 10, 2011 at 03:59

sventrapapere71 posted:
    
osarun posted:
    
goldrush posted:
what is your settings in MDP

My version is 1.1.1.
And all parameters are default except MaxOrders_Level.
MaxOrders_Level=6

Hi Osarun.
Besides MaxOrders_Level=6, are you also using Mode_MaxOrders=TRUE or you left it at its default FALSE value?
Thanks,
SventraP

Sorry, you are right.
My setting is perfectly default.
A bad trader always blames his chart.
Member Since May 28, 2010   25 posts
Jul 10, 2011 at 09:08
....So, your MaxOrders_Level is set at its default value of 2?!....

Maybe, you would clarify making the things simpler posting here your used EA's set file since 22 Jun (cancelling your receipt number, of course).

Thanks,

SventraP
If it's too good to be true, probably isn't (true)!
Member Since Apr 20, 2011   9 posts
Jul 10, 2011 at 09:32 (edited Jul 10, 2011 at 09:45)
All settings are defaults
Member Since May 25, 2011   71 posts
Jul 10, 2011 at 22:43

osarun posted:
    
sventrapapere71 posted:
    
osarun posted:
    
goldrush posted:
what is your settings in MDP

My version is 1.1.1.
And all parameters are default except MaxOrders_Level.
MaxOrders_Level=6

Hi Osarun.
Besides MaxOrders_Level=6, are you also using Mode_MaxOrders=TRUE or you left it at its default FALSE value?
Thanks,
SventraP

Sorry, you are right.
My setting is perfectly default.

i'm sure i heard the brother say default setting? post settings? there can only be one meaning to default!
Member Since Jun 26, 2011   90 posts
Jul 11, 2011 at 00:38
Osarun,

 where is your VPS located? In Japan?

 And do you know the latency from it to Pepperstone in ms? Thanks=)
Don't work hard, work smart.
Member Since Feb 20, 2011   55 posts
Jul 11, 2011 at 03:12

autofx101 posted:
    
osarun posted:
    
sventrapapere71 posted:
    
osarun posted:
    
goldrush posted:
what is your settings in MDP

My version is 1.1.1.
And all parameters are default except MaxOrders_Level.
MaxOrders_Level=6

Hi Osarun.
Besides MaxOrders_Level=6, are you also using Mode_MaxOrders=TRUE or you left it at its default FALSE value?
Thanks,
SventraP

Sorry, you are right.
My setting is perfectly default.

i'm sure i heard the brother say default setting? post settings? there can only be one meaning to default!

I touched nothing except user name.
A bad trader always blames his chart.
Member Since Feb 20, 2011   55 posts
Jul 11, 2011 at 03:24

Danielnwa posted:
    Osarun,

 where is your VPS located? In Japan?

 And do you know the latency from it to Pepperstone in ms? Thanks=)

Yes, my VPS is in Japan.
Latency is 190ms as it is called 'average'.

But this VPS is specialized as 'windows desktop' that is very light in a no-frills way.
Traders don't need server functions.
A bad trader always blames his chart.
Member Since Jun 26, 2011   90 posts
Jul 11, 2011 at 03:53

osarun posted:
    
Danielnwa posted:
    Osarun,

 where is your VPS located? In Japan?

 And do you know the latency from it to Pepperstone in ms? Thanks=)

Yes, my VPS is in Japan.
Latency is 190ms as it is called 'average'.

But this VPS is specialized as 'windows desktop' that is very light in a no-frills way.
Traders don't need server functions.

Oh I see=)

I think your VPS provider must be very good for your MDP to be performing so well. Of course the Pepperstone Razor account is probably exactly what this EA needs, but still I must say that the performance is pleasantly surprising! It has been excellent indeed.

I noticed you are thinking about moving to ThinkForex instead. Their VPS probably has latency <2ms, so that is a big advantage. But do you know which one is cheaper to trade, ThinkForex or Pepperstone Razor? ThinkForex gets paid through the spreads, but they are still very low. Pepperstone Razor has lower spreads, but charges commision. So I wonder who is actually cheaper to trade?
Don't work hard, work smart.
Member Since Feb 20, 2011   55 posts
Jul 11, 2011 at 04:59

Danielnwa posted:
    
osarun posted:
    
Danielnwa posted:
    Osarun,

 where is your VPS located? In Japan?

 And do you know the latency from it to Pepperstone in ms? Thanks=)

Yes, my VPS is in Japan.
Latency is 190ms as it is called 'average'.

But this VPS is specialized as 'windows desktop' that is very light in a no-frills way.
Traders don't need server functions.

Oh I see=)

I think your VPS provider must be very good for your MDP to be performing so well. Of course the Pepperstone Razor account is probably exactly what this EA needs, but still I must say that the performance is pleasantly surprising! It has been excellent indeed.

I noticed you are thinking about moving to ThinkForex instead. Their VPS probably has latency <2ms, so that is a big advantage. But do you know which one is cheaper to trade, ThinkForex or Pepperstone Razor? ThinkForex gets paid through the spreads, but they are still very low. Pepperstone Razor has lower spreads, but charges commision. So I wonder who is actually cheaper to trade?


Also, I don't know that (but I am thinking that both are almost same).
Thing you mentioned is just the reason why I will make an account for MDP at ThinkForex.

A bad trader always blames his chart.
Member Since Jan 05, 2011   128 posts
Jul 11, 2011 at 16:23
Hi Osarun, I noticed you did a few trades using the latest version 1.1.5 and I notice these trades have a much longer holder period... one trade even last more than 23 mins which I think its very risky for a scalper stradagy to have such a long holding time. It seems the creator is changing the trading method of the ea on this new version. What do you think ?
Live Freely
Member Since Jan 05, 2011   128 posts
Jul 11, 2011 at 16:24
All of the trades on the version 1.1.1 has a holding time of no more than 2 mins....unlike the new version of 1.1.5
Live Freely
Member Since Feb 20, 2011   55 posts
Jul 11, 2011 at 17:17

FXdome posted:
    Hi Osarun, I noticed you did a few trades using the latest version 1.1.5 and I notice these trades have a much longer holder period... one trade even last more than 23 mins which I think its very risky for a scalper stradagy to have such a long holding time. It seems the creator is changing the trading method of the ea on this new version. What do you think ?

Just in that term, my MT4 chart was frozen. Please ignore.
A bad trader always blames his chart.
Member Since Jan 27, 2011   18 posts
Jul 11, 2011 at 17:56
Hi all !
Thanks for sharing. I just started running MDP in a thinkforex account. The Latency from my VPS is 15ms. Settings are all default except MM that I using very low risk and FIFO ( set to NO , as I am not in USA). I will keep you guys updated.
Member Since May 25, 2011   71 posts
Jul 11, 2011 at 19:05

mahapan posted:
    Hi all !
Thanks for sharing. I just started running MDP in a thinkforex account. The Latency from my VPS is 15ms. Settings are all default except MM that I using very low risk and FIFO ( set to NO , as I am not in USA). I will keep you guys updated.

hi,
what VPS are you using to generate 15ms latency to thinkforex?
Member Since Jan 27, 2011   18 posts
Jul 11, 2011 at 19:18
This is the one
https://www.forexvps.com/.

I am not affiliate :-)
Member Since May 28, 2010   25 posts
Jul 11, 2011 at 19:26
Hi all.

I'm running MDP (versions 1.1.1 and 1.1.5 both at default and aggressive settings) on my live ThinkForex acc using CNS VPS (NYC datacenter) with a latency of 2-3 ms max (I think the best VPS for ThinkForex acc's).

If my results will not be good, I'll move to Pepperstone Razor acc running it on Sparkstation.net VPS (hosting in Singapore, near main Pepperstone live server), in order to get the same very low latency I'm getting for my ThinkForex acc.

Hope this help in choosing the right broker + VPS (a must for this kind of EA).

SventraP
If it's too good to be true, probably isn't (true)!
Member Since Feb 20, 2011   55 posts
Jul 12, 2011 at 02:33 (edited Jul 12, 2011 at 02:34)
Suddenly slip became huge.
Wait to open accounts if you are thinking about Pepperstone.
A bad trader always blames his chart.
Member Since Jan 27, 2011   18 posts
Jul 12, 2011 at 03:50
I did not have this last bad trades. I did not have any trade so far. Maybe normal differences between brokers. Early to make conclusions. Lets keep watching and thinking.
Member Since Jan 27, 2011   18 posts
Jul 12, 2011 at 03:52
Oh, I am using the 1.1.5 Version. And as far as I understood osarun is using 1.1.1.
Member Since Jan 05, 2011   128 posts
Jul 12, 2011 at 05:27

osarun posted:
    Suddenly slip became huge.
Wait to open accounts if you are thinking about Pepperstone.

I wonder why they suddenly widen the spread so much ? I thought they are a true ECN broker. They should be happy that there is a scalper EA like this one which will generate good commission for them so I wonder why they try to destory the good result of the ea by widen their spread. Something does not sound right here.
Live Freely
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