Posts by Fred_Forex
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MDP 1.2 In Trading Systems Mar 05 2012 at 14:37
I am using the VPS from my profile: tinyurl.com/VPS-EastCoast , smallest package, location: Scranton. Latency approx. 12 ms to broker. It is not a special Forex-VPS, but if you know how to setup Windows you get great value for your money. Cheers Fred
Million Dollar Pips In Trading Systems Mar 05 2012 at 14:25
@ sachinsyd: FIFO=false for IBFX(AU or not), AutoApplyECN=false, but leave UseStopOrders, Hardstoptrailing to true. Spread warnings are ok, it will still trade. One small loss trade for me at IBFX, but others there have no trade. That's not uncommon for MDP ... Fred
Million Dollar Pips In Trading Systems Mar 05 2012 at 09:19
Hey Sachinsyd, for success with MDP the spread is not the most important thing (as long as it is not constantly over 2 pips). As I wrote before, order opening and modification times of the broker are. Please read more in this thread. Regarding MBTrading, the last I heard was that they are not good for MDP because of these high order handling times. - Don't go with the brokers that are recommended at the MDP website. - Some settings of mine are in the general tab of the respective account. The good thing with IBFX(AU) is that they are duly regulated and in business for a long time and you c......
Million Dollar Pips In Trading Systems Mar 04 2012 at 16:20
Mind, to find my accounts you have to search for "MDP 1.2". [tongue] Lol Fred
MDP 1.2 Broker2 In Trading Systems Mar 04 2012 at 14:11
I have withdrawn only 90 % and will continue running this account with smaller lot size for comparison for a while. Fred
MDP 1.2 In Trading Systems Mar 02 2012 at 10:49
Hey Duzyfx, I could, but I am - as other people in the MDP-thread - afraid, that my performance will deteriorate when many people are trading the same settings. Most people not even share the name of the broker. But some settings are revealed in the "general"-tab of the system. Cheers Fred
MDP 1.2 EU ECN In Trading Systems Mar 01 2012 at 19:25
Ok folks, you probably saw the loss in the last order yesterday. The buy-pending-order could not be trailed down any more, it opened at a rather high price and then closed much later at S/L. The journal was showing "Trade disabled", which is a problem on the brokers side, mildly put. I complained and demanded a reimbursement, but they told me, it was the fault of my EA (MDP) which didn't recognize that the pending-order was already opened. Strange, didn't happen in months with all the other brokers and now already after 2 weeks of trading at this broker?! I will give it one more try,......
MDP 1.2 Broker2 In Trading Systems Mar 01 2012 at 15:15
Résumé for February: Account missed trading at Non-Farm-Payroll this month and the big gains. Instead I had big slippage problems. Up to 16 full pips! Account recovered when I removed two other Metatrader platforms from the VPS which were trading other EAs. I am pretty sure, that they had slowed down order-handling of MDP at this account since end of January and this had negative impact on trading results. Because of large slippage of 7.5 pips with last orders yesterday I decided to stop trading now and move my funds to a different broker. I am in the process of account op......
MDP 1.2 In Trading Systems Mar 01 2012 at 14:56
Résumé for February: Account skyrocketed, mostly because of terrific success with trading at Non-Farm-Payroll. But also afterwards market conditions were excellent for MDP and I had almost no drawdown. I am still very satisfied with the order handling of IBFX(AU), slippage is rather low and with about 1.5 pips at maximum volatility-times still acceptable. Overall profit could even be higher if the spread was lower. I let this account run further - no change to the settings since mid November - and will see what March brings. Cheers and good luck everybody. Fred
Million Dollar Pips In Trading Systems Feb 29 2012 at 16:12
+ 15 % on 1st broker total today! +4.5 % on 2nd although big slippage again. -11.3% on 3rd: They disabled trading with EAs when pending orders were open, according to the logs. Probably not the most favourable broker ... Cheers Fred
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